Joe and Cindy's Blog

Beautiful Walkout Twinhome with Scenic Views!

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 19:52:00 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

2832 Century Trl, Chanhassen, MN

Maintenance free one level living awaits!!

3BR/3BA Townhouse

offered at $289,900

Year Built	2002
Sq Footage	Unspecified
Bedrooms	3
Bathrooms	3 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	2,290 sqft
HOA/Maint	$150 per month

DESCRIPTION

Impeccably maintained newer townhome in Arboretum Village located in the heart of Chanhassen. The light and bright eat-in kitchen offers beautiful oak cabinets, tons of counter space, and plenty of storage. The huge kitchen overlooks the elegant dining room featuring a 3-sided gas fireplace. Entertain away in your open and inviting living spaces! Relax and unwind in the sun room with great views and access to the spacious grilling deck overlooking the beautiful backyard. Formal living room, two sizable bedrooms, full supporting bath and private full master bath complete the spacious main level. The large walkout lower level is idyllic for entertaining with spacious living areas, large 3rd bedroom and ¾ bath. The lower level walks out onto a cement patio on looking walking trails and lush greens. Enjoy fantastic views and maintenance free living, one level living at it’s finest! Plan a showing today!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- Walk-in closet	- Family room	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 14, 2009, 7:47am PDT

New Construction Rambler in Maple Grove Available!

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 19:47:36 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

7701 Lawndale Ln, Maple Grove, MN

Beautiful Custom New Construction

4BR/3BA Single Family House

offered at $649,900

Year Built	2009
Sq Footage	Unspecified
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	1
Parking	3 Car garage
Lot Size	3,578 sqft
HOA/Maint	$0 per month

DESCRIPTION

Beautiful custom new construction walkout rambler on prefectly manicured lawn overlooking scenic pond. Features include striking hardwood floors, granite counters, stainless steel appliances, vaulted ceilings, deck, 2 fireplaces, 3 full baths, stunning master suite, open floor plan and more!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Family room	- Living room	- Office/Den
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Granite countertop	- Stainless steel appliances
- Basement	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 3, 2009, 12:45pm PDT

Custom Home overlooking Lake and Hazeltine Golf Course!

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 19:45:08 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

4 Birdie Ln, Chaska, MN

Executive Home Next to Hazeltine National Golf Club

3BR/2.5BA Single Family House

offered at $1,095,000

Year Built	1995
Sq Footage	4,528
Bedrooms	3
Bathrooms	2 full, 2 partial
Floors	1
Parking	3 Car garage
Lot Size	.65 acres
HOA/Maint	$0 per month

DESCRIPTION

Exceptional Executive Home next to Hazeltine National Golf Club, Home of the 2009 PGA Championship, This is one of Chaska’s finest executive homes situated on a picture perfect lot with breath taking lake views. This sprawling rambler features 3 Bedrooms, 4 baths, 3 car garage and over 4500 finished square feet. The living spaces are flowing and open- made for entertaining and large family gatherings. You will notice luxury finishes throughout like granite surfaces, hardwoods such as Brazilian cherry, stone fireplaces, crown moldings and custom tile work. The main level features a large master suite with a large bath, and walk in closet. Walls of windows, a spacious library/office and large gourmet kitchen are some of the other great features that make this home sensational. The lower level is a natural extension of living space with its towering ceilings and matching windows offering equally impressive views of the grounds. A large bar and billiards area will accommodate your social gatherings with total class. Additional bedrooms and a large bathroom also offer your house guests their own private space. The back of the home features a huge deck with mile long lake views which can be taken in while enjoying a glass of wine in the large hot tub. This home truly has everything you could ask for in an executive level home with convenient access to 494 via 212. It also happens to be located next to one of the best golf courses in the country!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Office/Den	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Stainless steel appliances	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Jacuzzi/Whirlpool

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 18, 2009, 11:03am PDT

Stunning Stinson-Streeter Masterpiece on quiet cul de sac!

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 19:42:33 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

7528 Erie Ave, Chanhassen, MN

Stunning custom walkout rambler!!

