NOT LISTED FOR SALE

5201 Frost Point Cir SE Prior Lake, MN 55372

Estimated Value: $3,894,000 - $4,184,000

4 Beds
5 Baths
8,902 Sq Ft
$452/Sq Ft Est. Value

Last Sold October 16, 2014

Last sale price $2,675,000 $300 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $25,224/month

50 Days on Market

Highlights

  • Lake Front
  • Docks
  • 0.92 Acre Lot
  • Westwood Elementary School Rated A
  • Sauna
  • 4-minute walk to Fish Point Park

About This Home

As of October 2014

A perfect marriage of lake and land unites at Frost Point. A true masterpiece on a one of a kind homesite. Elegance, sophistication, privacy, and tranquility. All your dreams come true at "Villa Vista."

Last Agent to Sell the Property

Chris Rooney

RE/MAX Preferred Listed on: 06/03/2014

RE/MAX Preferred

Last Buyer's Agent

Chris Rooney

RE/MAX Preferred Listed on: 06/03/2014

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,104

Year Built

  • Built in 2003

Lot Details

  • 0.92 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Sauna
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

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

Parking

  • 5 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 250600100

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,104

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Sauna, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Dock, Inground Sprinkler System, Patio, Porch, Sauna
  • Estimated Number of Acres: 0.92
  • Construction: Previously Owned
  • Foundation Size: 4897
  • Mechanicals: Central Vacuum, Water Softener-Owned
  • Parcel Number: 250600100
  • Projected Closed Date: 10/16/2014
  • Stories: 1 Story
  • Taxes With Assessments: 36104
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Indoor Grill, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Basement, Full Master, Main Floor 1/2 Bath, Separate Tub & Shower
  • Total Bathrooms: 5
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 24x20, On Level: Main
  • Room 2: Dining Room, 25x14, On Level: Main
  • Room 3: Family Room, 22x20, On Level: Lower
  • Room 4: Kitchen, 20x19, On Level: Main
  • Room 5: Bedroom, 19x15, On Level: Main
  • Room 6: Bedroom, 16x13, On Level: Lower
  • Room 7: 19x15, On Level: Lower
  • Room 8: Bedroom, 14x13, On Level: Lower
  • Room 9: Porch, 16x15, On Level: Main
  • Room 10: Other, 25x16, On Level: Main
  • Room 11: Deck, 14x12, On Level: Main
  • Room 12: Den/Office, 16x13, On Level: Main
  • Room 13: Rec Room, 24x15, On Level: Lower
  • Room 14: Rec Room, 27x16, On Level: Lower
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 4005
  • Below Grade Finished Sq Ft: 4897
  • Total Fin Square Footage: 8902

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • LakeAcres: 956.16
  • Waterfront Name: Lower Prior
  • Exterior: Brick, Wood
  • Roof: Wood Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 5

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Lot/Land Description: Cul De Sac, Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2014
  • Tax Value: 36104

MLS Schools

  • School District: Prior Lake-Savage Area #719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2014
Closed on
Oct 16, 2014
Sold by
Dream Horizon Llc
Bought by
Morgan Thomas B and Morgan Angela
Seller's Agent
Chris Rooney
RE/MAX Preferred
Buyer's Agent
Chris Rooney
RE/MAX Preferred
List Price
$2,895,000
Sold Price
$2,675,000
Premium/Discount to List
-$220,000
-7.6%
Total Days on Market
50
Current Estimated Value
$4,021,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,346,592
Avg. Annual Appreciation
3.91%
Original Mortgage
$1,735,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Morgan Thomas B $2,675,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Thomas B $1,450,000
Closed Morgan Thomas B $1,735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2014 10/16/14 Sold $2,675,000 -7.6% $300 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $2,895,000 +19.4% $325 / Sq Ft
06/27/2012 06/27/12 Sold $2,425,000 -30.7% $272 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $3,500,000 -- $393 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $46,566 $4,212,700 $1,487,700 $2,725,000
2024 $46,566 $4,030,900 $1,418,100 $2,612,800
2023 $43,552 $3,895,900 $1,418,100 $2,477,800
2022 $42,012 $3,760,000 $1,268,800 $2,491,200
2021 $40,102 $3,098,600 $1,228,500 $1,870,100
2020 $41,070 $2,897,300 $1,038,400 $1,858,900
2019 $40,868 $2,847,700 $950,400 $1,897,300
2018 $44,928 $0 $0 $0
2016 $33,972 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4628289

REALTOR® Association of Southern Minnesota

APN: 25-060-010-0