P
Seller's Agent in 2025
Patrick Kaveney
Bayshore Realty
(952) 250-5570
2 in this area
5 Total Sales
Estimated Value: $1,712,000 - $1,911,000
2
Beds
2.5
Baths
1,760
Sq Ft
$1,043/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- Beach Access
- No HOA
- Hilltop Primary School Rated A
- Living Room with Fireplace
- The kitchen features windows
About This Home
As of June 2025Highly sought after Lake Minnetonka location. Over .6 acres of South East facing views with gradual sloping lot. 75ft of lakeshore on North shore of West Arm and hard to find 500+ sq ft lakeside cottage. Minor TLC needed to make this 1br, 1bath year round cottage a beachside gathering spot. Current owner has updated the main 2 story home over the past 25 years. Upper level master suite with beautiful lake views, large 2nd floor laundry room and 2nd floor bedroom. Open floor plan on main level with kitchen updates and gas fireplace. Basement is unfinished with 2 egress windows for future bedrooms and wood burning fireplace. New furnace and central air 2 years ago. Home is in great condition and well maintained. Main value is in the hard to find gradual sloping lot with South Eastviews of West Arm and rare lakeside cottage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,461
Year Built
- Built in 1900
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 100x310x75x290
- 75 Feet of Waterfront
- Lake Front
Parking
- 2 Car Garage
Interior Spaces
- 1,760 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Sump Pump
- Drain
- Basement Window Egress
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Iron Water Filter
- Well
Community Details
- No Home Owners Association
- Bergquists Add To Saga Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 0711723310004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Jun 11, 2025
Sold by
Knodel Debra M
Bought by
Omni Custom Builders Llc
Seller's Agent
Patrick Kaveney
Bayshore Realty
Buyer's Agent
Patrick Kaveney
Bayshore Realty
List Price
$1,799,000
Sold Price
$1,525,000
Premium/Discount to List
-$274,000
-15.23%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,161
Avg. Annual Appreciation
98.92%
Original Mortgage
$3,185,000
Outstanding Balance
$3,182,263
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
-$1,346,102
Purchase Details
Closed on
Feb 25, 1999
Sold by
Freeburg
Bought by
Knodel
Purchase Details
Closed on
Apr 18, 1996
Sold by
Palm Jane P
Bought by
Freeburg Clayton F and Freeburg Rilla G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Omni Custom Builders Llc | $1,525,000 | Stewart Title | |
| Knodel | $267,000 | -- | |
| Freeburg Clayton F | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Omni Custom Builders Llc | $3,185,000 | |
| Previous Owner | Knodel Debra M | $710,000 | |
| Closed | Freeburg Clayton F | -- | |
| Closed | Freeburg Clayton F | $32,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Sold | $1,525,000 | -9.0% | $866 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 01/03/2025 01/03/25 | Price Changed | $1,675,000 | -6.9% | $952 / Sq Ft |
| 12/30/2024 12/30/24 | For Sale | $1,799,000 | +18.0% | $1,022 / Sq Ft |
| 12/30/2024 12/30/24 | Off Market | $1,525,000 | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $1,799,000 | -- | $1,022 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $15,461 | $1,542,300 | $1,508,600 | $33,700 |
| 2022 | $11,042 | $1,259,000 | $1,226,000 | $33,000 |
| 2021 | $10,668 | $1,055,000 | $1,022,000 | $33,000 |
| 2020 | $10,266 | $1,015,000 | $982,000 | $33,000 |
| 2019 | $9,797 | $926,000 | $893,000 | $33,000 |
| 2018 | $9,844 | $882,000 | $827,000 | $55,000 |
| 2017 | $9,774 | $837,000 | $827,000 | $10,000 |
| 2016 | $8,086 | $705,000 | $675,000 | $30,000 |
| 2015 | $8,271 | $705,000 | $675,000 | $30,000 |
| 2014 | -- | $528,000 | $500,000 | $28,000 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Kaveney
Map
Source: NorthstarMLS
MLS Number: 6611796
APN: 07-117-23-31-0004
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