NOT LISTED FOR SALE

506 Lombardy Ln Hopkins, MN 55305

Estimated Value: $603,000 - $745,308

4 Beds
3.5 Baths
3,482 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $622,500 $179 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,321/month

18 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Attached Garage
  • Sunset Hill Elementary School Rated A
  • Home Office
  • Patio

About This Home

As of September 2024

Welcome 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.

Last Agent to Sell the Property

Brent Nordstrom

Lakes Area Realty Listed on: 07/09/2024

Last Buyer's Agent

Jean McCahey

Coldwell Banker Realty

Coldwell Banker Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,952

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 2320
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Unfinished
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 3482
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1162
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Den, Patio, Deck, Unfinished

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Finished Garage
  • Garage Square Feet: 484

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 130x150
  • Lot Size Sq Ft: 19602
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0311722110030
  • Tax Annual Amount: 7952
  • TaxWithAssessments: 7952.0000

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%
Views
28
Current Estimated Value
$682,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,827
Avg. Annual Appreciation
8.70%
Original Mortgage
$591,375
Outstanding Balance
$585,239
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$97,088

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
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgriff Jared $622,500 --
Magill Allison L -- None Available
Magill Allison L $325,000 At Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgriff Jared $591,375
Previous Owner Magill Allison L $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

Source: Public Records

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
2024 $8,267 $637,200 $202,400 $434,800
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

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Map

Source: NorthstarMLS

MLS Number: 6566052

NorthstarMLS

APN: 03-117-22-11-0030