NOT LISTED FOR SALE

3608 Elmwood Place Minnetonka, MN 55345

Groveland Neighborhood

Estimated Value: $591,000 - $637,000

4 Beds
3 Baths
2,782 Sq Ft
$222/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $325,000 $117 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,866/month

17 Days on Market

Highlights

  • Sauna
  • Wood Flooring
  • 2 Car Detached Garage
  • Groveland Elementary School Rated A
  • Formal Dining Room
  • 1-minute walk to Elmwood-Strand Park

About This Home

As of October 2013

The friends and neighbors of Elmwood Place would like to welcome you home! Well cared for rambler with fantastic living spaces and sauna. Beautiful park directly across the street. Roof is being replaced and there's still time to pick your own color!

Last Agent to Sell the Property

Franklin Johnson

Edina Realty, Inc. Listed on: 09/03/2013

Co-Listed By

Susan Bigham

RE/MAX Results

Last Buyer's Agent

Diana Thompson

Metropolitan Real Estate Servi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1953

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 120x153x12
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Sauna

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1711722430061

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,334

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Sauna, Tiled Floors
  • Amenities Exterior: Patio, Sauna
  • Estimated Number of Acres: 0.45
  • Construction: Previously Owned
  • Foundation Size: 1782
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1711722430061
  • Projected Closed Date: 10/25/2013
  • Stories: 1 Story
  • Street Designation: Place
  • Taxes With Assessments: 4334
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 23x14, On Level: Main
  • Room 2: Dining Room, 13x10, On Level: Main
  • Room 3: Family Room, 14x9, On Level: Main
  • Room 4: Kitchen, 14x9, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 7: 11x9, On Level: Main
  • Room 8: Bedroom, 11x9, On Level: Main
  • Room 9: Rec Room, 32x12, On Level: Lower
  • Basement Features: Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1782
  • Below Grade Finished Sq Ft: 1000
  • Total Fin Square Footage: 2782

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Metal, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 120x153x12
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2013
  • Tax Value: 4334

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Oct 10, 2013
Sold by
Lundstrom Darwin E and Lundstrom Cheryl L
Bought by
Schmidt John O and Schmidt April M
Seller's Agent
Franklin Johnson
Edina Realty, Inc.
Buyer's Agent
Diana Thompson
Metropolitan Real Estate Servi
List Price
$339,500
Sold Price
$325,000
Premium/Discount to List
-$14,500
-4.27%
Current Estimated Value
$617,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,827
Avg. Annual Appreciation
5.51%
Original Mortgage
$292,500
Outstanding Balance
$220,557
Interest Rate
4.59%
Mortgage Type
New Conventional
Estimated Equity
$397,270
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
Schmidt John O $325,000 Watermark Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt John O $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $325,000 -4.3% $117 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $339,500 -- $122 / 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
2024 $7,246 $541,100 $202,400 $338,700
2023 $6,827 $538,400 $202,400 $336,000
2022 $5,828 $510,200 $202,400 $307,800
2021 $5,695 $422,700 $184,000 $238,700
2020 $5,687 $414,200 $184,000 $230,200
2019 $5,123 $397,200 $184,000 $213,200
2018 $4,894 $358,900 $184,000 $174,900
2017 $4,883 $339,200 $169,900 $169,300
2016 $4,724 $328,000 $155,000 $173,000
2015 $4,349 $302,600 $150,000 $152,600
2014 -- $294,800 $150,000 $144,800
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Franklin Johnson

    Edina Realty, Inc.

  • S

    Seller Co-Listing Agent in 2013

    Susan Bigham

    RE/MAX

  • D

    Buyer's Agent in 2013

    Diana Thompson

    Metropolitan Real Estate Servi

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4529784

REALTOR® Association of Southern Minnesota

APN: 17-117-22-43-0061

Minnesota Hennepin County Minnetonka 55345 Groveland

3608 Elmwood Place, Minnetonka, MN

This home is located at 3608 Elmwood Place, Minnetonka, MN 55345 since 03 September 2013 and is currently estimated at $617,827, approximately $222 per square foot. This property was built in 1953. 3608 Elmwood Place is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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