NOT LISTED FOR SALE

Estimated Value: $901,130 - $1,020,000

4 Beds
3.5 Baths
4,063 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $780,000 $192 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,120/month

8 Days on Market

Highlights

  • 311,454 Sq Ft lot
  • Living Room with Fireplace
  • No HOA
  • Hilltop Primary School Rated A
  • Sauna
  • Home Gym

About This Home

As of June 2021

Private country estate setting located on a cul-de-sac serving only 3 other homes. This one-owner home was built to be nestled in the trees offering scenic views of nature from every room. Enjoy great room flow, maintenance free decking, kitchen with center island and peninsula seating, large mud room with cubbies and main level bedroom/office. The Owner's suite offers tree top views, full bathroom with laundry and massive walk-in closet! Two junior bedrooms and a full bath complete the upper level. The lower level offers a wet bar with beverage fridge and wine cooler, hot tub room and a huge heated storage room under the garage -- perfect for seasonal storage, mini sport court for knee hockey, etc. The walk-out lower level offers access to a spacious paver patio as well as a paver built-in fire pit just a stone's throw away. Ideally located just a half-mile to access the Luce Line Trail. Three different golf courses within 6 miles. 10 miles to Downtown Wayzata.

Last Listed By

John Adams

Compass Listed on: 05/13/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,978

Year Built

  • Built in 1997

Lot Details

  • 7.15 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 3 Car Attached Garage

Home Design

  • Flex

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Library
  • Game Room with Fireplace
  • Home Gym

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 3611824330005

Community Details

Overview

  • No Home Owners Association
  • Timber Island Estates Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,978

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 2690
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage Space, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Gas, Living Room
  • Living Area: 4063
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1373
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Library, Amusement Room, Sauna, Exercise Room, Flex Room
  • SqFtTotal: 0.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 311454
  • 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: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 3611824330005
  • Tax Annual Amount: 7978
  • TaxWithAssessments: 7978.3800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 22, 2021
Sold by
Mcdonald Teresa A and Revocable Trust Of Teresa A Mc
Bought by
Adams Ashley and Adams Schyler
Seller's Agent
John Adams
Compass
Buyer's Agent
Lien Sarles
Atlus Real Estate
List Price
$780,000
Sold Price
$780,000
Total Days on Market
8
Current Estimated Value
$966,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,033
Avg. Annual Appreciation
5.73%
Original Mortgage
$548,250
Outstanding Balance
$502,812
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$463,221

Purchase Details

Closed on
May 23, 2016
Sold by
Mcdonald Keith J and Mcdonald Teresa A
Bought by
Revocable Trust Of Teresa A Mcdonald

Range of Values:

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Average Value
Not Available
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
Adams Ashley $780,000 Burnet Title
Revocable Trust Of Teresa A Mcdonald -- None Available
Adams Ashley Ashley $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Ashley $548,250
Closed Adams Ashley Ashley $559,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $780,000 0.0% $192 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $780,000 0.0% $192 / Sq Ft
05/14/2021 05/14/21 Off Market $780,000 -- --
05/13/2021 05/13/21 For Sale $749,500 -- $184 / 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
2023 $8,864 $803,800 $279,500 $524,300
2022 $7,987 $798,000 $307,000 $491,000
2021 $7,978 $663,000 $260,000 $403,000
2020 $8,430 $653,000 $254,000 $399,000
2019 $8,450 $657,000 $254,000 $403,000
2018 $8,573 $653,000 $258,000 $395,000
2017 $7,183 $550,000 $182,000 $368,000
2016 $7,303 $559,000 $195,000 $364,000
2015 $7,151 $546,000 $182,000 $364,000
2014 -- $508,000 $195,000 $313,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 5746272

NorthstarMLS

APN: 36-118-24-33-0005