NOT LISTED FOR SALE

5388 Candy Cove Trail SE Prior Lake, MN 55372

Estimated Value: $2,531,000 - $2,728,161

5 Beds
5.5 Baths
5,488 Sq Ft
$484/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $2,495,000 $455 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $16,531/month

52 Days on Market

Highlights

  • Lake Front
  • Family Room with Fireplace
  • No HOA
  • Westwood Elementary School Rated A
  • Loft
  • Home Office

About This Home

As of December 2022

A true storybook setting for this walkout 2 story on Lower Prior Lake w/ over 1/2 acre of gently sloping lakefront & picturesque landscape. This sanctuary shaped haven is lined w/ mature trees that engage the sunset filled skies to create your own lakeside oasis. From the full pavered drive & knockout landscape, this wonderfully designed addition created the homes one-of-a-kind design, featuring demand garage space. Your are captured by lake views that shine throughout the home 5-bedroom & 6-bath. Wide-open Kitchen is filled w/ custom cabinetry & a large center island, high end appliances, a large pantry,& lakeside dining. Main floor features include office w/ barn door, library/parlor, 2-story great room w/ FP, electronic window treatments, and cozy sunroom w/ tile & fireplace that leads to outdoor kitchen, decks & sitting areas! Upper-level features 4 BRs and 4 BAs - everyone lives in style! Rare find that provides so many indoor & outdoor options on a prime lakefront homesite.

Last Agent to Sell the Property

Chris Rooney

RE/MAX Preferred Listed on: 09/30/2022

RE/MAX Preferred

Last Buyer's Agent

Viet Le

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,794

Year Built

  • Built in 2004

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Few Trees

Parking

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

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Library
  • Loft
  • Game Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 250270072

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,794

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 4276
  • Water Body Name: Lower Prior
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 5488
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1212
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Loft, Amusement Room, Bedroom 5, Library
  • SqFtTotal: 5488.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Partial
  • View: Lake, Panoramic
  • Lake Acres: 956
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 1162
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,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: 66.5x297x116Lx306
  • Lot Size Sq Ft: 23130.36
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • 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: 250270072
  • Tax Annual Amount: 21794
  • TaxWithAssessments: 21794.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Dec 15, 2022
Sold by
Prins Theodore and Prins Antonetta
Bought by
Holoyda Living Trust
Seller's Agent
Chris Rooney
RE/MAX Preferred
Buyer's Agent
Viet Le
eXp Realty
List Price
$2,495,000
Sold Price
$2,495,000
Views
14
Current Estimated Value
$2,657,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,790
Avg. Annual Appreciation
1.66%
Original Mortgage
$424,800
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 26, 2008
Sold by
Spang Keith and Spang Michelle
Bought by
Prins Theodore and Prins Antonetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,200
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2004
Sold by
Soderstrom Roger E
Bought by
Spang Kevin E and Spang Michelle
Source: Public Records

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
Holoyda Living Trust $2,495,000 First American Title
Prins Theodore $979,000 --
Spang Kevin E $495,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holoyda Living Trust $425,000
Closed Holoyda Living Trust $424,800
Previous Owner Prins Theodore $1,035,000
Previous Owner Prins Theodore $136,021
Previous Owner Prins Theodore $783,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $2,495,000 0.0% $455 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/06/2022 11/06/22 Off Market $2,495,000 -- --
09/27/2022 09/27/22 For Sale $2,495,000 -- $455 / 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 $24,934 $2,281,900 $932,600 $1,349,300
2024 $24,812 $2,182,500 $888,700 $1,293,800
2023 $22,944 $2,115,500 $888,700 $1,226,800
2022 $21,794 $2,021,300 $794,500 $1,226,800
2021 $20,498 $1,648,500 $634,500 $1,014,000
2020 $20,820 $1,522,600 $536,900 $985,700
2019 $20,348 $1,485,500 $491,400 $994,100
2018 $19,152 $0 $0 $0
2016 $14,706 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6252652

NorthstarMLS

APN: 25-027-007-2