3826 Budd Ln Spring Park, MN 55384
5
Beds
5
Baths
4,191
Sq Ft
0.46
Acres
Highlights
- 340 Feet of Waterfront
- Lake View
- No HOA
- Hilltop Primary School Rated A
- Recreation Room
- The kitchen features windows
About This Home
As of November 2024Nestled on a private peninsula, this exceptionally crafted two-story home boasts approximately 340 feet of level, rip-rapped shoreline on Lake Minnetonka. The park-like setting offers panoramic west-facing sunsets over West Arm Bay and stunning lake views from every room. As you enter the two-story great room, you are greeted by a circular wall of windows showcasing breathtaking lake views and a floor-to-ceiling stone gas fireplace. The easy-flowing floor plan leads to a gracious kitchen with a large breakfast bar and space for informal dining. Additional main-level highlights include a formal dining room, a spacious bedroom with an en-suite full bath and large walk-in closet, and a bath with direct access from the lakeside dock. The upper level features a vaulted owner’s suite, three additional bedrooms, a laundry room, and a spacious recreation/exercise/flex room. The 3+ car heated garage provides extra workspace and includes a garage door to the lakeshore and dock, along with private access to the recreation/exercise/flex room above. Just steps from the dock, this home offers unparalleled lakeside living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,710
Year Built
- Built in 2005
Lot Details
- 0.46 Acre Lot
- 340 Feet of Waterfront
- Lake Front
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
Interior Spaces
- 4,191 Sq Ft Home
- 2-Story Property
- Stone Fireplace
- Living Room with Fireplace
- Dining Room
- Recreation Room
- Lake Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Additional Features
- Air Exchanger
- Patio
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1711723230030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Nov 9, 2024
Sold by
Labine Glenn and Labine Marilyn
Bought by
Christs Family Church Metro Inc
Seller's Agent
George Stickney
Coldwell Banker Realty
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,150,000
Premium/Discount to List
$155,000
7.77%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,136
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,100,000
Outstanding Balance
$1,020,988
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,232,608
Purchase Details
Listed on
Oct 11, 2024
Closed on
Nov 8, 2024
Sold by
Labine Glenn and Labine Marilyn
Bought by
Christs Family Church Metro Inc
Seller's Agent
George Stickney
Coldwell Banker Realty
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,150,000
Premium/Discount to List
$155,000
7.77%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,020,988
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,232,608
Purchase Details
Listed on
Feb 2, 2012
Closed on
Apr 4, 2013
Sold by
Martin John T and Martin Susann
Bought by
Labine Glenn and Labine Marilyn
Seller's Agent
Gregg Larsen
Coldwell Banker Burnet
Buyer's Agent
James Yacoub
Northstar Real Estate Associates
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Purchase Details
Closed on
May 16, 2003
Sold by
Naegele William O and Naegele Stephanie
Bought by
Martin John T and Martin Susann
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,150,000 | Burnet Title | |
| Deed | $2,150,000 | -- | |
| Warranty Deed | $1,358,823 | Burnet Title | |
| Warranty Deed | $676,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $2,150,000 | +7.8% | $513 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 10/12/2024 10/12/24 | For Sale | $1,995,000 | +42.5% | $476 / Sq Ft |
| 04/04/2013 04/04/13 | Sold | $1,400,000 | -12.2% | $350 / Sq Ft |
| 03/04/2013 03/04/13 | Pending | -- | -- | -- |
| 02/02/2012 02/02/12 | For Sale | $1,595,000 | -- | $399 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $28,710 | $2,416,100 | $1,751,400 | $664,700 |
| 2022 | $22,247 | $2,116,000 | $1,522,000 | $594,000 |
| 2021 | $22,583 | $1,708,000 | $1,226,000 | $482,000 |
| 2020 | $23,297 | $1,717,000 | $1,234,000 | $483,000 |
| 2019 | $23,298 | $1,660,000 | $1,180,000 | $480,000 |
| 2018 | $23,517 | $1,610,000 | $1,179,000 | $431,000 |
| 2017 | $22,789 | $1,494,000 | $1,080,000 | $414,000 |
| 2016 | $21,762 | $1,378,000 | $994,000 | $384,000 |
| 2015 | $21,033 | $1,374,000 | $994,000 | $380,000 |
| 2014 | -- | $1,332,000 | $950,000 | $382,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
George Stickney
Coldwell Banker Realty
(952) 476-3694
4 in this area
240 Total Sales
-
Seller Co-Listing Agent in 2024
David Stickney
Coldwell Banker Realty
(952) 250-0122
3 in this area
191 Total Sales
-
Buyer's Agent in 2024
Drew Hueler
Coldwell Banker Realty
(612) 701-3124
14 in this area
317 Total Sales
-
G
Seller's Agent in 2013
Gregg Larsen
Coldwell Banker Burnet
-
J
Buyer's Agent in 2013
James Yacoub
Northstar Real Estate Associates
Map
Source: NorthstarMLS
MLS Number: 6615557
APN: 17-117-23-23-0030
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