NOT LISTED FOR SALE

5535 5535 Lake Sarah Heights Dr Independence, MN 55357

Estimated Value: $886,000 - $1,009,151

3 Beds
3 Baths
2,855 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $460,000 $161 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,804/month

330 Days on Market

Highlights

  • 167 Feet of Waterfront
  • Docks
  • Sauna
  • Delano Elementary School Rated A
  • Spa
  • Deck

About This Home

As of September 2013

Lake front home: beach, boating & all recreation activities abound. 3-decks w/walkout & gardens. Lower 2nd Ktch, Pvt .69 acre flat lot w/167' shoreline & 180 degree view. Comfortable living beckoning your family to the great outdoors. SIMPLY PARADISE!

Last Agent to Sell the Property

David Saint Germain

MetroHomesMarket.com Listed on: 10/01/2012

Last Buyer's Agent

Kristina Nutter

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,505

Year Built

  • Built in 1971

Lot Details

  • 0.69 Acre Lot
  • 167 Feet of Waterfront
  • Lake Front
  • Few Trees

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0111824230005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,505

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Hot Tub, Natural Woodwork, Sauna, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Hot Tub, Patio, Sauna
  • Estimated Number of Acres: 0.69
  • Construction: Previously Owned
  • Foundation Size: 1908
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 0111824230005
  • Projected Closed Date: 09/27/2013
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 6505
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 16x19, On Level: Main
  • Room 2: Dining Room, 10x14, On Level: Main
  • Room 3: Family Room, 22x15, On Level: Main
  • Room 4: Kitchen, 16x17, On Level: Main
  • Room 5: Bedroom, 16x13, On Level: Main
  • Room 6: Bedroom, 10x13, On Level: Main
  • Room 7: 12x14, On Level: Lower
  • Room 9: Media Room, 19x16, On Level: Lower
  • Room 10: 4x6, On Level: Main
  • Room 11: Foyer, 30x30, On Level: Main
  • Room 12: Other, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1908
  • Below Grade Finished Sq Ft: 947
  • Total Fin Square Footage: 2855

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • LakeAcres: 561
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Waterfront: Yes
  • Water Frontage: 167
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Delano #879

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2012
  • Tax Value: 6505

MLS Schools

  • School District: Delano #879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
May John and May Tiffany
Bought by
Harrington Steven C and Harrington Julie W
Current Estimated Value
$914,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$497,679
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$438,109

Purchase Details

Closed on
May 13, 2019
Sold by
Hanssen Peter L and Hanssen Heather J
Bought by
May John and May Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2017
Sold by
Luksik Kevin and Luksik Lori
Bought by
Hanssen Peter L and Hanssen Heather J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 1, 2012
Closed on
Sep 24, 2013
Sold by
Hani Greory A and Hankey Allain M
Bought by
Luksik Kevin and Luksik Lori
Seller's Agent
David Saint Germain
MetroHomesMarket.com
Buyer's Agent
Kristina Nutter
Keller Williams Classic Rlty NW
List Price
$549,000
Sold Price
$460,000
Premium/Discount to List
-$89,000
-16.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$414,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Harrington Steven C $790,000 Watermark Title Agency
May John $700,000 Edina Realty Title
Hanssen Peter L $640,000 Minnetonka Title Inc
Luksik Kevin $460,000 Title Support Services
Harrington Steven Steven $790,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrington Steven C $548,000
Previous Owner May John $510,400
Previous Owner May Tiffany $84,350
Previous Owner May John $585,000
Previous Owner Hanssen Peter L $512,000
Previous Owner Luksik Kevin $470,000
Previous Owner Luksik Kevin $100,000
Previous Owner Luksik Kevin $407,000
Previous Owner Luksik Kevin $414,000
Closed Harrington Steven Steven $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $460,000 -16.2% $161 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $549,000 -- $192 / 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
2023 $9,881 $804,300 $393,800 $410,500
2022 $10,719 $812,000 $394,000 $418,000
2021 $10,423 $734,000 $371,000 $363,000
2020 $9,427 $707,000 $349,000 $358,000
2019 $8,572 $628,000 $301,000 $327,000
2018 $8,310 $559,000 $274,000 $285,000
2017 $7,775 $494,000 $256,000 $238,000
2016 $7,037 $431,000 $246,000 $185,000
2015 $5,735 $433,000 $246,000 $187,000
2014 -- $388,000 $236,000 $152,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Saint Germain

    MetroHomesMarket.com

  • K

    Buyer's Agent in 2013

    Kristina Nutter

    Keller Williams Classic Rlty NW

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4405294

REALTOR® Association of Southern Minnesota

APN: 01-118-24-23-0005

Minnesota Hennepin County Independence 55357

5535 5535 Lake Sarah Heights Dr, Independence, MN

This home is located at 5535 5535 Lake Sarah Heights Dr, Independence, MN 55357 since 01 October 2012 and is currently estimated at $935,788, approximately $327 per square foot. This property was built in 1971. 5535 5535 Lake Sarah Heights Dr is a home located in Hennepin County with nearby schools including Delano Elementary School, Delano Middle School, and Delano 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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