Category: All Properties

Closed Sales

6089 Xylon Ave N, New Hope, MN

haleproperties

List Price: $285,000

With new paint and new carpet/hardwood floors through out, you will immediately find yourself lost in the beauty of this home. This home is bolstered by the location of residing in a quiet neighborhood while conveniently located in the beloved robbinsdale school district. This home lets you get your cake and eat it too! So close to recreation trails and parks, yet close enough to all your immediate necessities. Enjoy the immense amount of storage space, relax on a nice day from the deck.

Sold Price: $302,000
Date Closed: 05/02/2022

Closed Sales

12991 Anchor Point Road, Crosslake, MN

haleproperties

List Price: $1,848,000

This distinctive, architecturally designed, custom built lake home with 6,600+ finished square feet located on the Whitefish Chain is the ideal up-north get-a-way. The southerly full-lake view, gives you sun all day for family filled outdoor activities. The large gourmet kitchen with hickory hard wood floors, oversized center island and granite countertops also offers a spectacular view of the lake. The 3 gorgeous stone fireplaces only enhance that up-north feeling. For inside entertainment , you have a second floor recreation room, in-floor heated 4 season porch, magnificent living room, pool table room, custom-built wet-bar w/ TV lounge area and a very spacious exercise room. For all your storage and parking needs, the property offers an insulated 3 car attached garage and a detached 2 car garage. 5 bedrooms and 5 bathrooms, with main floor laundry and main floor master bedroom, give this home a very practical floor plan.

Sold Price: $1,767,000
Date Closed: 05/28/2021

Closed Sales

4613 Foxglove Drive, Minnetrista, MN

haleproperties

List Price: $453,040

This is the Cedarwood II floorplan with 3br, 2ba, 3 car garage and an open concept. It features a large center island, pantry, and stainless steel appliances. Affordable homes in a beautiful Association maintained neighborhood on the shores of Halsted Bay on Lake Minnetonka. Woodland Cove is a planned community with miles of trails for walking, running and biking. Clubhouse and resort style pool make Woodland Cove a amazing place to live.

Sold Price: $453,040
Date Closed: 05/14/2021

Closed Sales

150XX Saint Croix Trl N, May Twp, MN

haleproperties

List Price: $349,900

Here’s a terrific opportunity for a rural lifestyle, yet within minutes of all the Stillwater amenities! Highly desirable 26+ acre parcel of land in the heart of the stunning St. Croix Valley in between downtown Stillwater and Marine on the St. Croix located off the west side of Hwy-95. A rolling terrain with some stands of trees; currently enrolled in Green Acres to grow alfalfa. Southern boundary of parcel is accessed off 150th St N. Zoning/permits governed by May Township. Stillwater School District! Can retain in Green Acres status or design/build your own custom Home. Ideally suited for horses, hobby farm or just enjoy the open space!

Sold Price: $350,000
Date Closed: 05/07/2021

Closed Sales

2523 Kelly Ave, Orono, MN

haleproperties

List Price: $2,300,000

Fabulous, west facing lakeshore opportunity with approximately 300’ of shoreline on demand Carman Bay (Grade “A” water quality). Idyllic setting amidst mature trees with lovely lakeside yard large enough to accommodate a swimming pool. Paver brick steps to the lakeshore and simply spectacular lake views. Quality built, brick and cedar residence with multiple areas for entertaining or family living. Home has (6 years new) hand split cedar shake roof – great opportunity to enhance your way of living. Ideal central Lake Minnetonka location near Navarre and the Dakota Trail plus a short drive or boating excursion to downtown Wayzata AND Excelsior.

Sold Price: $2,150,000
Date Closed: 04/30/2021

Closed Sales

301 Timberline Trail, Vadnais Heights, MN

haleproperties

List Price: $614,900

Spectacular 5 bd/4 ba walk-out two-story, meticulously maintained home has tons of updates! Step into a spacious entryway w/tiled floor. Vaulted ceilings, new carpet, hardwood floors, SS appliances, & open concept make it feel like a new home! Some updates include newer windows in 2014, roof in 2013, concrete driveway in 2016, A/C 2009, furnace 2010, kitchen counters w/Cambria & bathrooms counters have all been updated! Big master bath suite w/his & her sinks, jetted tub, walk-in shower & heated floors! Newly added 4-season room has heated slate floors & a sliding patio door leading onto a maintenance-free deck. Composite decking leads down to a beautiful stamped concrete patio. 4 big bedrooms upstairs all have new carpet, paint, & ceiling fans. 5th BR in LL has new luxury vinyl plank flooring & full bath. Main floor laundry has new washer & dryer, large sink, & tons of cabinets. There are so many places to office and study from this home.

