$1,995,000
SOLD NOV 3, 2022

5342 Frost Point Cir SE Prior Lake, MN 55372

4 Beds
4 Baths
3,694 Sq Ft
0.39 Acres

Recently Sold

$540 Per Sq Ft

7 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Fireplace in Primary Bedroom
  • Home Office
  • Westwood Elementary School Rated A
  • No HOA
  • 2-minute walk to Fish Point Park

About This Home

As of November 2022

Turn-key custom-built home with 100 feet of prime sandy lakeshore on Lower Prior Lake in demand Frost Point neighborhood. Big water views and stunning sunsets from almost every room. Main level features hardwood floors, center-island kitchen with stainless appliances, two-sided fireplace in living room and dining room, and sunroom that walks out to the deck overlooking the lawn, patio and lake. Lakeside owner’s suite with fireplace, luxury bathroom, and large walk-in closet. Two additional bedrooms, one with ensuite bathroom, full bath, and laundry room complete this floor. Walk-out lower-level includes amusement room with stone fireplace and game area, office, guest bedroom, exercise room, and full bathroom. Large main level garage and an additional lakeside garage with plenty of room for all the toys and boat storage. Prime location minutes to downtown Prior Lake, shopping, restaurants, parks, and trails. Prior Lake-Savage Area Schools.

Last Agent to Sell the Property

Gregg Larsen

Coldwell Banker Realty Listed on: 09/16/2022

Coldwell Banker Realty

Last Buyer's Agent

Jim Slater

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,992

Year Built

  • Built in 2007

Lot Details

  • 0.39 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Wood Fence

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Stone Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Utility Room Floor Drain
  • Home Gym

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 250600010

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,992

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 2452
  • Water Body Name: Lower Prior
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-719-4477
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Family Room, Gas, Living Room, Primary Bedroom, Stone
  • Living Area: 3694
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1242
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sun Room, Laundry, Office, Exercise Room
  • SqFtTotal: 3963.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • View: Lake, North, Panoramic
  • Lake Acres: 956
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 1104

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Panoramic View,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100LAKEX168
  • Lot Size Sq Ft: 16988.4
  • 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: 2022
  • Assessor Parcel Number: 250600010
  • Tax Annual Amount: 20992
  • TaxWithAssessments: 21012.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 19, 2022
Sold by
Longerbone Bradley T and Longerbone Kimberly L
Bought by
Christianson Mark and Christianson Marilyn
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Jim Slater
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,995,000
Current Estimated Value
$2,075,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,158
Avg. Annual Appreciation
1.48%

Purchase Details

Listed on
May 15, 2014
Closed on
Jun 12, 2014
Sold by
Berg William W
Bought by
Longerbone Bradley T and Longerbone Kimberly L
Seller's Agent
Chris Rooney
RE/MAX Preferred
Buyer's Agent
Mary Schweich
Edina Realty, Inc.
List Price
$1,100,000
Sold Price
$1,090,000
Premium/Discount to List
-$10,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$820,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Olson Wayne R and Olson Virginia L
Bought by
Berg William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $1,995,000 Watermark Title
Deed $1,090,000 Liberty Title Inc
Warranty Deed $765,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Credit Line Revolving
Previous Owner $820,000 New Conventional
Previous Owner $296,500 New Conventional
Previous Owner $296,500 New Conventional
Previous Owner $340,000 New Conventional
Previous Owner $840,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,003,000 Future Advance Clause Open End Mortgage
Previous Owner $772,000 Stand Alone Second
Previous Owner $300,000 Credit Line Revolving
Previous Owner $5,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $1,995,000 0.0% $540 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/21/2022 09/21/22 Off Market $1,995,000 -- --
09/15/2022 09/15/22 For Sale $1,995,000 +83.0% $540 / Sq Ft
06/20/2014 06/20/14 Sold $1,090,000 -0.9% $311 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $1,100,000 -- $314 / 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 $23,466 $2,158,200 $1,010,200 $1,148,000
2024 $23,384 $2,059,000 $962,100 $1,096,900
2023 $21,988 $1,998,700 $962,100 $1,036,600
2022 $21,012 $1,940,700 $902,000 $1,038,700
2021 $17,952 $1,592,400 $815,100 $777,300
2020 $17,948 $1,344,100 $582,300 $761,800
2019 $17,742 $1,292,400 $533,000 $759,400
2018 $15,368 $0 $0 $0
2016 $12,162 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6260583

NorthstarMLS

APN: 25-060-001-0