NOT LISTED FOR SALE

24275 24275 Mary Lake Trail Shorewood, MN 55331

Estimated Value: $1,414,832 - $1,823,000

5 Beds
5.5 Baths
7,363 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $930,000 $126 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,010/month

311 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Spa
  • Deck
  • Minnewashta Elementary School Rated A
  • Heated Floors
  • Vaulted Ceiling

About This Home

As of May 2013

Attractive Contract for Deed Terms Avail. - Sited on a beautifully landscaped 1.1 acre wooded lot in an executive neighborhood. Access to Lake Mary through the Association. Close to Minnetonka Country Club.

Last Agent to Sell the Property

John Adams

Coldwell Banker Burnet Listed on: 05/03/2012

Last Buyer's Agent

John Adams

Coldwell Banker Burnet Listed on: 05/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,049

Year Built

  • Built in 2005

Lot Details

  • 1.1 Acre Lot
  • Street terminates at a dead end
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3311723410037

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,049

Year Built

Built in 2005

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Hot Tub, Security System, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Hot Tub, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 1.1
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 3143
  • Mechanicals: Air to Air Exchange, Central Vacuum, Water Softener-Owned
  • Parcel Number: 3311723410037
  • Projected Closed Date: 05/01/2013
  • Stories: 2 Story
  • Street Designation: Trail
  • Taxes With Assessments: 20049
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master
  • Total Bathrooms: 6
  • Half Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bathrooms: 6
  • Room 1: Living Room, 19x16, On Level: Main
  • Room 2: Dining Room, 16x12, On Level: Main
  • Room 3: Family Room, 19x15, On Level: Main
  • Room 4: Kitchen, 23x18, On Level: Main
  • Room 5: Bedroom, 18x18, On Level: Main
  • Room 6: Bedroom, 14x12, On Level: Upper
  • Room 7: 17x12, On Level: Upper
  • Room 8: Bedroom, 17x10, On Level: Upper
  • Room 9: Rec Room, 30x27, On Level: Lower
  • Room 10: Rec Room, 20x19, On Level: Lower
  • Room 11: Other, 20x17, On Level: Lower
  • Room 12: Bedroom, 16x16, On Level: Lower
  • Room 13: Den/Office, 14x11, On Level: Main
  • Room 14: Rec Room, 25x11, On Level: Upper
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 4636
  • Below Grade Finished Sq Ft: 2727
  • Total Fin Square Footage: 7363

Exterior Features

  • Frontage Road: Dead End/No Outlet
  • LakeAcres: 11
  • Waterfront Name: Mary
  • Exterior: Brick
  • Waterfront Description: Deeded Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 200

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2013
  • Tax Value: 20049

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Grussing Elizabeth T and Grussing Kevin D
Bought by
Stulc Steven M and Stulc Marcia A
Current Estimated Value
$1,595,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Outstanding Balance
$709,569
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$889,307

Purchase Details

Closed on
Jun 2, 2016
Sold by
Sikes James Brain
Bought by
Grussing Kevin D and Taylor Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2012
Closed on
Apr 26, 2013
Sold by
Childress John B
Bought by
Sikes James Brian and Sikes Dana C
Seller's Agent
John Adams
Coldwell Banker Burnet
Buyer's Agent
John Adams
Coldwell Banker Burnet
List Price
$1,195,000
Sold Price
$930,000
Premium/Discount to List
-$265,000
-22.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$744,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2006
Sold by
Pederson James I
Bought by
Childress John B and Childress Dru Ann

Purchase Details

Closed on
Jan 18, 2005
Sold by
Silverstone Properties Inc
Bought by
Parmater Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,600
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2003
Sold by
Erickson Gregg H
Bought by
Silverstone Properties Inc

Purchase Details

Closed on
Aug 31, 2000
Sold by
Wyman James C
Bought by
Erickson Gregg H and Erickson Jane E
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
Stulc Steven M $1,395,000 Watermark Title
Grussing Kevin D $920,000 None Available
Sikes James Brian $902,647 Burnet Title
Childress John B $1,529,000 --
Parmater Kim $667,000 --
Silverstone Properties Inc $182,000 --
Erickson Gregg H $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stulc Steven M $728,000
Previous Owner Grussing Kevin D $425,000
Previous Owner Sikes James Brian $164,500
Previous Owner Sikes James Brian $744,000
Previous Owner Parmater Kim $250,000
Previous Owner Parmater Kim $533,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $930,000 -22.2% $126 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
05/03/2012 05/03/12 For Sale $1,195,000 -- $162 / 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 $15,579 $1,253,000 $235,000 $1,018,000
2022 $12,404 $1,139,000 $200,000 $939,000
2021 $12,358 $899,000 $154,000 $745,000
2020 $13,133 $889,000 $154,000 $735,000
2019 $13,009 $899,000 $145,000 $754,000
2018 $14,661 $886,000 $143,000 $743,000
2017 $16,668 $1,097,000 $162,000 $935,000
2016 $15,335 $999,000 $182,000 $817,000
2015 $14,698 $956,000 $139,000 $817,000
2014 -- $1,039,000 $178,000 $861,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Adams

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4125816

REALTOR® Association of Southern Minnesota

APN: 33-117-23-41-0037

Minnesota Hennepin County Shorewood 55331

24275 24275 Mary Lake Trail, Shorewood, MN

This home is located at 24275 24275 Mary Lake Trail, Shorewood, MN 55331 since 03 May 2012 and is currently estimated at $1,655,458, approximately $224 per square foot. This property was built in 2005. 24275 24275 Mary Lake Trail is a home located in Hennepin County with nearby schools including Minnewashta Elementary School, Minnetonka West 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.

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