$1,080,000 Price Analysis    ♡   Tonka Bay, MN 55331 2 bed 2 bath 2,021 SqFt ($534/SqFt) 1.47 acre lot. Built 1950 Listed 2024-04-05, Taxes $7,927 | Ⓧ USDA Ineligible due to price & location near Tonka Bay |
Property Details
* Sale Pending *Located outside Excelsior on Lake Minnetonka's historic Old Channel Bay this enchanting mid-century modern cottage exudes the charm of yesteryear.Desgned by a local architect for simplified Lake Minnetonka living this lakeside cottage offers a wide array of potential uses including as a primary residence, second home or building site for a new construction project.Featuring a large 1.47-acre lot offering 19.52' of sandy bottom direct lakeshore on one of Lake Minnetonka's favorite bays and the perfect typography for extensive privacy with plenty of room to stretch out and entertain.Although the value is completely in the land, the mid-century modern home has been lovingly cared for, thoughtfully updated and is warm, welcoming and artistic.A primer lot and location ideally located within close proximity to restaurants, shopping and marinas within the Minnetonka School District.Come explore this unique rarely available acreage pr operty and enjoy Lake Minnetonka life this summer.
Located outside Excelsior on Lake Minnetonka's historic Old Channel Bay this enchanting mid-century modern cottage exudes the charm of yesteryear.Desgned by a local architect for simplified Lake Minnetonka living this lakeside cottage offers a wide array of potential uses including as a primary residence, second home or building site for a new construction project.Featuring a large 1.47-acre lot offering 19.52' of sandy bottom direct lakeshore on one of Lake Minnetonka's favorite bays and the perfect typography for extensive privacy with plenty of room to stretch out and entertain.Although the value is completely in the land, the mid-century modern home has been lovingly cared for, thoughtfully updated and is warm, welcoming and artistic.A primer lot and location ideally located within close proximity to restaurants, shopping and marinas within the Minnetonka School District.Come explore this unique rarely available acreage pr operty and enjoy Lake Minnetonka life this summer.
Presented by Dan Hollerman at
Compass.
Property MLS #6514315 from NorthstarMLS
Basement Features: Crawl Space
Dryer
Microwave
Range
Refrigerator
Washer
Fireplace Features: Wood Burning
Heating Features: Forced Air
Heating Fuel: Natural Gas
Number of Fireplaces: 2
Lake Front
Dock
Waterfront Feet: 19
Wood
Road Frontage Type: City
Road Responsibility: Public Maintained Road
Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
Lot Size Acres: 1.47
Lot Size Dimensions: Irregular
Lot Size Square Feet: 64033
Parking Features: Detached Garage, Driveway - Asphalt
Dock
Kitchen Window
Main Floor Primary Bedroom
Natural Woodwork
Patio
Tile Floors
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Pending
County: Hennepin
Directions: From Excelsior head north on Smithtown Rd which turns into Manitou Rd. The property is in the NW corner of the Manitou Rd and Tonka Bay Rd intersection. Enter the shared driveway, and the property is on the right-hand side. No sign on property.
Tax Year: 2024
Source Property Type: Single Family
Source Neighborhood: Registered Land Surv 1243 Trac
Parcel Number: 2811723110010
Subdivision: Registered Land Surv 1243 Trac
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $186,000 + $471,000 $657,000 | $7,927 |
| 2021 | $171,000 + $449,000 $620,000 | $7,512 |
| 2020 | $173,000 + $449,000 $622,000 | $7,928 |
| 2019 | $169,000 + $449,000 $618,000 | $7,977 |
| 2018 | $143,000 + $473,000 $616,000 | $7,906 |
| 2017 | $131,000 + $450,000 $581,000 | $7,489 |
| 2016 | $112,000 + $450,000 $562,000 | $7,327 |
| 2015 | $112,000 + $450,000 $562,000 | $7,324 |
| 2014 | $91,000 + $413,000 $504,000 | $6,729 |
| 2013 | $96,000 + $413,000 $509,000 | $6,605 |
| 2012 | $111,000 + $450,000 $561,000 | $7,025 |
| 2011 | $115,000 + $488,000 $603,000 | $7,296 |
| 2010 | $132,000 + $525,000 $657,000 | $7,340 |
| 2009 | $148,000 + $525,000 $673,000 | $7,217 |
| 2008 | $141,000 + $500,000 $641,000 | $6,843 |
| 2007 | $129,000 + $428,400 $557,400 | $6,059 |
$1,080,000
NorthstarMLS
Listed 2024-04-05
$1,150,000
NorthstarMLS
Sold 1987-02-01
$165,000
Public Record
Sold 1979-07-01
$125,000
Public Record
Above Grade Finished Area: 2021
Construction Materials: Block, Frame
Foundation Area: 2021.00
Property Age: 74
Property Condition: Previously Owned
Roof: Age 8 Years or Less, Asphalt Shingles, Flat
Levels or Stories: 1
Total Above Grade Sqft Area: 2021.00
Total Area Main: 2021.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.