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5554 Trailhead Lane Southeast

5554 Trailhead Lane Southeast, Prior Lake, MN 55372
Property in Prior Lake
Sold Sep 07, 2011
$387,000
$288,500 by Homeservices Lending Llc
Mortgage Due Sep 01, 2041
Sold Apr 05, 2007
$446,440
5554 Trailhead Lane Southeast in Prior Lake, MN was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5554 Trailhead Lane Southeast has 3,050 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,232 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 980 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 700 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5554 Trailhead Lane Southeast sold most recently in Aug 19, 2011 for a total of $387,000. If you work out the math, that's approximately a cost of $126.89 per sqft. Before that, the property was also sold for $446,440 in Mar 30, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,096 in taxes each year. 5554 Trailhead Lane Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $614,000. If we break it down further, the land itself was valued at $167,500. Improvements to the property, however, were assessed at a total of $446,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C-
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,232
  • Garage Type: Garage
  • Garage Square Area: 700
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 980
  • Total Building Area: 3,050
  • Gross Building Area: 4,419
  • Building Area: 3,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENCLAVE AT CLEARY LAKE, THE
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 12 TOWNSHIP 114 RANGE 022 SUBDIVISIONNAME ENCLAVE AT CLEARY LAKE, THE LOT 011 BLOCK 003 SUBDIVISIONCD 25454

Ownership

  • Current Owner : OLSON STEVE
  • Current Owner 2: OLSON DEBORAH J
  • Previous Owner : JENSEN VICTORIA
  • Previous Owner 2: JENSEN NICHOLAS B
  • Owner Before Previous Owner: PULTE HOMES OF MINNESOTA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: CTY-PRIOR LAKE
  • School Tax District Code 3: SCOTT COUNTY WM
  • Census Tract: 080908

Geography

  • Assessors Map Reference: PM 25454
  • District: 0800
  • Parcel: 25-454033-0
  • Block: 003
  • Lot: 011
  • Meridian: SEC 12 TWN 114N RNG 22W
  • Municipality: CITY OF PRIOR LAKE
  • Latitude: 44.693
  • Longitude: -93.4078

    Address

  • Full Address: 5554 Trailhead Ln Se
  • Address - House Number: 5554
  • Street Segment Direction: SE
  • Address - Street Name: Trailhead
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Prior Lake
  • Carrier Code: R015
  • 4-Digit Zip Code: 2694
  • Zip Code: 55372

Valuation

    Tax

  • Total Area: 3,112
  • Tax Year: 2023
  • Tax Amount: $6,096
  • Tax Rate Code Area: 2002

    Appraisal Valuation

  • Standard Deviation: 0.14
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 697,057
  • High Value: 794,669
  • Low Value: 599,444

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,500
  • First Open Lien Mortgage Lender: HOMESERVICES LENDING LLC
  • First Open Lien Mortgage Recording Date: Sep 07, 2011
  • First Open Lien Mortgage Loan Amount: $288,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $614,000
  • Market Land Value: $167,500
  • Market Improvement Value: $446,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,000
  • Assessed Land Value: $167,500
  • Assessed Improvements Value: $446,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2011
  • Current Sale Recording Date: Sep 07, 2011
  • Current Sale Transaction ID: 1099171172
  • Current Sale Price: $387,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 71625
  • Previous Sale Recording Date: Apr 05, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $446,440
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESERVICES LENDING LLC
  • First Mortgage Transaction Date: Sep 07, 2011
  • First Mortgage Loan Amount: $288,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2041

About Prior Lake



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Frequently Asked Questions

What neighborhood is 5554 Trailhead Lane Southeast located in?
The 5554 Trailhead Lane Southeast is a located in the neighborhood of Prior Lake in Prior Lake, Prior Lake.
What is the average sales price for listings in 5554 Trailhead Lane Southeast?
The average sales price for units in 5554 Trailhead Lane Southeast is $0 currently.

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