NOT LISTED FOR SALE

2492 2492 Bantas Point-Road- Minnetonka, MN 55391

Estimated Value: $1,614,000 - $2,610,864

2 Beds
2 Baths
1,838 Sq Ft
$1,151/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $776,000 $422 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $13,698/month

53 Days on Market

Highlights

  • 227 Feet of Waterfront
  • Wood Flooring
  • Formal Dining Room
  • Gleason Lake Elementary School Rated A
  • Breakfast Area or Nook
  • Cul-De-Sac

About This Home

As of May 2012

Unique opportunity to own/build at the point of Bantas Point. Panoramic sunset sunrise SW/SE views. 227 ft of rip-rapped, level, Lake Minnetonka, Gray's Bay shoreline. Water on two sides. Walkability to dtown Wayzata.

Last Listed By

John Adams

Coldwell Banker Burnet Listed on: 03/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,309

Year Built

  • 1962

Lot Details

  • 7,841 Sq Ft Lot
  • 227 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,838 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 0811722130049

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,309

Year Built

1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.18
  • Construction: Previously Owned
  • Foundation Size: 1838
  • Parcel Number: 0811722130049
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/29/2012
  • Stories: 1 Story
  • Taxes With Assessments: 7494.92
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Master, Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Room 2: Dining Room, 18x11, On Level: Main
  • Room 4: Kitchen, 11x11, On Level: Main
  • Room 5: Bedroom, 14x13, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 9: Great Room, 27x17, On Level: Main
  • Room 10: Den/Office, 25x10, On Level: Main
  • Room 11: Foyer, 11x6, On Level: Main
  • Room 12: Pantry, 13x7, On Level: Main
  • Room 13: Patio, 33x9, On Level: Main
  • Finished Above Grade Sq Ft: 1838
  • Total Fin Square Footage: 1838

Exterior Features

  • Frontage Road: City, Dead End/No Outlet
  • LakeAcres: 14652
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 227
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Cul De Sac, Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Grays Bay Development Llc
Bought by
Noonan Edward M and Noonan Deborath A
Total Days on Market
53
Current Estimated Value
$2,115,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,529,830
Outstanding Balance
$216,546
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,898,670

Purchase Details

Closed on
Oct 1, 2020
Sold by
Baker Timothy J and Baker Eileen W
Bought by
Grays Bay Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,529,830
Outstanding Balance
$216,546
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,898,670

Purchase Details

Listed on
Mar 31, 2012
Closed on
May 29, 2012
Sold by
Spartz Frank A and Spartz Kathleen L
Bought by
Baker Timothy J and Baker Eileen W
Seller's Agent
John Adams
Coldwell Banker Burnet
Buyer's Agent
Peter Ice
Edina Realty, Inc.
List Price
$895,000
Sold Price
$776,000
Premium/Discount to List
-$119,000
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$620,800
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2011
Sold by
Spartz Frank A
Bought by
The Bank Of New York Mellon

Range of Values:

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Average Value
Not Available
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
Noonan Edward M $1,700,000 None Available
Grays Bay Development Llc $1,500,000 None Available
Baker Timothy J $776,000 First Financial Title Agency
The Bank Of New York Mellon $586,611 --
The Bank Of New York Mellon $586,610 None Available
-- $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noonan Edward M $1,529,830
Previous Owner Baker Timothy J $100,000
Previous Owner Baker Timothy J $620,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $776,000 -13.3% $422 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $895,000 -- $487 / 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 $22,309 $1,654,700 $1,208,200 $446,500
2022 $17,914 $1,446,100 $1,006,900 $439,200
2021 $16,601 $1,196,000 $839,100 $356,900
2020 $16,603 $1,122,400 $799,200 $323,200
2019 $16,286 $1,085,200 $761,200 $324,000
2018 $15,744 $1,073,500 $761,200 $312,300
2017 $15,468 $1,005,100 $762,300 $242,800
2016 $14,116 $914,100 $686,800 $227,300
2015 $13,269 $845,400 $629,000 $216,400
2014 -- $721,800 $629,000 $92,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Adams

    Coldwell Banker Burnet

  • P

    Buyer's Agent in 2012

    Peter Ice

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4116210

REALTOR® Association of Southern Minnesota

APN: 08-117-22-13-0049

Minnesota Hennepin County Minnetonka 55391

2492 2492 Bantas Point-Road-, Minnetonka, MN

Homes for Sale in Minnetonka, MN

This home is located at 2492 2492 Bantas Point-Road-, Minnetonka, MN 55391 since 31 March 2012 and is currently estimated at $2,115,216, approximately $1,150 per square foot. This property was built in 1962. 2492 2492 Bantas Point-Road- is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata 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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