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5650 Fairlawn Shores Trl SE, Prior Lake, MN, 55372

$2,150,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
4,618 SqFt
$466/SqFt
House
Schools Nearby

Location

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5650 Fairlawn Shores Trl SE, Prior Lake$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Heated Garage, Insulated Garage, Tuckunder Garage
Attached Garage4 spaces
Year Built1976
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceFamily Room, Gas, Living Room
ViewPanoramic
MLS #6495598
StatusActive

About 5650 Fairlawn Shores Trl SE

Fantastic opportunity to reside on 150 feet of Lower Prior lakefront in a totally renovated walkout rambler! Private entrance tucked down the pavered drive with natural landscape and fencing. 4 Bedrooms, 4 baths, and over 4500 SF of open updated space to enjoy beautiful views. Amazing woodwork throughout with high end cabinetry including a wet and dry bar, trim, beams, and flooring. Custom tilework in foyer, mudroom, and master bath. Fresh mid century modern lines come alive throughout with a spectacular 2-sided fireplace. New decking with cable railing that leads to prime lakefront on Lower Prior - set perfectly for maximum views. Plenty of garage and storage for all your needs.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Living Area: 4,618 SqFt

Listing Office:

  • Office Name: RE/MAX Preferred

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Panoramic

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Heated Garage, Insulated Garage, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Prior Lake High School, Public District Grades 9-12
  • Hidden Oaks Middle School, Public District Grades 6-8
  • Westwood Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Hwy 13 to W on 150th Street to right on Fairlawn Shores Trl SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000
  • Price Per SqFt: $466/SqFt

Tax Information:

  • Annual Amount: $15,382
  • Tax Year: 2021
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Housing Market Comparison

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

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Prior Lake, MN

City

Med. Sold Price

$504K

Med. Price/SqFt

$192

Avg. Days On Market

55

# of Sold Homes

29

5650 Fairlawn Shores Trl SE vs Prior Lake

49 DAYS ON ROCKET

-6 Days

$2,150,000

+$1.6M More

$466/SqFt

+$273 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $273/SqFt more than other homes in Prior Lake, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6495598

Listing Office:

  • Office Name: RE/MAX Preferred

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Last updated on: 4/19/2024, 7:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 23, 2013Home Sold
$850,000
Aug 24, 2004Home Sold
$411,000
Apr 22, 2004Home Sold
$372,513

Tax History

YEARPROP. TAXASSESSMENT
2021$15,382$1,275,600
2019$14,982$1,092,900
2018$14,472$1,019,600
2017$14,170$963,200

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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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-701115
7
/10

  • Westwood Elementary

  • 5370 Westwood Dr SE

  • 1.02 miles

  • Public District Grades KG-5

Middle School

school-card-donut-701116
6
/10

  • Hidden Oaks Middle School

  • 15855 Fish Point Rd SE

  • 0.92 miles

  • Public District Grades 6-8

High School

school-card-donut-701117
7
/10

  • Prior Lake High School

  • 7575 150th St W

  • 1.39 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 $108,402. Typical income of Prior Lake, MN residents is between $100k-200k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Prior Lake, MN

Types of housing in Prior Lake, MN.

The average year of construction for properties in Prior Lake is 1992. In this city, many dwellings are single detached homes, but townhouses are also present in the housing stock. Homeowners occupy roughly 85% of the properties in the city whereas the remainder are rented. This part of the Minneapolis-St. Paul-Bloomington metropolitan area offers mainly three bedroom and four or more bedroom homes.

What is it like to live in Prior Lake, MN?

People who prefer a slower-paced ambience will enjoy Prior Lake. This city is very quiet, as there are generally low levels of noise from traffic. Finally, it is easy to access parks in the city and there are approximately 20 of them nearby for residents to explore.

Is it easy to get around Prior Lake, MN without a car?

Reaching the closest grocery store by walking is an option for some, but not all, house buyers in this part of the Minneapolis-St. Paul-Bloomington metropolitan area. A small number of restaurants can be found in Prior Lake as well. When it comes to education, high schools and primary schools are not especially numerous in this part of the Minneapolis-St. Paul-Bloomington metropolitan area, and consequently tend to be a rather long walk away. Residents have the option of public and private schools at both the elementary and high school level.

Transportation in Prior Lake, MN.

Cars are a great mode of transportation in Prior Lake. It is especially convenient to come across a place to park. In contrast, public transit users may experience very few options in Prior Lake due to the service's low frequency. Thankfully, there are a few bus lines passing through the city. It is impractical for pedestrians to navigate Prior Lake since carrying out daily needs is difficult.

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Frequently Asked Questions About 5650 Fairlawn Shores Trl SE

What is the listing price of this property?

The listing price of 5650 Fairlawn Shores Trl SE property is $2,150,000.

What type of property is this?

The property 5650 Fairlawn Shores Trl SE is a house located in Prior Lake, Minnesota, 55372.

Is this property for sale now?

Active Listing: 5650 Fairlawn Shores Trl SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5650 Fairlawn Shores Trl SE are:
Westwood Elementary: GreatSchools Rating 7/10
Hidden Oaks Middle School: GreatSchools Rating 6/10
Prior Lake High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,382 (source: MLS/based on county public records data).

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

The last sale was on July 23, 2013 for $850,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5650 Fairlawn Shores Trl SE has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5650 Fairlawn Shores Trl SE is 4,618 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5650 Fairlawn Shores Trl SE is 1976.

Rocket Homes›Minnesota›Scott County›Prior Lake›55372›5650 Fairlawn Shores Trl SE

This home is located at 5650 Fairlawn Shores Trl SE in Prior Lake, MN and zip code 55372. This 4,618 square foot home was built in 1976. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $2,150,000.

In March 2024 more than 8 listings in Prior Lake, MN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 16 were sold below. The inventory of homes for sale in Prior Lake, MN between February 2024 and March 2024 increased by 16.4%. Listings spent 55 days on the market in March 2024, and had a median list price of $504,000 during the same period.

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

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