NOT LISTED FOR SALE

5400 Polaris Ln N Minneapolis, MN 55446

Estimated Value: $756,832 - $938,000

4 Beds
3.5 Baths
3,546 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 02, 2012

Last sale price $482,000 $136 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,200/month

203 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Fireplace
  • Basswood Elementary School Rated A-
  • Whirlpool Bathtub
  • 3 Car Attached Garage

About This Home

As of August 2012

MOVE RIGHT IN! AWARD WINNING BLDER, TRISTAR HOMES. FLOOR PLAN UNLIKE ANY OTHERS YOU'VE SEEN! 21X16 MASTER SUITE, UPPER LEVEL LAUNDRY, STONE FP, GORGEOUS CHERRY CABINETRY, LARGE 5X7 GRANITE CENTER ISLAND PLUS MORE! FULLY LANDSC'D INCL'G SPRINKLER SYSTEM.

Last Agent to Sell the Property

Marcia Richards

RE/MAX Results Listed on: 01/11/2012

Last Buyer's Agent

Erin Lindholm

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,415

Year Built

  • Built in 2012 | Newly Remodeled

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Metal Siding
  • Cement Board or Planked

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 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
  • Drain

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Air Exchanger
  • Sprinkler System
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0411822340030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,415

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System
  • Construction: Completed New Construction
  • Foundation Size: 1676
  • Mechanicals: Air to Air Exchange
  • New Development: Yes
  • Parcel Number: 0411822340030
  • Projected Closed Date: 08/02/2012
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Lane
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 15x15, On Level: Main
  • Room 2: Dining Room, 16x13, On Level: Main
  • Room 3: Family Room, 26x20, On Level: Lower
  • Room 4: Kitchen, 18x13, On Level: Main
  • Room 5: Bedroom, 21x16, On Level: Third Floor
  • Room 6: Bedroom, 13x13, On Level: Upper
  • Room 7: 13x13, On Level: Upper
  • Room 8: Bedroom, 14x14, On Level: Upper
  • Room 9: Laundry Room, 8x8, On Level: Upper
  • Room 10: Foyer, 12x7, On Level: Main
  • Room 11: Mud Room, 8x8, On Level: Main
  • Room 12: Other, 12x10, On Level: Third Floor
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1870
  • Below Grade Finished Sq Ft: 1676
  • Total Fin Square Footage: 3546

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Cement Board, Metal
  • 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 Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 150

Schools

  • School District: Osseo #279

Building Info

  • Year Built: 2012

Multi Family

  • Total Units Available: 15

Tax Info

  • Year: 2012

MLS Schools

  • School District: Osseo #279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2012
Closed on
Aug 2, 2012
Sold by
Tristar Homes Llc
Bought by
Clark Jayson M and Clark Sara B
Seller's Agent
Marcia Richards
RE/MAX Results
Buyer's Agent
Erin Lindholm
RE/MAX Results
List Price
$506,900
Sold Price
$482,000
Premium/Discount to List
-$24,900
-4.91%
Current Estimated Value
$846,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,124
Avg. Annual Appreciation
4.10%
Original Mortgage
$417,000
Outstanding Balance
$288,606
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$529,602

Purchase Details

Closed on
Dec 1, 2011
Sold by
Hampton Hills Investment Llc
Bought by
Tristar Homes Llc
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
Clark Jayson M $482,000 None Available
Tristar Homes Llc $117,200 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Jayson M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2012 08/02/12 Sold $482,000 -4.9% $136 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $506,900 -- $143 / 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 $8,415 $673,400 $162,000 $511,400
2023 $8,365 $690,800 $178,000 $512,800
2022 $6,835 $665,000 $185,000 $480,000
2021 $6,600 $566,000 $148,000 $418,000
2020 $6,648 $546,000 $148,000 $398,000
2019 $6,859 $532,000 $150,000 $382,000
2018 $6,532 $525,000 $155,000 $370,000
2017 $6,674 $493,000 $147,000 $346,000
2016 $6,604 $480,000 $161,000 $319,000
2015 $6,825 $480,300 $161,000 $319,300
2014 -- $480,900 $184,000 $296,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marcia Richards

    RE/MAX

  • E

    Buyer's Agent in 2012

    Erin Lindholm

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4098126

REALTOR® Association of Southern Minnesota

APN: 04-118-22-34-0030

Minnesota Hennepin County Minneapolis 55446

5400 Polaris Ln N, Minneapolis, MN

This home is located at 5400 Polaris Ln N, Minneapolis, MN 55446 since 11 January 2012 and is currently estimated at $818,208, approximately $230 per square foot. This property was built in 2012. 5400 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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