NOT LISTED FOR SALE

4100 Spring St Unit 409 Spring Park, MN 55384

Estimated Value: $382,651 - $412,000

1 Bed
1.5 Baths
1,092 Sq Ft
$363/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $313,000 $287 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,937/month

56 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Wood Flooring
  • Hilltop Primary School Rated A
  • Vaulted Ceiling
  • Home Gym

About This Home

As of May 2020

Lakeview lofts most coveted top floor unit with panoramic views and quiet location. 12 foot ceilings and oversized windows provide a commanding view of Lake Minnetonka from every room. Desirable floor plan with all the upgrades: hardwood floors, granite, heated tile flooring, natural gas grill, maintenance free decking, 2 garage spaces, main level storage unit and more. Unit lives large and spacious with several amenities including: 5th floor party room, billiards room, exercise room, bike storage, immediate access to adjacent bike trail and walkable marina to keep or rent a boat. Must see to appreciate.

Last Listed By

Matthew Johnson

Compass Listed on: 03/09/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 2005

Lot Details

  • 4,356 Sq Ft Lot

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Secure Parking

Property Views

  • Lake
  • Panoramic

Home Design

  • Property Attached
  • Shake Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Utility Room Floor Drain
  • Home Gym
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 1811723440101

Community Details

Overview

  • Association fees include building exterior, controlled access, hazard insurance, outside maintenance, parking space, professional mgmt, sanitation, shared amenities, snow removal, snow/lawn care, water/sewer
  • Associa Minnesota Association
  • Cic 1393 Lakeview Lofts Subdivision
  • Rental Restrictions
  • Car Wash Area

Amenities

  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 2005

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Shakes
  • Garage Spaces: 2.00
  • Accessibility Features: Doors 36+, Elevator, No Stairs External, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Deck, Elevator(s), Patio
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1092.00
  • Above Grade Finished Area Search: 1092.00
  • Association Management: Associa Minnesota
  • Management Company Phone: 763-225-6400
  • Carport Y N: No
  • Co Listing Association Office S K: 4268
  • Condo Approved Financing: DVA, FHA
  • Floor Plan Type: Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 4268
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1092.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1811723440101
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Breed Restriction, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Pets - Weight/Height Limit, Rental Restrictions May Apply
  • Stories Type: One
  • Water Body Name: Minnetonka
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Community Room, Exercise Room, Media Room
  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas Burning, Living Room
  • Dining Room Features: Eat In Kitchen, Living/Dining Room
  • Bathroom Type: Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • LakeAcres: 14729.56000

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Floor Drain, Garage Door Opener, Heated Garage, Secured, Storage, Underground Garage

Utilities

  • Heating: Fireplace, Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Controlled Access, Hazard Insurance, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal, Snow/Lawn Care, Water/Sewer
  • Association Fee: 380.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Cable, Ceiling Fan(s), Deck, Exercise Room, Hardwood Floors, Kitchen Center Island, Main Floor Master Bedroom, Master Bedroom Walk-In Closet, Panoramic View, Security System, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 277 - Westonka
  • School District Phone: 952-491-8001

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Lot Size: common
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.1000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1393 LAKEVIEW LOFTS UNIT NO 409
  • Tax Amount: 3659.00
  • Tax Year: 2020
  • Tax With Assessments: 4126.00
  • Assessor Parcel Number: 1811723440101

Multi Family

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

MLS Schools

  • School District Name: 277 - Westonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 15, 2020
Sold by
Brown Elliot D and Brown Lauren A
Bought by
Brown David L and Brown Rebecca M
Seller's Agent
Matthew Johnson
Compass
Buyer's Agent
Blake Swanson
New Haus Real Estate, Inc.
List Price
$350,000
Sold Price
$313,000
Premium/Discount to List
-$37,000
-10.57%
Total Days on Market
56
Current Estimated Value
$396,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,913
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Lakeview Lofts Llc
Bought by
Brown Elliot D and Brown David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 10, 2004
Sold by
Corl Mary E
Bought by
Lakeview Lofts Llc

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
Brown David L $313,000 Edina Realty Title Inc
Brown Elliot D $324,498 --
Lakeview Lofts Llc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Elliot D $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $313,000 -10.6% $287 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $349,999 0.0% $321 / Sq Ft
03/09/2020 03/09/20 For Sale $350,000 -- $321 / 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 $4,155 $411,400 $175,000 $236,400
2022 $3,315 $404,000 $175,000 $229,000
2021 $3,857 $308,000 $110,000 $198,000
2020 $3,727 $357,000 $159,000 $198,000
2019 $4,126 $320,000 $125,000 $195,000
2018 $3,745 $352,000 $219,000 $133,000
2017 $3,683 $294,000 $161,000 $133,000
2016 $2,462 $190,000 $58,000 $132,000
2015 $2,668 $199,000 $67,000 $132,000
2014 -- $180,000 $48,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5502065

NorthstarMLS

APN: 18-117-23-44-0101