NOT LISTED FOR SALE

1065 1065 Ferndale Rd W Orono, MN 55391

Estimated Value: $3,090,739 - $4,508,000

6 Beds
6 Baths
5,676 Sq Ft
$670/Sq Ft Est. Value

Last Sold November 06, 2013

Last sale price $2,200,000 $388 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $23,630/month

102 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Docks
  • Deck
  • Schumann Elementary School Rated A-
  • Heated Floors
  • Formal Dining Room

About This Home

As of November 2013

Ferndale's finest. Coveted location,160 ft of superb lakeshore. Ideal building site or update. Private setting in midst of Brown's Bay. Thoughtfully built w/ careful eye towards versatile floorplan, quality finishes and lake views from every room.

Last Agent to Sell the Property

Debbie McNally

Lakes Sotheby's International Listed on: 06/20/2013

Last Buyer's Agent

Michael Wille

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,275

Year Built

  • Built in 1997

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 79x286x160
  • 160 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 0211723430021

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,275

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Dock, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 0.98
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 2532
  • Parcel Number: 0211723430021
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Bathroom Description: Full Basement, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master
  • Total Bathrooms: 6
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Room 1: Living Room, 21x16, On Level: Main
  • Room 2: Dining Room, 18x15, On Level: Main
  • Room 3: Family Room, 16x15, On Level: Main
  • Room 4: Kitchen, 20x15, On Level: Main
  • Room 5: Bedroom, 16x16, On Level: Main
  • Room 6: Bedroom, 15x14, On Level: Upper
  • Room 7: 16x12, On Level: Upper
  • Room 8: Bedroom, 10x6, On Level: Lower
  • Room 9: Bedroom, 16x13, On Level: Lower
  • Room 10: Bedroom, 18x16, On Level: Lower
  • Room 11: Laundry Room, 10x9, On Level: Main
  • Room 12: Family Room, 41x15, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3706
  • Below Grade Finished Sq Ft: 1970
  • Total Fin Square Footage: 5676

Exterior Features

  • Frontage Road: Private
  • LakeAcres: 14652
  • Exterior: Brick, Stucco
  • Roof: Wood Shingles
  • Waterfront: Yes
  • Water Frontage: 160
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 79x286x160
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2012
  • Tax Value: 38275

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2013
Closed on
Oct 28, 2013
Sold by
Nelson Thomas P and Nelson Jane B
Bought by
Detor Lucas and Detor Elizabeth
Seller's Agent
Debbie McNally
Lakes Sotheby's International
Buyer's Agent
Michael Wille
Coldwell Banker Burnet
List Price
$3,475,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,275,000
-36.69%
Current Estimated Value
$3,803,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,603,913
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,760,000
Outstanding Balance
$446,948
Interest Rate
3.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,356,965

Purchase Details

Closed on
Jan 3, 2012
Sold by
Nelson Jane B and Nelson Thomas P
Bought by
Nelson Thomas P and Nelson Jane B

Purchase Details

Closed on
Jun 18, 1996
Sold by
Groves Franklin N and Groves Carolyn T
Bought by
Nelson Jane B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Detor Lucas $2,200,000 Burnet Title
Nelson Thomas P -- None Available
Nelson Jane B $1,135,000 --
Groves Franklin N $995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detor Lucas $1,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2013 11/06/13 Sold $2,200,000 -36.7% $388 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $3,475,000 -- $612 / 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 $44,883 $3,864,200 $2,872,100 $992,100
2023 $42,979 $3,842,800 $2,872,100 $970,700
2022 $37,869 $3,189,000 $2,376,000 $813,000
2021 $36,528 $2,998,000 $2,340,000 $658,000
2020 $35,475 $2,904,000 $2,272,000 $632,000
2019 $37,398 $2,704,000 $2,066,000 $638,000
2018 $37,774 $2,802,000 $2,180,000 $622,000
2017 $39,008 $2,829,000 $2,180,000 $649,000
2016 $34,819 $2,532,000 $2,138,000 $394,000
2015 $35,992 $2,616,000 $2,138,000 $478,000
2014 -- $2,577,000 $2,138,000 $439,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Debbie McNally

    Lakes Sotheby's International

  • M

    Buyer's Agent in 2013

    Michael Wille

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4497654

REALTOR® Association of Southern Minnesota

APN: 02-117-23-43-0021

Minnesota Hennepin County Orono 55391

1065 1065 Ferndale Rd W, Orono, MN

Not Listed for Sale

Detached

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