NOT LISTED FOR SALE

7400 Merrimac Ln N Osseo, MN 55311

Estimated Value: $662,481 - $773,000

4 Beds
2.5 Baths
2,989 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $421,000 $141 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,561/month

25 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Basswood Elementary School Rated A-
  • Whirlpool Bathtub
  • Fenced Yard

About This Home

As of June 2012

Wow! this home is gorgeous! Sellers have customized this home and added amazing detail and upgrades. Wide trim, custom cabinetry, landscaping, flooring, privacy fence, butlers pantry. High quality updates! Unfinished LL, High ceilings!

Last Agent to Sell the Property

Rebecca Brown

Re/Max Results Listed on: 04/27/2012

Last Buyer's Agent

Bill Lippka

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,777

Year Built

  • 2009

Lot Details

  • 0.37 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,989 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,777

Year Built

2009

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Fenced Yard - Full, Inground Sprinkler System
  • Estimated Number of Acres: 0.37
  • Construction: Previously Owned
  • Foundation Size: 1494
  • Projected Closed Date: 06/15/2012
  • Stories: 2 Story
  • Taxes With Assessments: 5514.66
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor 1/2 Bath, Private Master, Rough In, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 3: Family Room, 22x19, On Level: Main
  • Room 4: Kitchen, 15x11, On Level: Main
  • Room 5: Bedroom, 19x13, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 11x11, On Level: Upper
  • Room 8: Bedroom, 12x11, On Level: Upper
  • Room 9: Den/Office, 14x11, On Level: Main
  • Room 10: Dining Room, 13x9, On Level: Main
  • Room 11: Deck, On Level: Main
  • Room 12: Mud Room, On Level: Main
  • Basement Features: Egress Windows, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2989
  • Total Fin Square Footage: 2989

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 275

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: W111X153X1
  • Lot/Land Description: Corner Lot, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jun 15, 2012
Sold by
Mcglone Timothy and Mcglone Jennifer Lynn
Bought by
Richardson Jeffrey and Richardson Lauren
Seller's Agent
Rebecca Brown
Re/Max Results
Buyer's Agent
Bill Lippka
Edina Realty, Inc.
List Price
$444,400
Sold Price
$421,000
Premium/Discount to List
-$23,400
-5.27%
Current Estimated Value
$736,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,620
Avg. Annual Appreciation
4.30%
Original Mortgage
$399,950
Outstanding Balance
$277,179
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$459,441

Purchase Details

Closed on
Feb 24, 2010
Sold by
K Hovnanian Homes Of Minnesota Llc
Bought by
Mcglone Timothy and Mcglone Jennifer
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
Richardson Jeffrey $421,000 Edina Realty Title Inc
Mcglone Timothy $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Jeffrey $399,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $421,000 -5.3% $141 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $444,400 -- $149 / 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
2024 $7,777 $616,200 $140,100 $476,100
2023 $7,364 $606,900 $140,100 $466,800
2022 $6,056 $596,200 $94,000 $502,200
2021 $6,150 $499,000 $105,400 $393,600
2020 $6,074 $498,300 $118,400 $379,900
2019 $6,255 $467,300 $105,800 $361,500
2018 $5,819 $454,200 $115,500 $338,700
2017 $5,872 $401,800 $100,000 $301,800
2016 $5,801 $392,100 $100,000 $292,100
2015 $5,857 $385,500 $100,000 $285,500
2014 -- $355,600 $100,000 $255,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4124250

REALTOR® Association of Southern Minnesota

APN: 30-119-22-14-0053