NOT LISTED FOR SALE

16623 16623 Meadowbrook Ln Minnetonka, MN 55391

Estimated Value: $902,000 - $980,000

4 Beds
2.5 Baths
2,706 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $430,000 $159 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,935/month

5 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Property is near public transit
  • Formal Dining Room
  • Groveland Elementary School Rated A
  • Wood Flooring
  • Woodwork

About This Home

As of May 2012

Superb Grays Bay Neighborhood location with frontage on Minnehaha Creek Marsh and association Lake access on Grays Bay and Libbs Lake. The views and wildlife are spectacular from the huge back yard. Walk around the lake or ski out the back door.

Last Agent to Sell the Property

Cynthia Grodahl

Realty Executives Associates Listed on: 04/13/2012

Last Buyer's Agent

Lane Larson

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,277

Year Built

  • 1960

Lot Details

  • 0.54 Acre Lot
  • 130 Feet of Waterfront
  • Irregular Lot
  • Landscaped with Trees

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 4-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Access to stream, creek or river
  • Patio

Location

  • Property is near public transit

Utilities

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

Community Details

  • Association fees include shared amenities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,277

Year Built

1960

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.54
  • Construction: Previously Owned
  • Foundation Size: 1736
  • Mechanicals: Water Softener-Owned
  • Projected Closed Date: 05/25/2012
  • Stories: 4+ Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 5221.22
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Dining Room: Combine with Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Indoor Grill, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x14, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 29x12, On Level: Lower
  • Room 4: Kitchen, 23x13, On Level: Main
  • Room 5: Bedroom, 16x13, On Level: Upper
  • Room 6: Bedroom, 15x12, On Level: Upper
  • Room 7: 14x11, On Level: Upper
  • Room 8: Bedroom, 13x10, On Level: Main
  • Room 9: Other, 8x6, On Level: Lower
  • Room 10: Utility Room, 31x10, On Level: Lower
  • Room 11: Foyer, 14x5, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2310
  • Below Grade Finished Sq Ft: 396
  • Total Fin Square Footage: 2706

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 130
  • Waterfront Description: Creek/Stream

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 250

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: S 87X224X1
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2012
Closed on
May 25, 2012
Sold by
Leeds Janet
Bought by
Crowther John D and Crowther Amy
Seller's Agent
Cynthia Grodahl
Realty Executives Associates
Buyer's Agent
Lane Larson
RE/MAX Results
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$938,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,228
Avg. Annual Appreciation
6.02%
Original Mortgage
$392,301
Outstanding Balance
$273,023
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$665,205
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
Crowther John D $430,000 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowther John D $392,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $430,000 +1.2% $159 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $425,000 -- $157 / 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 $11,277 $800,500 $540,700 $259,800
2023 $10,037 $757,200 $514,700 $242,500
2022 $8,284 $672,700 $429,000 $243,700
2021 $7,935 $586,800 $379,200 $207,600
2020 $7,497 $566,800 $361,200 $205,600
2019 $6,818 $520,600 $312,200 $208,400
2018 $6,476 $474,800 $289,000 $185,800
2017 $6,502 $445,400 $275,000 $170,400
2016 $6,522 $444,600 $247,500 $197,100
2015 $6,565 $444,900 $225,000 $219,900
2014 -- $398,100 $225,000 $173,100
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4119835

REALTOR® Association of Southern Minnesota

APN: 08-117-22-43-0010