$1,042,500
SOLD AUG 26, 2024
3 Beds
3.5 Baths
3,754 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

5% Above List Price

4 Days on Market

Highlights

  • Lake View
  • Deck
  • No HOA
  • Fireplace in Primary Bedroom
  • Corner Lot
  • 3-minute walk to Cedar Lake Point Beach

About This Home

As of August 2024

A modern cottage architecturally designed w/ distinctive coastal character inside & out. Representative of its location in a unique pocket of Mpls., two blocks from the west side of Cedar Lk & easy access to Cedar Lk Point Beach for canoeing or kayaking. Ride the Cedar Lk Regional Bike Trails to downtown & catch a Twins game. It is truly the perfect area for an outdoor enthusiast! Meticulously maintained by dedicated owners w/ continuous additions/renovations, contributing to its expansive exterior presence, modern mix of old & new interior charm, & backyard oasis fit for a summer soiree!
Open concept floor plan kitchen/dining/family room w/ cozy FP & heated flooring. 2023 remodeled gourmet kitchen, incl. Caesarstone, center island, high-end appliances, coffee bar, custom wine cabinet & more. Convenient main-level laundry/ hobby room. Small office + guest ensuite w/ newly renovated, delightful 3/4 bath, built-in desk & Murphy bed. Please keep in mind the billiard room is a separate formal dining room. Retreat to the private upper-level primary suite offering a bright, serene space, vaulted ceiling, skylights, & gas FP. Bask in its spa-like full bathroom. Enjoy your morning coffee and lake views from the balcony. The finished lower level has an amusement room, third bedroom & full bath. Two-stall tuck under oversized garage w/ workshop. Relish the season's sunsets on the wrap-around covered porch or under the newly added pergola (2023) lined with beautiful rose bushes. Don’t miss the built-in sunshades & water fountain—fantastic outdoor spaces for family gatherings & entertaining—professionally landscaped lush gardens throughout the property. This home provides a wonderful living experience for an active lifestyle!

Last Agent to Sell the Property

Kim Pease

Coldwell Banker Realty Brokerage Phone: 612-386-3046 Listed on: 07/25/2024

Coldwell Banker Realty

Co-Listed By

Marcy Libby

Coldwell Banker Realty Brokerage Phone: 612-386-3046

Last Buyer's Agent

Karla Rose

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,803

Year Built

  • Built in 1941

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 35 x 39 x 112 x 55 x 144
  • Partially Fenced Property
  • Privacy Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Tuck Under Garage
  • Garage Door Opener

Property Views

  • Lake
  • City

Home Design

  • Wood Composite

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Mcnair Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2902924330036

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,803

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Year Built: 1941
  • Above Grade Finished Sq Ft: 2681
  • Water Body Name: Cedar
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-386-3046
  • Attribution Contact: 612-386-3046
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Storage Space, Tile Shower
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 3754
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1073
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Office, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Amusement Room, Informal Dining Room, Porch, Patio, Deck, Mud Room, Storage
  • SqFtTotal: 4339.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Composite, Partial, Privacy
  • View: East
  • Neighborhood: Bryn - Mawr
  • PatioPorchType: Covered,Deck,Patio,Rear Porch,Wrap Around
  • Lake Acres: 163
  • LakeChain: Y
  • Lake Chain Acreage: 1049
  • Lake Chain Name: Minneapolis

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Storage, Tandem, Tuckunder Garage
  • Garage Square Feet: 850
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),City View,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Porch,Skylight,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 35 x 39 x 112 x 55 x 144
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2902924330036
  • Tax Annual Amount: 12803
  • TaxWithAssessments: 12803.1600

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 23, 2024
Sold by
Peplin Robert and Peplin Mary
Bought by
Scherping Christine
Seller's Agent
Kim Pease
Coldwell Banker Realty
Buyer's Agent
Karla Rose
Edina Realty, Inc.
List Price
$989,900
Sold Price
$1,042,500
Premium/Discount to List
$52,600
5.31%
Views
7
Current Estimated Value
$1,064,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,282
Avg. Annual Appreciation
0.85%
Original Mortgage
$692,500
Outstanding Balance
$685,933
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$365,443
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,042,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $692,500 New Conventional
Closed $500,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $110,000 New Conventional
Previous Owner $15,150 Credit Line Revolving
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $1,042,500 0.0% $278 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/28/2024 07/28/24 Off Market $1,042,500 -- --
07/27/2024 07/27/24 For Sale $989,900 -- $264 / Sq Ft
Source: NorthstarMLS

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 $12,803 $894,000 $352,000 $542,000
2022 $12,983 $867,000 $352,000 $515,000
2021 $12,526 $856,500 $352,000 $504,500
2020 $13,556 $856,500 $334,200 $522,300
2019 $13,941 $856,500 $276,200 $580,300
2018 $12,759 $856,500 $276,200 $580,300
2017 $12,343 $748,000 $251,100 $496,900
2016 $12,237 $722,500 $251,100 $471,400
2015 $12,578 $700,000 $251,100 $448,900
2014 -- $628,500 $223,600 $404,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6565937

NorthstarMLS

APN: 29-029-24-33-0036