NOT LISTED FOR SALE

Estimated Value: $2,422,000 - $14,170,750

5 Beds
11 Baths
8,164 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $6,550,000 $802 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $58,307/month

245 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • 3.5 Acre Lot
  • Deephaven Elementary School Rated A
  • Guest House
  • Family Room with Fireplace

About This Home

As of October 2018

This epic, private, Landmark Lakeshore Estate is one of the most unique properties ever offered on Lake MTKA. Nestled quietly on user friendly west-facing lakeshore in the heart of the main lake. The main house has exposed beam ceilings and main floor master. The renovated, spectacular boat house has all the amenities and a 378 sq ft screened in porch on the water! The guest house is an unreal retreat of the highest quality. Extra garage and office bldg in wooded setting with gardens and trails.

Last Listed By

Ellen DeHaven

Coldwell Banker Realty Listed on: 01/30/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,462

Year Built

  • Built in 1925

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 252x610x250x576
  • Lake Front
  • Property fronts a private road
  • Irregular Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Game Room with Fireplace
  • Wood Flooring
  • Home Security System
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Boathouse
  • Porch

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1311723420009

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,462

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 4.00
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: Well
  • Fuel Type: Natural Gas
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 8164.00
  • Above Grade Finished Area Search: 8164.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1670.00
  • Carport Y N: No
  • Floor Plan Type: Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Area: 1470.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 9091
  • Listing Organization: Iowa
  • Living Area Finished: 9834.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1311723420009
  • Property Out Building Type: Boat House, Guest House, Other
  • Rental License: No
  • Second Unit Type: Existing In-Law w/Bath, Existing In-Law w/Kitchen
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 250
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Shared Room: Other
  • Basement: Finished (Livable)
  • Appliances: Range, Refrigerator, Water Softener - Owned
  • Fireplace Features: Amusement Room, Family Room, Living Room, Stone, Wood Burning
  • Dining Room Features: Eat In Kitchen, Living/Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: Full Master
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1670.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 6
  • Total Bathrooms: 11
  • Total Bedrooms: 5
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2

Exterior Features

  • LakeAcres: 14729.56000
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Asphalt

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected

Association/Amenities

  • Property Amenities: Hardwood Floors, Porch, Security System

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
  • Out Building Count: 3
  • Assessment Pending: No
  • Lot Size: 252X610X250X576
  • Homestead: Yes
  • Lot Features: Irregular Lot
  • Lot Size Acres: 3.5000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: 276 REG. LAND SURVEY NO. 139
  • Tax Amount: 85462.00
  • Tax Year: 2018
  • Tax With Assessments: 80161.00
  • Assessor Parcel Number: 1311723420009

Multi Family

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

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Oct 17, 2018
Sold by
Bnc National Bank
Bought by
Wehmann James M and Wehmann Lori M
Seller's Agent
Ellen DeHaven
Coldwell Banker Realty
Buyer's Agent
Mike Schrader
Venture Real Estate Services
List Price
$7,395,000
Sold Price
$6,550,000
Premium/Discount to List
-$845,000
-11.43%
Total Days on Market
245
Current Estimated Value
$8,296,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,746,375
Avg. Annual Appreciation
3.49%

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
Wehmann James M $6,550,000 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton Patricia A $3,015,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $6,550,000 -11.4% $802 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $7,395,000 +12.9% $906 / Sq Ft
05/16/2018 05/16/18 Off Market $6,550,000 -- --
05/15/2018 05/15/18 For Sale $7,395,000 +12.9% $906 / Sq Ft
04/30/2018 04/30/18 Off Market $6,550,000 -- --
01/31/2018 01/31/18 For Sale $7,395,000 -- $906 / 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 $147,737 $11,930,100 $6,107,000 $5,823,100
2022 $133,469 $11,200,000 $5,816,000 $5,384,000
2021 $98,653 $9,656,000 $4,796,000 $4,860,000
2020 $93,065 $7,162,000 $4,702,000 $2,460,000
2019 $89,542 $6,500,000 $4,408,000 $2,092,000
2018 $85,263 $6,740,000 $4,408,000 $2,332,000
2017 $80,161 $5,535,000 $3,508,000 $2,027,000
2016 $71,712 $4,865,000 $3,368,000 $1,497,000
2015 $68,047 $4,561,000 $3,176,000 $1,385,000
2014 -- $3,826,000 $2,956,000 $870,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4903991

NorthstarMLS

APN: 13-117-23-42-0009