NOT LISTED FOR SALE

5770 5770 Smithtown Way Shorewood, MN 55331

Estimated Value: $1,011,252 - $1,207,000

5 Beds
3.5 Baths
4,400 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $580,000 $132 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,815/month

151 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • 3 Car Attached Garage
  • Minnewashta Elementary School Rated A
  • Cul-De-Sac
  • Landscaped with Trees

About This Home

As of August 2013

Exceptional private cul-de-sac with direct access to extensive trail system that leads to shopping/dining in quaint Excelsior-Bike to Cresent Beach. Supplements available. All agents to confirm measurements.

Last Agent to Sell the Property

Julie Halling

Edina Realty, Inc. Listed on: 03/15/2013

Last Buyer's Agent

Peter Ice

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,049

Year Built

  • Built in 1998

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 117x126x16
  • Cul-De-Sac
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3211723140064

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,049

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck, Inground Sprinkler System
  • Estimated Number of Acres: 0.48
  • Construction: Previously Owned
  • Foundation Size: 1748
  • Mechanicals: Electronic Air Filter, Water Softener-Owned
  • Parcel Number: 3211723140064
  • Stories: 2 Story
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 21x17, On Level: Main
  • Room 4: Kitchen, 15x10, On Level: Main
  • Room 5: Bedroom, 18x13, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 12x11, On Level: Upper
  • Room 8: Bedroom, 13x11, On Level: Upper
  • Room 9: Bedroom, 13x12, On Level: Lower
  • Room 10: Dining Room, 15x10, On Level: Main
  • Room 11: Den/Office, 10x10, On Level: Main
  • Room 12: Rec Room, 21x16, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3192
  • Below Grade Finished Sq Ft: 1208
  • Total Fin Square Footage: 4400

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 117x126x16
  • Lot/Land Description: Cul De Sac, Tree Coverage - Medium

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2012
  • Tax Value: 9049

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Aug 23, 2013
Sold by
Richman Kurtt A and Richman Barb B
Bought by
Midboe Matt J and Midboe Michelle J
Seller's Agent
Julie Halling
Edina Realty, Inc.
Buyer's Agent
Peter Ice
Edina Realty, Inc.
List Price
$645,000
Sold Price
$580,000
Premium/Discount to List
-$65,000
-10.08%
Current Estimated Value
$1,118,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,563
Avg. Annual Appreciation
5.49%
Original Mortgage
$464,000
Outstanding Balance
$336,057
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$782,506

Purchase Details

Closed on
Dec 21, 2004
Sold by
Dejesus Arnel and Dejesus Mary Kay
Bought by
Primacy Closing Corp

Purchase Details

Closed on
May 1, 2002
Sold by
Boyle Raymond G and Boyle Kelly S
Bought by
Dejesus Arel and Dejesus Mary Kay

Purchase Details

Closed on
Dec 2, 1998
Sold by
Tony Eiden Company
Bought by
Boyle Raymond G and Boyle Kelly S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Midboe Matt J $580,000 Edina Realty Title Inc
Primacy Closing Corp $774,850 --
Richman Kurtt A $775,000 --
Dejesus Arel $600,000 --
Boyle Raymond G $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midboe Matt J $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2013 08/28/13 Sold $580,000 -10.1% $132 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $645,000 -- $147 / 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 $11,389 $899,600 $200,000 $699,600
2023 $11,025 $909,500 $200,000 $709,500
2022 $9,196 $864,000 $200,000 $664,000
2021 $9,248 $687,000 $145,000 $542,000
2020 $9,530 $685,000 $154,000 $531,000
2019 $9,189 $674,000 $156,000 $518,000
2018 $8,688 $649,000 $150,000 $499,000
2017 $8,771 $616,000 $136,000 $480,000
2016 $8,930 $616,000 $163,000 $453,000
2015 $7,836 $549,000 $119,000 $430,000
2014 -- $631,000 $140,000 $491,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4450416

REALTOR® Association of Southern Minnesota

APN: 32-117-23-14-0064