NOT LISTED FOR SALE

2400 2400 Cedar Point Dr Woodland, MN 55391

Estimated Value: $2,767,000 - $11,170,675

4 Beds
5.5 Baths
4,319 Sq Ft
$1,614/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $2,750,000 $637 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $45,498/month

417 Days on Market

Highlights

  • 1,693 Feet of Waterfront
  • Two Primary Bathrooms
  • Vaulted Ceiling
  • Groveland Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2014

Wayzata Bay landmark! First time offering. Long admired historic peninsula. Maplewoods estate location. 1,693 feet of lakeshore.

Last Agent to Sell the Property

Ellen DeHaven

Coldwell Banker Burnet Listed on: 03/14/2013

Last Buyer's Agent

Richard Schwarz

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,787

Year Built

  • Built in 1950

Lot Details

  • 3 Acre Lot
  • 1,693 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0711722240001

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,787

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Security System, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Patio
  • Estimated Number of Acres: 3
  • Construction: Previously Owned
  • Foundation Size: 3322
  • Parcel Number: 0711722240001
  • Projected Closed Date: 05/16/2014
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 49786.86
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, 3/4 Basement, 3/4 Master, Full Master, Main Floor Full Bath, Private Master, Two Basement Baths, Two Master Baths
  • Total Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 6
  • Room 1: Living Room, 24x17, On Level: Main
  • Room 2: Dining Room, 22x14, On Level: Main
  • Room 3: Family Room, 25x16, On Level: Lower
  • Room 4: Kitchen, 41x13, On Level: Main
  • Room 5: Bedroom, 28x27, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Main
  • Room 7: 12x12, On Level: Main
  • Room 8: Bedroom, 17x16, On Level: Lower
  • Room 9: Den/Office, 17x17, On Level: Main
  • Basement Features: Finished, Sump Pump, Walkout
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 3322
  • Below Grade Finished Sq Ft: 997
  • Total Fin Square Footage: 4319

Exterior Features

  • LakeAcres: 14652
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 1693
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: See survey
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2014
  • Tax Value: 49787

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2016
Sold by
Ray Edgar C and Ray Brenda Ann
Bought by
Ray Edgar C and Ray Brenda Ann
Current Estimated Value
$6,968,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 14, 2013
Closed on
May 14, 2014
Sold by
Morrison John L and Palmer Julla M
Bought by
Ray E Chip and Ray Brenda
Seller's Agent
Ellen DeHaven
Coldwell Banker Burnet
Buyer's Agent
Richard Schwarz
Lakes Sotheby's International
List Price
$4,950,000
Sold Price
$2,750,000
Premium/Discount to List
-$2,200,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.98%
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
Ray Edgar C -- None Available
Ray E Chip $2,750,000 Guaranty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Edgar C $3,750,000
Closed Ray Edgar C $3,750,000
Closed Ray E Chip $2,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $2,750,000 -44.4% $637 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
03/14/2013 03/14/13 For Sale $4,950,000 -- $1,146 / 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 $90,326 $9,124,500 $5,163,400 $3,961,100
2022 $78,140 $7,984,000 $4,672,000 $3,312,000
2021 $77,251 $6,671,000 $3,876,000 $2,795,000
2020 $75,791 $6,563,000 $3,800,000 $2,763,000
2019 $77,147 $6,140,000 $3,278,000 $2,862,000
2018 $76,592 $6,083,000 $2,933,000 $3,150,000
2017 $50,462 $3,813,000 $2,933,000 $880,000
2016 $36,560 $2,639,000 $2,629,000 $10,000
2015 $45,865 $3,257,000 $2,993,000 $264,000
2014 -- $3,402,000 $3,125,000 $277,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Ellen DeHaven

    Coldwell Banker Burnet

  • R

    Buyer's Agent in 2014

    Richard Schwarz

    Lakes Sotheby's International

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4449596

REALTOR® Association of Southern Minnesota

APN: 07-117-22-24-0001

Minnesota Hennepin County Woodland 55391

2400 2400 Cedar Point Dr, Woodland, MN

This home is located at 2400 2400 Cedar Point Dr, Woodland, MN 55391 since 14 March 2013 and is currently estimated at $6,968,838, approximately $1,613 per square foot. This property was built in 1950. 2400 2400 Cedar Point Dr is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior 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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