NOT LISTED FOR SALE

3900 Kings Point Rd Minnetrista, MN 55331

Estimated Value: $520,000 - $1,044,000

10 Acres
$74,510 Price per Acre
416,434 Sq Ft Lot

Last Sold June 04, 2024

Last sale price $668,250

Est. 7% increase in value since last sale

Current estimated payment $4,404/month

484 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • No HOA
  • Shirley Hills Primary School Rated A

About This Lot

As of June 2024

Opportunity to build a home on Six Mile Creek.Approximately three quarters of an acre of buildable space. A peaceful lot away from the activity of Lake Minnetonka. Installing a dock will require a variance. Buyer will need to speak with City of Minnetrista. Bring your own builder or we are happy to make introductions to reputablebuilders. Survey and wetland delineation in process available.

Last Agent to Sell the Property

Michael McGregor

Coldwell Banker Realty Brokerage Phone: 612-554-8324 Listed on: 02/06/2023

Coldwell Banker Realty

Last Buyer's Agent

Mark Reiland

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,375

Lot Details

  • Lot Dimensions are 1249x228x1223x463
  • Lake Front
  • Wire Fence

Listing and Financial Details

  • Assessor Parcel Number 2711724330004

Community Details

Overview

  • No Home Owners Association
  • Auditors Sub 219 Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,375

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Minnetonka
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Attribution Contact: 612-554-8324
  • Attribution Contact: 612-554-8324
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,For Sale Sign

Exterior Features

  • Fencing: Wire
  • View: West
  • Lake Acres: 14729
  • Lake Bottom: Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Farm Type: None

Utilities

  • Utilities: None Connected, None Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Topography: Rolling
  • Waterfront YN: Yes
  • Lot Size: 1249x228x1223x463
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Lot,Residential-Single Family
  • AssessmentPending: Unknown
  • Crop Type: None

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2711724330004
  • Tax Annual Amount: 4375
  • TaxWithAssessments: 4375.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Jun 1, 2024
Sold by
Lemire Jerry D
Bought by
Kalis David J and Kalis Sara B
Seller's Agent
Michael McGregor
Coldwell Banker Realty
Buyer's Agent
Mark Reiland
RE/MAX Advantage Plus
List Price
$750,000
Sold Price
$668,250
Premium/Discount to List
-$81,750
-10.9%
Total Days on Market
484
Views
134
Current Estimated Value
$712,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,068
Avg. Annual Appreciation
6.33%
Original Mortgage
$1,852,000
Outstanding Balance
$1,839,820
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,127,502

Purchase Details

Closed on
Nov 9, 2016
Sold by
Lemire Jerry O
Bought by
Lemire Jerome D and J&J Lemire Trust
Source: Public Records

Similar Property in the area

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    • Land
    • 11 Acres
    • $74,561 per Acre
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    Create your dream hobby farm or equestrian retreat on this picturesque 11-acre property near Minnetrista, MN. Just 2 miles from Mound and the shores of Lake Minnetonka, this land is a perfect space for horses, gardens, or a future custom-built home, the setting provides endless possibilities. The scenic Painter creek winds along the acreage, adding natural beauty and tranquility. The land is

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    Section Image

Range of Values:

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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
Kalis David J $334,126 None Listed On Document
Lemire Jerome D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalis David J $1,852,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $668,250 -10.9% --
02/06/2023 02/06/23 For Sale $750,000 -- --
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 $5,102 $467,500 $467,500 $0
2022 $2,750 $425,000 $425,000 $0
2021 $2,786 $228,000 $228,000 $0
2020 $3,170 $228,000 $228,000 $0
2019 $2,992 $242,000 $242,000 $0
2018 $3,114 $226,000 $226,000 $0
2017 $3,188 $226,000 $226,000 $0
2016 $3,250 $226,000 $226,000 $0
2015 $3,304 $226,000 $226,000 $0
2014 -- $226,000 $226,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6329007

NorthstarMLS

APN: 27-117-24-33-0004