NOT LISTED FOR SALE

3185 3185 Lake Shore Blvd Minnetonka, MN 55391

Libbs Lake Neighborhood

Estimated Value: $1,294,000 - $2,651,000

2 Beds
2 Baths
1,679 Sq Ft
$1,337/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $669,000 $398 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $14,872/month

390 Days on Market

Highlights

  • 124 Feet of Waterfront
  • Docks
  • Heated Floors
  • Groveland Elementary School Rated A
  • Sauna
  • Two Primary Bathrooms

About This Home

As of August 2013

Spacious lake lot on Libbs, Lake Minnetonka's close-in bay, has privacy on three sides and views galore. Enjoy one level living with fresh decor, bedrooms ensuite, roomy decks, bright sunrm, heated gar w/xtra parking. Move-in cond. Bring your dreams!

Last Agent to Sell the Property

Bretta Wilbur

Blue House Realty LLC Listed on: 08/04/2012

Co-Listed By

Deborah Nelson

Blue House Realty LLC

Last Buyer's Agent

Deborah Nelson

Blue House Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,473

Year Built

  • Built in 1920

Lot Details

  • 0.41 Acre Lot
  • 124 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Partially Fenced Property
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,679 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Docks
  • Deck

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1711722130014

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,473

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Sauna, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt, Fenced Yard - Partial, Inground Sprinkler System, Sauna
  • Estimated Number of Acres: 0.41
  • Construction: Previously Owned
  • Foundation Size: 1679
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1711722130014
  • Projected Closed Date: 08/29/2013
  • Stories: 1 Story
  • Street Designation: Boulevard
  • Taxes With Assessments: 11473
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor Full Bath, Private Master, Separate Tub & Shower, Two Master Baths, Whirlpool
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x16, On Level: Main
  • Room 2: Dining Room, 10x9, On Level: Main
  • Room 4: Kitchen, 13x7, On Level: Main
  • Room 5: Bedroom, 15x14, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 9: Den/Office, 16x8, On Level: Main
  • Room 10: Sunroom/Solarium, 15x6, On Level: Main
  • Room 11: Deck, 51x14, On Level: Main
  • Room 12: Deck, 10x12, On Level: Main
  • Basement Features: Sump Pump
  • Basement Style: Crawl Space, Partial
  • Finished Above Grade Sq Ft: 1679
  • Total Fin Square Footage: 1679

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved
  • LakeAcres: 14652
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 124
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: L124x124x1
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2012
  • Tax Value: 11473

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Kline Richard G and Kline Lainie
Bought by
Homestead Trust and Kline
Current Estimated Value
$2,202,380

Purchase Details

Closed on
Apr 3, 2016
Sold by
Kline Jennifer Susan
Bought by
Kline Richard Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2015
Sold by
Kline Jennifer Susan
Bought by
Kline Richard Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2013
Sold by
Hanlon Stephen D and Hanlon Kristine
Bought by
Kline Richard G and Kline Jennifer S

Purchase Details

Listed on
Aug 4, 2012
Closed on
Aug 29, 2013
Sold by
Wilbur Donald H and Wilbur Bretta B
Bought by
Kline Richard G and Kline Jennifer S
Seller's Agent
Bretta Wilbur
Blue House Realty LLC
Buyer's Agent
Deborah Nelson
Blue House Realty LLC
List Price
$749,900
Sold Price
$669,000
Premium/Discount to List
-$80,900
-10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$751,500
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
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
Homestead Trust $500 None Listed On Document
Kline Richard Gary -- Attorney
Kline Richard Gary -- Attorney
Kline Richard Gary -- Attorney
Kline Richard G $23,500 None Available
Kline Richard G $669,000 Booth Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kline Richard Gary $2,000,000
Previous Owner Kline Richard Gary $2,000,000
Previous Owner Kline Richard Gary $862,500
Previous Owner Kline Richard Gary $862,500
Previous Owner Kline Richard G $751,500
Previous Owner Wilbur Donald H $56,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $669,000 -10.8% $398 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
08/04/2012 08/04/12 For Sale $749,900 -- $447 / 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 $33,765 $2,357,700 $1,301,500 $1,056,200
2022 $29,396 $2,151,100 $1,131,800 $1,019,300
2021 $27,936 $1,876,300 $905,500 $970,800
2020 $14,546 $1,794,000 $823,200 $970,800
2019 $15,631 $935,000 $735,000 $200,000
2018 $14,797 $995,300 $735,000 $260,300
2017 $14,945 $937,900 $696,800 $241,100
2016 $14,444 $905,000 $627,800 $277,200
2015 $11,348 $723,600 $575,000 $148,600
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4384142

REALTOR® Association of Southern Minnesota

APN: 17-117-22-13-0098