NOT LISTED FOR SALE

941 941 N Arm Dr Orono, MN 55364

Estimated Value: $782,000 - $857,000

2 Beds
2.5 Baths
1,955 Sq Ft
$424/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $370,000 $189 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,918/month

62 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wood Flooring
  • Hilltop Primary School Rated A
  • Property is near public transit
  • Whirlpool Bathtub

About This Home

As of September 2012

1/14th ownership in a large outlot with 200 ft of sandy beach/lakeshore on Lake Minnetonka! 30 ft boat slip.True one-level living! All the costly improvements completed, move in and enjoy! All new master suite. New roof, soffits and exterior paint.

Last Agent to Sell the Property

Timothy Landon

RE/MAX Advantage Plus Listed on: 06/15/2012

Last Buyer's Agent

Rita Pederson

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1978

Lot Details

  • 0.45 Acre Lot
  • Property fronts a county road
  • Landscaped with Trees

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,955 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 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
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Patio

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Water Softener Leased

Community Details

  • Association fees include shared amenities

Listing and Financial Details

  • Assessor Parcel Number 0711723110001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,463

Year Built

Built in 1978

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Dock, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.45
  • Construction: Previously Owned
  • Foundation Size: 1955
  • Mechanicals: Electronic Air Filter, Water Softener-Rented
  • Parcel Number: 0711723110001
  • Projected Closed Date: 09/25/2012
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 3493
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 19x15, On Level: Main
  • Room 2: Dining Room, 15x11, On Level: Main
  • Room 3: Family Room, 15x14, On Level: Main
  • Room 4: Kitchen, 15x13, On Level: Main
  • Room 5: Bedroom, 15x13, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 9: Den/Office, 9x9, On Level: Main
  • Room 10: Laundry Room, 11x6, On Level: Main
  • Finished Above Grade Sq Ft: 1955
  • Total Fin Square Footage: 1955

Exterior Features

  • Frontage Road: County, Paved
  • LakeAcres: 14652
  • Exterior: Fiber Board
  • Roof: Asphalt Shingles
  • 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

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 400

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: NE150X145X
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2012
  • Tax Value: 3463

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Sep 25, 2012
Sold by
Soppa Barrett Robin
Bought by
Johansen Tressa
Seller's Agent
Timothy Landon
RE/MAX Advantage Plus
Buyer's Agent
Rita Pederson
Coldwell Banker Burnet
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Current Estimated Value
$829,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,388
Avg. Annual Appreciation
6.36%
Original Mortgage
$351,500
Outstanding Balance
$245,116
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$584,272

Purchase Details

Closed on
Aug 30, 2011
Sold by
Barrett Thomas Patrick
Bought by
Soppa Barrett Robin

Purchase Details

Closed on
Jul 5, 2005
Sold by
Giesselman Carl J and Giesselman Karen D
Bought by
Barrett Thomas P and Soppa Barrett Robin E

Purchase Details

Closed on
Sep 28, 2001
Sold by
Christensen Ronald L and Christensen Maybeth A
Bought by
Giesselman Carl J and Giesselman Karen D
Source: Public Records

Range of Values:

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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
Johansen Tressa $370,000 Trademark Title Services Inc
Soppa Barrett Robin -- None Available
Barrett Thomas P $395,900 --
Giesselman Carl J $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johansen Tressa $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2012 09/25/12 Sold $370,000 -2.6% $189 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $380,000 -- $194 / 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 $6,427 $671,200 $385,000 $286,200
2023 $6,155 $667,900 $370,000 $297,900
2022 $4,634 $584,000 $270,000 $314,000
2021 $4,491 $493,000 $230,000 $263,000
2020 $4,310 $474,000 $220,000 $254,000
2019 $4,314 $427,000 $180,000 $247,000
2018 $4,196 $425,000 $175,000 $250,000
2017 $4,009 $376,000 $170,000 $206,000
2016 $3,838 $360,000 $175,000 $185,000
2015 $3,927 $360,000 $175,000 $185,000
2014 -- $334,000 $155,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4333071

REALTOR® Association of Southern Minnesota

APN: 07-117-23-11-0001