Move right in and enjoy everything brand new within walking distance to downtown Prior Lake. Total remodel, inside and out. This meticulously remodeled Rambler offers a fresh start with modern, stylish finishes throughout in one of Prior Lake’s most desirable locations. Just like new and completely rehabbed from top to bottom, the home features a long list of improvements including a new roof, siding, mechanicals, electrical, windows, flooring, doors, paint, and updated kitchen and bathrooms—truly a turnkey opportunity. Enjoy easy living with 3 main-level bedrooms, gleaming hardwood floors, modern fixtures, and a fully finished basement offering flexible spaces and abundant storage. Just minutes from downtown Prior Lake, parks, trails, shops, dining, #719 Schools, Lakefront Park and many lake area amenities, this move-in-ready home delivers comfort, convenience, and a lifestyle you’ll love. Turnkey in prime location!
Closed
$360,000
4505 Colorado St SE, Prior Lake, MN 55372
3beds
2,184sqft
Single Family
Built in 1961
5,227 Square Feet Lot
$359,100 Zestimate®
$165/sqft
$2,585 Estimated rent
Home value
$359,100
$341,000 - $377,000
$2,585/mo
Zestimate® history
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$2,262/mo
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$2,262/mo
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Zillow last checked:
Listing updated:
Listed by:
Kurt Peterson 612-325-6324,
RE/MAX Advantage Plus
Bought with:
Brady Walker Arthur
Edina Realty, Inc.
Alec Roth
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7044380
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Den
- Level: Lower
- Area: 91 Square Feet
- Dimensions: 13x7
Family room
- Level: Lower
- Area: 231 Square Feet
- Dimensions: 21x11
Informal dining room
- Level: Main
Kitchen
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18x11
Laundry
- Level: Lower
- Area: 456 Square Feet
- Dimensions: 24x19
Living room
- Level: Main
- Area: 220 Square Feet
- Dimensions: 20x11
Office
- Level: Lower
- Area: 182 Square Feet
- Dimensions: 14x13
Porch
- Level: Main
Storage
- Level: Lower
- Area: 88 Square Feet
- Dimensions: 11x8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: In Basement, Lower Level, Laundry Room, Sink
Features
- Basement: Block,Finished,Full,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 2,184
- Total interior livable area: 2,184 sqft
- Finished area above ground: 1,092
- Finished area below ground: 597
Property
Parking
- Total spaces: 1
- Parking features: Attached, Asphalt, Garage Door Opener
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (23x12)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Pool features: None
- Fencing: Partial,Wood
Lot
- Size: 5,227 Square Feet
- Dimensions: 90 x 60 x 89 x 60
- Features: Near Public Transit, Corner Lot, Tree Coverage - Light
Details
- Foundation area: 1092
- Parcel number: 250011210
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: City of Prior Lake
HOA
- Has HOA: No
Location
- Region: Prior Lake
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $276,100
- Annual tax amount: $3,392
- Date on market: 3/27/2026
- Cumulative days on market: 87 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | $360,000-1.3%$165/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7044380 Report a problem | ||
| 4/10/2026 | Pending sale | $364,900$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7044380 Report a problem | ||
| 4/6/2026 | Listing removed | $364,900$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7044380 Report a problem | ||
| 3/27/2026 | Listed for sale | $364,900-2.7%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7044380 Report a problem | ||
| 3/27/2026 | Listing removed | $375,000$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7003679 Report a problem | ||
| 1/9/2026 | Listed for sale | $375,000+294.7%$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7003679 Report a problem | ||
| 2/7/2001 | Sold | $95,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,392 +1% | $276,100 +3.1% |
| 2024 | $3,360 -1.1% | $267,700 +4.9% |
| 2023 | $3,398 +39.5% | $255,100 -2.9% |
| 2022 | $2,436 -0.3% | $262,600 +25.2% |
| 2021 | $2,444 -1.3% | $209,700 +4.7% |
| 2020 | $2,476 | $200,200 |
| 2019 | $2,476 +1.3% | $200,200 |
| 2018 | $2,444 +52.9% | -- |
| 2016 | $1,598 | -- |
| 2014 | $1,598 | -- |
| 2013 | -- | $100,000 |
| 2012 | -- | $100,000 -16.2% |
| 2011 | $1,672 -1.4% | $119,400 -22.7% |
| 2010 | $1,696 -8.8% | $154,400 -10.5% |
| 2009 | $1,860 -3.6% | $172,600 |
| 2008 | $1,930 +8.8% | -- |
| 2007 | $1,774 +2.5% | -- |
| 2006 | $1,730 +21.1% | -- |
| 2005 | $1,428 +8.8% | -- |
| 2004 | $1,312 -3% | -- |
| 2003 | $1,352 +21.4% | -- |
| 2002 | $1,114 -18% | -- |
| 2001 | $1,358 | -- |
Find assessor info on the county website
Neighborhood: 55372
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Nearby schools
GreatSchools rating
- 7/10Five Hawks Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Prior Lake High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$359,100
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Estimated market value
$359,100
- Minnesota
- Scott County
- Prior Lake
- 55372
- 4505 Colorado St SE
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