NOT LISTED FOR SALE

3059 Farview Ln Orono, MN 55356

Estimated Value: $3,375,605 - $3,481,000

3 Beds
6 Baths
7,365 Sq Ft
$464/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $1,600,000 $217 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $21,477/month

437 Days on Market

Highlights

  • Lake Front
  • Docks
  • 2.82 Acre Lot
  • Schumann Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of October 2013

Stunning contemporary on extremely private 2.82 acre lot w/picturesque lake/wetland views. Dbl story LR, walls of windows, two kitchens, indoor racquetball court, elevator & 250' shoreline.

Last Agent to Sell the Property

Ryan Burnet

Coldwell Banker Burnet Listed on: 05/14/2012

Co-Listed By

Bruce Birkeland

Coldwell Banker Burnet

Last Buyer's Agent

Bruce Birkeland

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,695

Year Built

  • Built in 1980

Lot Details

  • 2.82 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Docks
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0411723330008

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,695

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Security System, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Fenced Yard - Partial, Inground Sprinkler System
  • Estimated Number of Acres: 2.82
  • Assessment Balance: 862.13
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 3094
  • Parcel Number: 0411723330008
  • Projected Closed Date: 10/16/2013
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 31557.12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 6
  • Room 1: Living Room, 37x20, On Level: Main
  • Room 2: Dining Room, 18x14, On Level: Main
  • Room 3: Family Room, 19x18, On Level: Main
  • Room 4: Kitchen, 21x10, On Level: Main
  • Room 5: Bedroom, 22x13, On Level: Upper
  • Room 6: Bedroom, 11x08, On Level: Upper
  • Room 7: 12x12, On Level: Lower
  • Room 9: Dining Room, 14x11, On Level: Main
  • Room 10: Loft, 16x14, On Level: Upper
  • Room 11: Rec Room, 31x25, On Level: Lower
  • Room 12: Sunroom/Solarium, 13x11, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 5025
  • Below Grade Finished Sq Ft: 2340
  • Total Fin Square Footage: 7365

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Stucco
  • Pool: In-Ground, Outdoor
  • Roof: Flat
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: NE162X540X
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2011
  • Tax Value: 30695

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Wang Lixiao and Shang Ling
Bought by
The Selw Family Trust
Total Days on Market
437
Current Estimated Value
$3,420,868

Purchase Details

Listed on
May 14, 2012
Closed on
Oct 16, 2013
Sold by
Baker Karen Hyde
Bought by
Wang Lixiao and Shang Ling
Seller's Agent
Ryan Burnet
Coldwell Banker Burnet
Buyer's Agent
Bruce Birkeland
Coldwell Banker Burnet
List Price
$2,500,000
Sold Price
$1,600,000
Premium/Discount to List
-$900,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Oct 1, 2009
Sold by
Blair Janis
Bought by
Baker Karen Joan Hyde
Source: Public Records

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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
The Selw Family Trust -- West Title Llc
Wang Lixiao $1,600,000 West Title Llc
Baker Karen Joan Hyde $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Lixiao $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2013 10/16/13 Sold $1,600,000 -36.0% $217 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
05/14/2012 05/14/12 For Sale $2,500,000 -- $339 / 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 $28,175 $2,548,400 $1,795,800 $752,600
2022 $24,180 $2,342,000 $1,710,000 $632,000
2021 $23,627 $1,945,000 $1,470,000 $475,000
2020 $22,885 $1,908,000 $1,441,000 $467,000
2019 $22,747 $1,774,000 $1,310,000 $464,000
2018 $22,088 $1,737,000 $1,248,000 $489,000
2017 $21,459 $1,594,000 $1,088,000 $506,000
2016 $20,774 $1,545,000 $1,088,000 $457,000
2015 $20,301 $1,513,000 $1,056,000 $457,000
2014 -- $2,262,000 $1,480,000 $782,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4128806

REALTOR® Association of Southern Minnesota

APN: 04-117-23-33-0008