NOT LISTED FOR SALE

32 32 W Point Place Tonka Bay, MN 55331

Estimated Value: $674,000 - $868,000

2 Beds
2.5 Baths
2,050 Sq Ft
$400/mo HOA Fee

Last Sold August 01, 2014

Last sale price $429,000 $209 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,287/month

36 Days on Market

Highlights

  • Lake Front
  • Docks
  • Vaulted Ceiling
  • Minnewashta Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2014

DISCOVER carefree living on Lake Minnetonka in this end unit townhome near Excelsior. Nicely appointed with many updates-sits on a protected cove of lower lake w/permanent covered slip for your boat. Open great room flr plan, loft/office area & much more!

Last Agent to Sell the Property

Joel Hentges

Counselor Realty, Inc. Listed on: 05/21/2014

Last Buyer's Agent

Pamela Stovern

RE/MAX Advantage Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1986

Lot Details

  • Lake Front
  • Property fronts a private road
  • Few Trees

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, shared amenities, snow removal

Listing and Financial Details

  • Assessor Parcel Number 2111723440094

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,585

Year Built

Built in 1986

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Garage Door Opener, Hardwood Floors, Skylight, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt, Driveway - Shared
  • Estimated Number of Acres: 0.05
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 900
  • Parcel Number: 2111723440094
  • Projected Closed Date: 08/01/2014
  • Street Designation: Place
  • Taxes With Assessments: 4585
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 22x14, On Level: Main
  • Room 2: Dining Room, 12x9, On Level: Main
  • Room 4: Kitchen, 13x9, On Level: Main
  • Room 5: Bedroom, 19x14, On Level: Upper
  • Room 6: Bedroom, 18x11, On Level: Upper
  • Room 9: Loft, 12x7, On Level: Upper
  • Room 10: Laundry Room, 9x6, On Level: Upper
  • Room 11: Dining Room, 10x8, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 2050
  • Total Fin Square Footage: 2050

Exterior Features

  • Frontage Road: Private
  • LakeAcres: 14652
  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 400

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 70x32
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2014
  • Tax Value: 4585

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Aug 1, 2014
Sold by
Jakobsen Jo Ellyn and Jakobsen Trond A
Bought by
Herman Peter M
Seller's Agent
Joel Hentges
Counselor Realty, Inc.
Buyer's Agent
Pamela Stovern
RE/MAX Advantage Plus
List Price
$439,000
Sold Price
$429,000
Premium/Discount to List
-$10,000
-2.28%
Total Days on Market
36
Current Estimated Value
$767,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,867
Avg. Annual Appreciation
6.00%
Original Mortgage
$269,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 9, 1997
Sold by
Shields Michael R and Shields Judith Anne
Bought by
Jakobsen Trond A
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
Herman Peter M $429,000 Liberty Title Inc
Jakobsen Trond A $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Peter M $175,000
Closed Herman Peter M $269,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $429,000 -2.3% $209 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $439,000 -- $214 / 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 $6,909 $641,900 $300,000 $341,900
2022 $6,259 $628,000 $300,000 $328,000
2021 $5,895 $535,000 $263,000 $272,000
2020 $6,093 $503,000 $240,000 $263,000
2019 $6,063 $495,000 $240,000 $255,000
2018 $5,751 $486,000 $240,000 $246,000
2017 $5,145 $410,000 $193,000 $217,000
2016 $4,590 $363,000 $154,000 $209,000
2015 $4,125 $344,000 $137,000 $207,000
2014 -- $344,000 $142,000 $202,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4622177

REALTOR® Association of Southern Minnesota

APN: 21-117-23-44-0094