2500 Lake Place

Minneapolis, MN 55405

$2,399,000
Price
6
Beds
5
Baths
1
1/2 Bath
9,913 Sq. Ft.
$242 / Sq. Ft.
9,913
Sq. Ft.
$242
per Sq. Ft.

Description

From the moment you step onto the property, you will be impressed w/the perfect balance of casual elegance. This charming Arts & Crafts home is brilliantly sited forward on this large lot creating a private country club type setting in the backyard. Imagine dining on the large deck offering spectacular views of Lake of the Isles while just a few steps down a state of the art pool, tasteful hardscapes, garden & pergola perfect for spring, summer and fall gatherings. The warmth, comfort & distinguished...From the moment you step onto the property, you will be impressed w/the perfect balance of casual elegance. This charming Arts & Crafts home is brilliantly sited forward on this large lot creating a private country club type setting in the backyard. Imagine dining on the large deck offering spectacular views of Lake of the Isles while just a few steps down a state of the art pool, tasteful hardscapes, garden & pergola perfect for spring, summer and fall gatherings. The warmth, comfort & distinguished design carry through to the interiors as well. The essence of the 1909 structure, with its Prairie School beginnings (containing delightful nooks and crannies for all to find their favorite spots) have been carefully preserved and enhanced. A full renovation in 2018 created a glorious kitchen w/a 10ft quartzite island, the highest grade appliance & master crafted cabinetry. Likewise, in 2019 & 2023 the backyard was transformed into an urban oasis.
  1. Listed by Lakes Sotheby's International

Property Details for 2500 Lake Place

Neighborhood
East Isles
Subdivision Name
Lake Of The Isles Add
View
Lake
Waterfront Features
Lake View
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family

Open Houses

Sunday, May 5th

2:30 PM - 4:30 PM

PublicView Details

Location

Listing Courtesy of Lakes Sotheby's International
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LISTING UPDATED: 05/03/2024 12:09 PM

Property Details for 2500 Lake Place

StatusActive
MLS #6516820
Days on Compass24
Taxes$39,199 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1909
Lot Size0.31 AC / 13,503 SF
CountyHennepin County

Location

Listing Courtesy of Lakes Sotheby's International
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Building Information for 2500 Lake Place

Stories-Year Built1909Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$16,359 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,092

Property Taxes

$3,267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2500 Lake Place

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Hennepin Ave to 25th St, west to Lake Pl, south/left to home.
  • Latitude: 44.958026
  • Longitude: -93.301955
  • Nbr of Acres: 111
  • Lake Chain: Y
  • Approx Acreage: 1049
  • Development Name Free Text: Minneapolis
  • Lake Name: Recreational Development
  • PLAT: 31
  • Map Coordinate: 106-B4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55405
  • State Or Province: MN
  • Public Survey Township: 29
  • Waterfront Property YN: Yes
  • Complex Name: Lake of the Isles
  • Waterfront Footage: 27004000
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 3302924240066
  • Tax Annual Amount: $39,199.00
  • Tax Legal Description: LOT 001 BLOCK 008 LAKE OF THE ISLES ADDN TO MPLS NELY 85 9/100 FT INCL ADJ 1/2 OF VAC ALLEY
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2022
  • Tax With Assessments: 39199.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 7648.0
  • Below Grade Fin SQFT: 2265.0
  • SQFT Total: 9913.0
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
  • Lot Size Area: 0.31
  • Lot Size Dimensions: 85x157
  • Lot Size Square Feet: 13503.6
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 2265.0000
  • Above Grade SqFt Total: 7648.0000
  • Below Grade SqFt Total: 2265.0000
  • Sqft Total: 9913.00
Property and Assessments
  • Age Of Property: 115
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 2265.0
  • Fuel: Natural Gas
  • Pool Features: Below Ground, Outdoor Pool
  • Road Frontage Type: City Street
  • Patio Porch Type: Deck,Patio
Interior Features
  • Basement Type: Finished, Full, Walkout
  • Bath Desc: 3/4 Basement,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 6
  • Bedrooms Total: 6
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Other, Wood Burning
  • Fireplaces Total: 5
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Separate/Formal Dining Room
  • Garage Square Feet: 400
  • Heating: Fireplace(s), Radiant
  • Levels: More Than 2 Stories
  • Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Office, Library, Laundry
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Office, Library, Laundry
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 30x15
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 20x13
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 26x24
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 18x18
  • Room Level: Main
  • Room Type: Family Room
Room 5
  • Room Dimensions: 21x17
  • Room Level: Upper
  • Room Type: Bedroom 1
Room 6
  • Room Dimensions: 14x13
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 7
  • Room Dimensions: 14x13
  • Room Level: Upper
  • Room Type: Bedroom 3
Room 8
  • Room Dimensions: 15x11
  • Room Level: Upper
  • Room Type: Bedroom 4
Room 9
  • Room Dimensions: 15x15
  • Room Level: Third
  • Room Type: Bedroom 5
Room 10
  • Room Dimensions: 15x14
  • Room Level: Third
  • Room Type: Bedroom 6
Room 11
  • Room Dimensions: 30x15
  • Room Type: Office
Room 12
  • Room Dimensions: 20x18
  • Room Type: Family Room
Room 13
  • Room Dimensions: 14x12
  • Room Type: Library
Room 14
  • Room Dimensions: 15x13
  • Room Type: Laundry

Property History for 2500 Lake Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2500 Lake Place

Taxable ValueLand$604,000Additions$1,832,000Total$2,436,000
Tax Record2023$37,699 ($3,142 / month)
Home Facts
Beds6Baths4Total Finished SqFt5,720 SqFtAbove Grade Finished SqFt5,720 SqFtStories3Lot Size13,504 SqFtStyleSingle Family ResidenceYear Built1909ZoningR1CountyHENNEPINAPN33-029-24-24-0066Fireplace TypeHas Fireplace

Schools near 2500 Lake Place

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Kenwood Elementary School
PublicK to 5

Anwatin Middle Com & Spanish D I
Public6 to 8

North Academy Senior High
Public9 to 12

Sullivan Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2500 Lake Place is a single family home for sale in Minneapolis, MN 55405. This property was listed for sale on April 10, 2024 by Lakes Sotheby's International, it's currently listed at $2,399,000. It has been on the market for a total of 24 days and was last sold on August 31, 2017. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Kenwood Elementary School, Anwatin Middle Com & Spanish D I and North Academy Senior High. 2500 Lake Place is a 6-bed, 5.5-bath, 9,913 sqft single family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lakes Sotheby's International

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/03/2024 12:09 PM