NOT LISTED FOR SALE

3928 3928 Cherry Ave Orono, MN 55364

Estimated Value: $2,707,000 - $4,902,000

4 Beds
2 Baths
1,823 Sq Ft
$2,022/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $720,000 $395 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $23,111/month

Highlights

  • Lake Front
  • 1.15 Acre Lot
  • Wood Flooring
  • Hilltop Primary School Rated A
  • Deck
  • Woodwork

About This Home

As of August 2014

1920s charmer on North Arm Bay. 1+ acre, east facing, sandy beach & picture perfect boathouse at waters edge. Move in, remodel or rebuild on this beautiful & very private walk-out lot.

Last Agent to Sell the Property

Gregg Larsen

Coldwell Banker Burnet Listed on: 07/14/2014

Last Buyer's Agent

George Stickney

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,010

Year Built

  • Built in 1925

Lot Details

  • 1.15 Acre Lot
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,823 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0811723330018

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,010

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 1.15
  • Construction: Previously Owned
  • Foundation Size: 1055
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 0811723330018
  • Projected Closed Date: 08/04/2014
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 8010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x13, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 4: Kitchen, 16x9, On Level: Main
  • Room 5: Bedroom, 13x10, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 7: 10x10, On Level: Upper
  • Room 8: Bedroom, 12x11, On Level: Upper
  • Room 9: 4 Season Porch, 23x10, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1823
  • Total Fin Square Footage: 1823

Exterior Features

  • LakeAcres: 14652
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1925

Tax Info

  • Year: 2014
  • Tax Value: 8010

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Gustafson Anna Thurlow and Gustafson Jeffrey Sven
Bought by
Gustafson Jeffrey Sven and Gustafson Anna Thurlow
Current Estimated Value
$3,685,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$742,144
Interest Rate
2.98%
Mortgage Type
Commercial
Estimated Equity
$3,078,017

Purchase Details

Closed on
Oct 31, 2016
Sold by
Gustafson Jeffrey Sven and Gustafson Anna Thurlow
Bought by
Gustafson Anna Thurlow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2015
Sold by
Lakeshore Holdings Llc
Bought by
Gustafson Jeffrey Sven and Gustafson Anna Thurlow
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
Gustafson Jeffrey Sven -- Executive Title
Gustafson Anna Thurlow -- Attorney
Gustafson Jeffrey Sven -- Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Jeffrey Sven $800,000
Open Gustafson Jeffrey Sven $2,500,000
Closed Gustafson Anna Thurlow $1,000,000
Closed Gustafson Jeffrey Sven $500,000
Closed Gustafson Jeffrey Sven $1,553,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $720,000 -3.9% $395 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $749,000 -- $411 / 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 $36,798 $3,547,100 $1,517,700 $2,029,400
2022 $26,182 $3,049,000 $1,380,000 $1,669,000
2021 $26,085 $2,380,000 $998,000 $1,382,000
2020 $26,096 $2,354,000 $969,000 $1,385,000
2019 $26,790 $2,218,000 $800,000 $1,418,000
2018 $24,541 $2,257,000 $847,000 $1,410,000
2017 $22,287 $1,795,000 $737,000 $1,058,000
2016 $8,896 $725,000 $720,000 $5,000
2015 -- $720,000 $602,000 $118,000
2014 -- $665,000 $557,000 $108,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gregg Larsen

    Coldwell Banker Burnet

  • G

    Buyer's Agent in 2014

    George Stickney

    Coldwell Banker Burnet

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4647402

REALTOR® Association of Southern Minnesota

APN: 08-117-23-33-0018

Minnesota Hennepin County Orono 55364

3928 3928 Cherry Ave, Orono, MN

This home is located at 3928 3928 Cherry Ave, Orono, MN 55364 since 14 July 2014 and is currently estimated at $3,685,883, approximately $2,021 per square foot. This property was built in 1925. 3928 3928 Cherry Ave is a home located in Hennepin County with nearby schools including Hilltop Primary School, Westonka Middle School, and Westonka 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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