NOT LISTED FOR SALE

4232 W Arm Dr Spring Park, MN 55384

Estimated Value: $1,442,000 - $1,541,000

3 Beds
2.5 Baths
3,245 Sq Ft
$456/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $1,300,000 $401 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,064/month

Highlights

  • 60 Feet of Waterfront
  • Beach Access
  • Radiant Floor
  • Hilltop Primary School Rated A
  • Recreation Room
  • Screened Porch

About This Home

As of February 2023

These townhomes rarely become available - come take a look now before it's gone!! Lake Minnetonka Living at its Best! Large One-Level living townhome with a Full Lower Level, perfect for entertaining with a large recreation room! Windows Galore gives you a full view of the lake activity! You have a dock that can accommodate a large boat that you can take out to enjoy all the lake has to offer and just minutes from a Minnetonka favorite - Lord Fletchers! You are also within walking distance of shops, restaurants, and the Dakota walking trail. When you drive down your street you will see it lined by Arborvitae's for privacy and seclusion - you won't even know anything is on the other side! Priced below market value as it will need kitchen counters and upper carpet. It's very clean, freshly painted and move-in ready while you decide on updates!

Last Agent to Sell the Property

Colleen Hendrickson

Keller Williams Classic Rlty NW Listed on: 01/20/2023

Keller Williams Classic Rlty NW

Last Buyer's Agent

Kevin Mullen

Lakes Sotheby's International

Lakes Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,568

Year Built

  • Built in 1995

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x148
  • 60 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Sprinkler System
  • Few Trees

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Screened Porch
  • Utility Room
  • Laundry Room
  • Radiant Floor

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Air Exchanger
  • Beach Access

Community Details

  • Association fees include dock, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Bullseye Property Management Association, Phone Number (763) 295-6566
  • West Arm Twnhms On Lake Minnetonka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1811723430180

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,568

Year Built

Built in 1995

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Fully Wheelchair
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1995
  • Above Grade Finished Sq Ft: 1698
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Concrete, Storage Space, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Fireplace Features: Gas, Living Room
  • Living Area: 3245
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1547
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Foyer, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Recreation Room, Screened Porch, Laundry, Utility Room, Primary Bathroom
  • SqFtTotal: 3396.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, Lake, Panoramic, South
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Covered,Enclosed,Patio,Porch,Rear Porch,Screened,Wrap Around
  • LakeChain: N
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener, Guest Parking

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 763-295-6566
  • Association Fee: 550
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Panoramic View,Skylight,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Bullseye Property Management

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: 60x148
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1811723430180
  • Tax Annual Amount: 11568
  • TaxWithAssessments: 11568.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 16, 2023
Sold by
Mcleod Brooks and Mcleod Kristina
Bought by
Judith H Obrien Trust
Seller's Agent
Colleen Hendrickson
Keller Williams Classic Rlty NW
Buyer's Agent
Kevin Mullen
Lakes Sotheby's International
List Price
$1,300,000
Sold Price
$1,300,000
Views
1
Current Estimated Value
$1,383,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,282
Avg. Annual Appreciation
4.57%
Original Mortgage
$725,998
Outstanding Balance
$639,577
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$841,732

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 10, 2023
Sold by
Mcleod Brooks and Mcleod Kristina
Bought by
Obrien Judith
Seller's Agent
Colleen Hendrickson
Keller Williams Classic Rlty NW
Buyer's Agent
Kevin Mullen
Lakes Sotheby's International
List Price
$1,300,000
Sold Price
$1,300,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,998
Outstanding Balance
$639,577
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$841,732

Purchase Details

Closed on
Aug 2, 2022
Sold by
Mcleod Douglas
Bought by
Mcleod Brooks

Purchase Details

Closed on
Oct 24, 1995
Sold by
Mcleod Douglas and Mcleod Debra Joan
Bought by
Mcleod Douglas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Judith H Obrien Trust $1,300,000 --
Obrien Judith $1,300,000 --
Mcleod Brooks $3,000 --
Mcleod Douglas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Judith H Obrien Trust $725,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $1,300,000 0.0% $401 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,300,000 -- $401 / 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
2024 $15,373 $1,259,100 $824,000 $435,100
2023 $14,595 $1,273,000 $824,000 $449,000
2022 $11,568 $1,233,000 $811,000 $422,000
2021 $11,488 $971,000 $611,000 $360,000
2020 $9,471 $962,000 $611,000 $351,000
2019 $9,742 $757,000 $415,000 $342,000
2018 $9,791 $771,000 $425,000 $346,000
2017 $9,873 $736,000 $425,000 $311,000
2016 $9,555 $694,000 $410,000 $284,000
2015 $9,262 $656,000 $375,000 $281,000
2014 -- $610,000 $330,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6322571

NorthstarMLS

APN: 18-117-23-43-0180