NOT LISTED FOR SALE

1330 1330 Cherry Place Orono, MN 55364

Estimated Value: $2,783,000 - $3,584,000

5 Beds
5.5 Baths
6,561 Sq Ft
$478/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $1,330,000 $203 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $19,972/month

64 Days on Market

Highlights

  • 183 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Hilltop Primary School Rated A
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of May 2013

Extraordinary views!183 ft. of lakshore & over 6500 fnished sq ft. of entertainment including theater rm & putting green in LL.Create fabulous memories w/ summers on the lake fishing,swimming,boating,siiting around a bon fire!48 hour notice to show

Last Agent to Sell the Property

Robert Beutler

RE/MAX Results Listed on: 03/14/2013

Last Buyer's Agent

Patty Yorks

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,843

Year Built

  • Built in 2007

Lot Details

  • 0.73 Acre Lot
  • 183 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • Central Vacuum
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0811723320026

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,843

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Driveway - Concrete, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 0.73
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1918
  • Mechanicals: Air to Air Exchange, Central Vacuum, Water Softener-Owned
  • Parcel Number: 0811723320026
  • Projected Closed Date: 05/30/2013
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Place
  • Taxes With Assessments: 20843
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Whirlpool
  • Total Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 6
  • Room 1: Living Room, 16x21, On Level: Main
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 3: Family Room, 21x18, On Level: Lower
  • Room 4: Kitchen, 19x13, On Level: Main
  • Room 5: Bedroom, 19x21, On Level: Upper
  • Room 6: Bedroom, 13x16, On Level: Upper
  • Room 7: 15x18, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Den/Office, 10x11, On Level: Main
  • Room 10: Foyer, 8x20, On Level: Main
  • Room 11: Great Room, 17x20, On Level: Main
  • Room 12: Dining Room, 15x16, On Level: Main
  • Room 13: Porch, 12x11, On Level: Main
  • Room 14: Pantry, 8x14, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 4643
  • Below Grade Finished Sq Ft: 1918
  • Total Fin Square Footage: 6561

Exterior Features

  • Frontage Road: City, Private
  • LakeAcres: 14652
  • Exterior: Brick, Cement Board, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 183
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 6

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 183Lx226x1

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2012
  • Tax Value: 20843

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 11, 2013
Sold by
Martinson James A and Martinson Linda M
Bought by
Yan Lin and Shi Yongli
Seller's Agent
Robert Beutler
RE/MAX Results
Buyer's Agent
Patty Yorks
Coldwell Banker Burnet
List Price
$1,368,000
Sold Price
$1,330,000
Premium/Discount to List
-$38,000
-2.78%
Current Estimated Value
$3,135,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,805,318
Avg. Annual Appreciation
7.31%

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 5, 2013
Sold by
Martinson James A and Martinson Linda M
Bought by
Yan Lin and Shi Yongli
Seller's Agent
Robert Beutler
RE/MAX Results
Buyer's Agent
Patty Yorks
Coldwell Banker Burnet
List Price
$1,368,000
Sold Price
$1,330,000
Premium/Discount to List
-$38,000
-2.78%

Purchase Details

Listed on
Mar 14, 2013
Closed on
May 30, 2013
Sold by
Martinson James James
Bought by
Amy Lin
Seller's Agent
Robert Beutler
RE/MAX Results
Buyer's Agent
Patty Yorks
Coldwell Banker Burnet
List Price
$1,368,000
Sold Price
$1,330,000
Premium/Discount to List
-$38,000
-2.78%

Purchase Details

Closed on
Feb 13, 2013
Sold by
Martinson James A and Martinson Linda M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 20, 2009
Sold by
Martinson James and Martinson Linda
Bought by
Plender Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,408,000
Interest Rate
5.32%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Sep 29, 2006
Sold by
Bull James G and Bull Kay E
Bought by
Martinson James A and Martinson Linda M
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
Yan Lin $1,290,882 Global Closing & Title Svcs
Yan Lin $1,290,882 Global Closing & Title Svcs
Martinson James A $1,038,032 Global Closing & Title Svcs
Amy Lin $1,330,000 --
Jpmorgan Chase Bank National Association $1,013,740 None Available
Plender Holdings Inc $2,408,000 --
Martinson James A $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Lin $484,350
Previous Owner Plender Holdings Inc $2,408,000
Previous Owner Bull James G $386,800
Previous Owner Bull James G $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $1,330,000 -2.8% $203 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $1,368,000 -- $209 / 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 $30,071 $2,915,000 $1,743,800 $1,171,200
2022 $20,160 $2,554,000 $1,585,000 $969,000
2021 $19,798 $1,853,000 $1,083,000 $770,000
2020 $19,101 $1,808,000 $1,052,000 $756,000
2019 $19,474 $1,647,000 $869,000 $778,000
2018 $20,201 $1,665,000 $920,000 $745,000
2017 $17,794 $1,451,000 $790,000 $661,000
2016 $17,529 $1,424,000 $815,000 $609,000
2015 $16,180 $1,294,000 $685,000 $609,000
2014 -- $1,421,000 $688,000 $733,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4449735

REALTOR® Association of Southern Minnesota

APN: 08-117-23-32-0026