NOT LISTED FOR SALE

Estimated Value: $1,556,000 - $1,604,000

4 Beds
3 Baths
2,009 Sq Ft
$789/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $924,500 $460 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,389/month

136 Days on Market

Highlights

  • Lake Front
  • Beach View
  • 1.02 Acre Lot
  • Groveland Elementary School Rated A
  • Dock Available
  • Vaulted Ceiling

About This Home

As of August 2017

Lake Minnetonka. Peaceful and serene Libbs Lake. Two PID's. This property is a combination of lakeshore and wetlands and sits on a private cul-de-sac. Built in 1920, addition/remodel 1991. Open floor plan, hardwood flooring, SS appl., granite countertops. Views from every room. Main floor master suite. Original fieldstone frpl. can have gas insert. Over 2900 sq. ft., can finish more, create a custom room. Furnace 2015, new carpet, new paint, roof 2013. Close-in. MTKA schools, Groveland Elem.

Last Listed By

Lezlie Bork

Edina Realty, Inc. Listed on: 02/21/2017

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,842

Year Built

  • Built in 1920

Lot Details

  • 1.02 Acre Lot
  • Lake Front
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Property Views

  • Beach
  • Lake

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Dock Available
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1711722130015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,842

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Metal
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2009.00
  • Above Grade Finished Area Search: 2009.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 920.00
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Reeds, Soft, Weeds
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 4268
  • Listing Organization: Iowa
  • Living Area Finished: 2929.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1711722130015,1711722140032
  • Rental License: No
  • Stories Type: One
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 250
  • Waterfront Slope Type: Gradual
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Crawl Space, Daylight/Lookout Windows, Finished (Livable), Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Dining Room Features: Breakfast Area, Eat In Kitchen
  • Family Room Features: Great Room, Lower Level
  • Bathroom Type: Full Basement, Full Master, Main Floor Full Bath
  • Fireplace: No
  • Stories: 1
  • Below Grade Finished Sq Ft: 920.00

Beds/Baths

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 14729.56000
  • Waterfront View: East, Lake
  • PoolFeatures: None
  • Fencing: None
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Property Amenities: Ceiling Fan(s), Dock, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 276 - Minnetonka
  • School District Phone: 952-401-5000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: Irregular
  • Homestead: Yes
  • Lot Features: Corner Lot, Other, Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Lot Size Acres: 1.0200
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: BLOCK 002 THORPE BROS GROVELAND SHORES LOTS 1 AND 2
  • Tax Amount: 8842.00
  • Tax Year: 2017
  • Tax With Assessments: 8841.68
  • Assessor Parcel Number: 1711722130015

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front, Lake View, Dock

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Aug 8, 2017
Sold by
Hanlon Stephen D and Hanlon Kristine M
Bought by
Jamb Ii Llc
Seller's Agent
Lezlie Bork
Edina Realty, Inc.
Buyer's Agent
Michael Wasem
Edina Realty, Inc.
List Price
$975,000
Sold Price
$924,500
Premium/Discount to List
-$50,500
-5.18%
Total Days on Market
136
Current Estimated Value
$1,584,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,044
Avg. Annual Appreciation
7.16%

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
Jamb Ii Llc $924,500 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanlon Stephen D $61,000
Previous Owner Hanlon Stephen D $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $924,500 -5.2% $460 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $975,000 -- $485 / Sq Ft
Source: NorthstarMLS

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 $19,247 $1,378,400 $869,600 $508,800
2022 $15,697 $1,261,000 $756,200 $504,800
2021 $14,798 $1,039,600 $605,000 $434,600
2020 $14,441 $987,900 $550,000 $437,900
2019 $12,849 $928,900 $500,000 $428,900
2018 $11,781 $832,200 $500,000 $332,200
2017 $11,607 $746,700 $444,000 $302,700
2016 $7,384 $502,800 $218,300 $284,500
2015 $7,022 $475,900 $200,000 $275,900
2014 -- $557,300 $288,400 $268,900
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST4796749

NorthstarMLS

APN: 17-117-22-13-0015