NOT LISTED FOR SALE

Estimated Value: $1,012,000 - $1,303,000

6 Beds
4.5 Baths
3,526 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $675,000 $191 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,575/month

372 Days on Market

Highlights

  • Lake Front
  • Heated Floors
  • Vaulted Ceiling
  • Creek Valley Elementary School Rated A
  • Deck
  • Whirlpool Bathtub

About This Home

As of July 2012

Rare opportunity to find direct lakeshore in Edina. Set on Arrowhead Lake, this home has been meticulously renovated by current owners:Gourmet Kit,heated driveway,landscaping,bathrooms. Panoramic views from your deck & screen porch in the heart of Edina!

Last Agent to Sell the Property

Ellen Phelps

Coldwell Banker Burnet Listed on: 07/12/2011

Last Buyer's Agent

Jeffrey Hornig

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,673

Year Built

  • 1969

Lot Details

  • 0.74 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Irregular Lot
  • Sprinkler System
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0611621220012

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,673

Year Built

1969

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 0.74
  • Assessment Balance: 437.19
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1741
  • Mechanicals: Electronic Air Filter, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 0611621220012
  • Projected Closed Date: 07/27/2012
  • Stories: 1 Story
  • Taxes With Assessments: 9532.58
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Basement, Full Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Room 1: Living Room, 18x13, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Family Room, 19x17, On Level: Main
  • Room 4: Kitchen, 15x11, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 7: 17x10, On Level: Main
  • Room 8: Bedroom, 18x15, On Level: Lower
  • Room 9: Bedroom, 12x11, On Level: Lower
  • Room 10: Bedroom, 12x11, On Level: Lower
  • Room 11: Rec Room, 22x14, On Level: Lower
  • Room 12: Dining Room, 15x10, On Level: Main
  • Room 13: Porch, 16x16, On Level: Main
  • Room 14: Deck, 22x12, On Level: Main
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1885
  • Below Grade Finished Sq Ft: 1641
  • Total Fin Square Footage: 3526

Exterior Features

  • Frontage Road: City
  • LakeAcres: 22
  • Waterfront Name: Arrowhead
  • Exterior: Cement Board
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Cul De Sac, Irregular Lot, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2011
Closed on
Jul 25, 2012
Sold by
Fleischmann William Robert and Perkowski Linda C
Bought by
Ramme Michael P and Ramme Mary Katherine
Seller's Agent
Ellen Phelps
Coldwell Banker Burnet
Buyer's Agent
Jeffrey Hornig
Lakes Sotheby's International
List Price
$875,000
Sold Price
$675,000
Premium/Discount to List
-$200,000
-22.86%
Current Estimated Value
$1,179,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,478
Avg. Annual Appreciation
4.31%
Original Mortgage
$417,000
Outstanding Balance
$288,666
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$890,812

Purchase Details

Closed on
Aug 17, 2004
Sold by
Barrow John and Barrow Frances
Bought by
Fleischmann William R and Perkowski Linda C

Purchase Details

Closed on
May 8, 1996
Sold by
Vernier Richard
Bought by
Barrow John H and Barrow Frances
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
Ramme Michael P $675,000 Custom Home Bldrs Title
Fleischmann William R $675,000 --
Barrow John H $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramme Michael P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $675,000 -22.9% $191 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/12/2011 07/12/11 For Sale $875,000 -- $248 / 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 $16,673 $1,186,100 $565,800 $620,300
2023 $15,151 $1,134,000 $512,500 $621,500
2022 $11,006 $838,900 $459,200 $379,700
2021 $10,618 $796,200 $438,700 $357,500
2020 $10,841 $769,600 $410,000 $359,600
2019 $10,688 $771,200 $410,000 $361,200
2018 $10,715 $762,600 $399,700 $362,900
2017 $9,572 $665,600 $325,000 $340,600
2016 $10,267 $673,200 $340,000 $333,200
2015 $9,255 $659,600 $340,000 $319,600
2014 -- $644,400 $340,000 $304,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4060906

REALTOR® Association of Southern Minnesota

APN: 06-116-21-22-0012