NOT LISTED FOR SALE

465 Park Ave Mahtomedi, MN 55115

Estimated Value: $578,000 - $1,811,341

5 Beds
3.5 Baths
3,325 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 13, 2013

Last sale price $555,000 $167 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $8,207/month

1 Day on Market

Highlights

  • Lake Front
  • Deck
  • Vaulted Ceiling
  • O.H. Anderson Elementary School Rated A
  • Property is near public transit
  • Whirlpool Bathtub

About This Home

As of March 2013

Here is the perfect opportunity for your "LAKE CABIN IN THE CITY". This beautiful remodeled 1940's log home has all the amenities with the charm of a lake retreat. 5 BR's and 4 BA's with incredible sunsets over White Bear Lake. Park Ave. at a great price!

Last Agent to Sell the Property

Marty Rathmanner

Keller Williams Premier Realty Listed on: 03/12/2013

Last Buyer's Agent

Alan Conard

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,877

Year Built

  • Built in 1941

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 71x235x105
  • Lake Front
  • Property fronts a county road
  • Corner Lot
  • Irregular Lot
  • Landscaped with Trees

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Baseboard Heating

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2903021220027

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,877

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.57
  • Assessment Balance: 3
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1895
  • Parcel Number: 2903021220027
  • Projected Closed Date: 03/13/2013
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 12880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Microwave, Wall Oven
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 2: Dining Room, 12x13, On Level: Main
  • Room 3: Family Room, 23x19, On Level: Main
  • Room 4: Kitchen, 19x11, On Level: Main
  • Room 5: Bedroom, 12x27, On Level: Main
  • Room 6: Bedroom, 10x10, On Level: Main
  • Room 7: 15x11, On Level: Lower
  • Room 8: Bedroom, 13x11, On Level: Lower
  • Room 9: Bedroom, 9x13, On Level: Lower
  • Room 10: Rec Room, 25x9, On Level: Lower
  • Room 11: Sunroom/Solarium, 10x11, On Level: Main
  • Room 12: Other, 13x6, On Level: Main
  • Room 13: Laundry Room, 11x10, On Level: Lower
  • Room 14: Den/Office, 12x10, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1895
  • Below Grade Finished Sq Ft: 1430
  • Total Fin Square Footage: 3325

Exterior Features

  • Frontage Road: County
  • LakeAcres: 2427.7
  • Waterfront Name: White Bear
  • Exterior: Brick, Wood
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Baseboard

Schools

  • School District: Mahtomedi #832

Lot Info

  • Estimated Lot Dimensions: 71x235x105
  • Lot/Land Description: Corner Lot, Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1941

Tax Info

  • Year: 2011
  • Tax Value: 12877

MLS Schools

  • School District: Mahtomedi #832

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Feb 7, 2013
Sold by
Devney John L and Devney Judith L
Bought by
Knapp Joshua J and Knapp Nicole M
Seller's Agent
Marty Rathmanner
Keller Williams Premier Realty
Buyer's Agent
Alan Conard
Coldwell Banker Burnet
List Price
$600,000
Sold Price
$555,000
Premium/Discount to List
-$45,000
-7.5%
Current Estimated Value
$1,206,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,920
Avg. Annual Appreciation
6.25%
Original Mortgage
$417,000
Interest Rate
3.34%
Mortgage Type
New Conventional
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
Knapp Joshua J $555,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshua John Knapp Trust $500,000
Closed Knapp Joshua J $490,000
Closed Knapp Joshua J $213,000
Closed Knapp Joshua J $83,271
Closed Knapp Joshua J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2013 03/13/13 Sold $555,000 -7.5% $167 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $600,000 -- $180 / 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 $19,570 $1,570,200 $994,200 $576,000
2023 $19,570 $1,600,900 $1,031,600 $569,300
2022 $17,076 $1,527,300 $943,700 $583,600
2021 $16,532 $1,175,300 $725,900 $449,400
2020 $16,006 $1,175,300 $725,900 $449,400
2019 $16,814 $1,125,800 $692,200 $433,600
2018 $15,904 $1,122,500 $692,200 $430,300
2017 $15,912 $1,122,500 $692,200 $430,300
2016 $13,624 $1,062,600 $661,400 $401,200
2015 $8,292 $581,500 $463,600 $117,900
2013 -- $682,700 $516,600 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4449181

REALTOR® Association of Southern Minnesota

APN: 29-030-21-22-0027