NOT LISTED FOR SALE

5385 Polaris Ln N Minneapolis, MN 55446

Estimated Value: $947,377 - $1,114,000

5 Beds
4.5 Baths
3,266 Sq Ft
$315/Sq Ft Est. Value

Last Sold July 22, 2013

Last sale price $644,900 $197 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,670/month

53 Days on Market

Highlights

  • Newly Remodeled
  • Family Room with Fireplace
  • 3 Car Attached Garage
  • Basswood Elementary School Rated A-
  • Wood Flooring
  • Woodwork

About This Home

As of July 2013

Another gorgeous TriStar home w/gourmet kit, walnut hdwd floors, columns, crown molding, dk walnut stained cherry wood & enamel finishes throughout. 2nd flr laundry, J&J bath, master suite, loft & main flr office. LL fin'd incl'g FP, built-ins & wet bar!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,533

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 0.37 Acre Lot
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Walk-Out Basement

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Not Formed Yet Association

Listing and Financial Details

  • Assessor Parcel Number 0411822340023

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,533

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Cement Board
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Fee Frequency: Yearly
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 3266.00
  • Above Grade Finished Area Search: 3266.00
  • Assessment Pending Y N: No
  • Association Management: Not Formed Yet
  • Below Grade Finished Sq Ft: 1083.00
  • Carport Y N: No
  • Floor Plan Type: 2nd Floor Laundry, 4 BR on One Level
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 12918
  • Listing Organization: Iowa
  • Living Area Finished: 4349.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 0411822340023
  • Rental License: No
  • Stories Type: Two
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Exhaust Fan/Hood, Microwave, Refrigerator, Wall Oven
  • Fireplace Features: Family Room, Gas Burning, Living Room
  • Dining Room Features: Kitchen/Dining Room, Separate/Formal Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: Full Primary, Main Floor 1/2 Bath, Private Primary, Separate Tub & Shower, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1083.00

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association Fee: 100.00

Association/Amenities

  • Property Amenities: Ceiling Fan(s), Hardwood Floors, In-Ground Sprinkler, Natural Woodwork, Tile Floors, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: Osseo
  • School District Phone: 763-391-7000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Completed New Construction
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: getting
  • Homestead: No
  • Lot Size Acres: 0.3700
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: Lot 6 Blk 1 Hampton Hills 3rd Addn
  • Tax Year: 2012
  • Assessor Parcel Number: 0411822340023

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: Osseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
Hughes Brent J and Hughes Joan E
Bought by
Hughes Joan E and Joan E Hughes Intervivos Revocable Trust
Total Days on Market
53
Current Estimated Value
$1,028,344

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jul 22, 2013
Sold by
Tristar Homes Llc
Bought by
Hughes Brent J and Hughes Joan E
List Price
$659,900
Sold Price
$644,900
Premium/Discount to List
-$15,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$417,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2012
Sold by
Hampton Hills Investment Llc
Bought by
Tristar Homes Llc

Range of Values:

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Average Value
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List Price
Sold Price
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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
Hughes Brent J $644,900 None Available
Tristar Homes Llc $166,100 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Joan E $428,000
Closed Hughes Brent J $417,000
Closed Hughes Brent J $163,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2013 07/22/13 Sold $644,900 -2.3% $197 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $659,900 -- $202 / 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 $11,533 $921,500 $195,800 $725,700
2022 $9,265 $885,000 $204,000 $681,000
2021 $9,070 $737,000 $163,000 $574,000
2020 $9,280 $719,000 $163,000 $556,000
2019 $9,243 $710,000 $165,000 $545,000
2018 $9,084 $679,000 $171,000 $508,000
2017 $9,511 $669,000 $162,000 $507,000
2016 $9,007 $629,000 $153,000 $476,000
2015 $9,309 $629,600 $153,100 $476,500
2014 -- $644,800 $160,000 $484,800
Source: Public Records

Map

Source: NorthstarMLS

MLS Number: 4353558

NorthstarMLS

APN: 04-118-22-34-0023