506 Lombardy Ln Hopkins, MN 55305
4
Beds
3.5
Baths
3,482
Sq Ft
0.45
Acres
Highlights
- Deck
- No HOA
- 2 Car Attached Garage
- Sunset Hill Elementary School Rated A
- Home Office
- Patio
About This Home
As of September 2024Welcome to 506 Lombardy Lane. This spacious modern-style rambler boasts over 2,300 sq ft on the main level and an additional 2,300 sq ft on the lower level, with the option to finish over 1,000 sq ft of space in the basement. The updated kitchen is charming, and the fantastic primary bathroom features a jetted tub and a large separate shower. The main floor includes a generous family area that could double as a studio. Outdoor entertaining is a delight with two patios, two decks, and an inviting gazebo. The rear and side yards are lined with trees, offering pleasant privacy. Recent updates include interior paint, HVAC, a newer roof, landscaping enhancements, updated bathrooms, a tankless water heater, and improvements to the chimney and brickwork. Located in the highly regarded Wayzata school district, this home is surrounded by parks, trails, and local amenities/shopping. Don't miss out on this must-see property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,952
Year Built
- Built in 1950
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 130x150
Parking
- 2 Car Attached Garage
Home Design
- Unfinished Walls
Interior Spaces
- 1-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Home Office
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Window Egress
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0311722110030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2024
Closed on
Aug 26, 2024
Sold by
Biskupski Allison and Biskupski Tony
Bought by
Mcgriff Jared and Mcgriff Deepa
Seller's Agent
Brent Nordstrom
Lakes Area Realty
Buyer's Agent
Jean McCahey
Coldwell Banker Realty
List Price
$675,000
Sold Price
$622,500
Premium/Discount to List
-$52,500
-7.78%
Total Days on Market
18
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,234
Avg. Annual Appreciation
6.09%
Original Mortgage
$591,375
Outstanding Balance
$587,847
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$62,887
Purchase Details
Listed on
Jul 29, 2013
Closed on
Mar 13, 2014
Sold by
Magill Allison L
Bought by
Magill Allison L and Biskupski Tony P
Seller's Agent
Mimi Ryerse
Edina Realty, Inc.
Buyer's Agent
Tony Biskupski
Better Homes and Gardens Real Estate All Seasons
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$260,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 29, 2013
Closed on
Feb 28, 2014
Sold by
Sorum Troy N
Bought by
Magill Allison L
Seller's Agent
Mimi Ryerse
Edina Realty, Inc.
Buyer's Agent
Tony Biskupski
Better Homes and Gardens Real Estate All Seasons
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Similar Homes in Hopkins, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $622,500 | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $325,000 | At Home Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $591,375 | New Conventional | |
| Previous Owner | $259,000 | New Conventional | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $412,500 | New Conventional | |
| Previous Owner | $54,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2024 09/03/24 | Sold | $622,500 | -4.1% | $179 / Sq Ft |
| 07/30/2024 07/30/24 | Pending | -- | -- | -- |
| 07/22/2024 07/22/24 | Price Changed | $649,000 | -3.9% | $186 / Sq Ft |
| 07/12/2024 07/12/24 | For Sale | $675,000 | +107.7% | $194 / Sq Ft |
| 02/28/2014 02/28/14 | Sold | $325,000 | -7.1% | $108 / Sq Ft |
| 02/06/2014 02/06/14 | Pending | -- | -- | -- |
| 07/29/2013 07/29/13 | For Sale | $349,900 | -- | $116 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $7,952 | $644,700 | $202,400 | $442,300 |
| 2022 | $6,901 | $597,700 | $202,400 | $395,300 |
| 2021 | $6,478 | $515,700 | $184,000 | $331,700 |
| 2020 | $6,408 | $489,800 | $184,000 | $305,800 |
| 2019 | $6,098 | $467,000 | $184,000 | $283,000 |
| 2018 | $5,883 | $447,200 | $184,000 | $263,200 |
| 2017 | $5,403 | $391,700 | $165,000 | $226,700 |
| 2016 | $5,024 | $361,600 | $155,000 | $206,600 |
| 2015 | $5,189 | $364,200 | $150,000 | $214,200 |
| 2014 | -- | $382,500 | $150,000 | $232,500 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Nordstrom
Seller's Agent in 2024
Brent Nordstrom
Lakes Area Realty
40 Total Sales
-
Jean McCahey
Buyer's Agent in 2024
Jean McCahey
Coldwell Banker Burnet
(651) 270-6409
98 Total Sales
-
M
Seller's Agent in 2014
Mimi Ryerse
Edina Realty, Inc.
-
D
Seller Co-Listing Agent in 2014
David Schmid
Edina Realty, Inc.
-
T
Buyer's Agent in 2014
Tony Biskupski
Better Homes and Gardens Real Estate All Seasons
Map
Source: NorthstarMLS
MLS Number: 6566052
APN: 03-117-22-11-0030
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