NOT LISTED FOR SALE

18000 18000 Fairhomes-Lane- Deephaven, MN 55391

Estimated Value: $926,000 - $1,192,000

3 Beds
2 Baths
2,184 Sq Ft
$495/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $341,000 $156 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $6,699/month

101 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Corner Lot
  • Deephaven Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Thorpe Park

About This Home

As of May 2013

Beautiful one story in Deephaven! Convenient location near 494 and Lake Minnetonka. Hardwood floors and fresh paint throughout. Main level master suite with three quarter private master bath. Lots of natural sunlight throughout. Deck and patio.A must see!

Last Agent to Sell the Property

Cynthia Hanson Welu

RE/MAX Advantage Plus Listed on: 01/31/2013

Co-Listed By

Joseph Welu

RE/MAX Advantage Plus

Last Buyer's Agent

Brian Gute

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Year Built

  • 1953

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 196x137x19
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Skylights
  • Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 1811722430020

Home Details

Home Type

Single Family

Year Built

1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Natural Woodwork, Skylight, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.6
  • Construction: Previously Owned
  • Foundation Size: 1584
  • Parcel Number: 1811722430020
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x14, On Level: Main
  • Room 2: Dining Room, 20x12, On Level: Main
  • Room 3: Family Room, 24x14, On Level: Main
  • Room 4: Kitchen, 17x9, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 7: 8x11, On Level: Main
  • Room 9: Den/Office, 12x8, On Level: Lower
  • Room 10: Rec Room, 22x10, On Level: Lower
  • Room 11: Laundry Room, 7x7, On Level: Lower
  • Room 12: Deck, 24x10, On Level: Main
  • Basement Features: Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1584
  • Below Grade Finished Sq Ft: 600
  • Total Fin Square Footage: 2184

Exterior Features

  • Frontage Road: City, Dead End/No Outlet
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 196x137x19
  • Lot/Land Description: Corner Lot, Cul De Sac, Pub. Trans (w/in 6 blks), Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2013
Closed on
May 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Damask Ryan and Damask Naomi
Seller's Agent
Cynthia Hanson Welu
RE/MAX Advantage Plus
Buyer's Agent
Brian Gute
RE/MAX Advantage Plus
List Price
$420,000
Sold Price
$341,000
Premium/Discount to List
-$79,000
-18.81%
Current Estimated Value
$1,081,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,319
Avg. Annual Appreciation
9.60%
Original Mortgage
$330,750
Outstanding Balance
$233,698
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$847,621

Purchase Details

Closed on
May 8, 2012
Sold by
Hammond Seth
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 4, 2003
Sold by
Paulick Adam and Paulick Andrea
Bought by
Hammond Seth and Hammond Carol

Purchase Details

Closed on
Jun 27, 2001
Sold by
Ryan Sean and Ryan Deborah G
Bought by
Paulick Adam

Purchase Details

Closed on
Sep 26, 1996
Sold by
Hoiseth Mark W and Hoiseth Laura Jean
Bought by
Ryan Sean G and Ryan Deborah G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Damask Ryan -- Signature Title Midwest Serv
Bank Of America Na $432,405 --
Bank Of America Na $432,404 None Available
Hammond Seth $305,000 --
Paulick Adam $309,000 --
Ryan Sean G $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damask Ryan $330,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2013 05/30/13 Sold $341,000 -18.8% $156 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $420,000 -- $192 / 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 $12,403 $1,019,000 $302,400 $716,600
2023 $11,359 $982,500 $302,400 $680,100
2022 $9,125 $878,000 $240,000 $638,000
2021 $8,526 $729,000 $209,000 $520,000
2020 $8,777 $686,000 $189,000 $497,000
2019 $8,466 $679,000 $187,000 $492,000
2018 $8,753 $661,000 $187,000 $474,000
2017 $8,826 $679,000 $187,000 $492,000
2016 $5,767 $458,000 $182,000 $276,000
2015 $4,740 $376,000 $180,000 $196,000
2014 -- $291,000 $127,000 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4435678

REALTOR® Association of Southern Minnesota

APN: 18-117-22-43-0020