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JUST SOLD!
This 3BR 3BA home offers an open floor plan concept with vaulted ceilings, built-ins and stonework galore, a gourmet kitchen with stainless appliances, tile floors, generously-sized bedrooms, an an upper level laundry. The home features a hot tub, large deck and patio, 3 car garage with floor drains and a 1400+ sqft unfinished lower level with two egress windows.
Offered at $309,900. SOLD AT $308,000
JUST SOLD! 2719 Lahoma Court! This newly renovated two-story is dressed with upgrades from top-to-bottom. The main floor features maple hardwood floors, a large kitchen with a pantry, new granite countertops with under-cabinet lighting, a custom backsplash, and GE Profile stainless steel appliances. A Great Room with soaring ceilings and a gas fireplace leads to a main floor den. The main floor also includes a formal living room with a bay window and a mud room with front-load appliances.
Upstairs you will find three bedrooms and two full bathrooms, including a vaulted master suite with reeded-glass entry doors and a private bathroom with a soaking tub and dual sinks. A second full bath lies upstairs. All the bedrooms have huge walk-in closets.
The lower level was recently finished with a large family room, tile wet bar with soft-close doors, ¾ bath, and large storage area. The lower level has sconce lighting, lighted closets, and is wired for surround sound.
In addition to the kitchen upgrades and new basement finish, this home has been recently outfitted with new solid-core doors with levers, a new cherry powder bath, new window treatments, new interior lighting, new garage lighting, a new roof and siding in 2011, new water heater in July 2012, and a reverse osmosis system and air exchanger.
View our VIRTUAL TOUR for 2719 Lahoma Court.
Offered at $314,900. SOLD at $310,000.
2719 Lahoma Court is proudly marketed by Chad & Sara Huebener of Edina Realty. For more information or to request a private showing call 952-212-3597.
JUST SOLD!
Exceptional 4BR 4BA two-story in Grey Fox Estates! This home features stunning upgrades throughout with granite surfaces, red birch cabinetry and red birch hardwoods, a luxury master suite with fireplace, an oversized garage, a wide-plank Brazilian Tigerwood deck, and more. The home is situated on a 2.5 acre lot with beautiful views of the countryside.
SOLD at $425,000
JUST SOLD! This 4BR 3BA two-story offers a spacious and open floor plan! The kitchen is impressive and features a 6-foot center island with granite countertops, a stainless gas cooktop and double ovens. The family room has a gas fireplace with built-in cabinetry and hickory wood floors. The home features a main floor office, vaulted owners suite with private bath, upstairs laundry room with abundant cabinetry, and all bedrooms have walk-in closets!
2545 Heron Lane is completed new construction and SOLD at $381,165.
A normal market has been the wishful thinking of the past five years. Most people understand that a normal market is 2-3% appreciation annually (not the inflated annual 10% we were seeing there for awhile.) Our Minnesota Association of REALTORS examined different areas of the market and here are some of the resulting highlights:
If we can answer any questions for you on our local residential market, do not hesitate to give us a call. Chad & Sara - 952-212-3597
JUST SOLD! Welcome to 2780 Limerick Street in Prior Lake! This classic 4BR two-story offers rustic and elegant finishes on a picturesque 2.5 acre setting. The main floor offers a granite and stainless kitchen with pantry, den with gridded, French pocket doors, a sitting room (formal dining option), screen porch/deck, and main floor mud/laundry. The main floor is outfitted in rustic, wide-plank pine floors and white trim.
The second floor includes four bedrooms and two bathrooms, including a private master suite with a private bath with cast-iron tub, separate shower, dual sink vanity, walk-in closet, and balcony. The finished walkout lower level includes a large family room with wet bar, ¾ bath, den, and abundant storage options. A hot tub sits on a flagstone patio outside the door.
This home offers numerous transom windows, atrium and solid-core doors, and built-ins. The exterior includes a new roof and siding (2007), invisible fencing covering all 2.5 acres, patio and firepit, gardens and landscaping. View our VIRTUAL TOUR or ONLINE FLYER for 2780 Limerick Street in Prior Lake.
SOLD at $375,000
**We represented the seller and the buyer.**
24 Hour Recorded Message 1-800-605-6994 Ext. 581
2780 Limerick Street in Prior Lake is proudly marketed by Chad & Sara Huebener of Edina Realty. To request a private showing or for more information, call 952-212-3597.
JUST SOLD!
As the football season kicks off, the real estate season is in mid-season form! Like we do every year, we’d like to give you a brief update on the status of the 2012 real estate market. What a refreshing year this has been! Below, we summarize the key changes our market has undergone since last year, and certainly since 2009 and 2010.
1. Interest rates are at record lows. As of the date we write this, we are seeing rates as low as 3.5% on a 30-year fixed mortgage, and 2.75% on a 15-year fixed mortgage. Homeowners are racing to refinance. These attractive rates are also driving market activity by keeping buyers actively engaged in seeking a home.
2. Inventory is low, and falling. Most Minnesotans who make a move do so in the spring, summer and autumn months, though the inventory levels would give little indication that such is the case this year. We are seeing very low inventory relative to what is typical for this time of year. (Sellers love this, by the way.) A number of variables may be contributors to this fact:
3. Pricing is inching upwards, and homeowners are bolder in their pricing strategies. With fewer homes to choose from, a new turnkey listing that is well-presented is a magnet for buyers hungry for new inventory. With that knowledge in hand, some sellers are taking bolder initiatives in regards to pricing strategies. It is important, however, that pricing remains in the ballpark.
