NOT LISTED FOR SALE

1348 1348 Rest Point Cir Orono, MN 55364

Estimated Value: $2,066,000 - $2,580,288

4 Beds
4.5 Baths
4,756 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $1,107,500 $233 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $13,504/month

83 Days on Market

Highlights

  • 69 Feet of Waterfront
  • Heated Floors
  • Whirlpool Bathtub
  • Hilltop Primary School Rated A
  • Deck
  • 2 Car Attached Garage

About This Home

As of October 2013

Better than new with the utmost in quality, design and detail. Open, sun filled floorplan, impeccable selections and 20 x 20 sport court. Southern facing Lake Minnetonka lakeshore showcased beautifully by panoramic lake views from almost every room.

Last Agent to Sell the Property

Kathleen Murphy

Edina Realty, Inc. Listed on: 07/05/2013

Co-Listed By

Melissa Olmscheid

Edina Realty, Inc.

Last Buyer's Agent

Gregg Larsen

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,326

Year Built

  • Built in 2007

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 69x220
  • 69 Feet of Waterfront
  • Lake Front
  • Sprinkler System
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0711723310023

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,326

Year Built

Built in 2007

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: Deck, Driveway - Asphalt, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.32
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1911
  • Mechanicals: Air to Air Exchange, Central Vacuum, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 0711723310023
  • Projected Closed Date: 10/25/2013
  • Stories: 2 Story
  • Street Designation: Circle
  • Taxes With Assessments: 10326
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 19x19, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Family Room, 29x36, On Level: Lower
  • Room 4: Kitchen, 18x12, On Level: Main
  • Room 5: Bedroom, 29x16, On Level: Upper
  • Room 6: Bedroom, 15x12, On Level: Upper
  • Room 7: 16x11, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Den/Office, 14x10, On Level: Main
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3245
  • Below Grade Finished Sq Ft: 1511
  • Total Fin Square Footage: 4756

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Brick, Cement Board, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 69
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 69x220
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2013
  • Tax Value: 10326

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2019
Sold by
Becquer Kim M and Kim M Becquer Revocable Trust
Bought by
Scott Ryan P and Scott Corrin W
Current Estimated Value
$2,233,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Outstanding Balance
$60,221
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$2,173,351

Purchase Details

Listed on
Jul 5, 2013
Closed on
Nov 14, 2013
Sold by
Jones Ryan M and Jones Jamie
Bought by
Becquer Kim M
Seller's Agent
Kathleen Murphy
Edina Realty, Inc.
Buyer's Agent
Gregg Larsen
Coldwell Banker Burnet
List Price
$1,200,000
Sold Price
$1,107,500
Premium/Discount to List
-$92,500
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Jun 4, 2010
Sold by
Oliva John S
Bought by
Jones Ryan M

Purchase Details

Closed on
Jan 25, 2010
Sold by
Baldwin Iii Louis B
Bought by
Oliva John S

Purchase Details

Closed on
Jul 31, 2007
Sold by
T H Parker Inc
Bought by
Baldwin Iii Louis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,317,600
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2004
Sold by
Ace Properties Llc
Bought by
T H Parker Inc

Purchase Details

Closed on
Jun 26, 2002
Sold by
Hankinson Keith O and Hankinson Donna M
Bought by
Ace Properties Llc
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
Scott Ryan P $1,375,000 All American Title Company
Becquer Kim M $1,107,500 Burnet Title
Jones Ryan M $974,000 --
Oliva John S $810,000 --
Baldwin Iii Louis B $850,000 --
T H Parker Inc $550,000 --
Ace Properties Llc $433,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Ryan P $68,750
Open Scott Ryan P $1,100,000
Previous Owner Baldwin Iii Louis B $1,317,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Sold $1,107,500 -7.7% $233 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $1,200,000 -- $252 / 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 $21,750 $2,057,000 $1,122,000 $935,000
2023 $20,605 $2,025,600 $1,122,000 $903,600
2022 $15,029 $1,701,000 $912,000 $789,000
2021 $13,569 $1,404,000 $760,000 $644,000
2020 $13,955 $1,267,000 $624,000 $643,000
2019 $11,688 $1,227,000 $567,000 $660,000
2018 $12,020 $1,035,000 $525,000 $510,000
2017 $13,223 $1,051,000 $525,000 $526,000
2016 $12,631 $1,051,000 $570,000 $481,000
2015 $12,581 $1,026,000 $570,000 $456,000
2014 -- $829,000 $425,000 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4503515

REALTOR® Association of Southern Minnesota

APN: 07-117-23-31-0023