NOT LISTED FOR SALE

8905 Cove Pointe Rd Eden Prairie, MN 55347

Estimated Value: $878,000 - $1,161,330

4 Beds
3.5 Baths
4,722 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,000,000 $212 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,952/month

Highlights

  • 143 Feet of Waterfront
  • 37,897 Sq Ft lot
  • 3 Fireplaces
  • Central Middle School Rated A
  • Deck
  • Great Room

About This Home

As of March 2023

Spectacular custom-built rambler walkout on Red Rock Lake! 143 ft of level lakeshore on just under an acre parcel. Panoramic vistas of the lake from almost every room. Walls of glass, high ceilings & exceptional architectural detail. Lots of updates here! Master bath remodeled 4 years ago w/ granite countertops, under cabinet lighting, spacious shower, beautiful tiles, & huge California Closet. Kitchen updated recently w/ ss appliances, granite countertops, stone backsplash, & newly refinished hardwood floors. New ceramic tile in laundry room/mudroom installed 2017. New cedar shake roof in 2012. Gazebo added in 2013 to spacious deck overlooking the lake. New fireplace in the master suite 2017. The demand floor plan of today- owner’s suite, study & great room on the main & LL walkout with 3 bedrooms, bonus room, & huge entertainment area! Add'l amenities include grand circle drive, heated garage, newer extensive landscaping w/ flagstone path, & maintenance free V-Dock.

Last Agent to Sell the Property

Diana Johnson

Coldwell Banker Realty Brokerage Phone: 612-720-6031 Listed on: 01/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Jacqueline Day

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,270

Year Built

  • Built in 1992

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 152x196x143x61x178
  • 143 Feet of Waterfront
  • Lake Front

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • 3 Fireplaces
  • Great Room
  • Dining Room
  • Home Office
  • Game Room
  • Finished Basement

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2111622230034

Community Details

Overview

  • Sandy Pointe Association, Phone Number (952) 937-8022
  • Sandy Pointe Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,270

Year Built

Built in 1992

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water - In Street
  • Fee Frequency: Annually
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 2386
  • Water Body Name: Red Rock
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-720-6031
  • Attribution Contact: 612-720-6031
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Gas
  • Living Area: 4722
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2336
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Kitchen, Informal Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Flex Room, Billiard, Study, Laundry
  • SqFtTotal: 4772.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Shake
  • View: Panoramic
  • Other Structures: Gazebo
  • PatioPorchType: Deck
  • Lake Acres: 96
  • LakeChain: N
  • Waterfront Frontage: 143

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 871

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 952-937-8022
  • Association Fee: 550
  • Association: Yes
  • Amenities Unit: Deck,Dock,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,Security System,Wet Bar

Association/Amenities

  • HOA Management Co: Sandy Pointe Association

Schools

  • Junior High Dist: Eden Prairie
  • SchoolDistrictNumber: 272
  • SchoolDistrictPhone: 952-975-7000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 152x196x143x61x178
  • Lot Size Sq Ft: 37897.2
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2111622230034
  • Tax Annual Amount: 10270
  • TaxWithAssessments: 10270.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 22, 2023
Sold by
Palmguist Joan E
Bought by
Morton Susan P and Morton Michael C
Seller's Agent
Diana Johnson
Coldwell Banker Realty
Buyer's Agent
Jacqueline Day
Edina Realty, Inc.
List Price
$1,149,000
Sold Price
$1,000,000
Premium/Discount to List
-$149,000
-12.97%
Views
52
Current Estimated Value
$1,076,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,583
Avg. Annual Appreciation
2.92%
Original Mortgage
$525,000
Outstanding Balance
$509,585
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$566,998

Purchase Details

Closed on
Oct 28, 2022
Sold by
Palmquist Joan E
Bought by
Palmquist Joan E and Joan Palmquist Revocable Living Trust

Purchase Details

Closed on
Jan 22, 2018
Sold by
Palmquist Joan E
Bought by
Hildreth Randall D and Randall Hildreth Revocable Living Trust

Purchase Details

Closed on
Sep 22, 2009
Sold by
Miller Michael and Miller Linda S
Bought by
The Joan Palmquist Revocable Living Trus

Purchase Details

Closed on
Jan 8, 2003
Sold by
Kroiss Stephen J and Kroiss Martha J
Bought by
Miller Michael L and Miller Linda S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morton Susan P $1,000,000 Burnet Title
Palmquist Joan E -- None Listed On Document
Palmquist Joan E $500 --
Hildreth Randall D -- None Available
The Joan Palmquist Revocable Living Trus $820,000 --
Miller Michael L $868,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Susan P $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $1,000,000 -13.0% $212 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,149,000 -- $243 / 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
2024 $14,585 $1,098,000 $459,300 $638,700
2023 $14,091 $1,121,400 $469,100 $652,300
2022 $10,270 $907,900 $379,800 $528,100
2021 $10,198 $777,000 $325,000 $452,000
2020 $10,487 $777,000 $325,000 $452,000
2019 $10,324 $773,300 $303,400 $469,900
2018 $10,556 $754,300 $297,500 $456,800
2017 $10,719 $754,300 $297,500 $456,800
2016 $10,799 $754,300 $297,500 $456,800
2015 $11,056 $743,200 $304,400 $438,800
2014 -- $722,900 $298,500 $424,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6266617

NorthstarMLS

APN: 21-116-22-23-0034