5 months on rocket

3158 Butternut Cir NW, Prior Lake, MN, 55372

$1,000,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Bath
616 SqFt
$1,623/SqFt
House

Location

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3158 Butternut Cir NW, Prior Lake$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1930
HeatingOther
CoolingNone
BasementYes
WaterfrontLake Front
ViewLake
MLS #6564528
StatusActive

About 3158 Butternut Cir NW

Spectacular level lakeshore on the shores of Prior Lake w/amazing views overlooking Twin Island. 57' of shoreline and nearly 1/2 an acre offers a great opportunity to build your dream home or summer retreat. Your builder or ours, your design or ours. This lot is deep enough to accomodate a great walk out floorplan/home design for a property w/additional detached garage. Level lakeshore lots are a rare find on Prior Lake and this lot could accomodate either a 2 story or One level floor plan.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 616 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: Northwood Road to Butternut Circle NW to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $1,623/SqFt

Tax Information:

  • Annual Amount: $5,886
  • 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

$513.8K

Med. Price/SqFt

$197

Avg. Days On Market

42

# of Sold Homes

38

3158 Butternut Cir NW vs Prior Lake

169 DAYS ON ROCKET

+127 Days

$1,000,000

+$486.2K More

$1,623/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $486.2K more than the Median Sold Price and $1.4K/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: #6564528

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 12/21/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,886$637,300
2019$5,518$465,100
2018$5,222$420,000
2017$4,718$367,700

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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.

Nearby Schools

school-card-donut-869028
7
/10

  • Five Hawks Elementary School

  • 16620 Five Hawks Ave SE

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-869029
6
/10

  • La Ola del Lago at Grainwood

  • 5061 Minnesota St SE

  • 1.93 miles

  • Public District Grades KG-5

school-card-donut-869030
8
/10

  • Jeffers Pond Elementary School

  • 14800 Jeffers Pass NW

  • 1.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,818. Typical income of Prior Lake, MN residents is between $100k-200k annually. Residents typically live in married, no 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 3158 Butternut Cir NW

What is the listing price of this property?

The listing price of 3158 Butternut Cir NW property is $1,000,000.

What type of property is this?

The property 3158 Butternut Cir NW is a house located in Prior Lake, Minnesota, 55372.

Is this property for sale now?

Active Listing: 3158 Butternut Cir NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,886 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3158 Butternut Cir NW has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3158 Butternut Cir NW is 616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3158 Butternut Cir NW is 1930.

Rocket Homes›Minnesota›Scott County›Prior Lake›55372›3158 Butternut Cir NW

This home is located at 3158 Butternut Cir NW in Prior Lake, MN and zip code 55372. This 616 square foot home was built in 1930. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $1,000,000.

In November 2024, from all listings sold in Prior Lake, MN there were more than 11 sold above asking price, over 19 sold below and more than 8 were sold right at the asked price. In November 2024 in Prior Lake, MN there were 17% less homes for sale than in October 2024. While the average time on the market in November 2024 was 42 days, the median list price was $513,800.

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

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