NOT LISTED FOR SALE

10531 10531 Cedar Lake Road-- Minnetonka, MN 55305

Estimated Value: $233,000 - $251,129

3 Beds
2 Baths
1,680 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $130,000 $77 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,014/month

30 Days on Market

Highlights

  • Indoor Pool
  • Tennis Courts
  • Deck
  • Hopkins Senior High School Rated A-
  • Building Security
  • Sauna

About This Home

As of May 2013

Top floor unit w/huge decks overlooking green space. Home is freshly painted & offers great space & amenities for the price! 3 lrg bedrooms & in-unit lndry. Enjoy indoor & outdoor pools, tennis courts, exercise rm & party rm. No pets. Quick closing is ok.

Last Agent to Sell the Property

Niki Moeller

RE/MAX Results Listed on: 12/29/2012

Last Buyer's Agent

Nanette Flynn

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,768

Year Built

  • 1978

HOA Fees

  • $497 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 1,680 Sq Ft Home
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Accessible Home Design

  • Wheelchair Access

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 1211722340157

Community Details

Overview

  • Association fees include electricity, exterior maintenance, security staff, security system, shared amenities, snow removal, trash, water, air conditioning, heat
  • High-Rise Condominium
  • Car Wash Area

Amenities

  • Sauna
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Building Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,768

Year Built

1978

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC High Rise 4+ Level
  • Ada Features: Partially Wheelchair
  • Amenities: Garage Door Opener, Security System, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Tennis Courts
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1680
  • Parcel Number: 1211722340157
  • Unit: 514
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x16, On Level: Main
  • Room 2: Dining Room, 10x10, On Level: Main
  • Room 4: Kitchen, 17x10, On Level: Main
  • Room 5: Bedroom, 19x14, On Level: Main
  • Room 6: Bedroom, 13x13, On Level: Main
  • Room 7: 13x11, On Level: Main
  • Room 9: Deck, 28x6
  • Room 10: Deck, 28x6
  • Finished Above Grade Sq Ft: 1680
  • Total Fin Square Footage: 1680

Exterior Features

  • Exterior: Brick, Stucco
  • Pool: In-Ground, Indoor, Outdoor, Shared

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Heat: Baseboard

Condo/Co-op/Association

  • HOA Fee Includes: Electricity, Exterior Maintenance, Security Staff, Security System, Shared Amenities, Snow Removal, Trash, Water, Air Conditioning, Heat
  • Shared: Car Wash, Elevator(s), Hot Tub, Sauna, Security Building, Tennis Courts
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 497

Lot Info

  • Estimated Lot Dimensions: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Nelson Monica J
Bought by
Hilbelink Mike
Current Estimated Value
$244,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Outstanding Balance
$138,383
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$105,899

Purchase Details

Listed on
Dec 29, 2012
Closed on
Apr 23, 2013
Sold by
Goldfein Melvin M
Bought by
Nelson Monica J
Seller's Agent
Niki Moeller
RE/MAX Results
Buyer's Agent
Nanette Flynn
Edina Realty, Inc.
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$125,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2012
Closed on
Apr 16, 2013
Sold by
Schwartz James S
Bought by
Nelson Monica J
Seller's Agent
Niki Moeller
RE/MAX Results
Buyer's Agent
Nanette Flynn
Edina Realty, Inc.
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hilbelink Mike $215,000 Burnet Title
Nelson Monica J $62,555 None Available
Nelson Monica J $62,555 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilbelink Mike $150,500
Previous Owner Nelson Monica J $125,000
Previous Owner Nelson Monica J $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $130,000 +4.0% $77 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
12/29/2012 12/29/12 For Sale $125,000 -- $74 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,768 $225,800 $44,000 $181,800
2023 $2,719 $230,000 $44,000 $186,000
2022 $2,457 $215,000 $44,000 $171,000
2021 $2,229 $211,400 $40,000 $171,400
2020 $2,329 $196,500 $40,000 $156,500
2019 $1,939 $194,700 $40,000 $154,700
2018 $1,894 $168,400 $40,000 $128,400
2017 $1,733 $147,200 $29,000 $118,200
2016 $1,906 $155,200 $29,000 $126,200
2015 $1,480 $125,100 $10,000 $115,100
2014 -- $111,100 $10,000 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4426719

REALTOR® Association of Southern Minnesota

APN: 12-117-22-34-0157