NOT LISTED FOR SALE

229 Peninsula Rd Minneapolis, MN 55441

Estimated Value: $872,000 - $1,213,000

2 Beds
1 Bath
720 Sq Ft
$1,531/Sq Ft Est. Value

Last Sold September 30, 2013

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

Est. 269% increase in value since last sale

Current estimated payment $6,852/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

0.39 Acres

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
  • Stories: 1 Story
  • Street Designation: Road
  • 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

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
$1,102,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$803,591
Avg. Annual Appreciation
11.04%
Original Mortgage
$283,575
Outstanding Balance
$213,745
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$888,346
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $283,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2024 $13,406 $985,000 $588,200 $396,800
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

Not Listed for Sale

Detached

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