NOT LISTED FOR SALE

16008 16008 Adeline Ln Minnetonka, MN 55391

Estimated Value: $989,347 - $1,362,000

5 Beds
3.5 Baths
5,002 Sq Ft
$222/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $615,000 $123 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,109/month

119 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Patio
  • Gleason Lake Elementary School Rated A
  • 2 Car Attached Garage
  • Landscaped with Trees

About This Home

As of January 2014

SHOWS TO PERFECTION. MAINTAINED & UPDATED TO 2013 BLT HOMES. BEAUTIFUL ACRE LOT NEAR WAYZATA. GRACIOUS FOYER, FORMAL LIV & DINING RMS. BALCONY OVERLOOKS FAM.RM & SOLARIUM. 2 BRS ON MAIN, 3 BRS ON UPPER, WALKOUT-AMUS, 2 OFFICES, GAME RM, EXERCISE RM.

Last Listed By

Peggy James

Coldwell Banker Burnet Listed on: 09/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,171

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Storage Shed

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0511722440032

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,171

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Driveway - Asphalt, Patio
  • Estimated Number of Acres: 1
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 2286
  • Parcel Number: 0511722440032
  • Projected Closed Date: 01/24/2014
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 8171
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 20x16, On Level: Main
  • Room 2: Dining Room, 16x15, On Level: Main
  • Room 3: Family Room, 18x16, On Level: Main
  • Room 4: Kitchen, 16x9, On Level: Main
  • Room 5: Bedroom, 20x12, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Main
  • Room 7: 13x12, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Room 9: Bedroom, 12x10, On Level: Upper
  • Room 10: Dining Room, 11x11, On Level: Main
  • Room 11: Sunroom/Solarium, 18x17, On Level: Main
  • Room 12: Rec Room, 22x15, On Level: Lower
  • Room 13: Den/Office, 20x12, On Level: Lower
  • Room 14: Rec Room, 18x15, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3206
  • Below Grade Finished Sq Ft: 1796
  • Total Fin Square Footage: 5002

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco, Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Wayzata #284

Lot Info

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

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2013
  • Tax Value: 8171

MLS Schools

  • School District: Wayzata #284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2013
Closed on
Jan 24, 2014
Sold by
Lunt James and Lunt Gail
Bought by
Ray Gautam
Seller's Agent
Peggy James
Coldwell Banker Burnet
Buyer's Agent
Gregg Larsen
Coldwell Banker Burnet
List Price
$659,900
Sold Price
$615,000
Premium/Discount to List
-$44,900
-6.8%
Total Days on Market
119
Current Estimated Value
$1,110,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,087
Avg. Annual Appreciation
5.34%
Original Mortgage
$492,000
Outstanding Balance
$378,375
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$731,712

Range of Values:

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Average Value
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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
Ray Gautam $615,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ray Gautam $50,000
Open Ray Gautam $492,000
Previous Owner Lunt James $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $615,000 -6.8% $123 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $659,900 -- $132 / 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 $10,744 $841,200 $317,900 $523,300
2022 $9,148 $809,300 $317,900 $491,400
2021 $8,925 $653,900 $289,000 $364,900
2020 $9,281 $643,200 $289,000 $354,200
2019 $9,017 $644,500 $289,000 $355,500
2018 $8,705 $632,200 $289,000 $343,200
2017 $7,716 $545,300 $213,700 $331,600
2016 $7,099 $502,900 $165,000 $337,900
2015 $7,013 $485,000 $150,000 $335,000
2014 -- $506,800 $150,000 $356,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4531887

REALTOR® Association of Southern Minnesota

APN: 05-117-22-44-0032