NOT LISTED FOR SALE

1925 Lakeview Terrace Orono, MN 55356

Estimated Value: $725,000 - $1,111,000

4 Beds
2.5 Baths
3,311 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $499,900 $151 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,319/month

8 Days on Market

Highlights

  • 1.03 Acre Lot
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Schumann Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of November 2013

Custom built 4BR on lush, private 1 acre lot w/ modern interiors & high-end finishes. Main lvl Master w/ luxury BA Suite, vaulted LR w/gas fplc, cozy den, gourmet eat-in kit & laundry. 3 BRs up w/full BA, loft & huge FR. Near parks, trails, Orono schools!

Last Agent to Sell the Property

Joshua Sprague

Edina Realty, Inc. Listed on: 10/07/2013

Last Buyer's Agent

Kevin Mullen

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,472

Year Built

  • 2005

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 300x167x27
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,311 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Drain
  • Crawl Space

Parking

  • 4 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 2711823420014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,472

Year Built

2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 1.03
  • Construction: Previously Owned
  • Foundation Size: 1969
  • Mechanicals: Air to Air Exchange, Water Softener-Rented
  • Parcel Number: 2711823420014
  • Projected Closed Date: 11/08/2013
  • Stories: 2 Story
  • Street Designation: Terrace
  • Taxes With Assessments: 4279
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x17, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 22x17, On Level: Upper
  • Room 4: Kitchen, 14x13, On Level: Main
  • Room 5: Bedroom, 16x14, On Level: Main
  • Room 6: Bedroom, 14x13, On Level: Upper
  • Room 7: 14x13, On Level: Upper
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: Den/Office, 15x13, On Level: Main
  • Room 10: Loft, 11x10, On Level: Upper
  • Basement Features: Drainage System, Sump Pump
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 3311
  • Total Fin Square Footage: 3311

Exterior Features

  • Exterior: Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tandem
  • Garage Capacity: 4

Utilities

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

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: 300x167x27
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
Reuter Taryn S and Reuter Venessa Rae
Bought by
Gerchikov Boris and Gerchikov Natalya
Current Estimated Value
$857,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2013
Closed on
Nov 7, 2013
Sold by
Netishen Steven M
Bought by
Reuter Taryn S and Reuter Venessa Rae
Seller's Agent
Joshua Sprague
Edina Realty, Inc.
Buyer's Agent
Kevin Mullen
Lakes Sotheby's International
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$399,920
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2009
Sold by
Lake Community Bank
Bought by
Netishen Kelly M and Netishen Steven M

Purchase Details

Closed on
Mar 5, 2007
Sold by
Homes By Joe Inc
Bought by
Hewitt Gregory Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Interest Rate
9%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 7, 2005
Sold by
Bower Mildred
Bought by
Homes By Joe Inc
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
Gerchikov Boris $525,000 Titlenexus Llc
Reuter Taryn S $499,900 Titlenexus Llc
Netishen Kelly M $380,000 --
Hewitt Gregory Marion $724,222 --
Homes By Joe Inc $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerchikov Boris $372,000
Closed Gerchikov Boris $417,000
Previous Owner Reuter Taryn S $399,920
Previous Owner Hewitt Gregory Marion $662,000
Previous Owner Homes By Joe Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2013 11/08/13 Sold $499,900 0.0% $151 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $499,900 -- $151 / 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 $7,472 $738,200 $199,500 $538,700
2022 $6,136 $655,000 $152,000 $503,000
2021 $5,934 $557,000 $142,000 $415,000
2020 $5,788 $542,000 $137,000 $405,000
2019 $5,706 $511,000 $121,000 $390,000
2018 $5,857 $498,000 $121,000 $377,000
2017 $5,737 $485,000 $116,000 $369,000
2016 $5,312 $450,000 $116,000 $334,000
2015 $4,700 $400,000 $100,000 $300,000
2014 -- $354,000 $100,000 $254,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joshua Sprague

    Edina Realty, Inc.

  • K

    Buyer's Agent in 2013

    Kevin Mullen

    Lakes Sotheby's International

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4547288

REALTOR® Association of Southern Minnesota

APN: 27-118-23-42-0014

Minnesota Hennepin County Orono 55356

1925 Lakeview Terrace, Orono, MN

This home is located at 1925 Lakeview Terrace, Orono, MN 55356 since 07 October 2013 and is currently estimated at $890,767, approximately $269 per square foot. This property was built in 2005. 1925 Lakeview Terrace is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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