NOT LISTED FOR SALE

332 W Lake St Long Lake, MN 55356

Estimated Value: $1,730,000 - $2,478,000

3 Beds
2.5 Baths
3,431 Sq Ft
$621/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $2,025,000 $590 Per Sq Ft

Current estimated payment $12,922/month

48 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Home Theater
  • No HOA
  • Schumann Elementary School Rated A-
  • 58,370 Sq Ft lot
  • Game Room

About This Home

As of July 2023

The Lighthouse Keeper’s Cottage, a Lake Minnetonka Landmark, is a one-of-a-kind inspired residence infused with tranquility, nature and privacy. Nestled on the shores of Lake Minnetonka, tucked into a north wood setting with towering tree lined driveway with 1.34 acres and 100’ of lakeshore.Completely rebuilt in 2000, this home is thoughtfully designed with captivating panoramic views of Lake Minnetonka from nearly every room. This home boasts artistic elements and custom finishes: hand-scraped hickory floors, bullnose corners, peaked roof, and amazing natural light filled rooms. A very special opportunity to live the lake lifestyle surrounded by nature, water and artistic inspiration.The family rm boasts floor-to-ceiling windows that frame picturesque scenery and panoramic lake views. The primary bedroom, with peaked roof and wall of windows, welcomes each day with spectacular sunrises and views of dancing waters. This is your private sanctuary inspired by art, nature and water.

Last Agent to Sell the Property

Lisa Norton

Coldwell Banker Realty Brokerage Phone: 952-215-1374 Listed on: 05/09/2023

Coldwell Banker Realty

Last Buyer's Agent

Jeffrey Dewing

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,743

Year Built

  • Built in 1906

Lot Details

  • 1.34 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Well

Community Details

  • No Home Owners Association
  • Hillside Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0511723230039

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,743

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 1963
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-215-1374
  • Attribution Contact: 952-215-1374
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 3431
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1468
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Sitting Room, Bedroom 1, Bedroom 2, Bedroom 3, Game Room, Media Room, Office, Exercise Room
  • SqFtTotal: 3431.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shake, Age 8 Years or Less
  • View: East, Lake, Panoramic
  • Other Structures: Boat House
  • Lake Acres: 14729
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 540

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 58370
  • Lot Size Sq Ft: 58370.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0511723230039
  • Tax Annual Amount: 19743
  • TaxWithAssessments: 19743.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 26, 2023
Sold by
Bichanich Jennifer Doris Linse
Bought by
Pasqua Michael and Pasqua Jessica
Seller's Agent
Lisa Norton
Coldwell Banker Realty
Buyer's Agent
Jeffrey Dewing
Coldwell Banker Realty
List Price
$1,950,000
Sold Price
$2,025,000
Premium/Discount to List
$75,000
3.85%
Views
238
Current Estimated Value
$2,015,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,458
Avg. Annual Appreciation
-0.25%
Original Mortgage
$1,518,750
Outstanding Balance
$1,490,735
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$524,041

Purchase Details

Closed on
Jul 3, 2013
Sold by
Bichnich Mary Beth
Bought by
Bichanich Blake Michael
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
Pasqua Michael $2,025,000 Burnet Title
Bichanich Blake Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasqua Michael $1,518,750
Previous Owner Bichanich Blake M $255,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $2,025,000 +3.8% $590 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $1,950,000 -- $568 / 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 $22,639 $2,064,300 $1,870,500 $193,800
2022 $14,664 $1,780,000 $1,589,000 $191,000
2021 $14,134 $1,213,000 $1,190,000 $23,000
2020 $13,274 $1,175,000 $1,155,000 $20,000
2019 $13,049 $1,064,000 $1,050,000 $14,000
2018 $13,183 $1,032,000 $1,000,000 $32,000
2017 $12,166 $940,000 $930,000 $10,000
2016 $12,163 $940,000 $930,000 $10,000
2015 $11,864 $920,000 $910,000 $10,000
2014 -- $1,022,000 $905,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6321418

NorthstarMLS

APN: 05-117-23-23-0039