NOT LISTED FOR SALE

5108 Memorial Trail SE Prior Lake, MN 55372

Estimated Value: $412,337 - $434,000

3 Beds
2 Baths
1,996 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $412,300 $207 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,491/month

7 Days on Market

Highlights

  • 220 Feet of Waterfront
  • No HOA
  • 2 Car Attached Garage
  • Westwood Elementary School Rated A
  • The kitchen features windows
  • 1-minute walk to Memorial Park

About This Home

As of June 2023

Pride of ownership shows in this Prior Lake gem! Vaulted ceilings bring a plethora of natural light into the main level that is highlighted by a great kitchen and dining room spaces. The upper level features a living room and bedrooms, including a large owner's suite with great closet space! The lower level includes another bedroom, bathroom, and a fantastic family room with a fireplace and walkout to a patio that is perfect for those summer BBQs! Walk across the street to a beautiful city park, or walk downtown Prior Lake to the restaurants, coffee shops, ice cream, and famous farmer's market! This one is truly the perfect combination of a beautiful home in a phenomenal location!

Last Agent to Sell the Property

Jesse Hendricks

Edina Realty, Inc. Listed on: 05/11/2023

Edina Realty, Inc.

Last Buyer's Agent

Sandra Burkard

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1992

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 90x192
  • 220 Feet of Waterfront
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Wood Siding

Interior Spaces

  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 250040041

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,462

Year Built

Built in 1992

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: 1992
  • Above Grade Finished Sq Ft: 1386
  • Water Body Name: McDonald
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Family Room
  • Living Area: 1996
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 610
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 2070.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • LakeChain: N
  • Waterfront Frontage: 220

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Natural Woodwork,Patio,Porch,Walk-In Closet

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 90x192
  • Lot Size Sq Ft: 16857.72
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 250040041
  • Tax Annual Amount: 3462
  • TaxWithAssessments: 3462.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 2, 2023
Sold by
Buszmann Alex and Buszmann Stacie
Bought by
Hall Jonathan and Hall Skylar
Seller's Agent
Jesse Hendricks
Edina Realty, Inc.
Buyer's Agent
Sandra Burkard
RE/MAX Results
List Price
$399,900
Sold Price
$412,300
Premium/Discount to List
$12,400
3.1%
Views
21
Current Estimated Value
$419,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,034
Avg. Annual Appreciation
0.70%
Original Mortgage
$412,300
Outstanding Balance
$401,275
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$18,059

Purchase Details

Listed on
Jun 13, 2014
Closed on
Aug 15, 2014
Sold by
Engel Dorothy M
Bought by
Buszmann Alex
Seller's Agent
Raymond Loftus
Edina Realty, Inc.
Buyer's Agent
Jesse Hendricks
Coldwell Banker Burnet
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$176,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hall Jonathan $412,300 --
Buszmann Alex $220,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Jonathan $412,300
Previous Owner Buszmann Alex $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $412,300 -0.7% $207 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $415,000 +3.8% $208 / Sq Ft
05/11/2023 05/11/23 For Sale $399,900 +81.8% $200 / Sq Ft
08/15/2014 08/15/14 Sold $220,000 -3.9% $111 / Sq Ft View Prior Sale
07/29/2014 07/29/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $229,000 -- $115 / 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
2025 $3,556 $366,100 $165,400 $200,700
2024 $3,458 $367,200 $165,400 $201,800
2023 $3,462 $351,200 $157,600 $193,600
2022 $3,214 $362,600 $157,600 $205,000
2021 $3,198 $291,800 $126,000 $165,800
2020 $2,842 $284,900 $121,500 $163,400
2019 $2,910 $247,300 $83,900 $163,400
2018 $2,894 $0 $0 $0
2016 $2,566 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6350590

NorthstarMLS

APN: 25-004-004-1