NOT LISTED FOR SALE

2309 E Lake of the Isles Pkwy Minneapolis, MN 55405

East Isles Neighborhood

Estimated Value: $2,109,220 - $3,260,000

5 Beds
6.5 Baths
6,606 Sq Ft
$413/Sq Ft Est. Value

Last Sold March 05, 2012

Last sale price $2,425,000 $367 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,496/month

102 Days on Market

Highlights

  • Lake Front
  • 0.52 Acre Lot
  • Formal Dining Room
  • Heated In Ground Pool
  • Wood Flooring
  • Skylights

About This Home

As of March 2012

Exceptional Lake of the Isles estate set on a sprawling .5 acre. Fully renovated with unique architectural design, open living spaces, and panoramic lake views. Extraordinary rear yard patio offers an inground pool and professional landscaping.

Last Agent to Sell the Property

Bruce Birkeland

Coldwell Banker Burnet Listed on: 09/30/2011

Last Buyer's Agent

Bruce Birkeland

Coldwell Banker Burnet Listed on: 09/30/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,725

Year Built

  • 1915

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 110x208x12
  • Lake Front

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • Woodwork
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Indoor Grill
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Steam

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,725

Year Built

1915

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Skylight, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Patio, Porch
  • Estimated Number of Acres: 0.52
  • Assessment Balance: 1190.1
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 2350
  • Projected Closed Date: 03/05/2012
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Parkway
  • Taxes With Assessments: 53101
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Indoor Grill, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 7
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 7
  • Room 1: Living Room, 25x14, On Level: Main
  • Room 2: Dining Room, 14x14, On Level: Main
  • Room 3: Family Room, 18x14, On Level: Main
  • Room 4: Kitchen, 25x17, On Level: Main
  • Room 5: Bedroom, 17x17, On Level: Upper
  • Room 6: Bedroom, 16x10, On Level: Upper
  • Room 7: 18x13, On Level: Upper
  • Room 8: Bedroom, 20x15, On Level: Third Floor
  • Room 9: Bedroom, 14x12, On Level: Third Floor
  • Room 10: Den/Office, 14x10, On Level: Third Floor
  • Room 11: Mud Room, 15x08, On Level: Main
  • Room 12: Other, 12x10, On Level: Main
  • Room 13: Family Room, 27x20, On Level: Lower
  • Room 14: Porch, 26x12, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 5681
  • Below Grade Finished Sq Ft: 925
  • Total Fin Square Footage: 6606

Exterior Features

  • Waterfront Name: Lake of the Isles
  • Exterior: Brick
  • Pool: In-Ground, Heated, Outdoor
  • Roof: Tile
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Steam

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 110X208X12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2011
Closed on
Mar 5, 2012
Sold by
Ishrak Ishrak S and Ishrak Helen
Bought by
The Omar And Helen Ishrak Living Trust
Seller's Agent
Bruce Birkeland
Coldwell Banker Burnet
Buyer's Agent
Bruce Birkeland
Coldwell Banker Burnet
List Price
$2,850,000
Sold Price
$2,425,000
Premium/Discount to List
-$425,000
-14.91%
Current Estimated Value
$2,725,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,740
Avg. Annual Appreciation
0.64%
Original Mortgage
$1,775,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 30, 2011
Closed on
Feb 27, 2012
Sold by
Fitzmaurice Matthew O
Bought by
Ishrak Ishrak S and Ishrak Helen
Seller's Agent
Bruce Birkeland
Coldwell Banker Burnet
Buyer's Agent
Bruce Birkeland
Coldwell Banker Burnet
List Price
$2,850,000
Sold Price
$2,425,000
Premium/Discount to List
-$425,000
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2005
Sold by
Bemis Judson and Bemis Carol V
Bought by
Matthew Fitzmaurice Revocable Trust and Lisa Bargas Fitzmaurice Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
The Omar And Helen Ishrak Living Trust -- Burnet Title
Ishrak Ishrak S $2,425,000 Burnet Title
Matthew Fitzmaurice Revocable Trust $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ishrak Syed Omar $1,100,000
Closed Ishrak Ishrak S $1,775,000
Previous Owner Fitzmaurice Matthew O $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2012 03/05/12 Sold $2,425,000 -14.9% $367 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
09/30/2011 09/30/11 For Sale $2,850,000 -- $431 / 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 $43,725 $2,831,000 $1,622,000 $1,209,000
2022 $45,705 $2,783,000 $1,622,000 $1,161,000
2021 $43,143 $2,783,000 $1,622,000 $1,161,000
2020 $46,664 $2,728,500 $1,384,400 $1,344,100
2019 $47,933 $2,728,500 $1,384,400 $1,344,100
2018 $45,112 $2,728,500 $1,384,400 $1,344,100
2017 $46,108 $2,550,000 $1,258,500 $1,291,500
2016 $47,527 $2,550,000 $1,144,100 $1,405,900
2015 $49,213 $2,520,000 $1,144,100 $1,375,900
2014 -- $2,400,000 $1,056,900 $1,343,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bruce Birkeland

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4080246

REALTOR® Association of Southern Minnesota

APN: 33-029-24-21-0061

Minnesota Hennepin County Minneapolis 55405 East Isles

2309 E Lake of the Isles Pkwy, Minneapolis, MN

This home is located at 2309 E Lake of the Isles Pkwy, Minneapolis, MN 55405 since 30 September 2011 and is currently estimated at $2,725,740, approximately $412 per square foot. This property was built in 1915. 2309 E Lake of the Isles Pkwy is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community 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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