NOT LISTED FOR SALE

54 Rapp Farm Blvd North Oaks, MN 55127

Estimated Value: $826,000 - $1,016,000

5 Beds
4.5 Baths
4,208 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $810,000 $192 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,850/month

148 Days on Market

Highlights

  • Dock Facilities
  • Beach
  • Deck
  • Turtle Lake Elementary School Rated A
  • Heated In Ground Pool
  • Bonus Room

About This Home

As of February 2024

Price reduction! This 2020 Gonyea Homes property exudes an open, airy ambiance. The main level boasts a Great Rm w/a gas fireplace & floor-to-ceiling windows. The Gourmet Kitchen is complete w/an island, breakfast bar & a generously sized walk-in pantry. Step out onto the Deck from the Dining Rm to enjoy a breath of fresh air & beautiful views. Upstairs, boasts 4 spacious Bedrooms, each with a walk-in closet & an en-suite Bath. The Master Suite is a true sanctuary w/a luxurious Bath, double sinks, a jetted tub & a separate shower. A large Bonus Rm & the Laundry rm round off this level. The lower level offers many entertainment possibilities with a Family Rm & Game Rm that lead out to a charming Patio. Plus, there is a 5th Bedrm & a 3/4 Bath on this level. The seller has made upgrades post-purchase, including deck stairs, a lower-level patio, landscaping, and the addition of 5.1 JBL ceiling speakers in the Living Rm. This property provides better value compared to new construction.

Last Agent to Sell the Property

Sonia Kohli

Edina Realty, Inc. Listed on: 08/30/2023

Edina Realty, Inc.

Co-Listed By

Sanjay Kohli

Edina Realty, Inc.

Last Buyer's Agent

Wei Zheng

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,227

Year Built

  • Built in 2020

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 133x155x125x120
  • Cul-De-Sac

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Shared Waterfront
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Listing and Financial Details

  • Assessor Parcel Number 053022220101

Community Details

Overview

  • Association fees include beach access, dock, professional mgmt, recreation facility, shared amenities
  • North Oaks HOA c/o Rowcal Association, Phone Number (651) 233-1307

Recreation

  • Beach
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,227

Year Built

Built in 2020

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Dock, Tennis Court(s), Trail(s)
  • Fee Frequency: Annually
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 3254
  • Water Body Name: Pleasant
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 4208
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 954
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Deck, Bonus Room, Laundry, Game Room, Bedroom 5
  • SqFtTotal: 4576.00
  • Shared Rooms: Community Room,Play Area

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • Fencing: None
  • PatioPorchType: Deck,Front Porch,Patio
  • Lake Acres: 607
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Insulated Garage
  • Garage Square Feet: 711

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Professional Mgmt, Recreation Facility, Shared Amenities
  • Phone: 651-233-1307
  • Association Fee: 1350
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Porch,In-Ground Sprinkler,Walk-In Closet

Association/Amenities

  • HOA Management Co: North Oaks HOA c/o RowCal

Schools

  • Junior High Dist: Mounds View
  • SchoolDistrictNumber: 621
  • SchoolDistrictPhone: 651-621-6001

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 133x155x125x120
  • Lot Size Sq Ft: 17859.6
  • 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: 2023
  • Assessor Parcel Number: 053022220101
  • Tax Annual Amount: 8227
  • TaxWithAssessments: 8464.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Feb 23, 2024
Sold by
Mundra Pravin and Maheshwari Archana
Bought by
Lin Minxing
Seller's Agent
Sonia Kohli
Edina Realty, Inc.
Buyer's Agent
Wei Zheng
Bridge Realty, LLC
List Price
$865,000
Sold Price
$810,000
Premium/Discount to List
-$55,000
-6.36%
Total Days on Market
148
Views
329
Current Estimated Value
$924,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,871
Avg. Annual Appreciation
10.74%
Original Mortgage
$300,000
Outstanding Balance
$296,466
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$628,405

Purchase Details

Closed on
Jun 26, 2020
Sold by
Gonyea Homes Inc
Bought by
Mundra Pravin and Maheshwari Archana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,916
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2019
Sold by
North Oaks Company Llc
Bought by
Gonyea Homes Inc
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 Buyer Sale Price Title Company
Lin Minxing $810,000 --
Mundra Pravin $668,915 Custom Home Builders Ttl Llc
Gonyea Homes Inc $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Minxing $300,000
Previous Owner Mundra Pravin $200,000
Previous Owner Mundra Pravin $100,000
Previous Owner Mundra Pravin $601,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $810,000 -6.4% $192 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
11/10/2023 11/10/23 Price Changed $865,000 0.0% $206 / Sq Ft
11/10/2023 11/10/23 For Sale $865,000 +6.8% $206 / Sq Ft
11/08/2023 11/08/23 Off Market $810,000 -- --
10/13/2023 10/13/23 Price Changed $892,000 -5.6% $212 / Sq Ft
10/02/2023 10/02/23 Price Changed $945,000 -4.5% $225 / Sq Ft
09/22/2023 09/22/23 Price Changed $990,000 -5.7% $235 / Sq Ft
08/30/2023 08/30/23 For Sale $1,050,000 -- $250 / 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 $9,940 $850,700 $250,000 $600,700
2022 $8,372 $739,400 $180,000 $559,400
2021 $2,232 $661,300 $180,000 $481,300
2020 $2,722 $190,400 $180,000 $10,400
2019 $2,564 $180,000 $180,000 $0
2018 $1,458 $180,000 $180,000 $0
2017 $674 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6421206

NorthstarMLS

APN: 05-30-22-22-0101