NOT LISTED FOR SALE

23622 23622 Smithtown Rd Shorewood, MN 55331

Estimated Value: $387,000 - $802,000

3 Beds
2.5 Baths
1,640 Sq Ft
$304/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $125,000 $76 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $3,104/month

27 Days on Market

Highlights

  • 4 Car Garage
  • Fireplace
  • Dining Room
  • Minnewashta Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

This Shorewood twin home features 3 bedrooms, 3 bathrooms, and over 1600 Sq Ft. Just 1 block from Gideon Bay in Lake Minnetonka and the regional trails. Part of the Minnetonka School District.

Last Agent to Sell the Property

Jason Stockwell

RE/MAX Results Listed on: 11/07/2013

Last Buyer's Agent

Mattathias Oberman

Oberman Real Estate Group LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,796

Year Built

  • 1981

Lot Details

  • Lot Dimensions are 200x115

Home Design

  • Twin Home
  • Brick Exterior Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Car Garage
  • Tuck Under Garage

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 3411723230049

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,796

Year Built

1981

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Twin Home
  • Estimated Number of Acres: 0.54
  • Assessment Balance: 639
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 820
  • Parcel Number: 3411723230049
  • Projected Closed Date: 02/21/2014
  • Street Designation: Road
  • Taxes With Assessments: 2886
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1981

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, 3/4 Basement
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x13, On Level: Lower
  • Room 2: Dining Room, 13x09, On Level: Upper
  • Room 3: Family Room, 18x13, On Level: Upper
  • Room 4: Kitchen, 13x08, On Level: Upper
  • Room 5: Bedroom, 14x14, On Level: Upper
  • Room 6: Bedroom, 12x09, On Level: Upper
  • Room 7: 12x10, On Level: Lower
  • Finished Above Grade Sq Ft: 1640
  • Total Fin Square Footage: 1640

Exterior Features

  • Exterior: Brick, Fiber Board

Garage/Parking

  • Garage Type: Attached, Detached, Tuckunder
  • Garage Capacity: 4

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 200x115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2018
Sold by
Kcr Corp
Bought by
Wasem Michael B
Total Days on Market
27
Current Estimated Value
$498,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,875
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2013
Closed on
Dec 18, 2013
Sold by
The Bank Of New York Mellon
Bought by
Kcr Corporation
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
Mattathias Oberman
Oberman Real Estate Group LLC
List Price
$162,900
Sold Price
$125,000
Premium/Discount to List
-$37,900
-23.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Cordes Charles J
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
May 20, 2005
Sold by
Morgovsky Stanislay and Morgovsky Olena
Bought by
Cordes Charles J
Source: Public Records

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Range of Values:

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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
Wasem Michael B $242,500 Edina Realty Title Inc
Kcr Corporation $125,000 West Title Llc
The Bank Of New York Mellon $303,721 --
The Bank Of New York Mellon $303,721 None Available
Cordes Charles J $224,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wasem Michael B $184,000
Previous Owner Wasem Michael B $181,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $125,000 -23.3% $76 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $162,900 -- $99 / 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 $3,796 $339,200 $69,300 $269,900
2022 $3,399 $314,000 $56,000 $258,000
2021 $3,573 $267,000 $44,000 $223,000
2020 $3,932 $278,000 $63,000 $215,000
2019 $2,851 $250,000 $41,000 $209,000
2018 $2,616 $210,000 $41,000 $169,000
2017 $2,472 $180,000 $34,000 $146,000
2016 $2,432 $174,000 $40,000 $134,000
2015 $2,411 $172,000 $47,000 $125,000
2014 -- $164,000 $52,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4558270

REALTOR® Association of Southern Minnesota

APN: 34-117-23-23-0049