NOT LISTED FOR SALE

Estimated Value: $1,770,000 - $1,976,614

5 Beds
3.5 Baths
4,279 Sq Ft
$443/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $1,885,000 $441 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,104/month

10 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Deck
  • Deephaven Elementary School Rated A
  • 51,401 Sq Ft lot
  • 3 Fireplaces

About This Home

As of November 2024

Welcome to lake living at its finest! This stunning home, set on over 1 acre with deeded access to the breathtaking Lake Minnetonka, offers an exceptional lifestyle in the desirable city of Deephaven. As part of the award-winning Minnetonka school district, this property is perfect for families and nature enthusiasts alike. Enjoy your own dock spot, complete with a cozy fire pit, sandy beach area, and BBQ setup—ideal for entertaining or unwinding by the water. Nearby walking and biking trails invite you to explore the beautiful surroundings. This meticulously remodeled residence boasts over 4,200 sq ft of thoughtfully designed living space, featuring an elegant blend of white, black, gold, and wood accents. The heart of the home is the stunning white kitchen, outfitted with quartz countertops and rich wood elements. As you enter, a grand foyer greets you with a striking rod and wood railing. The main floor includes a spacious family room with 9 ft ceilings, a custom Venetian fireplace, and a built-in dry bar. A sunroom offers panoramic views of the wetlands, seamlessly connecting indoor and outdoor living. With 5 spacious bedrooms and 4 luxurious bathrooms, this home accommodates family and guests effortlessly. The opulent owner’s suite features a spa-like 5-piece bathroom and a large walk-in closet. The finished basement includes a large living area, game room, and private workout space. New sod, a concrete patio, and a charming kids' playhouse complete this exquisite property. Schedule your showing today!

Last Listed By

Corey Wright

eXp Realty Listed on: 10/18/2024

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,106

Year Built

  • Built in 1974

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 250x200

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Electric Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Home Office
  • Game Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2411723410020

Community Details

Overview

  • Association fees include beach access, dock, ground maintenance, shared amenities, snow removal
  • Chimo Home Owners Association, Phone Number (612) 865-6679
  • Chimo Subdivision

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,106

Year Built

Built in 1974

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Fee Frequency: Annually
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 2804
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1564
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Electric
  • Living Area: 4279
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1475
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Office, Sun Room, Foyer, Mud Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Game Room, Exercise Room, Bar/Wet Bar Room, Family Room, Bedroom 4, Bedroom 5, Deck, Walk In Closet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Composite Decking,Deck,Patio
  • Lake Acres: 14205
  • Lake Bottom: Sand,Excellent Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 624

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Maintenance Grounds, Shared Amenities, Snow Removal
  • Phone: 612-865-6679
  • Association Fee: 1200
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Skylight,Boat Slip,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Chimo Home Owners Association

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 250x200
  • Lot Size Sq Ft: 51400.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2411723410020
  • Tax Annual Amount: 17106
  • TaxWithAssessments: 17965.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Dock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Nov 22, 2024
Sold by
Wright Team Properties Llc
Bought by
Groslie Cy and Grolie Laura
Seller's Agent
Corey Wright
eXp Realty
Buyer's Agent
Mark Grieger
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,885,000
Premium/Discount to List
-$115,000
-5.75%
Total Days on Market
10
Views
55
Current Estimated Value
$1,895,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,154
Avg. Annual Appreciation
1.23%

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 31, 2024
Sold by
Bowers David and Bowers Heidi
Bought by
Wright Team Properties Llc
Seller's Agent
Kevin Sharkey
Century 21 Atwood
Buyer's Agent
Corey Wright
eXp Realty
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.67%
Original Mortgage
$920,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Memsic John L
Bought by
Bowers David A and Bowers Heidi J

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
Groslie Cy $1,885,000 --
Wright Team Properties Llc $975,000 --
Bowers David A $852,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Team Properties Llc $920,000
Previous Owner Bowers David A $80,000
Previous Owner Bowers David A $510,400
Previous Owner Bowers David A $96,928
Previous Owner Bowers David A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $1,885,000 -5.8% $441 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $2,000,000 +105.1% $467 / Sq Ft
01/31/2024 01/31/24 Sold $975,000 -2.5% $240 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
10/05/2023 10/05/23 For Sale $1,000,000 -- $247 / 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 $17,965 $1,449,000 $684,800 $764,200
2022 $14,281 $1,278,000 $621,000 $657,000
2021 $13,579 $1,053,000 $524,000 $529,000
2020 $13,399 $1,007,000 $492,000 $515,000
2019 $13,156 $971,000 $466,000 $505,000
2018 $13,167 $936,000 $455,000 $481,000
2017 $13,315 $948,000 $455,000 $493,000
2016 $13,600 $943,000 $433,000 $510,000
2015 $12,680 $865,000 $401,000 $464,000
2014 -- $778,000 $342,000 $436,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6620246

NorthstarMLS

APN: 24-117-23-41-0020