NOT LISTED FOR SALE

2518 2518 Cross Point Rd Minnetonka Beach, MN 55391

Estimated Value: $1,698,000 - $3,121,732

5 Beds
4.5 Baths
5,222 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $1,212,500 $232 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $15,317/month

Highlights

  • Deeded Waterfront Access Rights
  • In Ground Pool
  • Formal Dining Room
  • Schumann Elementary School Rated A-
  • Property is near public transit
  • Fireplace

About This Home

As of April 2015

Prime Minnetonka Beach location! Stunning cottage style home w/open floorplan & hi-quality finishes thru-out. Perfect for entertaining inside & out with beautiful pool & patio area. Lux master suite. Steps to beach & dock slip on Lake Mtka. Orono Schools

Last Agent to Sell the Property

Gregg Larsen

Coldwell Banker Burnet Listed on: 02/27/2015

Last Buyer's Agent

Paul Larson

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,186

Year Built

  • Built in 1972

Lot Details

  • 0.67 Acre Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 1511723330056

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,186

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Security System
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.67
  • Construction: Previously Owned
  • Foundation Size: 2802
  • Mechanicals: Electronic Air Filter, Water Softener-Rented
  • Parcel Number: 1511723330056
  • Projected Closed Date: 04/09/2015
  • Stories: 2 Story
  • Taxes With Assessments: 15186
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor Full Bath, Private Master
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 2: Dining Room, 21x15, On Level: Main
  • Room 3: Family Room, 21x19, On Level: Main
  • Room 4: Kitchen, 24x15, On Level: Main
  • Room 5: Bedroom, 24x22, On Level: Upper
  • Room 6: Bedroom, 15x11, On Level: Main
  • Room 7: 16x13, On Level: Main
  • Room 8: Bedroom, 13x12, On Level: Lower
  • Room 9: Great Room, 21x14, On Level: Lower
  • Room 10: Bedroom, 12x12, On Level: Lower
  • Room 11: Sunroom/Solarium, 24x18, On Level: Main
  • Room 12: Den/Office, 16x12, On Level: Main
  • Room 13: Other, 16x12, On Level: Upper
  • Room 14: 24x16, On Level: Upper
  • Basement Features: Finished
  • Basement Style: Crawl Space, Partial
  • Finished Above Grade Sq Ft: 4502
  • Below Grade Finished Sq Ft: 720
  • Total Fin Square Footage: 5222

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Brick
  • Pool: In-Ground
  • Roof: Asphalt Shingles
  • Waterfront Description: Deeded Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: 208Nx150Ex
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2014
  • Tax Value: 15186

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2016
Sold by
Baker Jeffrey T and Baker Patricia Alton
Bought by
Baker Patricia Alton and The Patricia Alton Baker Trust
Current Estimated Value
$2,458,683

Purchase Details

Listed on
Feb 27, 2015
Closed on
Mar 9, 2015
Sold by
Boyle Raymond G and Boyle Kelly S
Bought by
Baker Patricia A
Seller's Agent
Gregg Larsen
Coldwell Banker Burnet
Buyer's Agent
Paul Larson
Coldwell Banker Burnet
List Price
$1,299,900
Sold Price
$1,212,500
Premium/Discount to List
-$87,400
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$909,350
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Gasch James M and Gasch Linda S
Bought by
Boyle Raymond G and Boyle Kelly S
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
Baker Patricia Alton -- None Available
Baker Patricia A $1,212,500 Burnet Title
Boyle Raymond G $887,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Patricia A $909,350
Previous Owner Boyle Raymond G $409,000
Previous Owner Boyle Kelly S $417,000
Previous Owner Boyle Raymond G $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $1,212,500 -6.7% $232 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $1,299,900 -- $249 / 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 $20,858 $1,824,300 $912,000 $912,300
2022 $18,810 $1,607,000 $600,000 $1,007,000
2021 $17,805 $1,454,000 $638,000 $816,000
2020 $18,416 $1,386,000 $585,000 $801,000
2019 $17,981 $1,355,000 $543,000 $812,000
2018 $18,118 $1,300,000 $515,000 $785,000
2017 $17,447 $1,221,000 $515,000 $706,000
2016 $15,623 $1,098,000 $515,000 $583,000
2015 -- $1,073,000 $490,000 $583,000
2014 -- $878,000 $357,000 $521,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4721735

REALTOR® Association of Southern Minnesota

APN: 15-117-23-33-0056