NOT LISTED FOR SALE

2928 2928 Northview Rd Minnetonka Beach, MN 55391

Estimated Value: $4,078,830 - $5,880,000

6 Beds
5.5 Baths
7,027 Sq Ft
$744/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $3,000,000 $427 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $32,426/month

217 Days on Market

Highlights

  • Lake Front
  • Docks
  • 1.29 Acre Lot
  • Schumann Elementary School Rated A-
  • Sauna
  • Deck

About This Home

As of March 2015

An extraordinary Lake Mtka estate in sought after Minnetonka Beach! Set on 1.29 acres of picturesque grounds with 120 ft on A-rated Crystal Bay. Charming boathouse, gourmet kitchen, wine cellar, sport court & more! Near the Lafayette Club, parks & trails!

Last Agent to Sell the Property

Susan Wahman

Edina Realty, Inc. Listed on: 07/10/2014

Co-Listed By

Janet Boschwitz

Edina Realty, Inc.

Last Buyer's Agent

Martin Siegel

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,241

Year Built

  • Built in 1997

Lot Details

  • 1.29 Acre Lot
  • Lake Front
  • Property has an invisible fence for dogs
  • Electric Fence
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 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
  • Sump Pump
  • Drain

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

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

Additional Features

  • Air Exchanger
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1611723310054

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,241

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Sauna, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt, Electric Fenced, Inground Sprinkler System, Invisible Fencing, Patio, Sauna
  • Estimated Number of Acres: 1.29
  • Construction: Previously Owned
  • Foundation Size: 2907
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 1611723310054
  • Projected Closed Date: 03/09/2015
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 29241
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Room 1: Living Room, 17x16, On Level: Main
  • Room 2: Dining Room, 17x12, On Level: Main
  • Room 3: Family Room, 18x15, On Level: Main
  • Room 4: Kitchen, 18x17, On Level: Main
  • Room 5: Bedroom, 18x12, On Level: Main
  • Room 6: Bedroom, 15x15, On Level: Upper
  • Room 7: 14x12, On Level: Upper
  • Room 8: Bedroom, 14x12, On Level: Upper
  • Room 9: Bedroom, 14x12, On Level: Upper
  • Room 10: Bedroom, 14x14, On Level: Upper
  • Room 11: Den/Office, 12x11, On Level: Main
  • Room 12: Wine Cellar, 21x14, On Level: Lower
  • Room 13: Rec Room, 21x18, On Level: Lower
  • Room 14: Den/Office, 14x11, On Level: Upper
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 5135
  • Below Grade Finished Sq Ft: 1892
  • Total Fin Square Footage: 7027

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4

Utilities

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

Schools

  • School District: Orono #278

Lot Info

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

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2014
  • Tax Value: 29241

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Mar 9, 2015
Sold by
Gabos John S and Gabos Christine A
Bought by
White Otter Llc
Seller's Agent
Susan Wahman
Edina Realty, Inc.
Buyer's Agent
Martin Siegel
Coldwell Banker Burnet
List Price
$3,445,000
Sold Price
$3,000,000
Premium/Discount to List
-$445,000
-12.92%
Current Estimated Value
$5,228,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,228,943
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,500,000
Outstanding Balance
$1,031,730
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,197,213

Purchase Details

Closed on
Oct 28, 1995
Sold by
Humphrey Douglas
Bought by
Gabos John S and Gabos Christine A
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
White Otter Llc $3,000,000 Burnet Title
Gabos John S $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Otter Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $3,000,000 -12.9% $427 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
07/10/2014 07/10/14 For Sale $3,445,000 -- $490 / 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
2024 $56,436 $4,611,300 $2,872,600 $1,738,700
2023 $53,645 $4,557,400 $2,845,100 $1,712,300
2022 $43,380 $3,970,000 $2,103,000 $1,867,000
2021 $43,351 $3,241,000 $1,742,000 $1,499,000
2020 $46,088 $3,253,000 $2,082,000 $1,171,000
2019 $45,204 $3,264,000 $2,062,000 $1,202,000
2018 $44,631 $3,140,000 $1,964,000 $1,176,000
2017 $43,970 $2,948,000 $1,739,000 $1,209,000
2016 $35,731 $2,400,000 $1,321,000 $1,079,000
2015 $32,406 $2,191,000 $1,290,000 $901,000
2014 -- $1,850,000 $930,000 $920,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4646227

REALTOR® Association of Southern Minnesota

APN: 16-117-23-31-0054