NOT LISTED FOR SALE

3532 3532 Ivy Place Orono, MN 55391

Estimated Value: $2,491,045 - $3,693,000

5 Beds
3.5 Baths
4,390 Sq Ft
$700/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $1,150,000 $262 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $18,241/month

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Shirley Hills Primary School Rated A
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of March 2012

Casco Point lakeshore - big views. Newer home with large great room, modern amenities, stone fireplace, great neighborhood. Move right in for summer on the lake.

Last Agent to Sell the Property

Gary Petersen

Coldwell Banker Burnet Listed on: 03/02/2012

Last Buyer's Agent

Patty Yorks

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,278

Year Built

  • 2000

Lot Details

  • 0.52 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,278

Year Built

2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Asphalt, Patio, Porch
  • Estimated Number of Acres: 0.52
  • Construction: Previously Owned
  • Foundation Size: 1580
  • Mechanicals: Central Vacuum, Water Softener-Owned
  • Projected Closed Date: 03/30/2012
  • Stories: 2 Story
  • Street Designation: Place
  • Taxes With Assessments: 17818
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 21x16, On Level: Main
  • Room 2: Dining Room, 14x13, On Level: Main
  • Room 4: Kitchen, 16x14, On Level: Main
  • Room 5: Bedroom, 17x13, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 7: 18x10, On Level: Upper
  • Room 8: Bedroom, 12x11, On Level: Upper
  • Room 9: Bedroom, 13x11, On Level: Lower
  • Room 10: Sunroom/Solarium, 12x11, On Level: Main
  • Room 11: Den/Office, 14x11, On Level: Main
  • Room 12: Rec Room, 21x21, On Level: Lower
  • Room 13: Sunroom/Solarium, 12x11, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2950
  • Below Grade Finished Sq Ft: 1440
  • Total Fin Square Footage: 4390

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Waterfront Name: Minnetonka
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 5

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 109Lx206x9
  • Lot/Land Description: Cul De Sac, Irregular Lot, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2012
Closed on
Mar 29, 2012
Sold by
Carlson Alan G and Carlson Susan J
Bought by
Paul Jonathan P and Paul Julie S
Seller's Agent
Gary Petersen
Coldwell Banker Burnet
Buyer's Agent
Patty Yorks
Coldwell Banker Burnet
List Price
$1,175,000
Sold Price
$1,150,000
Premium/Discount to List
-$25,000
-2.13%
Current Estimated Value
$3,071,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,921,015
Avg. Annual Appreciation
7.17%
Original Mortgage
$850,000
Outstanding Balance
$598,595
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$2,327,751

Purchase Details

Listed on
Mar 2, 2012
Closed on
Feb 14, 2012
Sold by
Mullin Robert S and Mullin Krista E
Bought by
Carlson Alan G
Seller's Agent
Gary Petersen
Coldwell Banker Burnet
Buyer's Agent
Patty Yorks
Coldwell Banker Burnet
List Price
$1,175,000
Sold Price
$1,150,000
Premium/Discount to List
-$25,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$598,595
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$2,327,751

Purchase Details

Closed on
Oct 1, 2004
Sold by
Cable Gary A and Cable Susan M
Bought by
Mullin Robert S and Mullin Krista E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2000
Sold by
Wright Nancee L
Bought by
Cable Gary A and Cable Susan M
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
Paul Jonathan P $1,150,000 Stewart Title Of Minnesota
Carlson Alan G $900,000 Burnet Title
Mullin Robert S $1,525,000 --
Cable Gary A $679,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Jonathan P $850,000
Previous Owner Mullin Robert S $1,540,000
Previous Owner Mullin Robert S $215,000
Previous Owner Mullin Robert S $1,220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $1,150,000 -2.1% $262 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $1,175,000 +30.6% $268 / Sq Ft
02/17/2012 02/17/12 Sold $900,000 -40.0% $205 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
07/14/2011 07/14/11 For Sale $1,499,000 -- $341 / 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 $24,278 $2,347,000 $1,699,700 $647,300
2022 $18,329 $2,081,000 $1,472,000 $609,000
2021 $18,281 $1,675,000 $1,177,000 $498,000
2020 $17,541 $1,650,000 $1,175,000 $475,000
2019 $16,636 $1,495,000 $1,048,000 $447,000
2018 $17,369 $1,419,000 $970,000 $449,000
2017 $17,206 $1,406,000 $950,000 $456,000
2016 $15,612 $1,278,000 $880,000 $398,000
2015 $15,965 $1,278,000 $880,000 $398,000
2014 -- $1,252,000 $880,000 $372,000
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4108732

REALTOR® Association of Southern Minnesota

APN: 20-117-23-42-0033