NOT LISTED FOR SALE

4460 4460 Forest Lake Landing Orono, MN 55364

Estimated Value: $1,642,464 - $2,391,000

4 Beds
3.5 Baths
3,907 Sq Ft
$506/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $950,000 $243 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $11,736/month

22 Days on Market

Highlights

  • 52 Feet of Waterfront
  • Docks
  • Vaulted Ceiling
  • Hilltop Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2013

Stunning lakeshore retreat perfectly sited on calm serene bay. Exquisite level of finish, open floor plan with walls of windows showcasing the lake. Peaceful setting to watch the sun rise, room to play on level lot with sandy swimable lakeshore.

Last Agent to Sell the Property

Patty Morris

Coldwell Banker Burnet Listed on: 08/22/2013

Last Buyer's Agent

Brian Benson

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,950

Year Built

  • Built in 2005

Lot Details

  • 0.36 Acre Lot
  • 52 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Sprinkler System
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0711723240015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,950

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Skylight, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.36
  • Construction: Previously Owned
  • Foundation Size: 1603
  • Mechanicals: Air to Air Exchange, Central Vacuum, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 0711723240015
  • Projected Closed Date: 10/11/2013
  • Stories: 2 Story
  • Street Designation: Landing
  • Taxes With Assessments: 8950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 17x15, On Level: Main
  • Room 4: Kitchen, 17x14, On Level: Main
  • Room 5: Bedroom, 20x12, On Level: Upper
  • Room 6: Bedroom, 18x18, On Level: Upper
  • Room 7: 13x10, On Level: Upper
  • Room 8: Bedroom, 12x11, On Level: Lower
  • Room 9: Foyer, 12x9, On Level: Main
  • Room 10: Other, 11x11, On Level: Upper
  • Room 11: Rec Room, 21x16, On Level: Lower
  • Room 12: Other, 8x6, On Level: Lower
  • Room 13: Other, 14x8, On Level: Upper
  • Room 14: Den/Office, 11x10, On Level: Main
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2785
  • Below Grade Finished Sq Ft: 1122
  • Total Fin Square Footage: 3907

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved
  • LakeAcres: 14652
  • Exterior: Cement Board
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 52
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 52Lake x29
  • Lot/Land Description: Cul De Sac, Tree Coverage - Light

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2013
  • Tax Value: 8950

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Oct 4, 2013
Sold by
Martinson Peter V and Martinson Ida M
Bought by
Barta Thomas D and Barta Janice
Seller's Agent
Patty Morris
Coldwell Banker Burnet
Buyer's Agent
Brian Benson
Coldwell Banker Burnet
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$1,977,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,155
Avg. Annual Appreciation
6.27%
Original Mortgage
$450,000
Outstanding Balance
$113,095
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,864,060

Purchase Details

Closed on
Sep 15, 2000
Sold by
Overboe Ole and Overboe Helen J
Bought by
Martinson Peter and Martinson Ida M
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
Barta Thomas D $950,000 Burnet Title
Martinson Peter $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barta Thomas D $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $950,000 -13.6% $243 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $1,100,000 -- $282 / 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
2024 $16,408 $1,573,900 $763,800 $810,100
2023 $14,736 $1,474,200 $682,000 $792,200
2022 $10,859 $1,316,000 $620,000 $696,000
2021 $10,564 $1,039,000 $496,000 $543,000
2020 $10,536 $1,006,000 $482,000 $524,000
2019 $10,291 $948,000 $438,000 $510,000
2018 $10,880 $922,000 $425,000 $497,000
2017 $10,506 $893,000 $451,000 $442,000
2016 $10,293 $873,000 $451,000 $422,000
2015 $9,748 $815,000 $410,000 $405,000
2014 -- $780,000 $400,000 $380,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4526223

REALTOR® Association of Southern Minnesota

APN: 07-117-23-24-0015