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5559 Overlook Circle Southeast

5559 Overlook Circle Southeast, Prior Lake, MN 55372
Property in Prior Lake
Sold Feb 03, 2015
$290,000
$261,000 by Summit Mortgage Corp
Mortgage Due Feb 01, 2045
Sold Mar 24, 2004
$331,000
5559 Overlook Circle Southeast in Prior Lake, MN was first built in 1998 and is 26 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 4 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5559 Overlook Circle Southeast has 1,396 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 1,356 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 20,038 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 834 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The exterior walls of the home are made of unknown. 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, 5559 Overlook Circle Southeast sold most recently in Jan 30, 2015 for a total of $290,000. If you work out the math, that's approximately a cost of $207.74 per sqft. Before that, the property was also sold for $331,000 in Mar 4, 2004. 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 $4,478 in taxes each year. 5559 Overlook Circle Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $447,400. If we break it down further, the land itself was valued at $194,200. Improvements to the property, however, were assessed at a total of $253,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1998
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: D+
  • Building Style: Split level
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 1,356
  • Garage Type: Garage
  • Garage Square Area: 834
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,396
  • Gross Building Area: 3,534
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARDINAL RIDGE 5TH ADDN
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME CARDINAL RIDGE 5TH ADDN LOT 007 BLOCK 001 SUBDIVISIONCD 25335

Ownership

  • Current Owner : PETERSEN ROBIN L
  • Current Owner 2: PETERSEN DALE B
  • Previous Owner : HAYNES DALE L
  • Previous Owner 2: HAYNES THOMASENE
  • Owner Before Previous Owner: LARSON DOUGLAS L
  • Owner Before Previous Owner 2: LARSON GINA L
  • 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: 080906

Geography

  • Assessors Map Reference: PM 25335
  • District: 0800
  • Parcel: 25-335007-0
  • Block: 001
  • Lot: 007
  • Municipality: CITY OF PRIOR LAKE
  • Latitude: 44.7119
  • Longitude: -93.4078

    Address

  • Full Address: 5559 Overlook Cir Se
  • Address - House Number: 5559
  • Street Segment Direction: SE
  • Address - Street Name: Overlook
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Prior Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 3375
  • Zip Code: 55372

Valuation

    Tax

  • Total Area: 2,002
  • Tax Year: 2023
  • Tax Amount: $4,478
  • Tax Rate Code Area: 2002

    Appraisal Valuation

  • Standard Deviation: 0.1414
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 493,588
  • High Value: 563,404
  • Low Value: 423,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 03, 2015
  • First Open Lien Mortgage Loan Amount: $261,000
  • 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: Feb 01, 2045

    Market Valuation

  • Market Total Value: $447,400
  • Market Land Value: $194,200
  • Market Improvement Value: $253,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,400
  • Assessed Land Value: $194,200
  • Assessed Improvements Value: $253,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 30, 2015
  • Current Sale Recording Date: Feb 03, 2015
  • Current Sale Transaction ID: 1056545190
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 973150
  • Previous Sale Recording Date: Mar 24, 2004
  • Previous Sale Contract Date: Mar 04, 2004
  • Previous Sale Amount: $331,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 03, 2015
  • First Mortgage Loan Amount: $261,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2045

About Prior Lake



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Frequently Asked Questions

What neighborhood is 5559 Overlook Circle Southeast located in?
The 5559 Overlook Circle Southeast is a located in the neighborhood of Prior Lake in Prior Lake, Prior Lake.
What is the average sales price for listings in 5559 Overlook Circle Southeast?
The average sales price for units in 5559 Overlook Circle Southeast is $0 currently.

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