NOT LISTED FOR SALE

3151 3151 Lafayette Ridge Rd Minnetonka Beach, MN 55391

Estimated Value: $985,000 - $1,358,000

4 Beds
3.5 Baths
3,918 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $418,000 $107 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $7,121/month

101 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Whirlpool Bathtub
  • Schumann Elementary School Rated A-
  • Deck
  • Formal Dining Room

About This Home

As of March 2012

Prestigious Mtka Beach! N`hood Assoc offers private beach w/picnic area, 32 ft deeded dock, tennis courts & gazebo. 4BDRM/4BA 2 story, 2 FRPLCS, 4-season porch, wrap around deck. Home needs some TLC.

Last Agent to Sell the Property

Christopher Willette

Edina Realty, Inc. Listed on: 11/17/2011

Last Buyer's Agent

Michael Loehrer

Counselor Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,285

Year Built

  • 1987

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Many Trees

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,285

Year Built

1987

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 0.32
  • Construction: Previously Owned
  • Foundation Size: 1561
  • Potential Short Sale: Yes
  • Projected Closed Date: 03/30/2012
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 7617.08
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 17x13, On Level: Main
  • Room 2: Dining Room, 13x13, On Level: Main
  • Room 3: Family Room, 19x14, On Level: Main
  • Room 4: Kitchen, 10x18, On Level: Main
  • Room 5: Bedroom, 27x18, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 15x11, On Level: Upper
  • Room 8: Bedroom, 15x12, On Level: Lower
  • Room 9: Rec Room, 28x15, On Level: Lower
  • Room 10: Rec Room, 19x08, On Level: Lower
  • Room 11: Other, 17x14, On Level: Lower
  • Room 12: 4 Season Porch, 14x10, On Level: Main
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2357
  • Below Grade Finished Sq Ft: 1561
  • Total Fin Square Footage: 3918

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • LakeAcres: 14652
  • Exterior: Brick, Wood
  • Roof: Wood Shingles
  • Waterfront: Yes
  • Waterfront Description: Deeded Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 2500

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: N56X150X15
  • Lot/Land Description: Cul De Sac, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2011
Closed on
Mar 30, 2012
Sold by
Schroeter Richard A
Bought by
Suiter Jayme C and Suiter Davida D
Seller's Agent
Christopher Willette
Edina Realty, Inc.
Buyer's Agent
Michael Loehrer
Counselor Realty, Inc
List Price
$519,900
Sold Price
$418,000
Premium/Discount to List
-$101,900
-19.6%
Current Estimated Value
$1,126,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,681
Avg. Annual Appreciation
7.62%
Original Mortgage
$397,100
Outstanding Balance
$274,152
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$852,529

Purchase Details

Closed on
Jun 18, 1999
Sold by
Laptewicz Joseph E and Laptewicz Maria A
Bought by
Schroeter Richard A
Source: Public Records

Range of Values:

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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
Suiter Jayme C $418,000 Land Title Inc
Schroeter Richard A $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suiter Jayme C $397,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $418,000 -19.6% $107 / Sq Ft
02/26/2012 02/26/12 Pending -- -- --
11/17/2011 11/17/11 For Sale $519,900 -- $133 / 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 $11,285 $990,600 $635,300 $355,300
2023 $12,128 $1,096,600 $710,900 $385,700
2022 $8,581 $970,000 $645,000 $325,000
2021 $8,665 $710,000 $357,000 $353,000
2020 $7,544 $718,000 $369,000 $349,000
2019 $7,166 $605,000 $335,000 $270,000
2018 $7,626 $569,000 $309,000 $260,000
2017 $7,694 $586,000 $344,000 $242,000
2016 $7,592 $578,000 $344,000 $234,000
2015 $7,315 $562,000 $328,000 $234,000
2014 -- $425,000 $198,000 $227,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Christopher Willette

    Edina Realty, Inc.

  • M

    Buyer's Agent in 2012

    Michael Loehrer

    Counselor Realty, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4089657

REALTOR® Association of Southern Minnesota

APN: 16-117-23-33-0008

Minnesota Hennepin County Minnetonka Beach 55391

3151 3151 Lafayette Ridge Rd, Minnetonka Beach, MN

This home is located at 3151 3151 Lafayette Ridge Rd, Minnetonka Beach, MN 55391 since 17 November 2011 and is currently estimated at $1,126,681, approximately $287 per square foot. This property was built in 1987. 3151 3151 Lafayette Ridge Rd is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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