Sold Price: $580,000
Date Closed: 03/30/2021

Closed Sales

2054 Paisley Path, Chanhassen, MN

haleproperties

List Price: $694,990

Chanhassen’s newest, premier community! Buy new for peace of mind and warranties! The beautiful Calloway plan, a great layout with large, center kitchen island, walk in pantry, large mud room with walk in closet, 4 bedrooms upstairs with 5th in finished lower level! Spacious rec room and bathroom also finished in this look out basement! Convenient 2nd floor laundry, walk in closets in upper level bedrooms. Large 3 car garage. Beautiful location overlooking wetlands! Sod, irrigation and landscaping included in this home. High level of finishes included in this home with white cabinets, white/gray quartz countertops, elegant marble tiled backsplash!

Sold Price: $689,990
Date Closed: 12/04/2020

Closed Sales

14187 Germane Avenue, Apple Valley, MN

haleproperties

List Price: $299,999

Located on a corner lot across from Fred J Largen Park, this home features an updated bathroom, 4 season room, great outdoor entertaining space, and a large 3 car heated garage. Under 15 min drive to MSP Airport and only 5 minutes from the Minnesota Zoo, this home has easy access to all local parks and amenities.

Sold Price: $320,000
Date Closed: 11/27/2020

Uncategorized

Your Credit Score and Your Monthly Payments

haleproperties

How does a credit score affect your monthly payments on a home loan?

Your credit score can have a significant impact on your monthly payments when applying for a home loan. Here’s how it affects it:

  1. Interest Rate: One of the most significant ways your credit score influences your monthly payments is through the interest rate you’re offered. Lenders use your credit score to assess your creditworthiness, and borrowers with higher credit scores are considered less risky. As a result, individuals with higher credit scores are more likely to qualify for lower interest rates on their home loans. Lower interest rates translate to lower monthly mortgage payments.
  2. Loan Approval: Your credit score plays a crucial role in whether you’ll be approved for a home loan or not. Lenders have different credit score requirements, but a higher credit score generally increases your chances of getting approved. A lower credit score could lead to loan denials or require you to apply for loans with less favorable terms, potentially resulting in higher monthly payments.
  3. Down Payment Requirements: In some cases, a lower credit score might lead lenders to require a higher down payment as a condition for approving the home loan. A larger down payment can reduce the loan amount and, consequently, lower your monthly mortgage payments.
  4. Mortgage Insurance: If your credit score is below a certain threshold, you might be required to pay private mortgage insurance (PMI) or other mortgage insurance premiums. Mortgage insurance is typically required for borrowers with down payments below 20%. The cost of mortgage insurance adds to your monthly expenses, increasing your overall monthly payments.
  5. Loan Terms: Borrowers with excellent credit scores may have more flexibility in negotiating favorable loan terms, such as the length of the loan (loan term). Opting for a shorter loan term can increase monthly payments but save you money on interest payments over the life of the loan.
  6. Jumbo Loans: If you’re seeking a jumbo loan (a loan that exceeds the conforming loan limits set by government-sponsored enterprises), lenders may have stricter credit score requirements. Having a higher credit score can help you qualify for a jumbo loan and secure more favorable terms.
  7. Refinancing Opportunities: A good credit score can also make it easier to refinance your mortgage in the future. If interest rates drop or your credit score improves over time, you may have the opportunity to refinance your mortgage for better terms, potentially lowering your monthly payments.

In summary, your credit score is a crucial factor in determining the interest rate, loan approval, and loan terms you’ll receive for your home loan. By maintaining a good credit score and managing your credit responsibly, you increase the likelihood of securing a more affordable home loan with lower monthly payments.