NOT LISTED FOR SALE

1169 Summit Ave Mahtomedi, MN 55115

Estimated Value: $559,000 - $816,000

2 Beds
2 Baths
2,828 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $250,000 $88 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $4,437/month

6 Days on Market

Highlights

  • Spa
  • Sauna
  • Vaulted Ceiling
  • O.H. Anderson Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2012

From the cathedral ceilings liv/great rm w/ see through fireplace to huge dining room this home offers much for the discerning buyer. Main flr office, 2 brs up, heated tile bath, non conforming br down, fam rm, work area, sauna on .52 acres w/ 3 car gar

Last Agent to Sell the Property

Richard Bair

Edina Realty, Inc. Listed on: 03/30/2012

Last Buyer's Agent

John Monette

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,958

Year Built

  • 1922

Lot Details

  • 0.52 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Sauna
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,958

Year Built

1922

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Hot Tub, Sauna, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Hot Tub, Patio, Porch, Sauna
  • Estimated Number of Acres: 0.52
  • Assessment Balance: 3
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1582
  • Mechanicals: Water Softener-Owned
  • Projected Closed Date: 05/24/2012
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 3366
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 21x18, On Level: Main
  • Room 2: Dining Room, 21x14, On Level: Main
  • Room 4: Kitchen, 20x13, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: 15x13, On Level: Lower
  • Room 9: Sunroom/Solarium, 12x10, On Level: Main
  • Room 10: Den/Office, 14x8, On Level: Main
  • Room 11: Spa/Sauna, 8x6, On Level: Lower
  • Room 12: Rec Room, 23x11, On Level: Lower
  • Room 13: Workshop, 12x10, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2378
  • Below Grade Finished Sq Ft: 450
  • Total Fin Square Footage: 2828

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Stucco, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Mahtomedi #832

Lot Info

  • Estimated Lot Dimensions: Common
  • Lot/Land Description: Corner Lot, Irregular Lot, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
May 24, 2012
Sold by
Demulling Michelle F
Bought by
Buonincontro Guy and Buonincontro Megan
Seller's Agent
Richard Bair
Edina Realty, Inc.
Buyer's Agent
John Monette
Edina Realty, Inc.
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Total Days on Market
6
Current Estimated Value
$689,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,038
Avg. Annual Appreciation
8.10%
Original Mortgage
$237,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Buonincontro Guy $250,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buonincontro Guy $410,000
Closed Buonincontro Megan $302,400
Closed Buonincontro Guy $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $250,000 -7.4% $88 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $269,900 -- $95 / 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
2023 $6,958 $591,500 $189,800 $401,700
2022 $6,696 $585,300 $193,000 $392,300
2021 $5,586 $470,500 $157,500 $313,000
2020 $5,978 $398,400 $165,000 $233,400
2019 $5,914 $421,200 $172,300 $248,900
2018 $5,222 $394,700 $150,500 $244,200
2017 $5,110 $364,200 $140,500 $223,700
2016 $5,272 $335,700 $162,000 $173,700
2015 $5,092 $309,700 $129,900 $179,800
2013 -- $274,600 $115,700 $158,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4115731

REALTOR® Association of Southern Minnesota

APN: 20-030-21-31-0058