NOT LISTED FOR SALE

Estimated Value: $1,342,000 - $2,185,987

5 Beds
4.5 Baths
5,071 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $1,775,000 $350 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,774/month

99 Days on Market

Highlights

  • New Construction
  • Deck
  • Main Floor Primary Bedroom
  • Highlands Elementary School Rated A
  • Family Room with Fireplace
  • 3-minute walk to Todd Park

About This Home

As of October 2023

Wonderful opportunity to build new in the highly sought after Todd Park neighborhood! Well thought out open main floor, complete with office and ample entertaining space. 4 bedrooms up including laundry, and a deck off the owner's suite. Lower level includes large family room w/ wet bar, exercise/storage room, 3/4 bath, bedroom and large spancrete area to finish to your liking. . Walkable to Todd Park, Caribou, The Hilltop, and Jerry's Foods! Use this existing plan or create your own custom home. Come see the quality and process that sets NR Properties apart from the rest.

Last Agent to Sell the Property

Donald Edam

Engel & Volkers Lake Minnetonka Listed on: 09/13/2022

Engel & Volkers Lake Minnetonka

Co-Listed By

Zachary Strouts

Engel & Volkers Lake Minnetonka

Last Buyer's Agent

Emily Von Vett

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 145
  • Partially Fenced Property
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Flex

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by NR PROPERTIES INC
  • Cleveland's Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2811721230049

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,623

Year Built

Built in 2022 | New Construction

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: 2022
  • Above Grade Finished Sq Ft: 3332
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 5071
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1739
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Storage, Office, Flex Room, Deck, Bonus Room
  • SqFtTotal: 4966.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Partial, Wood

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 441

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Edina
  • SchoolDistrictNumber: 273
  • SchoolDistrictPhone: 952-848-3900

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 X 145
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Builder License: 720937
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 2811721230049
  • Tax Annual Amount: 5623
  • TaxWithAssessments: 5623.3200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Oct 13, 2023
Sold by
Nr Properties Inc
Bought by
Olson Anders and Olson Mary
Seller's Agent
Donald Edam
Engel & Volkers Lake Minnetonka
Buyer's Agent
Emily Von Vett
Lakes Sotheby's International Realty
List Price
$1,775,000
Sold Price
$1,775,000
Views
4
Current Estimated Value
$1,715,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,253
Avg. Annual Appreciation
-10.43%
Original Mortgage
$320,000
Outstanding Balance
$315,204
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$1,134,086

Purchase Details

Closed on
Aug 31, 2022
Sold by
Lynch Michelle and Lynch Joseph
Bought by
Nr Properties Inc A Minnesota Corpora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2022
Sold by
Lynch and Joseph
Bought by
Nr Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2012
Closed on
Oct 5, 2012
Sold by
Katz Fred H and Katz Charlotte B
Bought by
Lynch Joseph and Lynch Michelle
Seller's Agent
John Chrisney
RE/MAX Results
Buyer's Agent
Matthew Lunde
Dwell Realty Partners, LLC
List Price
$347,000
Sold Price
$314,478
Premium/Discount to List
-$32,522
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$308,781
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1999
Sold by
Zabel Richard R and Zabel Deborah K
Bought by
Katz Fred H and Katz Charlotte B
Source: Public Records

Range of Values:

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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
Olson Anders $1,775,000 --
Nr Properties Inc A Minnesota Corpora $465,000 --
Nr Properties Inc $465,000 --
Lynch Joseph $314,479 Fatco
Katz Fred H $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Anders $320,000
Previous Owner Nr Properties Inc A Minnesota Corpora $430,000
Previous Owner Nr Properties Inc $430,000
Previous Owner Lynch Joseph $308,781
Previous Owner Katz Fred H $121,200
Previous Owner Katz Fred H $88,500
Previous Owner Katz Fred H $190,000
Previous Owner Katz Fred H $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $1,775,000 0.0% $350 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $1,775,000 +464.4% $350 / Sq Ft
10/05/2012 10/05/12 Sold $314,478 -9.4% $168 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $347,000 -- $185 / 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 $5,094 $425,000 $325,000 $100,000
2022 $5,623 $496,800 $300,000 $196,800
2021 $5,454 $436,900 $250,000 $186,900
2020 $5,397 $422,900 $240,500 $182,400
2019 $5,278 $411,000 $227,500 $183,500
2018 $4,924 $403,300 $218,700 $184,600
2017 $4,884 $360,700 $175,000 $185,700
2016 $5,675 $407,900 $163,500 $244,400
2015 $4,474 $339,500 $163,500 $176,000
2014 -- $315,900 $152,100 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6259016

NorthstarMLS

APN: 28-117-21-23-0049