18908 Shady Ln S Minnetonka, MN 55345
Sparrow Neighborhood
5
Beds
2
Baths
2,488
Sq Ft
7,841
Sq Ft Lot
Highlights
- Family Room with Fireplace
- No HOA
- Home Gym
- Deephaven Elementary School Rated A
- Home Office
- Cul-De-Sac
About This Home
As of September 2022Wonderful location in the heart of the Lake Minnetonka area! Enjoy the Minnetonka Lifestyle! Close to parks, trails, Lake Minnetonka, and Excelsior! Rare value at this price point! Award winning Minnetonka Schools with Deephaven Elementary and East Middle School. Recent major additions and remodeling make this 4 bedroom, 2 bath home pop! New addition includes Home office (which qualifies as a 5th bedroom) and exercise room.Enjoy gleaming wood floors, updated kitchen, huge deck and oversized garage/workspace. Lower-level office and exercise room has a private entrance from the exterior. Invisible fence and accessories. Heated garage with workshop/studio and floor drain. Updated 150amp electrical service. Less than one block to Reich Park with a playground, open space, Tennis, and Basketball. Dock lottery available through the city of Minnetonka. This home is a must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,163
Year Built
- Built in 1951
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 100x178
- Cul-De-Sac
- Property has an invisible fence for dogs
- Wood Fence
Parking
- 2 Car Garage
- Heated Garage
- Tuck Under Garage
- Garage Door Opener
Home Design
- Metal Roof
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Sitting Room
- Combination Kitchen and Dining Room
- Home Office
- Home Gym
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- 150 Amp Service
- Iron Water Filter
Community Details
- No Home Owners Association
- Acorn Ridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 3011722230016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2022
Closed on
Sep 27, 2022
Sold by
Sponslier Lydia and Sponsilier Rioko
Bought by
Johnson Matthew and Johnson Egija
Seller's Agent
Clifford Love
Engel & Volkers Lake Minnetonka
Buyer's Agent
Vicki Peters
Coldwell Banker Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,090
Avg. Annual Appreciation
4.30%
Original Mortgage
$464,428
Outstanding Balance
$444,844
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$121,246
Purchase Details
Listed on
Aug 15, 2022
Closed on
Sep 21, 2022
Sold by
Sbonslier Rioko and Sbonslier Lydia
Bought by
Johnson Matthew and Johnson Egija
Seller's Agent
Clifford Love
Engel & Volkers Lake Minnetonka
Buyer's Agent
Vicki Peters
Coldwell Banker Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,428
Outstanding Balance
$444,844
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$121,246
Purchase Details
Closed on
May 15, 2022
Sold by
Alsdurf and Phyllis
Bought by
Sponslier Lydia and Sponslier Rioko
Purchase Details
Listed on
Jun 2, 2014
Closed on
Jul 11, 2014
Sold by
Eliason Dennis Dennis
Bought by
Alsdurf James James
Seller's Agent
Daniel Desrochers
Coldwell Banker Burnet
Buyer's Agent
Rebecca Norgaard
RE/MAX Results
List Price
$279,900
Sold Price
$279,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | -- | |
| Warranty Deed | $500,000 | Burnet Title | |
| Quit Claim Deed | $500 | None Listed On Document | |
| Deed | $279,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,428 | New Conventional | |
| Closed | $475,000 | New Conventional | |
| Previous Owner | $45,000 | Credit Line Revolving | |
| Previous Owner | $120,000 | Credit Line Revolving | |
| Previous Owner | $120,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2022 09/27/22 | Sold | $500,000 | +1.0% | $201 / Sq Ft |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- |
| 08/15/2022 08/15/22 | For Sale | $495,000 | +76.8% | $199 / Sq Ft |
| 07/21/2014 07/21/14 | Sold | $279,900 | 0.0% | $140 / Sq Ft |
| 06/14/2014 06/14/14 | Pending | -- | -- | -- |
| 06/02/2014 06/02/14 | For Sale | $279,900 | -- | $140 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,477 | $514,900 | $173,800 | $341,100 |
| 2022 | $4,163 | $374,900 | $173,800 | $201,100 |
| 2021 | $3,524 | $309,200 | $158,000 | $151,200 |
| 2020 | $3,667 | $266,400 | $158,000 | $108,400 |
| 2019 | $3,562 | $265,500 | $158,000 | $107,500 |
| 2018 | $3,184 | $257,600 | $158,000 | $99,600 |
| 2017 | $2,906 | $212,900 | $145,000 | $67,900 |
| 2016 | $2,752 | $202,500 | $125,000 | $77,500 |
| 2015 | $2,684 | $197,600 | $125,000 | $72,600 |
| 2014 | -- | $181,600 | $125,000 | $56,600 |
Source: Public Records
Agents Affiliated with this Home
-
Clifford Love
Seller's Agent in 2022
Clifford Love
Engel & Volkers Lake Minnetonka
(952) 474-2525
1 in this area
44 Total Sales
-
Katrina Dewit
Seller Co-Listing Agent in 2022
Katrina Dewit
Engel & Völkers Minneapolis
(612) 381-7194
1 in this area
123 Total Sales
-
Vicki Peters
Buyer's Agent in 2022
Vicki Peters
Coldwell Banker Realty
(763) 443-9084
2 in this area
104 Total Sales
-
D
Seller's Agent in 2014
Daniel Desrochers
Coldwell Banker Burnet
-
A
Seller Co-Listing Agent in 2014
Amy Lazere
Coldwell Banker Burnet
-
R
Buyer's Agent in 2014
Rebecca Norgaard
RE/MAX
Map
Source: NorthstarMLS
MLS Number: 6246270
APN: 30-117-22-23-0016
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