4. Multiple offers continue. Last fall we reported that multiple offers were increasingly common, and this was particularly true with foreclosure inventory. We are seeing that trend continue with traditional homes this year, almost entirely due to low inventory levels. This year, the highest number of offers we have received on one listing was 6. The highest number of offers we have competed against (in representing a buyer) was 13.
5. The appraiser often has the final say. Many people feel that a house is worth what someone is willing to pay, but the appraiser might disagree. Appraisal standards this year are conservative, require hard data to support pricing, leave little room for subjectivity, and do not allow a variance (between sales price and appraised value) above 3%. Lenders want to ensure they are loaning against the actual, not “inflated” – and we use that term loosely - value of the property. Many of our colleagues are running into frequent low appraisals this year, and we are no stranger to them either. The largest appraisal gap we have overcome this year was $20,000, and the smallest was $6,000, on a single family home and a townhouse, respectively. Our colleagues have seen the range as high as $30,000 on a townhouse, to as low as $2,000 on a single family home. (These numbers are not transposed.) The range of solutions to such situations varies depending on the nature of the financing (conventional, FHA, e.g.), the amount of down payment, and the flexibility of the parties involved.
6. The use of temporary housing is more prevalent than ever. Sellers want to take advantage of the low rates and inventory (both of which attract buyers) to get their home sold. And they want to take their time finding their next home. Of course, this requires a double move, but many sellers view this as an attractive option to give them the time they need to find something new.
7. Market times are going down. Again, this can be attributed to lower levels of competition. We are seeing offers materialize on many properties in days, and in some cases, hours. The fastest sale on one of our listings this year occurred 6 hours after hitting the market. On the buy side, with one particular property we had an offer written and the loan documents in process before the house went on the market. We were watching and waiting, and had an offer in the seller’s hand immediately upon going active on the market.
8. Foreclosures are down, but they are still creeping on the market. For a significant length of time this year, we saw few foreclosures being listed. We know more are coming, but we are not sure exactly when. Many neighborhoods still have “that house” just waiting to be sold by the bank. Now that the robo-signing debacle is in the past, we expect some of these homes will start to trickle on the market in the upcoming months.
If you plan on selling in the future, please call us for a confidential interview. We are aggressive, knowledgeable about our local market, and we think outside of the box. We would appreciate any opportunity to earn your business.
Chad & Sara Huebener
Edina Realty
Chairman’s Circle Award Recipients – $14 Mil (60 Homes) Sold in 2011
Ranked #1 for Home Sales in Savage with Edina Realty
Relocation and Short-Sale-Certified
Phone: 952-212-3597
[email protected]
[email protected]
www.WestSavageBlog.com
JUST SOLD! 8529 Ridgewood Lane in Savage!
This four-bedroom two story is situated on an INCREDIBLE, quiet, walkout cul de sac lot. The main floor features hardwood floors, a large family room with a gas fireplace, formal living and dining rooms, and an updated kitchen with 42” cabinetry, new granite countertops, brand new (never used) stainless appliances, hardwood floors and a portable center island. A 16x20 deck is accessible from the kitchen. A large mud/laundry room lies off the garage.
Upstairs you will find four bedrooms and two full bathrooms. The master suite has a ceiling fan, large walk-in closet, and its own private bath with a tub/shower and a second, separate shower. The walkout lower level is sheetrock-ready, with the vapor barrier, electrical, plumbing all complete.
You’ll enjoy the comfort knowing the home has a new roof (2009), a new sump pump and a security system. New stainless appliances were added in 2012. The fully-fenced backyard has mature trees, a vegetable garden and a shed for additional storage. This home situated on a quiet cul de sac in ISD 719, and is walking distance to area parks, walking trails and conveniences. Immediate occupancy is available!
Offered at $279,900.
SOLD at $279,000
View our VIRTUAL TOUR for 8529 Ridgewood Lane in West Savage.
This home is proudly marketed by Chad & Sara Huebener of Edina Realty. For more information or to request a private showing, all 952-212-3597.
JUST SOLD!
This end-unit townhome offers an open floor plan and is situated on a pond-front lot in a quiet, well-maintained community. The main floor includes a newly updated kitchen with stainless steel appliances, new granite countertops with a glass tile backsplash and new hardware. A dramatic vaulted Great Room with a gas fireplace, sunroom and dining room offer many options for entertaining. The master suite offers a private bathroom with dual sinks, whirlpool tub and walk-in closet with new wood shelving. Another bedroom and a full bath lie on the main.
The finished lower level features bright lookout windows, an enormous family room with projection TV, a bedroom with a walk-in closet with wood shelving, ¾ bath and abundant storage. This home has been updated with fresh paint, new light fixtures/fans throughout. A new washer, dryer and water softener will remain with the home. The garage was finished with epoxy flooring, suspended shelving and is painted. It’s clean, comfortable, and move-in ready!
View the VIRTUAL TOUR or ONLINE FLYER for 17281 Marshfield Lane SE.
Offered at $229,900. SOLD at $229,900
17281 Marshfield Lane SE is proudly marketed by Chad & Sara Huebener of Edina Realty. For more information or to request a private showing, call 952-212-3597.
