NOT LISTED FOR SALE

2505 E Lake of the Isles Pkwy Minneapolis, MN 55405

East Isles Neighborhood

Estimated Value: $2,226,000 - $6,219,000

5 Beds
5.5 Baths
6,500 Sq Ft
$691/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $3,500,000 $538 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $30,502/month

1,006 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bathrooms
  • Corner Lot
  • 0.91 Acre Lot
  • Whirlpool Bathtub
  • Breakfast Area or Nook

About This Home

As of November 2014

Distinguished by its unparalleled 0.91 acre site, this 6400 + sq. ft. urban estate offers much sophistication & is a timeless contemporary home coupled with a private courtyard pool and the widest panoramic lake views imaginable. Additional lot available.

Last Listed By

Debbie McNally

Lakes Sotheby's International Listed on: 02/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,076

Year Built

  • Built in 1958

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 216x187x21
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 6,500 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3302924240071

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,076

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Security System, Tiled Floors, Walk-In Closet
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.91
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 6500
  • Parcel Number: 3302924240071
  • Projected Closed Date: 11/07/2014
  • Stories: 1 Story
  • Street Designation: Parkway
  • Taxes With Assessments: 56076
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Master, Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Two Master Baths, Whirlpool
  • Total Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Room 1: Living Room, 33x22, On Level: Main
  • Room 2: Dining Room, 32x20, On Level: Main
  • Room 3: Family Room, 33x18, On Level: Main
  • Room 4: Kitchen, 13x10, On Level: Main
  • Room 5: Bedroom, 26x16, On Level: Main
  • Room 6: Bedroom, 16x15, On Level: Main
  • Room 7: 16x15, On Level: Main
  • Room 8: Bedroom, 11x10, On Level: Main
  • Room 9: Dining Room, 31x11, On Level: Main
  • Room 10: Foyer, 33x12, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 6500
  • Total Fin Square Footage: 6500

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • LakeAcres: 111.76
  • Waterfront Name: Lake of the Isles
  • Exterior: Brick, Wood
  • Pool: Heated, In-Ground, Outdoor
  • Roof: Flat

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 216x187x21
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1958

Tax Info

  • Year: 2013
  • Tax Value: 56076

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Lagoa Llc
Bought by
Veraison Llc
Total Days on Market
1006
Current Estimated Value
$4,491,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,357,780
Outstanding Balance
$2,929,453
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,561,755

Purchase Details

Closed on
Dec 8, 2020
Sold by
Ericson David A and Wilson Jamie
Bought by
Lagoa Llc

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
Veraison Llc $5,400,000 All American Commercial Ttl
Lagoa Llc -- None Available
-- $5,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veraison Llc $4,357,780
Closed Veraison Llc $4,357,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $3,500,000 -6.7% $538 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
02/03/2012 02/03/12 For Sale $3,750,000 -- $577 / 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 $64,350 $4,123,000 $1,610,000 $2,513,000
2022 $51,513 $4,123,000 $1,610,000 $2,513,000
2021 $49,629 $3,125,000 $1,610,000 $1,515,000
2020 $39,317 $3,125,000 $1,230,800 $1,894,200
2019 $40,389 $2,313,000 $1,237,500 $1,075,500
2018 $36,218 $2,313,000 $1,237,500 $1,075,500
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Debbie McNally

    Lakes Sotheby's International

  • J

    Buyer's Agent in 2014

    Josh Zuehlke

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4102485

REALTOR® Association of Southern Minnesota

APN: 33-029-24-24-0158

Minnesota Hennepin County Minneapolis 55405 East Isles

2505 E Lake of the Isles Pkwy, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 2505 E Lake of the Isles Pkwy, Minneapolis, MN 55405 since 03 February 2012 and is currently estimated at $4,491,208, approximately $690 per square foot. This property was built in 1958. 2505 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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