NOT LISTED FOR SALE

160 160 Gideons Point Rd Tonka Bay, MN 55331

Estimated Value: $2,194,116 - $2,327,000

5 Beds
4.5 Baths
5,256 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $1,000,000 $190 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $14,345/month

52 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Minnewashta Elementary School Rated A
  • 1.08 Acre Lot
  • Vaulted Ceiling

About This Home

As of August 2013

Start enjoying Lake Minnetonka now with the ease & low maintenance of deeded access & a private dock! This spectacular custom built home in Gideon's Point offers a bright, open floor plan with 4 bedrooms up, main floor office & great entertaining spaces.

Last Agent to Sell the Property

Patti Jo Hermann

Edina Realty, Inc. Listed on: 05/24/2013

Co-Listed By

Matthew Hermann

Edina Realty, Inc.

Last Buyer's Agent

Kathleen Murphy

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,446

Year Built

  • Built in 1999

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 214x86x341
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Walk-Out Basement
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Community Details

  • Association fees include shared amenities

Listing and Financial Details

  • Assessor Parcel Number 2711723230108

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,446

Year Built

Built in 1999

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 1.08
  • Assessment Balance: 13446
  • Construction: Previously Owned
  • Foundation Size: 2088
  • Mechanicals: Air to Air Exchange, Central Vacuum, Furnace Humidifier
  • Parcel Number: 2711723230108
  • Projected Closed Date: 08/19/2013
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 13618
  • Comp Dev Subdiv Name: Gideons Point
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level Bath, Walk Thru, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 5
  • Room 1: Living Room, 14x12, On Level: Main
  • Room 2: Dining Room, 14x14, On Level: Main
  • Room 3: Family Room, 19x17, On Level: Main
  • Room 4: Kitchen, 19x15, On Level: Main
  • Room 5: Bedroom, 19x15, On Level: Upper
  • Room 6: Bedroom, 14x13, On Level: Upper
  • Room 7: 14x13, On Level: Upper
  • Room 8: Bedroom, 13x11, On Level: Upper
  • Room 9: Bedroom, 11x10, On Level: Lower
  • Room 10: Rec Room, 36x19, On Level: Lower
  • Room 11: Deck, 12x11, On Level: Main
  • Room 12: 4 Season Porch, 13x11, On Level: Main
  • Room 13: Den/Office, 12x12, On Level: Main
  • Room 14: Rec Room, 24x14, On Level: Lower
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 3619
  • Below Grade Finished Sq Ft: 1637
  • Total Fin Square Footage: 5256

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • LakeAcres: 14652
  • Exterior: Brick, Wood
  • Roof: Wood Shingles
  • Waterfront Description: Deeded Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 450

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 214x86x341
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2013
  • Tax Value: 13446

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Schmidt Moldrem Jeneen Marie
Bought by
Nellis Ryan and Nellis Danielle
Total Days on Market
52
Current Estimated Value
$2,235,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$270,192
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$2,043,574

Purchase Details

Closed on
Apr 25, 2018
Sold by
Jones Ryan Michael and Jones Jamie Morgan
Bought by
Molldren Kevin and Molldren Mjeneen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2013
Closed on
Aug 19, 2013
Sold by
Andersen Roger D and Andersen Elizabeth M
Bought by
Jones Ryan Michael and Jones Jamie Morgan
Seller's Agent
Patti Jo Hermann
Edina Realty, Inc.
Buyer's Agent
Kathleen Murphy
Edina Realty, Inc.
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$749,999
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 1999
Sold by
Gideon Point Ltd Partnership
Bought by
Anderson Roger and Anderson Elizabeth
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
Nellis Ryan $1,551,000 Executive Title Services
Molldren Kevin $1,150,000 Burnet Title
Jones Ryan Michael $1,000,000 Edina Realty Title Inc
Anderson Roger $231,000 --
Nellis Ryan Ryan $1,551,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nellis Ryan $300,000
Closed Nellis Ryan $300,000
Open Nellis Ryan $510,400
Closed Schmidt Molldrem Jeneen Marie $145,984
Previous Owner Schmidt Molldrem Jenee Marie $915,000
Previous Owner Molldren Kevin $862,500
Previous Owner Jones Ryan Michael $417,000
Previous Owner Jones Ryan Michael $749,999
Closed Nellis Ryan Ryan $810,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2013 08/19/13 Sold $1,000,000 -4.7% $190 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $1,049,000 -- $200 / 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 $21,069 $1,801,600 $701,800 $1,099,800
2022 $17,920 $1,680,000 $732,000 $948,000
2021 $17,671 $1,388,000 $647,000 $741,000
2020 $16,522 $1,355,000 $647,000 $708,000
2019 $14,717 $1,213,000 $528,000 $685,000
2018 $16,880 $1,075,000 $528,000 $547,000
2017 $13,677 $995,000 $440,000 $555,000
2016 $13,396 $961,000 $440,000 $521,000
2015 $13,423 $961,000 $440,000 $521,000
2014 -- $875,000 $385,000 $490,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patti Jo Hermann

    Edina Realty, Inc.

  • M

    Seller Co-Listing Agent in 2013

    Matthew Hermann

    Edina Realty, Inc.

  • K

    Buyer's Agent in 2013

    Kathleen Murphy

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4483948

REALTOR® Association of Southern Minnesota

APN: 27-117-23-23-0108

Minnesota Hennepin County Tonka Bay 55331

160 160 Gideons Point Rd, Tonka Bay, MN

This home is located at 160 160 Gideons Point Rd, Tonka Bay, MN 55331 since 24 May 2013 and is currently estimated at $2,235,779, approximately $425 per square foot. This property was built in 1999. 160 160 Gideons Point Rd is a home located in Hennepin County with nearby schools including Minnewashta Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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