NOT LISTED FOR SALE

2661 2661 Arcola Ln Minnetonka Beach, MN 55391

Estimated Value: $2,786,000 - $3,005,000

5 Beds
3.5 Baths
6,017 Sq Ft
$478/Sq Ft Est. Value

Last Sold November 13, 2013

Last sale price $1,737,000 $289 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $18,201/month

50 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Heated In Ground Pool
  • Wood Flooring
  • Schumann Elementary School Rated A-
  • Deck
  • Whirlpool Bathtub

About This Home

As of November 2013

Hidden Jewel of Minnetonka Beach. 110 ft on Lafayette Bay with 180 degree sweeping southerly views. Tasteful 2001 addition and renovations. Pool, gardens, yard, immaculate inside and out. Walk to Lafayette Club, Navarre or Wayzata on Dakota Trail.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,561

Year Built

  • Built in 1980

Lot Details

  • 0.53 Acre Lot
  • 110 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1611723420023

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,561

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.53
  • Construction: Previously Owned
  • Foundation Size: 1887
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1611723420023
  • Projected Closed Date: 11/13/2013
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 19561
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, 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: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 17x17, On Level: Main
  • Room 2: Dining Room, 18x17, On Level: Main
  • Room 3: Family Room, 21x17, On Level: Main
  • Room 4: Kitchen, 15x15, On Level: Main
  • Room 5: Bedroom, 23x17, On Level: Upper
  • Room 6: Bedroom, 14x12, On Level: Upper
  • Room 7: 12x11, On Level: Upper
  • Room 8: Bedroom, 20x13, On Level: Upper
  • Room 9: Dining Room, 14x7, On Level: Main
  • Room 10: Den/Office, 13x11, On Level: Main
  • Room 11: Rec Room, 17x16, On Level: Lower
  • Room 12: Rec Room, 17x16, On Level: Lower
  • Room 13: Bedroom, 18x13, On Level: Lower
  • Room 14: Sunroom/Solarium, 14x14, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3920
  • Below Grade Finished Sq Ft: 2097
  • Total Fin Square Footage: 6017

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved, Private
  • LakeAcres: 14652
  • Exterior: Brick, Wood
  • Pool: Heated, In-Ground, Outdoor
  • Roof: Wood Shingles
  • Waterfront: Yes
  • Water Frontage: 110
  • Waterfront Description: Lake

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: S110x220x1
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2012
  • Tax Value: 19561

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Rovick Roger and Rovick Carol
Bought by
Mitchell Sarah and Mitchell Ned
Total Days on Market
50
Current Estimated Value
$2,875,666

Purchase Details

Closed on
Aug 14, 2023
Sold by
Rovick Roger L and Rovick Carol J
Bought by
Mitchell Ned and Mitchell Sarah

Purchase Details

Listed on
Jul 19, 2013
Closed on
Nov 13, 2013
Sold by
Martin Larry J and Martin Janice M
Bought by
Rovick Roger L and Rovick Carol J
List Price
$1,850,000
Sold Price
$1,737,000
Premium/Discount to List
-$113,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$1,389,600
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Mitchell Sarah $2,882,500 --
Mitchell Ned $2,882,500 Edina Realty Title
Rovick Roger L $1,737,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lind Rovick Roger $1,440,000
Previous Owner Rovick Roger L $1,389,600
Previous Owner Martin Larry J $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2013 11/13/13 Sold $1,737,000 -6.1% $289 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $1,850,000 -- $307 / 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 $27,100 $2,344,600 $1,428,600 $916,000
2022 $22,619 $2,044,000 $1,242,000 $802,000
2021 $23,114 $1,731,000 $1,089,000 $642,000
2020 $25,475 $1,774,000 $1,150,000 $624,000
2019 $24,638 $1,842,000 $973,000 $869,000
2018 $23,004 $1,750,000 $936,000 $814,000
2017 $23,068 $1,587,000 $900,000 $687,000
2016 $22,603 $1,550,000 $900,000 $650,000
2015 $22,224 $1,530,000 $880,000 $650,000
2014 -- $1,126,000 $575,000 $551,000
Source: Public Records

Map

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 4509689

REALTOR® Association of Southern Minnesota

APN: 16-117-23-42-0023