Minneapolis · Home sale
162 Peninsula Rd in Medicine Lake sells for $1.55 million
A single-family home at 162 Peninsula Rd, Medicine Lake sold for $1,550,000 on October 8, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,550,000
- Sold
- October 8, 2026
- Property type
- Single-family home
- Lot size
- 22,651 sq ft
- Year built
- 1982
The home sold for $1,550,000 on October 8, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. That was 79% above its last recorded sale, $865,000 in 2004.
An aerial photo shows the parcel directly on a lake, with a pool and a dock. Other houses surround it.
The record lists The Timothy C. Neary Revocable Trust dated May 23, 1998 and The Elisabeth B. Neary Revocable Trust dated November 1, 2007 as the sellers. It lists Luis Sanchez De Carmona Kuri and Brett Allan Bacon as the buyers.
Assessor's records show a build year of 1982 and a 0.52-acre lot. The market value on record is $1,405,700, 10% below the sale price. Listing data shows 4 bedrooms and 5 bathrooms.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Hennepin County?
By our estimate, the seller's two largest charges, not counting commission and prorations, were $5,270 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $3,687.50 for the owner's title insurance policy. Who pays what follows Hennepin County custom.
How much did the seller net?
By our estimate, the seller netted about $1,458,426. That assumes a 5% commission. It is before any mortgage payoff.
How much cash did the buyer bring to closing?
A buyer putting 20% down would need about $340,552 at closing. That covers the down payment and closing costs.
Run this net sheet with your numbers (free) See photos on Zillow
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1930121. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
