NOT LISTED FOR SALE

5547 Inverness Way Big Lake, MN 55309

Estimated Value: $381,000 - $409,000

5 Beds
3 Baths
2,732 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $375,000 $137 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,505/month

32 Days on Market

Highlights

  • 42,689 Sq Ft lot
  • No HOA
  • 2 Car Attached Garage
  • Big Lake Senior High School Rated 9+
  • The kitchen features windows
  • 1-Story Property

About This Home

As of June 2024

Welcome Home! Fully Finished Walk-out Rambler that Backs up to Nature Preserve with Deer, Turkeys and other wildlife all on a low Traffic Street. Highlights include Hard to Find 5 Bedroom home with 3 bedrooms on 1 level, 24ft deep Garage, In-Ground Sprinkler System, Fenced Front Yard, 2 Full and 1 3/4 Bathrooms including Primary Bathroom with Soaking Tub, Gas Fireplace and Vaulted Ceilings. The Home is Close to trail System for walking or an Easy Bike Ride to the Beach, Farmers Market and Music in the Park with Multiple Parks Close by. Located in the Highly Desired McDowall Oaks neighborhood with a Nice mix of 2-story, Rambler and Larger Multi Level Homes. Over 2800 Total Square Feet! See the Pics, A++

Last Agent to Sell the Property

Cain Murray

EXIT Realty Nexus Listed on: 05/13/2024

EXIT Realty Nexus

Last Buyer's Agent

Marci Segner

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 2003

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 67x317x150x63x362

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mcdowall Oaks Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 65005040140

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,268

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1432
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Water Softener Rented, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 2732
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1300
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Garage

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage, Insulated Garage
  • Garage Square Feet: 576
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Big Lake
  • SchoolDistrictNumber: 727
  • SchoolDistrictPhone: 763-262-5218

Lot Info

  • Topography: Walkout
  • PropertyAttachedYN: No
  • Lot Size: 67x317x150x63x362
  • Lot Size Sq Ft: 42688.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 65005040140
  • Tax Annual Amount: 4268
  • TaxWithAssessments: 4268.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 24, 2024
Sold by
Ridgway Sandra and Ridgway Charles
Bought by
Zahler Ryan Matthew and Zahier Erin E
Seller's Agent
Cain Murray
EXIT Realty Nexus
Buyer's Agent
Marci Segner
RE/MAX Advantage Plus
List Price
$375,000
Sold Price
$375,000
Views
77
Current Estimated Value
$394,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,830
Avg. Annual Appreciation
4.43%
Original Mortgage
$300,000
Outstanding Balance
$296,651
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$98,180

Purchase Details

Closed on
Jul 31, 2018
Sold by
Sybrant Jeremy W and Sybrant Dana Alexandria
Bought by
Ridgway Charles and Ridgway Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,910
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2013
Closed on
Nov 22, 2013
Sold by
West Jonathan Jonathan
Bought by
Sybrant Jeremy Jeremy
Seller's Agent
Ron West
RE/MAX Results
Buyer's Agent
Joann Torvik
Alfred Mitchell REALTORS
List Price
$228,800
Sold Price
$212,000
Premium/Discount to List
-$16,800
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$211,000
Interest Rate
4.22%

Purchase Details

Closed on
Dec 2, 2011
Sold by
West Jonathan P and West Christina M
Bought by
West Jonathan P and West Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Kohman Peter Charles and Kohman Jenelle
Bought by
West Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Cornerstone Building Service
Bought by
Kohman Peter C

Purchase Details

Closed on
Apr 25, 2003
Sold by
Arcon Development Inc
Bought by
Cornerstone Building Services 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
Zahler Ryan Matthew $375,000 Lendserv National Title
Ridgway Charles -- Liberty Title
Sybrant Jeremy Jeremy $212,000 --
West Jonathan P -- Executive Title Northwest Ll
West Jonathan P $225,000 --
Kohman Peter C $240,000 --
Cornerstone Building Services Inc $121,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zahler Ryan Matthew $300,000
Previous Owner Ridgway Charles $233,910
Previous Owner Sybrant Jeremy Jeremy $211,000
Previous Owner West Jonathan P $173,000
Previous Owner West Jonathan P $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $375,000 0.0% $137 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $375,000 0.0% $137 / Sq Ft
05/23/2024 05/23/24 Off Market $375,000 -- --
05/17/2024 05/17/24 For Sale $375,000 +76.9% $137 / Sq Ft
11/22/2013 11/22/13 Sold $212,000 -7.3% $75 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $228,800 -- $81 / 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
2025 $4,454 $375,500 $96,700 $278,800
2024 $4,454 $370,200 $96,700 $273,500
2023 $4,268 $356,100 $79,200 $276,900
2022 $3,948 $342,300 $67,100 $275,200
2020 $3,636 $255,800 $40,300 $215,500
2019 $3,434 $242,800 $37,200 $205,600
2018 $3,174 $227,700 $34,300 $193,400
2017 $3,004 $204,800 $31,300 $173,500
2016 $3,122 $189,100 $29,200 $159,900
2015 $2,860 $176,900 $31,800 $145,100
2014 $2,626 $170,700 $31,600 $139,100
2013 -- $148,700 $30,500 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6527391

NorthstarMLS

APN: 65-504-0140