NOT LISTED FOR SALE

Estimated Value: $506,000 - $574,000

4 Beds
4 Baths
2,384 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $460,000 $193 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,274/month

16 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Living Room
  • Groveland Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Unlock the potential and craft the home of your dreams! This property, available for the first time in almost 40 years, is a .59-acre homestead nestled against private woods and wetlands at the end of a private cul-de-sac.

Perfectly positioned for access to local amenities. Enjoy easy access to the Lake Minnetonka Regional Trail, top-notch Minnetonka Public Schools, shopping, restaurants, and entertainment options.

The interior boasts 3 bedrooms upstairs, including a master suite complete with a private deck, walk-in closet, and fireplace. The main floor flows out to a spacious private deck, offering west-facing views. The walkout basement features an additional bedroom and family room with views of the surrounding natural beauty.

This property stands as a canvas awaiting your personal touch. With its expansive lot, solid bones, oversized garage, and newer windows, it's primed for your creative vision. The potential here is boundless!

Last Agent to Sell the Property

Daniel Deitering

Real Estate Marketing, Inc Listed on: 09/27/2023

Last Buyer's Agent

Laura Olivier

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,345

Year Built

  • Built in 1973

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 146x231x98x196

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Utility Room
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Powderhorn Terrace 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1911722410011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,345

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1702
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Fireplace Features: Family Room, Primary Bedroom, Wood Burning
  • Living Area: 2384
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 682
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Utility Room
  • SqFtTotal: 2689.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 462

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 146X231X98X196
  • Lot Size Sq Ft: 25700.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1911722410011
  • Tax Annual Amount: 5345
  • TaxWithAssessments: 5345.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Nelson Sara Elizabeth
Bought by
Nelson Stuart Andrew
Current Estimated Value
$536,260

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 25, 2023
Sold by
Schumacher Eugene R
Bought by
Nelson Stuart
Seller's Agent
Daniel Deitering
Real Estate Marketing, Inc
Buyer's Agent
Laura Olivier
Coldwell Banker Realty
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$437,000
Interest Rate
7.31%
Mortgage Type
New Conventional
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
Nelson Stuart Andrew -- None Listed On Document
Nelson Stuart $460,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Stuart $438,000
Previous Owner Nelson Stuart $437,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $460,000 -2.1% $193 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $469,900 -- $197 / 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 $5,309 $424,400 $213,400 $211,000
2022 $5,207 $424,200 $213,400 $210,800
2021 $4,973 $380,000 $194,000 $186,000
2020 $5,239 $365,000 $194,000 $171,000
2019 $4,735 $368,000 $194,000 $174,000
2018 $4,374 $333,700 $194,000 $139,700
2017 $4,277 $300,500 $183,700 $116,800
2016 $4,218 $295,800 $165,000 $130,800
2015 $3,921 $275,600 $150,000 $125,600
2014 -- $256,900 $150,000 $106,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6438627

NorthstarMLS

APN: 19-117-22-41-0011