NOT LISTED FOR SALE

15601 Summit Dr Eden Prairie, MN 55347

Estimated Value: $611,000 - $876,000

6 Beds
3 Baths
3,663 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $520,000 $142 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,811/month

20 Days on Market

Highlights

  • Lake Front
  • Deck
  • No HOA
  • Central Middle School Rated A
  • Family Room with Fireplace
  • Home Office

About This Home

As of October 2023

Incredible opportunity with 3,663FSF of living space that overlooks the serene, beautiful Red Rock Lk! Home is perfectly situated on a gorgeous 0.53-acre lot with so much potential with 6 BD & 4 BA – this is a unique opportunity in need of transformation & customization. Wonderful, spacious layout with vast windows, cozy fireplaces, walkout lower level with separate kitchen area, huge detached/insulated 4car garage & a partially fenced backyard. Nestled in a quiet, tranquil neighborhood with no thru street, this property presents a unique opportunity for those with a vision & a passion for restoration. Home has ample space throughout & is conveniently located near parks, trails, schools, shopping, restaurants & more! Don’t miss out on the chance to transform this diamond in the rough into a shining gem. This is being sold “as-is” & offers a rare opportunity for those with the passion & skills to breathe new life into it. This could be the canvas setting of your dream home on the lake!

Last Agent to Sell the Property

Ryan Platzke

Coldwell Banker Realty Brokerage Phone: 952-942-7777 Listed on: 09/27/2023

Coldwell Banker Realty

Co-Listed By

Brace Helgeson

Coldwell Banker Realty Brokerage Phone: 952-942-7777

Last Buyer's Agent

Matthew Turek

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,318

Year Built

  • Built in 1959

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 266x62x85x54x96x37x21x39x20
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Few Trees

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Utility Room
  • Washer and Dryer Hookup
  • Lake Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Red Rock Lake 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2111622220055

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,318

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1947
  • Water Body Name: Red Rock
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-942-7777
  • Attribution Contact: 952-942-7777
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Storage Space, Walkout
  • Appliances: Exhaust Fan
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 3663
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1716
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Patio, Bedroom 4, Bedroom 5, Bedroom 6, Den, Deck, Utility Room, Office, Kitchen- 2nd
  • SqFtTotal: 3865.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Partial
  • View: Lake
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio
  • Lake Acres: 96
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Shared Driveway, Garage Door Opener, Insulated Garage, Storage
  • Garage Square Feet: 969
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Main Floor Primary Bedroom,Natural Woodwork,Patio,Panoramic View,Satelite Dish,Sun Room,Washer/Dryer Hookup,Wet Bar

Schools

  • Junior High Dist: Eden Prairie
  • SchoolDistrictNumber: 272
  • SchoolDistrictPhone: 952-975-7000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 266x62x85x54x96x37x21x39x20
  • Lot Size Sq Ft: 23086.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2111622220055
  • Tax Annual Amount: 7318
  • TaxWithAssessments: 7318.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 17, 2023
Sold by
The Diane E Simons And William W Dredg
Bought by
Udermann Joseph and Udermann Lori
Seller's Agent
Ryan Platzke
Coldwell Banker Realty
Buyer's Agent
Matthew Turek
RE/MAX Advantage Plus
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%
Views
60
Current Estimated Value
$742,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,687
Avg. Annual Appreciation
21.65%

Purchase Details

Closed on
May 30, 2018
Sold by
Dradge William W and Simons Diane E
Bought by
Dredge William W and Simons Diane E
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
Udermann Joseph $520,000 --
Dredge William W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dredge William W $105,040
Previous Owner Dredge William W $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $520,000 -12.6% $142 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $595,000 -- $162 / Sq Ft
Source: NorthstarMLS

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 $9,262 $765,900 $386,100 $379,800
2022 $6,907 $618,900 $381,600 $237,300
2021 $6,858 $550,600 $339,500 $211,100
2020 $6,927 $550,600 $339,500 $211,100
2019 $6,696 $539,900 $332,900 $207,000
2018 $6,925 $519,100 $320,000 $199,100
2017 $7,028 $524,100 $297,600 $226,500
2016 $7,084 $524,100 $297,600 $226,500
2015 $6,962 $499,300 $283,500 $215,800
2014 -- $475,600 $270,000 $205,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6438876

NorthstarMLS

APN: 21-116-22-22-0055