NOT LISTED FOR SALE

5440 Polaris Ln N Minneapolis, MN 55446

Estimated Value: $861,092 - $943,000

5 Beds
5 Baths
4,361 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $639,000 $147 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,910/month

36 Days on Market

Highlights

  • Water Softener is Owned
  • Basswood Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of June 2019

Reggie Award winning "Arlington" plan by Tradition Home Builders. This home is a custom home, has high end finishes and perfect yard for entertaining. Located on a beautiful corner lot, the owners went all out on making it a indoor outdoor friendly home. The custom architecture and fantastic color palette make this home look and feel like new construction! The location is amazing, lots of parks + trails, and close to both downtown Maple Grove and Plymouth.

Last Listed By

Brent Peterson

RE/MAX Results Listed on: 04/05/2019

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,221

Year Built

  • Built in 2012

Lot Details

  • 0.28

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof

Kitchen

  • Cooktop
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating System
  • Water Softener is Owned

Additional Features

  • 2-Story Property
  • Air Exchanger

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,221

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property ID: 0411822340026
  • Prop Type: SF
  • Style: (SF) Single Family
  • Sq Ft Above Ground: 3011
  • Sq Ft Below Ground: 1350
  • Projected Close Date: 06/19/2019
  • Total Finished Square Fo: 4361
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Kitchen: On Level: Main, 22x19
  • Dining Room: On Level: Main, 15x15
  • Living Rm: On Level: Lower, 25x15
  • Family Rm: On Level: Main, 16x15
  • Bedroom 1: On Level: Main, 16x16
  • Bedroom 2: On Level: Upper, 14x12
  • Bedroom 3: On Level: Upper, 14x12
  • Bedroom 4: On Level: Upper, 15x12
  • Room 1: Study, On Level: Main, 14x13
  • Room 2: Laundry, On Level: Main, 8x8
  • Room 3: Mud Room, On Level: Main, 8x8
  • Room 4: Informal Dining Room, On Level: Main, 16x12
  • Room 5: Loft, On Level: Upper, 26x13
  • Room 6: Fifth (5th) Bedroom, On Level: Lower, 15x12
  • Basement: Full, Finished (Livable), Drain Tiled, Sump Pump, Egress Windows, Poured Concrete
  • Appliances: Range, Cooktop, Dishwasher, Refrigerator, Washer, Dryer, Water Softener - Owned, Air-To-Air Exchanger, Furnace Humidifier
  • Total Fireplaces: 2
  • Fireplace: Living Room
  • Association Fee: Yes
  • Bedrooms: 5
  • Bathroom Description: Main Floor Full Bath, Main Floor 1/2 Bath, Upper Level Full Bath, Private Master, Full Master, Jack and Jill, Full Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Family Room Characterist: Main Level, Great Room, Loft
  • Stories: 2 Stories

Exterior Features

  • Exterior: Fiber Board
  • Roof: Asphalt Shingles
  • Frontage Road: City, Curbs, Sidewalks
  • Fence: Rail
  • Foundation Size: 1904

Garage/Parking

  • Description: Attached Garage, Garage Door Opener
  • Spaces: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 186.00
  • HOA Fee Frequency: Yearly
  • Amenities: Deck, Patio, Porch, Kitchen Window, Vaulted Ceiling(s), Ceiling Fan(s), Walk-In Closet, Exercise Room, In-Ground Sprinkler
  • Management: HAMPTON HILLS SINGLE FAMILY ASSOCIATION
  • Management Number: 7637461188

Schools

  • School Dist.: 279 - Osseo
  • District Ph: 763-391-7000

Lot Info

  • Lot Description: Corner Lot
  • Zoning: Residential-Single
  • Lot Size Dim: 136x120x128x89
  • Acres: 0.280
  • Map Page And Coordinates: 90D2
  • Map Page: 90

Tax Info

  • Tax w/Asses: 8221.34
  • Tax Amount: 8221
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 19, 2019
Sold by
Burris Joshua C and Burris Stephanie A
Bought by
Jensen Aaron and Jensen Laura
Seller's Agent
Brent Peterson
RE/MAX Results
List Price
$674,900
Sold Price
$639,000
Premium/Discount to List
-$35,900
-5.32%
Total Days on Market
36
Current Estimated Value
$915,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,773
Avg. Annual Appreciation
6.49%
Original Mortgage
$575,100
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2012
Closed on
May 18, 2012
Sold by
Homes By Tradition Llc
Bought by
Burris Joshua C and Burris Stephanie A
Seller's Agent
Thomas Griffith
Robert Thomas Homes, Inc.
List Price
$549,900
Sold Price
$590,000
Premium/Discount to List
$40,100
7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$114,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

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
Jensen Aaron $639,000 Multiple
Burris Joshua C $590,000 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Laura $149,490
Open Jensen Aaron $580,000
Closed Jensen Laura $575,100
Previous Owner Burris Joshua C $212,000
Previous Owner Burris Joshua C $114,000
Previous Owner Burris Joshua C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $639,000 -3.2% $147 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
04/28/2019 04/28/19 Price Changed $659,900 -2.2% $151 / Sq Ft
04/05/2019 04/05/19 For Sale $674,900 +14.4% $155 / Sq Ft
05/18/2012 05/18/12 Sold $590,000 +7.3% $196 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $549,900 -- $183 / 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 $9,979 $808,300 $178,000 $630,300
2022 $7,801 $773,000 $185,000 $588,000
2021 $7,793 $634,000 $148,000 $486,000
2020 $7,801 $622,000 $148,000 $474,000
2019 $8,221 $610,000 $150,000 $460,000
2018 $8,176 $613,000 $155,000 $458,000
2017 $8,229 $590,000 $146,000 $444,000
2016 $8,282 $585,000 $158,000 $427,000
2015 $8,548 $584,900 $157,500 $427,400
2014 -- $588,400 $180,000 $408,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5210308

NorthstarMLS

APN: 04-118-22-34-0026