$785,000
SOLD NOV 22, 2024

5280 Polaris Ln N Minneapolis, MN 55446

5 Beds
3.5 Baths
3,503 Sq Ft
0.31 Acres

Recently Sold

$224 Per Sq Ft

2% Below List Price

43 Days on Market

Highlights

  • Home Office
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Basswood Elementary School Rated A-
  • Entrance Foyer
  • Combination Kitchen and Dining Room

About This Home

As of November 2024

This charming and meticulously maintained home is situated in a highly sought-after Plymouth neighborhood. Featuring an open and airy floor plan, this residence offers an inviting living space bathed in natural light, perfect for both relaxation and entertaining. The updated kitchen showcases modern appliances, ample counter space, and a cozy dining area that seamlessly connects to the living room. It also has a beautiful bar and entertaining space in the basement and a new no maintenance deck.

Conveniently located near parks, shopping, and top-rated schools, this property offers both comfort and accessibility. Don’t miss the opportunity to make this delightful home your own! Schedule your showing today and experience all that 5280 Polaris Lane North has to offer!

Last Agent to Sell the Property

Tony Sarenpa

Keller Williams Premier Realty Lake Minnetonka Listed on: 10/10/2024

Keller Williams Premier Realty Lake Minnetonka

Co-Listed By

Shane Joseph

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Shane Joseph

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,481

Year Built

  • Built in 2014

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 114x184x40x167

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include shared amenities
  • Omega Property Management Association, Phone Number (763) 449-9100
  • Hampton Hills 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0411822340055

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,481

Year Built

Built in 2014

Lot Details

0

HOA Fees

$16 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 2670
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Wall Oven
  • Fireplace Features: Living Room
  • Living Area: 3503
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 833
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Office, Foyer, Mud Room, Bedroom 5

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 700

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Phone: 763-449-9100
  • Association Fee: 186
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: Omega Property Management

Schools

  • Junior High Dist: Osseo
  • SchoolDistrictNumber: 279
  • SchoolDistrictPhone: 763-391-7000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 114x184x40x167
  • Lot Size Sq Ft: 13503.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0411822340055
  • Tax Annual Amount: 8481
  • TaxWithAssessments: 8481.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 22, 2024
Sold by
Mulheran Peter and Mulheran Megan
Bought by
Silenko Aleksey and Silenko Monica
Seller's Agent
Tony Sarenpa
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Shane Joseph
Keller Williams Premier Realty Lake Minnetonka
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%
Views
129
Current Estimated Value
$800,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,140
Avg. Annual Appreciation
0.95%
Original Mortgage
$628,000
Outstanding Balance
$625,630
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$164,680

Purchase Details

Listed on
Aug 22, 2013
Closed on
May 29, 2014
Sold by
Tristar Homes Llc
Bought by
Mulheran Peter J and Mulheran Megan M
Seller's Agent
Timothy Lindeen
Pulte Homes Of Minnesota, LLC
Buyer's Agent
Steven Schmitz
Coldwell Banker Burnet
List Price
$560,805
Sold Price
$549,900
Premium/Discount to List
-$10,905
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$325,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2013
Sold by
Hampton Hills Investment Llc
Bought by
Tristar Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
3.91%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $785,000 --
Warranty Deed $549,900 Preferred Title
Warranty Deed $129,100 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $628,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $251,000 New Conventional
Previous Owner $325,000 New Conventional
Previous Owner $319,900 Purchase Money Mortgage
Previous Owner $103,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $785,000 -1.9% $224 / Sq Ft
10/10/2024 10/10/24 For Sale $799,900 +45.5% $228 / Sq Ft
06/01/2014 06/01/14 Sold $549,900 -1.9% $157 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $560,805 -- $160 / 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
2023 $8,481 $699,200 $178,000 $521,200
2022 $6,680 $672,000 $185,000 $487,000
2021 $6,614 $555,000 $148,000 $407,000
2020 $6,736 $547,000 $148,000 $399,000
2019 $6,859 $538,000 $150,000 $388,000
2018 $6,595 $525,000 $155,000 $370,000
2017 $6,818 $503,000 $147,000 $356,000
2016 $6,783 $493,000 $150,000 $343,000
2015 $6,292 $442,800 $131,300 $311,500
2014 -- $91,100 $91,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6612244

NorthstarMLS

APN: 04-118-22-34-0055