NOT LISTED FOR SALE

7926 207th St E Prior Lake, MN 55372

Estimated Value: $1,594,119 - $1,714,000

5 Beds
4.5 Baths
4,270 Sq Ft
$392/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $1,650,000 $386 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,581/month

544 Days on Market

Highlights

  • New Construction
  • Game Room
  • Porch
  • Hidden Oaks Middle School Rated A-
  • Home Office
  • 4 Car Attached Garage

About This Home

As of November 2023

Welcome to the newest luxury home neighborhood in the south metro. TheRanch of Credit River offers gorgeous 2.5 acre lots (and larger). Build your new custom home in this serene neighborhood surrounded by rolling hills, wetlands, woods and outstanding Lakeville schools. This gorgeous modern ranch home by Highmark Builders features a main living area with guest suite or home office, laundry, and owner’s suite in its own private wing — complete with dual-vanity bathroom, soaking tub and walk-in closet with laundry. Entertain in the chef’s kitchen with high-end gas range, double oven, and refrigerator, or find peace on the three-season porch. To continue the party, go downstairs to the rec room, where a full wet bar, fireplace, and walkout are waiting. A four-car garage, mud room and ample storage are a beautiful bonus in this luxurious home. Be among the first to step foot in this brand new neighborhood!

Last Agent to Sell the Property

Carrie Ledermann

Edina Realty, Inc. Listed on: 04/13/2022

Edina Realty, Inc.

Last Buyer's Agent

Carrie Ledermann

Edina Realty, Inc. Listed on: 04/13/2022

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,152

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2.51 Acre Lot
  • Lot Dimensions are 430x446x126x304

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Drainage System
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • Built by HIGHMARK BUILDERS INC
  • The Ranch Of Credit River Community
  • The Ranch Of Credit River Subdivision

Listing and Financial Details

  • Property Available on 10/17/22

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,152

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Fee Frequency: Annually
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 2409
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, Finished, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 4270
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1861
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Three Season Porch, Game Room, Bar/Wet Bar Room, Bedroom 5

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • CompletionDate: 2022-09-09

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 1187

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association Fee: 600
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar
  • Community Name: The Ranch of Credit River

Association/Amenities

  • HOA Management Co: NA
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictNumber: 194
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 430x446x126x304
  • Lot Size Sq Ft: 109335.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 393854
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood, Shake Siding

Rental Info

  • Available Date: 2022-10-17

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: TBD
  • TaxWithAssessments: 0.0000

Multi Family

  • Total Units Sold: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Forslund Jeffrey Scott and Forslund Kari Anne
Bought by
Jeffrey And Kari Revocable Living Trust
Total Days on Market
544
Current Estimated Value
$1,672,373

Purchase Details

Listed on
Apr 13, 2022
Closed on
Nov 6, 2023
Sold by
Highmark Builders Inc
Bought by
Forslund Jeffrey and Forslund Kari
Seller's Agent
Carrie Ledermann
Edina Realty, Inc.
Buyer's Agent
Carrie Ledermann
Edina Realty, Inc.
List Price
$1,790,000
Sold Price
$1,650,000
Premium/Discount to List
-$140,000
-7.82%
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$950,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2022
Sold by
W A Feldman Development Co
Bought by
Highmark Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,000
Interest Rate
3.11%
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 Buyer Sale Price Title Company
Jeffrey And Kari Revocable Living Trust $909,090 None Listed On Document
Forslund Jeffrey $1,650,000 --
Highmark Builders Inc -- Custom Home Builders Title
Highmark Builders Inc $797,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forslund Jeffrey Scott $950,000
Previous Owner Highmark Builders Inc $797,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $1,650,000 -5.2% $386 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $1,740,000 -2.8% $407 / Sq Ft
04/06/2023 04/06/23 For Sale $1,790,000 +8.5% $419 / Sq Ft
04/05/2023 04/05/23 Off Market $1,650,000 -- --
04/13/2022 04/13/22 For Sale $1,790,000 -- $419 / 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 $14,152 $1,312,200 $279,300 $1,032,900
2024 $9,694 $1,261,100 $274,500 $986,600
2023 $308 $863,300 $252,800 $610,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6178531

NorthstarMLS

APN: 4-139-003-0