NOT LISTED FOR SALE

2905 2905 Oak Lea Terrace Minnetonka, MN 55391

Estimated Value: $805,395 - $1,102,000

4 Beds
4 Baths
3,983 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $530,000 $133 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,845/month

140 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Cul-De-Sac
  • Hopkins Senior High School Rated A-
  • Formal Dining Room
  • 3-minute walk to Mooney Farm Park

About This Home

As of April 2014

Traditional New England home in the heart of Minnetonka! With a bonus room over the garage, a large open lower level, two separate offices, a dining room, and living room, privacy and peace and quiet abound in this remarkable home.

Last Agent to Sell the Property

Virginia Lord

Coldwell Banker Burnet Listed on: 10/02/2013

Last Buyer's Agent

Thomas Kendall

Lakes Area Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,125

Year Built

  • 1976

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Irregular Lot
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Tuck Under Garage
  • Tandem Garage
  • Driveway

Outdoor Features

  • Spa
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1611722110030

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,125

Year Built

1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Hot Tub, Natural Woodwork, Skylight, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Hot Tub, Patio, Porch
  • Estimated Number of Acres: 0.41
  • Construction: Previously Owned
  • Foundation Size: 1000
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1611722110030
  • Projected Closed Date: 04/25/2014
  • Stories: 2 Story
  • Street Designation: Terrace
  • Taxes With Assessments: 6670
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, 3/4 Master, Main Floor 1/2 Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 17x13, On Level: Main
  • Room 2: Dining Room, 13x13, On Level: Main
  • Room 3: Family Room, 22x15, On Level: Main
  • Room 4: Kitchen, 20x13, On Level: Main
  • Room 5: Bedroom, 18x13, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: Bedroom, 22x12, On Level: Upper
  • Room 10: Porch, 14x14, On Level: Main
  • Room 11: Laundry Room, 13x10, On Level: Main
  • Room 12: Den/Office, 13x10, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3068
  • Below Grade Finished Sq Ft: 915
  • Total Fin Square Footage: 3983

Exterior Features

  • Frontage Road: Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tandem, Tuckunder
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Hopkins #270

Lot Info

  • Estimated Lot Dimensions: irregular
  • Lot/Land Description: Cul De Sac, Irregular Lot, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Apr 25, 2014
Sold by
Greene Thomas A and Greene Jeanne F
Bought by
Holton Lori E and Holton Michael C
Seller's Agent
Virginia Lord
Coldwell Banker Burnet
Buyer's Agent
Thomas Kendall
Lakes Area Realty, Inc
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Total Days on Market
140
Current Estimated Value
$905,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,849
Avg. Annual Appreciation
5.20%
Original Mortgage
$530,000
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Holton Lori E $530,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holton Michael C $465,000
Closed Hotton Michael C $75,000
Closed Holton Michael C $417,000
Closed Holton Lori E $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $530,000 +1.0% $133 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $525,000 -- $132 / 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 $9,125 $722,900 $202,400 $520,500
2022 $8,120 $695,000 $202,400 $492,600
2021 $7,827 $618,900 $184,000 $434,900
2020 $8,138 $606,000 $184,000 $422,000
2019 $7,758 $598,600 $184,000 $414,600
2018 $7,558 $579,000 $184,000 $395,000
2017 $6,672 $487,400 $173,200 $314,200
2016 $6,864 $486,900 $159,600 $327,300
2015 $5,319 $371,900 $150,000 $221,900
2014 -- $420,300 $150,000 $270,300
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Virginia Lord

    Coldwell Banker Burnet

  • T

    Buyer's Agent in 2014

    Thomas Kendall

    Lakes Area Realty, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4545720

REALTOR® Association of Southern Minnesota

APN: 16-117-22-11-0030

Minnesota Hennepin County Minnetonka 55391

2905 2905 Oak Lea Terrace, Minnetonka, MN

This home is located at 2905 2905 Oak Lea Terrace, Minnetonka, MN 55391 since 02 October 2013 and is currently estimated at $905,849, approximately $227 per square foot. This property was built in 1976. 2905 2905 Oak Lea Terrace is a home located in Hennepin County with nearby schools including Eisenhower Elementary School, Hopkins West Junior High School, and Hopkins Senior High School.

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