NOT LISTED FOR SALE

1937 1937 Fagerness Point Rd Orono, MN 55391

Estimated Value: $2,013,000 - $2,115,000

4 Beds
3 Baths
2,700 Sq Ft
$766/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $589,000 $218 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $12,260/month

72 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Spa
  • Vaulted Ceiling
  • Hilltop Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2013

75' Lakeshore, 3/4 acre, 4 bedroom, 3 bath, 2700sqft Lake Minnetonka located on highly sought after Fagerness Pt. Within seconds of Lord Fletchers, Lafayette Country Club and the Luce Line trail system. Large deck, huge walk-in closet in master suite.

Last Agent to Sell the Property

Travis Senenfelder

Keller Williams Premier Realty Listed on: 03/25/2013

Co-Listed By

Geoffrey Serdar

Lakes Sotheby's International

Last Buyer's Agent

Theodore Slathar

Latigo Leasing & Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,106

Year Built

  • 1992

Lot Details

  • 0.75 Acre Lot
  • 75 Feet of Waterfront
  • Lake Front
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1711723230012

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,106

Year Built

1992

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Hot Tub, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Driveway - Asphalt, Hot Tub, Inground Sprinkler System
  • Estimated Number of Acres: 0.75
  • Construction: Previously Owned
  • Foundation Size: 1100
  • Mechanicals: Central Vacuum
  • Parcel Number: 1711723230012
  • Projected Closed Date: 07/07/2013
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 7586
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, On Level: Lower
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Upper
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Bedroom, On Level: Lower
  • Room 9: Deck
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1900
  • Below Grade Finished Sq Ft: 800
  • Total Fin Square Footage: 2700

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 75
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jul 8, 2013
Sold by
Roberts Richard D and Kaercher Roberts Collette M
Bought by
Boldenow Ellie L
Seller's Agent
Travis Senenfelder
Keller Williams Premier Realty
Buyer's Agent
Theodore Slathar
Latigo Leasing & Sales
List Price
$599,900
Sold Price
$589,000
Premium/Discount to List
-$10,900
-1.82%
Current Estimated Value
$2,067,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,478,427
Avg. Annual Appreciation
10.47%
Original Mortgage
$412,300
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Boldenow Ellie L $589,000 Title Mark
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Chesapeake Holdings Ll $1,323,000
Closed Boldenow Ellie L $347,252
Closed Boldenow Ellie L $412,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2013 07/08/13 Sold $589,000 -1.8% $218 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $599,900 -- $222 / 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 $16,106 $1,602,900 $935,400 $667,500
2022 $6,596 $835,000 $509,000 $326,000
2021 $6,327 $666,000 $393,000 $273,000
2020 $6,236 $638,000 $382,000 $256,000
2019 $6,028 $597,000 $347,000 $250,000
2018 $6,105 $577,000 $333,000 $244,000
2017 $6,783 $608,000 $385,000 $223,000
2016 $6,431 $579,000 $385,000 $194,000
2015 $6,538 $576,000 $385,000 $191,000
2014 -- $625,000 $470,000 $155,000
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4454256

REALTOR® Association of Southern Minnesota

APN: 17-117-23-23-0012