$627,000
SOLD MAR 17, 2025

5743 Meridian Way NE Prior Lake, MN 55372

4 Beds
3 Baths
3,406 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

13 Days on Market

Highlights

  • Deck
  • Game Room
  • 3 Car Attached Garage
  • Eagle Creek Elementary School Rated A-
  • Stainless Steel Appliances
  • Living Room

About This Home

As of March 2025

Move-in and enjoy living in this newer and IMPROVED walkout rambler that radiates with clean, minimalist style. All primary living facilities are on the main floor, including the owner’s suite and laundry. The former owner replaced many of the builder-grade finishes, including flooring, lighting, appliances and more. The kitchen has an oversized Quartz island, NEW appliances, ALL NEW ACACIA engineered hardwood flooring + a walk-in pantry. It opens to the family room with a gas fireplace. 3BRs lie on the main floor including the owner’s suite with a private adjoined bath with NEW tile shower. The walkout lower level has spacious entertaining areas, a bedroom, bath + storage. All 3 FULL baths have Quartz counters and NEW tile flooring, lighting and comfort-height toilets. Additional features include NEWER lever knobs, custom Bali window coverings, NEWER LG washer/dryer, new landscaping, a NEWER TREX deck, in-ground sprinkler and a EV charger! Close to Sand Pointe, Cty Rds 18/21, Hwy 169!

Last Agent to Sell the Property

Chad Huebener

Edina Realty, Inc. Listed on: 01/23/2025

Edina Realty, Inc.

Co-Listed By

Sara Huebener

Edina Realty, Inc.

Last Buyer's Agent

Donna Nesbitt

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,230

Year Built

  • Built in 2020

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x131
  • Few Trees

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Stone Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Game Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • Association fees include professional mgmt
  • Summit Reserve Association, Phone Number (763) 225-6400
  • Summit Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 255340140

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,230

Year Built

Built in 2020

Lot Details

0

HOA Fees

$16 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 1920
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Family Room, Gas, Stone
  • Living Area: 3406
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1486
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Primary Bathroom, Foyer, Mud Room, Amusement Room, Storage

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • PatioPorchType: Composite Decking

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt
  • Phone: 763-225-6400
  • Association Fee: 16
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Summit Reserve - Association

Schools

  • Junior High Dist: Shakopee
  • SchoolDistrictNumber: 720
  • SchoolDistrictPhone: 952-496-5006

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 70x131
  • Lot Size Sq Ft: 9147.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 255340140
  • Tax Annual Amount: 7230
  • TaxWithAssessments: 7230.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Mar 17, 2025
Sold by
Hernandez Marcos and Roman Cynthia
Bought by
Ness Jeanette K
Seller's Agent
Chad Huebener
Edina Realty, Inc.
Buyer's Agent
Donna Nesbitt
Compass
List Price
$629,900
Sold Price
$627,000
Premium/Discount to List
-$2,900
-0.46%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 22, 2022
Sold by
Kaiser David and Kaiser Jean
Bought by
Hernandez Marcos and Maxwell Betty
Seller's Agent
Chad Huebener
Edina Realty, Inc.
Buyer's Agent
Jacquelyn Barthel
Realty ONE Group Choice
List Price
$609,900
Sold Price
$600,000
Premium/Discount to List
-$9,900
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$360,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 19, 2022
Sold by
Kaiser David E and Kaiser Jean F
Bought by
Hernandez Marcos and Maxwell Betty Jo
Seller's Agent
Chad Huebener
Edina Realty, Inc.
Buyer's Agent
Jacquelyn Barthel
Realty ONE Group Choice
List Price
$609,900
Sold Price
$600,000
Premium/Discount to List
-$9,900
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2020
Sold by
U S Home Corporation
Bought by
Kaiser David E and Kaiser Jean F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,592
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $627,000 Burnet Title
Deed $600,000 --
Warranty Deed $600,000 None Listed On Document
Limited Warranty Deed $496,990 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $397,592 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $629,900 +0.5% $185 / Sq Ft
03/17/2025 03/17/25 Sold $627,000 -0.5% $184 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $629,900 +5.0% $185 / Sq Ft
08/22/2022 08/22/22 Sold $600,000 0.0% $176 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $599,900 -1.6% $176 / Sq Ft
07/14/2022 07/14/22 For Sale $609,900 -- $179 / 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 $8,678 $600,800 $147,500 $453,300
2024 $7,230 $603,100 $147,500 $455,600
2023 $6,138 $554,000 $127,700 $426,300
2022 $5,918 $544,200 $127,700 $416,500
2021 $1,178 $460,700 $106,100 $354,600
2020 $738 $122,500 $97,700 $24,800
2019 $314 $97,700 $97,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6638627

NorthstarMLS

APN: 25-534-014-0