NOT LISTED FOR SALE

3045 3045 Lake Shore Ave Medina, MN 55359

Estimated Value: $943,649 - $1,171,000

3 Beds
2 Baths
3,445 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 27, 2014

Last sale price $452,998 $131 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,042/month

164 Days on Market

Highlights

  • 67 Feet of Waterfront
  • Deck
  • Landscaped with Trees
  • Schumann Elementary School Rated A-
  • 2 Car Detached Garage
  • 1-minute walk to Lakeshore Park

About This Home

As of March 2014

Traditional or Rent 2 Own Sale! Credit challenged buyers OK! 25,000 Price Reduction for R2O Sale! Architecturally designed lake home, great location with a sandy shore! Lg. loft with 15ft glass walls facing W to the lake. Detached sun room and new deck!

Last Agent to Sell the Property

Bradley Reiland

Berkshire Hathaway HomeServices Lovejoy Realty Listed on: 04/03/2012

Last Buyer's Agent

Bradley Reiland

Berkshire Hathaway HomeServices Lovejoy Realty Listed on: 04/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,297

Year Built

  • Built in 1980

Lot Details

  • 9,148 Sq Ft Lot
  • 67 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1811823220149

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,297

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck, Fenced Yard - Partial
  • Estimated Number of Acres: 0.21
  • Construction: Previously Owned
  • Foundation Size: 1787
  • Parcel Number: 1811823220149
  • Projected Closed Date: 03/13/2015
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 5297.3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 24x14, On Level: Main
  • Room 2: Dining Room, 12x10, On Level: Main
  • Room 3: Family Room, 24x16, On Level: Upper
  • Room 4: Kitchen, 20x8, On Level: Main
  • Room 5: Bedroom, 15x20, On Level: Lower
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 10x6, On Level: Main
  • Room 9: Patio, 12x12, On Level: Main
  • Room 10: Loft, On Level: Upper
  • Room 11: Sunroom/Solarium, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2373
  • Below Grade Finished Sq Ft: 1072
  • Total Fin Square Footage: 3445

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 832.02
  • Waterfront Name: Independence
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 67
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

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: Tree Coverage - Medium

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2013
  • Tax Value: 5297

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
Mar 12, 2014
Sold by
Whitehead Andrew Bruce and Whitehead Susan
Bought by
Herdegen Robert and Herdegen Carol
Seller's Agent
Bradley Reiland
Berkshire Hathaway HomeServices Lovejoy Realty
Buyer's Agent
Bradley Reiland
Berkshire Hathaway HomeServices Lovejoy Realty
List Price
$525,000
Sold Price
$452,998
Premium/Discount to List
-$72,002
-13.71%
Current Estimated Value
$978,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,579
Avg. Annual Appreciation
6.40%
Original Mortgage
$22,750
Interest Rate
4.29%
Mortgage Type
Credit Line Revolving
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
Herdegen Robert $432,600 Nations Title Agency Of Minn
Herdegen Robert $432,600 Nations Title Agency Of Minn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herdegen Robert $405,000
Closed Herdegen Robert $405,000
Closed Herdegen Robert $412,500
Closed Herdegen Robert $22,750
Closed Herdegen Robert $22,750
Closed Herdegen Robert $417,600
Closed Herdegen Robert $22,750
Previous Owner Whitehead Andrew Bruce $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $452,998 -13.7% $131 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $525,000 -- $152 / 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 $8,521 $814,700 $453,900 $360,800
2022 $8,219 $735,000 $420,000 $315,000
2021 $7,822 $690,000 $421,000 $269,000
2020 $7,992 $662,000 $398,000 $264,000
2019 $6,834 $649,000 $398,000 $251,000
2018 $6,884 $562,000 $318,000 $244,000
2017 $6,836 $546,000 $318,000 $228,000
2016 $6,276 $505,000 $293,000 $212,000
2015 $6,109 $505,000 $293,000 $212,000
2014 -- $486,000 $293,000 $193,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bradley Reiland

    Berkshire Hathaway HomeServices Lovejoy Realty

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4116889

REALTOR® Association of Southern Minnesota

APN: 18-118-23-22-0149

Minnesota Hennepin County Medina 55359

3045 3045 Lake Shore Ave, Medina, MN

This home is located at 3045 3045 Lake Shore Ave, Medina, MN 55359 since 03 April 2012 and is currently estimated at $1,046,162, approximately $303 per square foot. This property was built in 1980. 3045 3045 Lake Shore Ave is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

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