NOT LISTED FOR SALE

1185 1185 Tonkawa-Road- Orono, MN 55356

Estimated Value: $2,570,132 - $4,190,000

4 Beds
3.5 Baths
4,216 Sq Ft
$800/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $1,340,000 $318 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $20,072/month

27 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Docks
  • Deck
  • Schumann Elementary School Rated A-
  • Heated Floors
  • Property is near public transit

About This Home

As of May 2013

Enjoy the beauty of spectacular sunsets & sparkling water with 130' firm, sandy Lake Minnetonka shoreline! 3/4 Acre park-like setting offers gorgeous views & sense of privacy. Inviting home with "up North" appeal. Expanded & remodeled 1999-org built 1953.

Last Agent to Sell the Property

Katheryn Sawicki

Coldwell Banker Burnet Listed on: 02/07/2013

Co-Listed By

James Sawicki

Coldwell Banker Burnet

Last Buyer's Agent

Patty Morris

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,604

Year Built

  • 1999

Lot Details

  • 0.74 Acre Lot
  • 130 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0811723130017

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,604

Year Built

1999

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.74
  • Construction: Previously Owned
  • Foundation Size: 2711
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 0811723130017
  • Projected Closed Date: 05/24/2013
  • Stories: 2 Story
  • Taxes With Assessments: 18054
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 20x15, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 15x14, On Level: Main
  • Room 4: Kitchen, 13x10, On Level: Main
  • Room 5: Bedroom, 18x15, On Level: Upper
  • Room 6: Bedroom, 13x13, On Level: Main
  • Room 7: 13x12, On Level: Main
  • Room 8: Bedroom, 13x12, On Level: Main
  • Room 9: Dining Room, 12x9, On Level: Main
  • Room 10: Foyer, 11x11, On Level: Main
  • Room 11: Other, 20x15, On Level: Lower
  • Room 12: Rec Room, 19x18, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 3241
  • Below Grade Finished Sq Ft: 975
  • Total Fin Square Footage: 4216

Exterior Features

  • Frontage Road: Paved
  • LakeAcres: 14652
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 130
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: W 130X250X
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 22, 2013
Sold by
Renard Michael T and Renard Deborah S
Bought by
Margarit Gregory M and Margarit Julie M
Seller's Agent
Katheryn Sawicki
Coldwell Banker Burnet
Buyer's Agent
Patty Morris
Coldwell Banker Burnet
List Price
$1,395,000
Sold Price
$1,340,000
Premium/Discount to List
-$55,000
-3.94%
Current Estimated Value
$3,372,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,032,711
Avg. Annual Appreciation
7.71%
Original Mortgage
$417,000
Outstanding Balance
$294,639
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$3,078,072
Source: Public Records

Range of Values:

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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
Margarit Gregory M $1,300,588 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margarit Gregory M $417,000
Previous Owner Margarit Gregory M $606,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $1,340,000 -3.9% $318 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $1,395,000 -- $331 / 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 $28,604 $2,493,500 $2,000,800 $492,700
2023 $27,492 $2,488,700 $2,000,800 $487,900
2022 $22,399 $2,338,000 $1,906,000 $432,000
2021 $21,776 $1,808,000 $1,466,000 $342,000
2020 $20,936 $1,765,000 $1,423,000 $342,000
2019 $18,263 $1,630,000 $1,294,000 $336,000
2018 $17,097 $1,411,000 $1,089,000 $322,000
2017 $17,211 $1,295,000 $1,089,000 $206,000
2016 $16,973 $1,278,000 $1,089,000 $189,000
2015 $16,957 $1,278,000 $1,089,000 $189,000
2014 -- $1,243,000 $1,062,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4438136

REALTOR® Association of Southern Minnesota

APN: 08-117-23-13-0017