612 Highway 55 Medina, MN 55340
4
Beds
2
Baths
1,544
Sq Ft
0.5
Acres
Highlights
- Deck
- No HOA
- Forced Air Heating System
- Greenwood Elementary School Rated A+
- Living Room
- Family Room
About This Home
As of December 2024Welcome to this beautifully updated 4-bedroom, 2-bath home, ideally located in Medina. With a modern kitchen, new flooring, and updated bathrooms, this home offers a fresh and inviting atmosphere. The large private yard provides ample space for outdoor activities, and the oversized two-car garage adds extra convenience. Located in the highly sought-after Wayzata School District, this home is just minutes away from Baker Park Reserve, offering miles of trails, scenic lakes, and outdoor activities. Enjoy easy access to local parks, nearby lakes, and Medina’s vibrant community while still being within a short drive to shopping and dining in Plymouth and Maple Grove.Don’t miss out on the opportunity to live in this incredible location with top-rated schools, natural beauty, and modern comforts.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,151
Year Built
- Built in 1960
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 100x220x100x215
Parking
- 2 Car Garage
Interior Spaces
- 1,544 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Unfinished Basement
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Cable TV Available
Community Details
- No Home Owners Association
- Auditors Sub 241 Subdivision
Listing and Financial Details
- Assessor Parcel Number 1211823230003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Dec 12, 2024
Sold by
Twin Cities Rental Property Experts Llc
Bought by
Marvek Properties Llc
Seller's Agent
Nematullah JanetKhan
RE/MAX Advantage Plus
Buyer's Agent
Prasad Edpuganti
Imagine Realty
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Views
85
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
$5,238
Avg. Annual Appreciation
2.61%
Original Mortgage
$531,565
Outstanding Balance
$358,320
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$33,082
Purchase Details
Listed on
Oct 2, 2024
Closed on
Nov 26, 2024
Sold by
55 Realty Llc
Bought by
Twin Cities Rental Property Experts Llc
Seller's Agent
Nematullah JanetKhan
RE/MAX Advantage Plus
Buyer's Agent
Prasad Edpuganti
Imagine Realty
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Views
85
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,565
Outstanding Balance
$358,320
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$33,082
Purchase Details
Closed on
Aug 23, 2023
Sold by
T/C Rental Property Experts Llc
Bought by
55 Realty Llc
Purchase Details
Closed on
Nov 21, 2019
Sold by
Arens Kelsey and Estate Of Wesley Richard Desla
Bought by
Twin Cities Rental Property Experts Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.5%
Mortgage Type
Commercial
Similar Home in the area
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $320,000 | -- | |
| Quit Claim Deed | $500 | Guaranty Commercial Title | |
| Quit Claim Deed | $500 | Guaranty Commercial Title | |
| Quit Claim Deed | $500 | None Listed On Document | |
| Deed | $130,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $531,565 | Credit Line Revolving | |
| Closed | $531,565 | Construction | |
| Previous Owner | $170,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $320,000 | 0.0% | $207 / Sq Ft |
| 11/24/2024 11/24/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | Off Market | $320,000 | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $339,900 | -- | $220 / 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 | $2,151 | $211,800 | $71,000 | $140,800 |
| 2022 | $1,509 | $210,000 | $71,000 | $139,000 |
| 2021 | $1,513 | $130,000 | $57,000 | $73,000 |
| 2020 | $1,728 | $130,000 | $57,000 | $73,000 |
| 2019 | $3,494 | $162,000 | $57,000 | $105,000 |
| 2018 | $3,938 | $163,000 | $57,000 | $106,000 |
| 2017 | $3,464 | $141,000 | $55,000 | $86,000 |
| 2016 | $2,896 | $135,000 | $55,000 | $80,000 |
| 2015 | $2,637 | $130,000 | $50,000 | $80,000 |
| 2014 | -- | $118,000 | $50,000 | $68,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Nematullah JanetKhan
RE/MAX Advantage Plus
(952) 470-7600
1 in this area
79 Total Sales
-
Buyer's Agent in 2024
Prasad Edpuganti
Imagine Realty
(612) 868-3135
3 in this area
110 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6611322
APN: 12-118-23-23-0003
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