4BR/4BA Single Family House

offered at $1,195,000

Year Built	2000
Sq Footage	4,272
Bedrooms	4
Bathrooms	4 full, 0 partial
Floors	Unspecified
Parking	Unspecified
Lot Size	1.47 acres
HOA/Maint	$0 per month

DESCRIPTION

Welcome to this stunning and distinctive masterpiece by award-winning Streeter & Associates custom home builder! With the amazing architectural talent of Stinson, the crafted design and mastery of detail shows in each and every part of this spectacular home. From the moment you walk up to the home, the exceptional design of the home is apparent. The large and receptive foyer opens into a fascinating great room with walls of windows, vaulted ceilings, lustrous cherry hardwood floors and striking gas fireplace acts as the focal point for the room. The gourmet kitchen has beautiful woodwork and cabinets, granite surfaces, top of the line stainless appliances, a breakfast bar, built-in television and wonderful informal dining area or sitting area accessing the large deck and overlooking the wooded lot and Lotus Lake. A luxurious master suite completes the main level. Here you can immerse yourself in tranquility with walls of wooded views, sophisticated two-sided gas fireplace, sizeable walk-in closet and a full master bath that is a true romantic sanctuary. From the oversized jetted bath to the two person walk-in shower, the magnificent finishes will spoil you. The walkout lower level showcases the same beautiful walls of windows for optimal views. The large family room area has an array of extras including large screen television, library wall, wine racks and lovely corner wet bar making your entertaining effortless. A marvelous opportunity!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Office/Den	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Stainless steel appliances	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Exquisite Rambler	Fantastic floor plan!
Spacious kitchen.	Cozy, beautiful room.
Executive custom walkout	Beautifully landscaped

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 1, 2009, 10:54am PDT

Stunning New Construction Model for Sale

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 19:39:10 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

18537 99th Lane, Maple Grove, MN

Stunning Custom New Construction Home

5BR/4.5BA Single Family House

offered at $847,900

Year Built	2008
Sq Footage	5,005
Bedrooms	5
Bathrooms	4 full, 1 partial
Floors	2
Parking	3 Car garage
Lot Size	.84 acres
HOA/Maint	$0 per month

DESCRIPTION

Stunning custom new construction home on a beautiful treed lot to enjoy in sought-after Dunlavin Woods. Beautiful hardwood floors and millwork, granite counters, stainless steel appliances, theatre room, wet bar, large bonus room, spacious master suite, butlers pantry with wine cooler and so much more!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Bonus/Rec room	- Office/Den	- Dining room
- Breakfast nook	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 3, 2009, 12:39pm PDT

Stunning Autumn Woods Beauty with Spectacular Backyard to Enjoy!

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 19:15:30 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

2857 Timberview Trl, Chaska, MN

Gorgeous property offering high-class finishes!

4BR/3.5BA Single Family House

offered at $759,900

Year Built	2001
Sq Footage	4,550
Bedrooms	4
Bathrooms	3 full, 1 partial
Floors	1
Parking	3 Car garage
Lot Size	.02 acres
HOA/Maint	$0 per month

DESCRIPTION

Welcome to this striking custom rambler on one of the Metro’s best lots, in the sought after Autumn Woods neighborhood. Located on a quiet cul de sac, enjoy superior curb appeal w/beautiful professional landscaping creating a one of a kind outdoor environment. The home’s elegant entrance sets the stage for the stunning & impressive finishing & features this property offers. The formal living room has a towering ceiling, wall of windows, beautiful ceiling beam accents & gas fireplace. There is dramatic millwork & cherry built-in’s throughout the home to enjoy, as well as hardwood floors w/inset adornments. The gourmet kitchen boasts granite countertops & an abundance of cabinet space. There is a wonderful screen porch overlooking the spectacular backyard to unwind & relax in. The large main level master suite has sitting area, walk-in closet & full ceramic bath perfect for pampering yourself. There is a full wet bar w/wine rack & refrigerator, game/music room & recreation room w/media area & fireplace. Two large supporting bedrooms, two bathrooms & a storage area/future expansion area round out this level. The highlight of this home is the magnificent backyard. Custom designed w/every detail considered, you’re sure to enjoy it. The scenic water feature & waterfalls are both tranquil & picturesque. From the slate patio w/outside wet bar & grilling area to the lovely bridges & sitting areas, you’ll feel as if you have your own private retreat. Everything you need is right here!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Bonus/Rec room	- Dining room	- Breakfast nook
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Granite countertop	- Basement
- Laundry area - inside	- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 3, 2009, 12:33pm PDT

Beautiful Furnished New Construction Home on Wooded Lot!

