NOT LISTED FOR SALE

Estimated Value: $1,680,000 - $1,985,000

3 Beds
2.5 Baths
2,482 Sq Ft
$732/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $1,400,000 $564 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,378/month

2 Days on Market

Highlights

  • Lake Front
  • Spa
  • Deck
  • Deephaven Elementary School Rated A
  • Bay View
  • Family Room with Fireplace

About This Home

As of November 2020

Lake Minnetonka Lakeshore in Cottagewood USA. Open design with hardwood floors, center island kitchen and floor to ceiling windows overlooking the water. Walkout lower level with second kitchen. Level, park-like lot with perennial gardens and 80’ of lakefront on Carson’s Bay. Great location adjacent to the LRT Trail and steps to tennis courts and the Cottagewood Store. Minnetonka Schools.

Last Listed By

Gregg Larsen

Coldwell Banker Realty Listed on: 09/30/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,973

Year Built

  • Built in 1965

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x138x80x178
  • Lake Front
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Insulated Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Woodwork
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Bay Views
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Drain

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2411723340024

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,973

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Fuel Type: Natural Gas
  • Year Built: 1965
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1464.00
  • Above Grade Finished Area Search: 1464.00
  • Above Grade Finished Sq Ft: 1464.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1018.00
  • Below Grade Total Sq Ft: 1018.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area: 520.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Sand
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2482.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1464.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 2411723340024
  • Rental License: No
  • Second Unit Type: Existing In-Law w/Kitchen
  • Stories Type: Three Level Split
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 80
  • Waterfront Slope Type: Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Basement: Drain Tiled, Finished (Livable), Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Furnace Humidifier, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas Burning, Living Room, Stone
  • Dining Room Features: Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Family Room Features: 2 or More, Family Room, Lower Level, Main Level
  • Bathroom Type: 3/4 Master, Basement, Main Floor 3/4 Bath, Private Master
  • Living Area: 2482.00
  • Fireplace: Yes
  • Stories: 3
  • Below Grade Finished Sq Ft: 1018.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 14729.56000
  • Waterfront View: Bay, Panoramic
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Insulated Garage

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Hot Tub, In-Ground Sprinkler, Kitchen Center Island, Kitchen Window, Natural Woodwork, Patio, Security System, Tile Floors, Unspecified, Washer/Dryer Hookup

Schools

  • School District: 276 - Minnetonka
  • School District Phone: 952-401-5000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 100X138X80X178
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot
  • Lot Size Acres: 0.3100
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 4 INGHAM SHORES
  • Tax Amount: 11973.00
  • Tax Year: 2020
  • Tax With Assessments: 11973.00
  • Assessor Parcel Number: 2411723340024

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 22, 2020
Sold by
Kerber Terry W and Kerber Gabrielle
Bought by
Carlson Jamie and Carlson Kristen
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Ellen DeHaven
Coldwell Banker Realty
List Price
$1,299,000
Sold Price
$1,400,000
Premium/Discount to List
$101,000
7.78%
Total Days on Market
2
Current Estimated Value
$1,817,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,889
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Heller Ellen
Bought by
Kerber Terry W

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
Carlson Jamie $1,400,000 Burnet Title
Kerber Terry W $650,000 --
Carlson Jamie Jamie $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerber Terry W $489,000
Previous Owner Kerber Terry W $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $1,400,000 +7.8% $564 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,299,000 -- $523 / 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 $15,597 $1,538,700 $1,063,200 $475,500
2022 $12,673 $1,433,000 $1,013,000 $420,000
2021 $13,734 $1,092,000 $732,000 $360,000
2020 $11,974 $1,063,000 $711,000 $352,000
2019 $11,994 $903,000 $616,000 $287,000
2018 $11,325 $909,000 $616,000 $293,000
2017 $10,983 $827,000 $572,000 $255,000
2016 $11,047 $817,000 $572,000 $245,000
2015 $10,657 $784,000 $537,000 $247,000
2014 -- $691,000 $441,000 $250,000
Source: Public Records

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Source: NorthstarMLS

MLS Number: NST5666357

NorthstarMLS

APN: 24-117-23-34-0024