NOT LISTED FOR SALE

50 50 Highland-Avenue- Tonka Bay, MN 55331

Estimated Value: $1,727,000 - $2,067,299

4 Beds
3 Baths
4,140 Sq Ft
$442/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $845,000 $204 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $11,276/month

109 Days on Market

Highlights

  • 89 Feet of Waterfront
  • Docks
  • Vaulted Ceiling
  • Minnewashta Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2013

Designed by owner/architect Kilstofte. Modern classic emotes quality, style and ease of living. African Iroko wood, hand rubbed cherry, Bottochino marble, curves and vaults inside - 3/4 acre and 1/2 bridged island on outside.

Last Agent to Sell the Property

Nancy Arneson

Edina Realty, Inc. Listed on: 10/01/2012

Last Buyer's Agent

Terry Goldberg

Necklen and Oakland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,943

Year Built

  • 1987

Lot Details

  • 0.72 Acre Lot
  • 89 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2811723140048

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,943

Year Built

1987

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Skylight, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Dock, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.72
  • Construction: Previously Owned
  • Foundation Size: 2074
  • Parcel Number: 2811723140048
  • Projected Closed Date: 03/01/2013
  • Stories: 2 Story
  • Taxes With Assessments: 13264
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 26x15, On Level: Main
  • Room 2: Dining Room, 17x12, On Level: Main
  • Room 3: Family Room, 15x15, On Level: Main
  • Room 4: Kitchen, 13x9, On Level: Main
  • Room 5: Bedroom, 21x11, On Level: Upper
  • Room 6: Bedroom, 17x13, On Level: Upper
  • Room 7: 15x11, On Level: Upper
  • Room 8: Bedroom, 13x11, On Level: Upper
  • Room 9: Family Room, 26x26, On Level: Lower
  • Room 10: Dining Room, 14x11, On Level: Main
  • Room 11: Laundry Room, 7x14, On Level: Lower
  • Room 12: Deck, 15x10, On Level: Main
  • Room 13: Den/Office, 15x14, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2800
  • Below Grade Finished Sq Ft: 1340
  • Total Fin Square Footage: 4140

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Exterior: Brick, Stucco
  • Waterfront: Yes
  • Water Frontage: 89
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 177x89(Lk)
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2018
Sold by
Thomas Gregory J and Downie Carol M
Bought by
Thomas Gregory J and Downie Carol M
Current Estimated Value
$1,831,325

Purchase Details

Closed on
Aug 1, 2018
Sold by
Thomas Gregory J and Downie Carol M
Bought by
Thomas Gregory J and Downie Carol M

Purchase Details

Listed on
Oct 1, 2012
Closed on
Feb 26, 2013
Sold by
Kilstofte Irwin H
Bought by
Thomas Gregroy J and Downie Carol M
Seller's Agent
Nancy Arneson
Edina Realty, Inc.
Buyer's Agent
Terry Goldberg
Necklen and Oakland
List Price
$929,000
Sold Price
$845,000
Premium/Discount to List
-$84,000
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$676,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2012
Closed on
Feb 22, 2013
Sold by
Kilstoftle Irwin H and Kilsofte Marilyb A
Bought by
Thomas Gregory J and Downie Carol M
Seller's Agent
Nancy Arneson
Edina Realty, Inc.
Buyer's Agent
Terry Goldberg
Necklen and Oakland
List Price
$929,000
Sold Price
$845,000
Premium/Discount to List
-$84,000
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Thomas Gregory J -- None Available
Thomas Gregory J -- None Available
Thomas Gregroy J -- Edina Realty Title Inc
Thomas Gregory J -- Edina Realty Title Inc
Thomas Gregory J $820,147 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed American Investments Llc $2,000,000
Previous Owner Thomas Gregory J $676,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2013 03/01/13 Sold $845,000 -9.0% $204 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $929,000 -- $224 / 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
2023 $13,943 $1,218,000 $730,600 $487,400
2022 $13,737 $1,213,000 $731,000 $482,000
2021 $14,423 $1,082,000 $731,000 $351,000
2020 $13,818 $1,120,000 $695,000 $425,000
2019 $13,463 $1,027,000 $627,000 $400,000
2018 $12,195 $990,000 $627,000 $363,000
2017 $12,332 $905,000 $523,000 $382,000
2016 $11,723 $851,000 $523,000 $328,000
2015 $11,742 $851,000 $523,000 $328,000
2014 -- $877,000 $570,000 $307,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nancy Arneson

    Edina Realty, Inc.

  • T

    Buyer's Agent in 2013

    Terry Goldberg

    Necklen and Oakland

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4404743

REALTOR® Association of Southern Minnesota

APN: 28-117-23-14-0048

Minnesota Hennepin County Tonka Bay 55331

50 50 Highland-Avenue-, Tonka Bay, MN

This home is located at 50 50 Highland-Avenue-, Tonka Bay, MN 55331 since 01 October 2012 and is currently estimated at $1,831,325, approximately $442 per square foot. This property was built in 1987. 50 50 Highland-Avenue- is a home located in Hennepin County with nearby schools including Minnewashta Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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