NOT LISTED FOR SALE

8587 Summit Oaks Bay Savage, MN 55378

Estimated Value: $701,636 - $884,000

4 Beds
3.5 Baths
3,884 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $660,000 $170 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,617/month

57 Days on Market

Highlights

  • 26,136 Sq Ft lot
  • Family Room with Fireplace
  • No HOA
  • Hamilton Ridge Elementary School Rated A-
  • Recreation Room
  • Home Office

About This Home

As of January 2024

Stunning, executive-style home on wooded cul-de-sac lot in desirable, private neighborhood with high-end updating throughout! This artfully crafted home by Mark Charles is sure to impress with large, bright open floor plan featuring a remodeled PREMIUM GOURMET KITCHEN with new cabinetry, Wolf/Sub-Zero appliances & granite counters. The spacious formal dining room & living room are perfect for entertaining. Main floor deluxe private den with built-ins & wainscoting. 4 large bedrooms up with sitting area in the primary suite. All bathrooms have been remodeled with quality modern flair - luxury primary bath! Walk-out lower level offers an expansive family/rec room (or add 5th BR). Play in the beautifully landscaped yard, relax on the huge deck with wooded views, or entertain on the patio or fire pit (or replace with playset). Newer windows, A/C, water softener & concrete driveway complete the package! Live among the treetops & enjoy seasonal views of Cates Lake...PRISTINE PROPERTY!

Last Agent to Sell the Property

Sandra Erickson

RE/MAX Results Listed on: 10/19/2023

RE/MAX Results

Last Buyer's Agent

Nicholas Hallbeck

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 2000

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 54x222x234x191
  • Cul-De-Sac
  • Irregular Lot
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Filtration System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • West Summit Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 262560570

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,468

Year Built

Built in 2000

Lot Details

0.6 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 2827
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3884
  • Below Grade Finished Sq Ft: 1057
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Informal Dining Room, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Laundry, Primary Bathroom, Family Room, Recreation Room, Bar/Wet Bar Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Wet Bar

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 54x222x234x191
  • Lot Size Sq Ft: 26136
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 262560570
  • Tax Annual Amount: 6468
  • TaxWithAssessments: 6468.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Feb 15, 2024
Sold by
Lisa R Strodtman Revocable Trust
Bought by
Hart Andrea and Hart Brett
Seller's Agent
Sandra Erickson
RE/MAX Results
Buyer's Agent
Nicholas Hallbeck
Edina Realty, Inc.
List Price
$729,900
Sold Price
$660,000
Premium/Discount to List
-$69,900
-9.58%
Views
95
Current Estimated Value
$768,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,409
Avg. Annual Appreciation
7.19%
Original Mortgage
$528,000
Outstanding Balance
$518,756
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$249,653

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jan 3, 2024
Sold by
Strodtman Lisa and Strodtman Keith
Bought by
Hart Andrea and Hart Brett
Seller's Agent
Sandra Erickson
RE/MAX Results
Buyer's Agent
Nicholas Hallbeck
Edina Realty, Inc.
List Price
$729,900
Sold Price
$660,000
Premium/Discount to List
-$69,900
-9.58%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$518,756
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$249,653

Purchase Details

Closed on
Oct 3, 2000
Sold by
Mark Charles Inc
Bought by
Strodtman Keith and Strodtman Lisa

Purchase Details

Closed on
Nov 10, 1999
Sold by
Arcon Development Inc
Bought by
Mark Charles Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hart Andrea $660,000 First American Title
Hart Andrea $660,000 --
Strodtman Keith $401,000 --
Mark Charles Inc $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Andrea $528,000
Previous Owner Hart Andrea $10,000
Closed Mark Charles Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $660,000 -5.7% $170 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $700,000 -1.4% $180 / Sq Ft
11/03/2023 11/03/23 Price Changed $710,000 -2.7% $183 / Sq Ft
10/19/2023 10/19/23 For Sale $729,900 -- $188 / Sq Ft
Source: NorthstarMLS

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 $6,896 $661,200 $214,600 $446,600
2024 $6,626 $617,000 $218,200 $398,800
2023 $6,468 $595,500 $209,800 $385,700
2022 $6,308 $595,500 $209,800 $385,700
2021 $6,250 $506,400 $175,100 $331,300
2020 $6,250 $483,000 $153,400 $329,600
2019 $6,196 $468,300 $138,000 $330,300
2018 $6,274 $0 $0 $0
2016 $6,258 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6450309

NorthstarMLS

APN: 26-256-057-0

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