NOT LISTED FOR SALE

55 55 Gideons Point-Road- Tonka Bay, MN 55331

Estimated Value: $2,063,000 - $2,287,000

6 Beds
4.5 Baths
6,103 Sq Ft
$356/Sq Ft Est. Value

Last Sold July 19, 2012

Last sale price $1,020,273 $167 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $13,945/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Whirlpool Bathtub
  • Minnewashta Elementary School Rated A
  • 0.83 Acre Lot
  • Formal Dining Room

About This Home

As of July 2012

Highly sought- after Gideons Point neighborhood with deeded dock on Lake Minnetonka. This fabulous two-story walkout showcases large, open gathering areas, main floor living and a private backyard with gorgeous landscaping creating a serene setting.

Last Agent to Sell the Property

Patti Jo Hermann

Edina Realty, Inc. Listed on: 06/13/2012

Co-Listed By

Matthew Hermann

Edina Realty, Inc.

Last Buyer's Agent

Brette Hermann

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,477

Year Built

  • 1991

Lot Details

  • 0.83 Acre Lot
  • Waterfront
  • Landscaped with Trees

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Deeded Waterfront Access Rights
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2711723230114

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,477

Year Built

1991

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.83
  • Construction: Previously Owned
  • Foundation Size: 2867
  • Mechanicals: Central Vacuum
  • Parcel Number: 2711723230114
  • Projected Closed Date: 07/19/2012
  • Stories: 2 Story
  • Taxes With Assessments: 17150.44
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Master, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 19x17, On Level: Main
  • Room 2: Dining Room, 14x13, On Level: Main
  • Room 3: Family Room, 21x19, On Level: Main
  • Room 4: Kitchen, 21x10, On Level: Main
  • Room 5: Bedroom, 20x12, On Level: Main
  • Room 6: Bedroom, 14x13, On Level: Upper
  • Room 7: 13x11, On Level: Upper
  • Room 8: Bedroom, 13x13, On Level: Upper
  • Room 9: Dining Room, 11x10, On Level: Main
  • Room 10: Rec Room, 42x18, On Level: Lower
  • Room 11: Bedroom, 14x10, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 3926
  • Below Grade Finished Sq Ft: 2177
  • Total Fin Square Footage: 6103

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Exterior: Wood
  • Waterfront: Yes
  • Waterfront Description: Deeded Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 450

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: W 180X227X
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2018
Sold by
Lynne Stickstad Corey and Lynne Stickstad
Bought by
Pederson Bertt J and Kastner Torre E
Total Days on Market
2
Current Estimated Value
$2,173,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,013,000
Outstanding Balance
$877,533
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,364,472

Purchase Details

Closed on
May 13, 2016
Sold by
Langevin Jeremy and Langevin Amy
Bought by
Stockstad Corey and Stockstad Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$929,425
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2012
Closed on
Jul 19, 2012
Sold by
Hall Russell E and Hall Lorrie A
Bought by
Langevin Jeremy and Langevin Amy
Seller's Agent
Patti Jo Hermann
Edina Realty, Inc.
Buyer's Agent
Brette Hermann
Edina Realty, Inc.
List Price
$1,050,000
Sold Price
$1,020,273
Premium/Discount to List
-$29,727
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$840,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2000
Sold by
Watkins Inc
Bought by
Hall Russell E and Hall Lorrie A

Purchase Details

Closed on
Feb 26, 1996
Sold by
Hall Russell E
Bought by
Jacobs Industries Inc
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
Pederson Bertt J $1,268,000 Burnet Title
Stockstad Corey $1,171,552 Edina Realty Title Inc
Langevin Jeremy $1,050,000 Edina Realty Title Inc
Hall Russell E $661,644 --
Jacobs Industries Inc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pederson Bertt J $1,013,000
Previous Owner Stockstad Corey $929,425
Previous Owner Langevin Jeremy $840,000
Previous Owner Langevin Jeremy $52,500
Previous Owner Hall Russell E $900,000
Closed Jacobs Industries Inc --
Closed Jacobs Industries Inc $390,000
Closed Hall Russell E $49,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2012 07/19/12 Sold $1,020,273 -2.8% $167 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $1,050,000 -- $172 / 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
2023 $20,477 $1,753,100 $638,000 $1,115,100
2022 $17,373 $1,606,000 $665,000 $941,000
2021 $17,284 $1,348,000 $588,000 $760,000
2020 $16,202 $1,327,000 $588,000 $739,000
2019 $15,409 $1,191,000 $501,000 $690,000
2018 $16,335 $1,122,000 $480,000 $642,000
2017 $15,067 $1,088,000 $400,000 $688,000
2016 $14,217 $1,015,000 $400,000 $615,000
2015 $14,248 $1,015,000 $400,000 $615,000
2014 -- $919,000 $350,000 $569,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patti Jo Hermann

    Edina Realty, Inc.

  • M

    Seller Co-Listing Agent in 2012

    Matthew Hermann

    Edina Realty, Inc.

  • B

    Buyer's Agent in 2012

    Brette Hermann

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4332327

REALTOR® Association of Southern Minnesota

APN: 27-117-23-23-0114

Minnesota Hennepin County Tonka Bay 55331

55 55 Gideons Point-Road-, Tonka Bay, MN

This home is located at 55 55 Gideons Point-Road-, Tonka Bay, MN 55331 since 13 June 2012 and is currently estimated at $2,173,446, approximately $356 per square foot. This property was built in 1991. 55 55 Gideons Point-Road- is a home located in Hennepin County with nearby schools including Minnewashta Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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