NOT LISTED FOR SALE

8921 163rd St W Lakeville, MN 55044

Estimated Value: $465,000 - $519,940

5 Beds
2.5 Baths
2,859 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $495,000 $173 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,168/month

17 Days on Market

Highlights

  • Deck
  • No HOA
  • Stainless Steel Appliances
  • Oak Hills Elementary School Rated A
  • Sitting Room
  • The kitchen features windows

About This Home

As of May 2023

A spacious 5 bedroom, 3 bathroom property located in the Trotters Ridge development. This property offers plenty of space and flexibility for a variety of living arrangements. It could be ideal forfamilies, those who work from home, or anyone who desires additional space for guests, hobbies, orstorage. One of the standout features of this property is its location. The Trotters Ridge development is known for its beautiful surroundings, as well as its proximity to schools, parks, and a range ofamenities, making it a particularly attractive option for anyone who values easy access to dailynecessities. The house itself is well-maintained and move-in ready, with a range of features andamenities that can make it an inviting place to call home. The expansive deck provides an excellent spot to relax and enjoy the outdoors during the warmer months, while the beautiful flower beds add to theproperty's curb appeal. Find out today what upgrades this home has to offer!

Last Agent to Sell the Property

Benjamin Mains

Keller Williams Select Realty Listed on: 04/14/2023

Keller Williams Select Realty

Last Buyer's Agent

Katie Ashland

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1991

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 84x150
  • Chain Link Fence
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room
  • Sitting Room
  • Living Room
  • Washer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Trotters Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 227740005120

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,894

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 2190
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage/Locker, Walkout
  • Appliances: Cooktop, Dishwasher, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 2859
  • Fireplace: No
  • Below Grade Finished Sq Ft: 669
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Sitting Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Deck
  • SqFtTotal: 3091.00

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 686

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 84x150
  • Lot Size Sq Ft: 12675.96
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 227740005120
  • Tax Annual Amount: 4894
  • TaxWithAssessments: 6764.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 25, 2023
Sold by
Jerome Cynthia and Jerome Michael
Bought by
Westphal Desiree
Seller's Agent
Benjamin Mains
Keller Williams Select Realty
Buyer's Agent
Katie Ashland
Edina Realty, Inc.
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%
Views
142
Current Estimated Value
$502,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,735
Avg. Annual Appreciation
-1.03%
Original Mortgage
$410,000
Outstanding Balance
$400,990
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$82,613

Purchase Details

Closed on
Oct 15, 2002
Sold by
Cecil James J and Cecil Kim
Bought by
Jerome Michael and Jerome Cynthia
Source: Public Records

Range of Values:

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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
Westphal Desiree $495,000 --
Jerome Michael $289,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westphal Desiree $410,000
Previous Owner Jerome Michael $176,000
Previous Owner Jerome Michael $76,000
Previous Owner Jerome Michael $191,253
Previous Owner Jerome Michael $122,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $495,000 +4.2% $173 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $475,000 -- $166 / 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
2023 $5,148 $473,000 $87,200 $385,800
2022 $4,894 $453,000 $86,900 $366,100
2021 $4,814 $376,500 $75,600 $300,900
2020 $4,982 $356,600 $72,200 $284,400
2019 $4,575 $349,900 $68,800 $281,100
2018 $3,871 $327,000 $65,500 $261,500
2017 $3,788 $312,700 $62,300 $250,400
2016 $3,859 $303,200 $59,300 $243,900
2015 $3,703 $283,547 $55,495 $228,052
2014 -- $283,874 $53,961 $229,913
2013 -- $261,311 $48,942 $212,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6345004

NorthstarMLS

APN: 22-77400-05-120