NOT LISTED FOR SALE

229 Peninsula Rd Minneapolis, MN 55441

Estimated Value: $865,000 - $1,109,895

2 Beds
1 Bath
720 Sq Ft
$1,441/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $298,500 $415 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $6,689/month

96 Days on Market

Highlights

  • 40 Feet of Waterfront
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Sunset Hill Elementary School Rated A
  • Fireplace
  • 1-Story Property

About This Home

As of September 2013

Wayzata Schools!! Opportunity awaits the creative. 40 feet of south facing lake shore (Full rec). Features: Newer siding/roof, wood burning FP, 2 car garage, Newer mech, long driveway & wooded landscape

Last Agent to Sell the Property

Randy Kellogg

Edina Realty, Inc. Listed on: 06/19/2013

Last Buyer's Agent

Travis Erickson

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 1920

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 40x425
  • 40 Feet of Waterfront
  • Lake Front
  • Many Trees

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2611822140026

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,264

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.39
  • Construction: Previously Owned
  • Foundation Size: 720
  • Mechanicals: Water Softener-Rented
  • Parcel Number: 2611822140026
  • Projected Closed Date: 09/30/2013
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 3264
  • Comp Dev Subdiv Name: Medicine Lake Park 1st Div
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x12, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 4: Kitchen, 9x8, On Level: Main
  • Room 5: Bedroom, 10x8, On Level: Main
  • Room 6: Bedroom, 9x8, On Level: Main
  • Room 9: Laundry Room, 6x5, On Level: Main
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 720
  • Total Fin Square Footage: 720

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 925.24
  • Waterfront Name: Medicine
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 40
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: 40x425
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2013
  • Tax Value: 3264

MLS Schools

  • School District: Wayzata #284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Sep 30, 2013
Sold by
Felker Dennis E
Bought by
Nielsen Christopher M and Nielsen Kristin M
Seller's Agent
Randy Kellogg
Edina Realty, Inc.
Buyer's Agent
Travis Erickson
RE/MAX Results
List Price
$329,900
Sold Price
$298,500
Premium/Discount to List
-$31,400
-9.52%
Current Estimated Value
$1,037,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,224
Avg. Annual Appreciation
11.01%
Original Mortgage
$283,575
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Nielsen Christopher M $298,500 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Christopher M $30,000
Open Nielsen Christopher M $593,000
Closed Nielson Christopher M $79,950
Closed Nielsen Christopher M $580,000
Closed Nielsen Christopher M $283,000
Closed Nielsen Christopher M $283,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $298,500 -9.5% $415 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $329,900 -- $458 / 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 $12,553 $948,300 $548,300 $400,000
2022 $9,560 $830,000 $476,000 $354,000
2021 $9,098 $633,000 $325,000 $308,000
2020 $5,913 $615,000 $315,000 $300,000
2019 $4,596 $399,000 $310,000 $89,000
2018 $4,704 $329,000 $307,000 $22,000
2017 $4,330 $326,000 $307,000 $19,000
2016 $3,931 $284,000 $265,000 $19,000
2015 $3,949 $292,000 $273,000 $19,000
2014 -- $247,000 $231,000 $16,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Randy Kellogg

    Edina Realty, Inc.

  • T

    Buyer's Agent in 2013

    Travis Erickson

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4497017

REALTOR® Association of Southern Minnesota

APN: 26-118-22-14-0026

Minnesota Hennepin County Minneapolis 55441

229 Peninsula Rd, Minneapolis, MN

This home is located at 229 Peninsula Rd, Minneapolis, MN 55441 since 19 June 2013 and is currently estimated at $1,037,724, approximately $1,441 per square foot. This property was built in 1920. 229 Peninsula Rd is a home located in Hennepin County with nearby schools including Sunset Hill Elementary School, Wayzata East Middle School, and Wayzata High 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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