NOT LISTED FOR SALE

4326 W Arm Rd Spring Park, MN 55384

Estimated Value: $736,000 - $1,059,000

3 Beds
2 Baths
2,028 Sq Ft
$459/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $680,000 $335 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,079/month

161 Days on Market

Highlights

  • Forced Air Heating System
  • Hilltop Primary School Rated A
  • 1-Story Property

About This Home

As of March 2020

Virtually Staged Lake Minnetonka!!! Carefree Lake living. Spectacular Lake Views From Living Room, Deck, Two Upper Level Bedrooms and Huge Lower Level Family Room. 62 Feet of Level Shoreline. Home has a newer Sauna and Two Wood Burning Fireplaces. Newer Roof and Maintenance Free Siding. This Home is on a dead end street. Possible Teardown.

Last Listed By

Hugh Faulds

Bridge Realty, LLC Listed on: 10/02/2019

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,422

Year Built

  • Built in 1960

Lot Details

  • 9,148

Parking

  • 2

Interior Spaces

  • 1-Story Property
  • Cooktop

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Additional Features

  • 9,148 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,422

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property ID: 1811723430043
  • Prop Type: SF
  • Style: (SF) Single Family
  • Directions: 4326 West Arm Road, Spring Park, MN 55384
  • Sq Ft Above Ground: 1092
  • Sq Ft Below Ground: 936
  • Projected Close Date: 04/08/2020
  • Total Finished Square Fo: 2028
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Kitchen: On Level: Main, 8x20
  • Living Rm: On Level: Main, 13x20
  • Family Rm: On Level: Lower, 12x39
  • Bedroom 1: On Level: Main, 10x14
  • Bedroom 2: On Level: Main, 9x13
  • Bedroom 3: On Level: Main, 11x11
  • Room 3: Office, On Level: Lower, 11x11
  • Room 4: Spa or Sauna Room, On Level: Lower, 5x6
  • Basement: Walkout, Full, Finished (Livable), Drain Tiled, Sump Pump
  • Appliances: Cooktop, Refrigerator, Washer, Dryer, Range
  • Total Fireplaces: 2
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Bathrooms Three Quarters: 1
  • Stories: 1 Story

Exterior Features

  • Exterior: Vinyl
  • LakeAcres: 14729.56
  • Lake Class: General Development
  • Lake Waterfront: Lake Front
  • Waterfront Name: Minnetonka
  • Waterfront Number: 27013300
  • Waterfront Present: Yes
  • Foundation Size: 1092

Garage/Parking

  • Description: Detached Garage, Driveway - Asphalt, Paved Lot, Garage Door Opener
  • Spaces: 2
  • Other: 2
  • Garage Dim: 21x23
  • Garage Sq Ft: 483

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas, Electric

Schools

  • School Dist.: 277 - Westonka
  • District Ph: 952-491-8001

Lot Info

  • Zoning: Residential-Single
  • Topography: Level
  • Lot Size Dim: 62x145x60x160
  • Acres: 0.210
  • Map Page And Coordinates: 117B1
  • Map Page: 117
  • Lot Size Sq Ft: 9147.60

Tax Info

  • Tax w/Asses: 8422.00
  • Tax Amount: 8422
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Mar 27, 2020
Sold by
Lu Zhenming
Bought by
Brzia Mairin Elizabeth
Seller's Agent
Hugh Faulds
Bridge Realty, LLC
Buyer's Agent
Arthur Hays
Lakes Sotheby's International Realty
List Price
$759,900
Sold Price
$680,000
Premium/Discount to List
-$79,900
-10.51%
Total Days on Market
161
Current Estimated Value
$931,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,138
Avg. Annual Appreciation
5.56%
Original Mortgage
$612,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2019
Closed on
Mar 11, 2020
Sold by
Tian Xuezhen
Bought by
Lu David D and Lu Mary M
Seller's Agent
Hugh Faulds
Bridge Realty, LLC
Buyer's Agent
Arthur Hays
Lakes Sotheby's International Realty
List Price
$759,900
Sold Price
$680,000
Premium/Discount to List
-$79,900
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2019
Sold by
Lu David and Lu Mary
Bought by
Lu Zhenming

Purchase Details

Closed on
Sep 19, 2002
Sold by
Stauter Carol M
Bought by
Lu David D and Lu Zhenming

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
Brzia Mairin Elizabeth $680,000 Lake Title Llc
Lu Zhenming -- None Available
Lu David D $494,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brazica Mairin Elizabeth $748,000
Closed Brzica Mairin Elizabeth $35,000
Closed Brzia Mairin Elizabeth $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $680,000 -10.5% $335 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $759,900 +11.8% $375 / Sq Ft
11/19/2019 11/19/19 Off Market $680,000 -- --
10/02/2019 10/02/19 For Sale $759,900 -- $375 / 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 $11,007 $982,500 $729,800 $252,700
2022 $9,427 $987,000 $730,000 $257,000
2021 $7,931 $808,000 $535,000 $273,000
2020 $8,795 $692,000 $554,000 $138,000
2019 $8,422 $649,000 $521,000 $128,000
2018 $9,096 $619,000 $492,000 $127,000
2017 $8,941 $619,000 $470,000 $149,000
2016 $7,559 $514,000 $377,000 $137,000
2015 $6,901 $512,000 $377,000 $135,000
2014 -- $460,000 $340,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5316978

NorthstarMLS

APN: 18-117-23-43-0043