NOT LISTED FOR SALE

5515 Inverness Way Big Lake, MN 55309

Estimated Value: $370,000 - $404,000

4 Beds
2 Baths
2,425 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $159,900 $66 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,439/month

100 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Woodwork
  • Big Lake Senior High School Rated 9+
  • 3 Car Attached Garage
  • Walk-In Closet

About This Home

As of October 2014

Four level split with nice curb appeal, front porch, spacious room sizes, light and bright open floor plan. Large deck off the dining room, patio off the walkout lower level. Fresh paint and new carpet throughout!

Last Agent to Sell the Property

Bruce McAlpin

Edina Realty, Inc. Listed on: 07/01/2014

Co-Listed By

Bonnie Knutson

Edina Realty, Inc.

Last Buyer's Agent

Mel Beaudry

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 2001

Lot Details

  • 0.28

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 655040170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,038

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.28
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1244
  • Parcel Number: 655040170
  • Projected Closed Date: 10/31/2014
  • Stories: 4+ Level Split
  • Street Designation: Way
  • Taxes With Assessments: 3038
  • Comp Dev Subdiv Name: McDowall Oaks Second Addition
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Master Walk-Thru
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x14, On Level: Main
  • Room 2: Dining Room, 12x10, On Level: Main
  • Room 3: Family Room, 20x12, On Level: Lower
  • Room 4: Kitchen, 14x14, On Level: Main
  • Room 5: Bedroom, 15x14, On Level: Upper
  • Room 6: Bedroom, 11x11, On Level: Upper
  • Room 7: 11x11, On Level: Upper
  • Room 8: Bedroom, 12x10, On Level: Lower
  • Room 9: Den/Office, 14x12, On Level: Lower
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1285
  • Below Grade Finished Sq Ft: 1140
  • Total Fin Square Footage: 2425

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Big Lake #727

Lot Info

  • Estimated Lot Dimensions: .28 acres

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2014
  • Tax Value: 3038

MLS Schools

  • School District: Big Lake #727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2019
Sold by
Wilson Julene May and Wilson Charles L
Bought by
Blowers Kathy and Blowers Jeffrey
Current Estimated Value
$382,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,765
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2014
Closed on
Oct 28, 2014
Sold by
Fannie Mae
Bought by
Wilson Charles L and Wilson Julene May
Seller's Agent
Bruce McAlpin
Edina Realty, Inc.
Buyer's Agent
Mel Beaudry
RE/MAX Results
List Price
$194,900
Sold Price
$159,900
Premium/Discount to List
-$35,000
-17.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$165,176
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Jan 6, 2014
Sold by
Select Portfolio Servicing Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 30, 2013
Sold by
Roen Susan M
Bought by
Select Portfolio Servicing Inc

Purchase Details

Closed on
Jun 29, 2001
Sold by
Heartwood Imperial Homes
Bought by
Roen Susan M

Purchase Details

Closed on
Sep 12, 2000
Sold by
Arcon Development Inc
Bought by
Heartwood Imperial Homes Inc
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
Blowers Kathy $256,900 None Available
Wilson Charles L -- Title One Inc
Federal National Mortgage Association -- None Available
Select Portfolio Servicing Inc $182,208 None Available
Roen Susan M $190,583 --
Heartwood Imperial Homes Inc $35,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blowers Kathy $219,850
Closed Blowers Kathy $221,765
Previous Owner Wilson Charles L $206,600
Previous Owner Wilson Charles L $165,176
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $159,900 -18.0% $66 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $194,900 -- $80 / 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
2025 $4,426 $356,800 $80,000 $276,800
2024 $4,426 $352,400 $80,000 $272,400
2023 $4,208 $352,200 $80,700 $271,500
2022 $3,926 $337,900 $68,400 $269,500
2020 $3,710 $262,400 $40,900 $221,500
2019 $3,550 $247,200 $37,700 $209,500
2018 $3,352 $234,400 $34,700 $199,700
2017 $3,172 $214,600 $31,600 $183,000
2016 $3,164 $198,000 $29,500 $168,500
2015 $2,906 $179,300 $27,600 $151,700
2014 $3,038 $173,500 $27,500 $146,000
2013 -- $173,600 $30,400 $143,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4642913

REALTOR® Association of Southern Minnesota

APN: 65-504-0170