NOT LISTED FOR SALE

5372 Saddle Ridge Trail Independence, MN 55359

Estimated Value: $1,066,115 - $1,129,000

6 Beds
6 Baths
4,819 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 29, 2013

Last sale price $493,600 $102 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,683/month

247 Days on Market

Highlights

  • Spa
  • 4.6 Acre Lot
  • Vaulted Ceiling
  • Schumann Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2013

Stately 6 bedroom/ 6 bath two story home set on very private 5 acres. Home features generous room sizes, 3 fireplaces, 3 season porch and is finished throughout. Master suite includes cherry wood, two walk in closets & whirlpool tub in private bath.

Last Agent to Sell the Property

Curtis Lingwall

Re/Max Results Listed on: 08/22/2012

Last Buyer's Agent

Mimi Ryerse

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,566

Year Built

  • Built in 1993

Lot Details

  • 4.6 Acre Lot
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Furnace Humidifier
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 3611824240004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,566

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Hot Tub, Security System, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Asphalt, Hot Tub, Porch
  • Estimated Number of Acres: 4.6
  • Construction: Previously Owned
  • Foundation Size: 1733
  • Mechanicals: Central Vacuum, Electronic Air Filter, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 3611824240004
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/31/2013
  • Stories: 2 Story
  • Street Designation: Trail
  • Taxes With Assessments: 7566.12
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 6
  • Room 1: Living Room, 16x13, On Level: Main
  • Room 2: Dining Room, 16x12, On Level: Main
  • Room 3: Family Room, 23x15, On Level: Main
  • Room 4: Kitchen, 19x14, On Level: Main
  • Room 5: Bedroom, 23x15, On Level: Upper
  • Room 6: Bedroom, 14x11, On Level: Upper
  • Room 7: 13x11, On Level: Upper
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: Dining Room, 15x11, On Level: Main
  • Room 10: Porch, 14x14, On Level: Main
  • Room 11: Other, 13x13, On Level: Main
  • Room 12: Deck, 16x14, On Level: Main
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3319
  • Below Grade Finished Sq Ft: 1500
  • Total Fin Square Footage: 4819

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2011
  • Tax Value: 7566

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2012
Closed on
May 24, 2013
Sold by
Boyadjis George
Bought by
Lindquist Matthew R and Lindquist Jessica R N
Seller's Agent
Curtis Lingwall
Re/Max Results
Buyer's Agent
Mimi Ryerse
Edina Realty, Inc.
List Price
$599,900
Sold Price
$493,600
Premium/Discount to List
-$106,300
-17.72%
Current Estimated Value
$1,066,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,631
Avg. Annual Appreciation
6.25%
Original Mortgage
$394,880
Outstanding Balance
$284,272
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$751,036
Source: Public Records

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
Lindquist Matthew R $479,082 Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindquist Matthew R $99,000
Open Lindquist Matthew R $394,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2013 05/29/13 Sold $493,600 -17.7% $102 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
08/22/2012 08/22/12 For Sale $599,900 -- $124 / 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
2023 $10,491 $879,800 $245,000 $634,800
2022 $9,450 $830,000 $235,000 $595,000
2021 $9,335 $696,000 $235,000 $461,000
2020 $6,005 $684,000 $225,000 $459,000
2019 $6,162 $449,000 $225,000 $224,000
2018 $6,624 $453,000 $225,000 $228,000
2017 $6,318 $455,000 $225,000 $230,000
2016 $7,224 $520,000 $300,000 $220,000
2015 $7,460 $540,000 $320,000 $220,000
2014 -- $661,000 $320,000 $341,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4391090

REALTOR® Association of Southern Minnesota

APN: 36-118-24-24-0004