5505 Polaris Ln N Minneapolis, MN 55446
Estimated Value: $1,020,397 - $1,173,000
5
Beds
5.5
Baths
5,692
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Home Office
- Cul-De-Sac
- Basswood Elementary School Rated A-
- Home Gym
- 3 Car Attached Garage
About This Home
As of June 2021Impeccable style throughout this spacious property. Enjoy large gathering & media spaces, along with separate private areas like a home office, gym, sunroom & bonus loft space. Main level w/ maple hardwood flooring, 9 ft ceilings, functional mudroom w/ hockey lockers, drop zone & large coat closet. Home office w/ custom built in’s & natural light. White kitchen w/ 11 ft painted island w/ farmhouse sink, large pantry, stainless hood & panel fridge front & large dining space. Cedar beams, gas fireplace & farmhouse barn doors to sun room. Bonus loft space on third level w 800+ sq ft which includes surround sound speakers, ¾ bath & additional private room. 2019 finished walk out lower level includes wet bar w 8 ft countertop, smart home enabled light & media switches, family/media room w/ white shiplap wall, sconces, modern fireplace, home gym, 5th bedroom complete w private washer/dryer, ¾ bathroom. Deep lot w/ gas fire-pit & patio paver & wetland buffer. Zone heating.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,349
Year Built
- Built in 2011
Lot Details
- 0.45 Acre Lot
- Cul-De-Sac
HOA Fees
- $16 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Wet Bar
- Central Vacuum
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Home Office
- Home Gym
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Sump Pump
- Drain
- Basement Storage
- Natural lighting in basement
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- Association fees include professional mgmt
- Omega Management Association, Phone Number (763) 449-9100
- Hampton Hills 2Nd Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 0411822340011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
Jun 18, 2021
Sold by
Baldwin Scott and Baldwin Carey Ann
Bought by
Bock Cassidy Heaton and Bock Jeremiah Joseph
Seller's Agent
Amy Jurek
RE/MAX Advantage Plus
Buyer's Agent
Sheila Cronin Bornfleth
Edina Realty, Inc.
List Price
$935,000
Sold Price
$905,000
Premium/Discount to List
-$30,000
-3.21%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,349
Avg. Annual Appreciation
4.45%
Original Mortgage
$724,000
Outstanding Balance
$666,804
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$405,685
Purchase Details
Closed on
May 20, 2011
Sold by
Homes By Tradition Llc
Bought by
Baldwin Scott and Baldwin Carey Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,184
Interest Rate
4.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2011
Sold by
Hampton Hills Investment Llc
Bought by
Homes By Tradition Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bock Cassidy Heaton | $905,000 | Trademark Title Services Inc | |
| Baldwin Scott | $134,900 | -- | |
| Homes By Tradition Llc | $134,900 | -- | |
| Bock Jeremiah Jeremiah | $905,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bock Cassidy Heaton | $724,000 | |
| Previous Owner | Baldwin Scott | $373,000 | |
| Previous Owner | Baldwin Scott | $413,000 | |
| Previous Owner | Baldwin Scott | $417,000 | |
| Previous Owner | Baldwin Scott | $91,118 | |
| Previous Owner | Baldwin Scott | $489,184 | |
| Closed | Bock Jeremiah Jeremiah | $724,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $905,000 | 0.0% | $159 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | Off Market | $905,000 | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $935,000 | -- | $164 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $12,579 | $997,700 | $178,000 | $819,700 |
| 2022 | $9,222 | $926,000 | $185,000 | $741,000 |
| 2021 | $9,184 | $734,000 | $148,000 | $586,000 |
| 2020 | $8,349 | $727,000 | $148,000 | $579,000 |
| 2019 | $8,655 | $647,000 | $150,000 | $497,000 |
| 2018 | $8,223 | $641,000 | $155,000 | $486,000 |
| 2017 | $8,521 | $608,000 | $146,000 | $462,000 |
| 2016 | $8,183 | $579,000 | $153,000 | $426,000 |
| 2015 | $8,459 | $579,600 | $153,100 | $426,500 |
| 2014 | -- | $575,700 | $175,000 | $400,700 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Jurek
Seller's Agent in 2021
Amy Jurek
RE/MAX Advantage Plus
(612) 382-7042
7 in this area
131 Total Sales
-
Sheila Cronin Bornfleth
Buyer's Agent in 2021
Sheila Cronin Bornfleth
Edina Realty, Inc.
(952) 913-2129
5 in this area
95 Total Sales
Map
Source: NorthstarMLS
MLS Number: 5709607
APN: 04-118-22-34-0011
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