18 days on rocket

5547 Inverness Way, Big Lake, MN, 55309

$375,000

Home List Price

$4,453*

Closing Credit

5 Bedrooms
2 Full Baths
2,732 SqFt
$137/SqFt
House
Schools Nearby

Location

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5547 Inverness Way, Big Lake$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Heated Garage, Insulated Garage
Attached Garage2 spaces
Year Built2003
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6527391
StatusActive

About 5547 Inverness Way

Welcome Home! Fully Finished Walk-out Rambler that Backs up to Nature Preserve with Deer, Turkeys and other wildlife all on a low Traffic Street. Highlights include Hard to Find 5 Bedroom home with 3 bedrooms on 1 level, 24ft deep Garage, In-Ground Sprinkler System, Fenced Front Yard, 2 Full and 1 3/4 Bathrooms including Primary Bathroom with Soaking Tub, Gas Fireplace and Vaulted Ceilings. The Home is Close to trail System for walking or an Easy Bike Ride to the Beach, Farmers Market and Music in the Park with Multiple Parks Close by. Located in the Highly Desired McDowall Oaks neighborhood with a Nice mix of 2-story, Rambler and Larger Multi Level Homes. Over 2800 Total Square Feet! See the Pics, A++

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 2,732 SqFt

Listing Office:

  • Office Name: EXIT Realty Nexus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Heated Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Big Lake High School, Public District Grades 9-12
  • Big Lake Middle School, Public District Grades 6-8
  • Independence Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: From HWY 10 Head North to Left on Highline Drive to Right ON Tartan to right on Highland Trail to Left on Inverness Way to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $3,720
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Big Lake, MN.

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Big Lake, MN

City

Med. Sold Price

$338.1K

Med. Price/SqFt

$178

Avg. Days On Market

21

# of Sold Homes

24

5547 Inverness Way vs Big Lake

18 DAYS ON ROCKET

-3 Days

$375,000

+$36.8K More

$137/SqFt

-$42 Less

KEY TAKEAWAY

This property is $36.8K more than the Median Sold Price and $42/SqFt less than other homes in Big Lake, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6527391

Listing Office:

  • Office Name: EXIT Realty Nexus

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Last updated on: 6/1/2024, 12:22:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2018Home Sold
$259,900
Nov 25, 2013Home Sold
$212,000
Jun 27, 2006Home Sold
$225,000
Jan 21, 2004Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,720$255,800
2018$3,434$210,953
2017$3,174$185,992

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5923468
7
/10

  • Independence Elementary

  • 701 Minnesota Ave

  • 2.21 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5923469
4
/10

  • Big Lake Middle School

  • 601 Minnesota Ave

  • 2.08 miles

  • Public District Grades 6-8

High School

school-card-donut-5923470
8
/10

  • Big Lake High School

  • 501 Minnesota Ave

  • 2.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,583. Residents of Big Lake, MN typically earn between $35k-100k each year. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5547 Inverness Way

What is the listing price of this property?

The listing price of 5547 Inverness Way property is $375,000.

What type of property is this?

The property 5547 Inverness Way is a house located in Big Lake, Minnesota, 55309.

Is this property for sale now?

Active Listing: 5547 Inverness Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5547 Inverness Way are:
Independence Elementary: GreatSchools Rating 7/10
Big Lake Middle School: GreatSchools Rating 4/10
Big Lake High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,720 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2018 for $259,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5547 Inverness Way has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5547 Inverness Way is 2,732 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5547 Inverness Way is 2003.

Rocket Homes›Minnesota›Sherburne County›Big Lake›55309›5547 Inverness Way

This home is located at 5547 Inverness Way in Big Lake, MN and zip code 55309. This 2,732 square foot home was built in 2003. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $375,000.

While more than 13 listings in Big Lake, MN in April 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 4 were sold below. Between March 2024 and April 2024, Big Lake, MN real estate market has seen increase in the number of listings by 18.3%. The median list price of listings available in April 2024 was $338,125, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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