Estimated Value: $2,544,433 - $2,840,000
5
Beds
4.5
Baths
5,149
Sq Ft
$518/Sq Ft
Est. Value
Highlights
- Lake Front
- Beach View
- Deck
- Shirley Hills Primary School Rated A
- Beach Access
- Vaulted Ceiling
About This Home
As of June 2022Ready for move in before ICE OUT next Spring! Wake up to Stunning views of Phelps Bay and everything Lake Minnetonka has to offer. This newest LDK Homes model was custom designed to fit perfectly on this gorgeous 80 feet of prime lakeshore. Featuring 5 bedrooms and 5 bathrooms there will be plenty of room for all your lake guests to stay the weekend. Designed for entertaining, the kitchen is very expansive featuring beautiful custom cabinetry, chef quality appliances, massive 10' island and custom quartz countertops. The main level has full glass across the entire back of the house with retractible sliding patio doors leading to the gorgeous outdoor living space. The lower level is amazing with rare 12' ceilings and expansive lake views! We've maximized the lower level and added a full spancrete room under the garage which provides 700 additional square feet for a golf simulator, kids recreation area, hobby room or more.
Last Agent to Sell the Property
Keller Williams Premier Realty Lake Minnetonka Listed on: 09/24/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,706
Year Built
- Built in 2021
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 26x220x100x225
- Lake Front
Parking
- 2 Car Attached Garage
Home Design
- Poured Concrete
- Frame Construction
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 2-Story Property
- Wet Bar
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Panel Doors
- Great Room
- Family Room
- Living Room with Fireplace
- Beach Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Sump Pump
Eco-Friendly Details
- Electronic Air Cleaner
- Air Exchanger
Outdoor Features
- Beach Access
- Deck
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Softener is Owned
Community Details
- No Home Owners Association
- Phelps Island Park 1St Div Subdivision
Listing and Financial Details
- Assessor Parcel Number 1911723340081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2021
Closed on
Jun 30, 2022
Sold by
Ldk Builders Inc
Bought by
Hodge Gene F and Hodge Janice M
Seller's Agent
Scott Koppendrayer
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Linda Mulligan
RE/MAX Results
List Price
$2,195,000
Sold Price
$2,364,660
Premium/Discount to List
$169,660
7.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,698
Avg. Annual Appreciation
4.15%
Original Mortgage
$1,202,595
Outstanding Balance
$1,156,904
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,512,454
Purchase Details
Closed on
Aug 26, 2021
Sold by
Price Joleen L
Bought by
Ldk Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 18, 2019
Sold by
Price John W
Bought by
Price Joleen L
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hodge Gene F | $2,364,658 | None Listed On Document | |
| Ldk Builders Inc | $680,000 | Burnet Title | |
| Price Joleen L | -- | None Available | |
| -- | $680,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hodge Gene F | $1,202,595 | |
| Previous Owner | Ldk Builders Inc | $1,100,000 | |
| Closed | -- | $680,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2022 06/29/22 | Sold | $2,364,660 | +7.7% | $459 / Sq Ft |
| 09/30/2021 09/30/21 | Pending | -- | -- | -- |
| 09/24/2021 09/24/21 | For Sale | $2,195,000 | -- | $426 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $25,113 | $2,060,100 | $1,080,800 | $979,300 |
| 2022 | $8,351 | $908,000 | $898,000 | $10,000 |
| 2021 | $8,706 | $673,000 | $623,000 | $50,000 |
| 2020 | $8,011 | $666,000 | $616,000 | $50,000 |
| 2019 | $7,107 | $580,000 | $530,000 | $50,000 |
| 2018 | $7,213 | $515,000 | $465,000 | $50,000 |
| 2017 | $7,153 | $482,000 | $432,000 | $50,000 |
| 2016 | $7,137 | $462,000 | $412,000 | $50,000 |
| 2015 | $7,211 | $462,000 | $412,000 | $50,000 |
| 2014 | -- | $441,000 | $391,000 | $50,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Koppendrayer
Seller's Agent in 2022
Scott Koppendrayer
Keller Williams Premier Realty Lake Minnetonka
(763) 268-9232
5 in this area
36 Total Sales
-
Robert Ferguson
Seller Co-Listing Agent in 2022
Robert Ferguson
RE/MAX Results
(703) 926-6139
3 in this area
224 Total Sales
-
Linda Mulligan
Buyer's Agent in 2022
Linda Mulligan
RE/MAX Results
(952) 553-0768
2 in this area
95 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST6101104
APN: 19-117-23-34-0081
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