NOT LISTED FOR SALE

8503 Summit Oaks Bay Savage, MN 55378

Estimated Value: $583,000 - $651,000

4 Beds
3.5 Baths
3,580 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $307,000 $86 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,744/month

229 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Hidden Oaks Middle School Rated A-
  • Corner Lot
  • Cul-De-Sac

About This Home

As of March 2014

Investor opportunity knocks! Prestigious West Summit Oaks neighborhood. Flip this house! Needs extensive cleaning, paint, yard work, carpet, minor fixes, some mold remediation in basement ceiling and updating. Professionally negotiated short sale.

Last Agent to Sell the Property

Dave Oswald

Coldwell Banker Burnet Listed on: 07/05/2013

Last Buyer's Agent

Mark Annexstad

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 2000

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Deck

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 262560490

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,590

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.32
  • Construction: Previously Owned
  • Foundation Size: 1406
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 262560490
  • Potential Short Sale: Yes
  • Stories: 2 Story
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Master Walk-Thru
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 14x13, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 18x18, On Level: Main
  • Room 4: Kitchen, 22x15, On Level: Main
  • Room 5: Bedroom, 22x13, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: Foyer, 11x9, On Level: Main
  • Room 10: Rec Room, 44x16, On Level: Lower
  • Room 11: Deck, 18x9, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2580
  • Below Grade Finished Sq Ft: 1000
  • Total Fin Square Footage: 3580

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 100x140
  • Lot/Land Description: Corner Lot, Cul De Sac, Tree Coverage - Heavy

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2013
  • Tax Value: 5590

MLS Schools

  • School District: Prior Lake-Savage Area #719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Provenzano Michael J and Provenzano Kathryn
Bought by
Provenzano Michael and Provenzano Kathryn
Current Estimated Value
$625,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$217,431
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$407,852

Purchase Details

Closed on
Apr 29, 2016
Sold by
Prior Renovations Llc
Bought by
Provenzano Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2013
Closed on
Mar 14, 2014
Sold by
Sepulveda Philip C and Sepulveda Martha J
Bought by
Prior Renovations Llc
Seller's Agent
Dave Oswald
Coldwell Banker Burnet
Buyer's Agent
Mark Annexstad
Edina Realty, Inc.
List Price
$351,900
Sold Price
$307,000
Premium/Discount to List
-$44,900
-12.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Feb 14, 2005
Sold by
Reinke Dawn
Bought by
Sepulveda Philip C and Sepulveda Martha J

Purchase Details

Closed on
May 5, 2003
Sold by
Grohs Construction Inc
Bought by
Reinke Dawn

Purchase Details

Closed on
Dec 4, 2002
Sold by
Ohio Savings Bank
Bought by
Grohs Construction Inc

Purchase Details

Closed on
May 18, 2000
Sold by
Arcon Development Inc
Bought by
Superior Homes Of Minnesota Ltd
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
Provenzano Michael -- None Available
Provenzano Michael $379,000 Edina Realty Title Inc
Prior Renovations Llc $307,000 Burnet Title
Sepulveda Philip C $405,000 --
Reinke Dawn $225,000 --
Grohs Construction Inc $230,000 --
Superior Homes Of Minnesota Ltd $64,900 --
Keatts Sean C $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Provenzano Michael $310,000
Closed Provenzano Michael $303,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $307,000 -12.8% $86 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
07/05/2013 07/05/13 For Sale $351,900 -- $98 / 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
2025 $5,462 $534,200 $166,100 $368,100
2024 $5,274 $507,600 $185,600 $322,000
2023 $5,148 $489,900 $178,500 $311,400
2022 $5,344 $489,900 $178,500 $311,400
2021 $5,324 $429,800 $159,200 $270,600
2020 $5,420 $411,500 $139,400 $272,100
2019 $5,320 $406,500 $132,000 $274,500
2018 $5,412 $0 $0 $0
2016 $5,698 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dave Oswald

    Coldwell Banker Burnet

  • M

    Buyer's Agent in 2014

    Mark Annexstad

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4503477

REALTOR® Association of Southern Minnesota

APN: 26-256-049-0

Minnesota Scott County Savage 55378

8503 Summit Oaks Bay, Savage, MN

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