NOT LISTED FOR SALE

5395 Polaris Ln N Minneapolis, MN 55446

Estimated Value: $919,000 - $1,096,000

5 Beds
4.5 Baths
4,405 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $644,900 $146 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,326/month

28 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Formal Dining Room
  • Basswood Elementary School Rated A-
  • Breakfast Area or Nook
  • 3 Car Attached Garage

About This Home

As of April 2013

New Homes by Tradition parade model in Hampton Hills. 5BR 5BA 4505+ sq ft 2 story. Open design w/formal DR,study, chef's KT opens to great room w/wall of windows. Featuring the finest finishes, hardwoods, painted trim & cabinetry!

Last Agent to Sell the Property

Andrea Sullivan

Edina Realty, Inc. Listed on: 02/01/2013

Last Buyer's Agent

Jon Arne

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,575

Year Built

  • 2012

Lot Details

  • 0.34 Acre Lot
  • Irregular Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0411822340022

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,575

Year Built

2012

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.34
  • Assessment Balance: 397.09
  • Assessments: Yes
  • Construction: Completed New Construction
  • Foundation Size: 1510
  • Mechanicals: Furnace Humidifier
  • Parcel Number: 0411822340022
  • Projected Closed Date: 05/15/2013
  • Stories: 2 Story
  • Taxes With Assessments: 1358.3
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 18x16, On Level: Main
  • Room 4: Kitchen, 18x13, On Level: Main
  • Room 5: Bedroom, 18x13, On Level: Upper
  • Room 6: Bedroom, 13x10, On Level: Upper
  • Room 7: 15x11, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Bedroom, 14x10, On Level: Lower
  • Room 10: Loft, 20x12, On Level: Upper
  • Room 11: Laundry Room, On Level: Upper
  • Room 12: Den/Office, 12x11, On Level: Main
  • Room 13: Rec Room, On Level: Lower
  • Room 14: Den/Office, 5x6, On Level: Main
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3413
  • Below Grade Finished Sq Ft: 992
  • Total Fin Square Footage: 4405

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick, Fiber Board, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 100

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: 80x192x81x
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Apr 19, 2013
Sold by
Homes By Tradition Llc
Bought by
Pitt Michael B and Pitt Susan
Seller's Agent
Andrea Sullivan
Edina Realty, Inc.
Buyer's Agent
Jon Arne
Coldwell Banker Burnet
List Price
$659,900
Sold Price
$644,900
Premium/Discount to List
-$15,000
-2.27%
Current Estimated Value
$1,011,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,154
Avg. Annual Appreciation
3.58%
Original Mortgage
$612,655
Outstanding Balance
$433,038
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$565,898

Purchase Details

Closed on
May 2, 2012
Sold by
Hampton Hills Investment Llc
Bought by
Homes By Tradition Llc
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
Pitt Michael B $625,932 Burnet Title
Homes By Tradition Llc $166,100 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitt Michael B $612,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $644,900 -2.3% $146 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $659,900 -- $150 / 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
2024 $11,575 $895,100 $178,200 $716,900
2023 $11,342 $907,600 $195,800 $711,800
2022 $9,009 $866,000 $204,000 $662,000
2021 $8,813 $719,000 $163,000 $556,000
2020 $9,059 $701,000 $163,000 $538,000
2019 $9,027 $695,000 $165,000 $530,000
2018 $8,849 $665,000 $171,000 $494,000
2017 $9,251 $653,000 $162,000 $491,000
2016 $9,023 $630,000 $153,000 $477,000
2015 $9,317 $630,100 $153,100 $477,000
2014 -- $640,200 $175,000 $465,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Andrea Sullivan

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2013

    Jon Arne

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4436043

REALTOR® Association of Southern Minnesota

APN: 04-118-22-34-0022

Minnesota Hennepin County Minneapolis 55446

5395 Polaris Ln N, Minneapolis, MN

This home is located at 5395 Polaris Ln N, Minneapolis, MN 55446 since 01 February 2013 and is currently estimated at $998,936, approximately $226 per square foot. This property was built in 2012. 5395 Polaris Ln N is a home located in Hennepin County with nearby schools including Basswood Elementary School, Maple Grove Middle School, and Maple Grove Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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