8611 Journey Ln Savage, MN 55378
Estimated Value: $620,000 - $716,000
5
Beds
3.5
Baths
3,298
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Lake Front
- Beach Access
- Family Room with Fireplace
- Hidden Oaks Middle School Rated A-
- 45,825 Sq Ft lot
- Screened Porch
About This Home
As of July 2022Welcome to Cates Lake! Otherwise known as "Hidden Lake" according to the DNR. This well-maintained 5 bedroom, 4 bathroom, 3-car home sits on a 1+ acre lot and has over 90' of private shoreline. Located on a private drive minutes from numerous retail, restaurant, and service venues this property truly has that "up north" feel to it. Enjoy the peace and tranquility that this unique and special lake property affords year round. Cates Lake is among the cleanest, clearest lakes found in the Prior Lake/Savage Watershed District creating an optimal habitat for wildlife of all kinds. A wide variety of waterfowl including herons, cranes and loons can be seen daily in the open water months. Due to the lake's fabulous water quality, the rare and endangered American Lotus plant has been observed at numerous locations around the lake. Now's your chance to own a piece of this wonderful nature preserve in the heart of the city. Minutes away from Prior Lake High School, middle and elementary schools.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,408
Year Built
- Built in 1981
Lot Details
- 1.05 Acre Lot
- Lot Dimensions are 194x657x573
- Lake Front
- Street terminates at a dead end
- Irregular Lot
HOA Fees
- $25 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Interior Spaces
- 2-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Home Office
- Screened Porch
- Utility Room
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Storage
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- Four (4) Members Total Self Managed Association, Phone Number (952) 393-6510
- Journeys End Subdivision
Listing and Financial Details
- Assessor Parcel Number 263730040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jul 15, 2022
Sold by
Nelson David and Nelson Deann
Bought by
Demars Donald and Malone Emily
Seller's Agent
Mathew Prettyman
RE/MAX Preferred
Buyer's Agent
Zach Duckworth
Keller Williams Preferred Rlty
List Price
$664,900
Sold Price
$700,000
Premium/Discount to List
$35,100
5.28%
Total Days on Market
0
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
-$32,932
Avg. Annual Appreciation
-1.63%
Original Mortgage
$525,000
Outstanding Balance
$502,362
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$164,706
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jul 13, 2022
Sold by
Nelson David A and Nelson Deann M
Bought by
Demars Donald and Malone Emily
Seller's Agent
Mathew Prettyman
RE/MAX Preferred
Buyer's Agent
Zach Duckworth
Keller Williams Preferred Rlty
List Price
$664,900
Sold Price
$700,000
Premium/Discount to List
$35,100
5.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$502,362
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$164,706
Purchase Details
Closed on
May 15, 2006
Sold by
Fletcher Gilbert G and Fletcher Carol A
Bought by
Nelson David A and Nelson Deann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.56%
Mortgage Type
New Conventional
Similar Homes in Savage, MN
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demars Donald | $700,000 | -- | |
| Demars Donald | $700,000 | Minnesota Title | |
| Nelson David A | $424,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Demars Donald | $525,000 | |
| Closed | Demars Donald | $525,000 | |
| Previous Owner | Nelson David A | $194,983 | |
| Previous Owner | Nelson David A | $200,439 | |
| Previous Owner | Nelson David A | $50,000 | |
| Previous Owner | Nelson David A | $188,000 | |
| Closed | Demars Donald | $104,930 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $700,000 | +5.3% | $212 / Sq Ft |
| 06/03/2022 06/03/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $664,900 | -- | $202 / 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 |
|---|---|---|---|---|
| 2025 | $5,412 | $657,800 | $231,000 | $426,800 |
| 2024 | $5,412 | $522,500 | $239,700 | $282,800 |
| 2023 | $5,282 | $502,300 | $230,400 | $271,900 |
| 2022 | $5,408 | $502,300 | $230,400 | $271,900 |
| 2021 | $5,294 | $435,100 | $181,300 | $253,800 |
| 2020 | $5,352 | $409,400 | $158,800 | $250,600 |
| 2019 | $5,236 | $401,800 | $150,000 | $251,800 |
| 2018 | $4,814 | $0 | $0 | $0 |
| 2016 | $4,792 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mathew Prettyman
Seller's Agent in 2022
Mathew Prettyman
RE/MAX
(952) 607-8720
7 in this area
57 Total Sales
-
Zach Duckworth
Buyer's Agent in 2022
Zach Duckworth
Keller Williams Preferred Rlty
(612) 567-3455
1 in this area
250 Total Sales
-
Carly Duckworth
Buyer Co-Listing Agent in 2022
Carly Duckworth
Keller Williams Preferred Rlty
(612) 619-7678
1 in this area
116 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6192848
APN: 26-373-004-0
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