NOT LISTED FOR SALE

27785 27785 Island View Rd Shorewood, MN 55331

Estimated Value: $781,354 - $814,000

3 Beds
2 Baths
2,110 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 22, 2012

Last sale price $275,000 $130 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,658/month

27 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Minnewashta Elementary School Rated A
  • Skylights
  • Landscaped with Trees

About This Home

As of May 2012

RULE #1, invest in the least expensive home on the block! VISIONARY wanted to discover this classic rambler w/open floor plan in an area of multi million dollar homes. Home has been well cared for and lends itself to a remodel or addition. See photos

Last Agent to Sell the Property

Joel Hentges

Counselor Realty, Inc. Listed on: 04/04/2012

Last Buyer's Agent

Mark Solem

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,036

Year Built

  • Built in 1961

Lot Details

  • 0.53 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3111723120007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,036

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Skylight, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.53
  • Construction: Previously Owned
  • Foundation Size: 1630
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 3111723120007
  • Projected Closed Date: 05/22/2012
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 4036
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x15, On Level: Main
  • Room 2: Dining Room, 10x08, On Level: Main
  • Room 3: Family Room, 24x18, On Level: Main
  • Room 4: Kitchen, 15x10, On Level: Main
  • Room 5: Bedroom, 24x12, On Level: Main
  • Room 6: Bedroom, 11x09, On Level: Main
  • Room 7: 15x10, On Level: Lower
  • Room 9: Rec Room, 18x15, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1630
  • Below Grade Finished Sq Ft: 480
  • Total Fin Square Footage: 2110

Exterior Features

  • Frontage Road: Dead End/No Outlet, Private
  • LakeAcres: 14652
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: N140X236X9
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1961

Tax Info

  • Year: 2012
  • Tax Value: 4036

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 22, 2012
Sold by
Burdick Li Hong
Bought by
Wagner Mark P and Wagner Amy R
Seller's Agent
Joel Hentges
Counselor Realty, Inc.
Buyer's Agent
Mark Solem
RE/MAX Advantage Plus
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Current Estimated Value
$720,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,670
Avg. Annual Appreciation
7.60%
Original Mortgage
$220,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 18, 2012
Sold by
Burdick Blaine Clarence
Bought by
Burdick Li Hong
Seller's Agent
Joel Hentges
Counselor Realty, Inc.
Buyer's Agent
Mark Solem
RE/MAX Advantage Plus
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Wagner Mark P $275,000 Msp Title Inc
Burdick Li Hong -- Trademark Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Mark P $245,000
Closed Wagner Mark P $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2012 05/22/12 Sold $275,000 -4.8% $130 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $289,000 -- $137 / 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 $8,543 $722,300 $305,000 $417,300
2022 $6,426 $616,000 $220,000 $396,000
2021 $6,117 $504,000 $160,000 $344,000
2020 $6,380 $476,000 $145,000 $331,000
2019 $6,326 $473,000 $145,000 $328,000
2018 $5,842 $466,000 $158,000 $308,000
2017 $5,480 $400,000 $135,000 $265,000
2016 $6,193 $443,000 $206,000 $237,000
2015 $5,143 $370,000 $133,000 $237,000
2014 -- $358,000 $150,000 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4117359

REALTOR® Association of Southern Minnesota

APN: 31-117-23-12-0007