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 18:55:54 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

6849 Everest Lane N, Maple Grove, MN

First-class beauty with all the amenities!

4BR/3.5BA Single Family House

offered at $1,200,000

Year Built	2008
Sq Footage	4,477
Bedrooms	4
Bathrooms	3 full, 1 partial
Floors	1
Parking	4 Car garage
Lot Size	1.7 acres
HOA/Maint	$0 per month

DESCRIPTION

Welcome to this stunning and beautiful walkout rambler on private and scenic treed lot. The curb appeal is second to none as it sits on a 1.7 acre wooded lot at the end of a cul de sac with eye-catching landscaping. This new home has striking finishes and attention to detail throughout. The main level is open and spacious with handsome woodwork and amenities. The spotted gum Brazilian hardwood floors and alder cabinetry are both elegant and impressive. The large gourmet kitchen is sure to excite the chef in the household! From the granite countertops to the premium stainless steel appliances and walk-in pantry, creating culinary treasures will be effortless! The great room features large windows allowing for priceless wooded views and ample natural light. There are wonderful built-ins throughout the home, two charming gas burning fireplaces, high ceilings, and additional features you’ll appreciate. A sunlit hearth room acts as a perfect sunroom off the kitchen and accesses the large deck with plenty of space to enjoy barbeques with friends. There is a main level den, as well as spectacular mudroom and laundry area. There are built-in lockers, cabinets, desk and more creating a perfect hobby/craft or study area. The large master suite has upgraded lighting, wonderful wooded views, a remarkable walk-in closet and full ceramic bath to pamper yourself in. Enjoy the double granite vanity, whirlpool bath, walk-in shower, heated floor and private television! A charming powder room and 4 car heated garage complete the main level. The walkout lower level boasts a perfect set up for entertaining family and friends. It also has in-floor heat for year-round comfort. There is a wonderful media area in the family room with large screen television, as well as space for billiards or other games. The full wet bar has granite countertops, full size refrigerator, dishwasher and microwave. The highlight of all is sure to be the theatre room complete with all the electronic components and comfortable leather seats. Outside the walkout doors there is a wonderful patio area and large landscaped yard leading to a perfect firepit area with seating. Three large bedrooms and two additional baths complete this level. Located in desirable location with easy access to parks, schools, shopping, dining and more, this home is sure to Wow you!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 18, 2009, 10:58am PDT

Fantastic Kyle Hunt Property For Sale

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 18:48:58 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

2577 N Saunders Lake Dr, Minnetrista, MN

Extraordinary Kyle Hunt custom home!

4BR/3.5BA Single Family House

offered at $645,900

Year Built	2006
Sq Footage	3,840
Bedrooms	4
Bathrooms	3 full, 1 partial
Floors	2
Parking	3 Car garage
Lot Size	.38 acres
HOA/Maint	$0 per month

DESCRIPTION

This extraordinary Kyle Hunt custom home has many of the first-class finishes they’ve become known for. The architectural design and level of finishing this home has rivals homes twice the price. Offering a floor plan designed with the perfect use of space, this 3800+ finished square foot home is perfect for both entertaining and everyday living. Some of the great features this home offers are solid granite countertops, a gourmet kitchen with premium appliances, alder cabinets, custom built-ins and an extra large and luxurious master suite. The lower level is absolutely stunning with a full bar and theatre/media area you’re sure to enjoy. This property sits on .38 acres with mature trees and a private back yard. Its location is perfect for anyone wanting to enjoy all the benefits the Lake Minnetonka area offers. A boat launch, swimming beach and extensive trail system are all close by and just some of the amenities that make this sought after neighborhood special.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Family room	- Living room	- Office/Den
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Washer
- Dryer	- Laundry area - inside	- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 18, 2009, 10:58am PDT

Fantastic One Level + Walkout Basement Twinhome in Chanhassen

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 18:23:30 -0500

New Eden Prairie Listing Marketed by Joe and Cindy Team at Re/max

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 18:11:18 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

6559 Taiga Cir, Eden Prairie, MN

Wonderful Two-Story, Immaculately Kept!

5BR/3.5BA Single Family House

offered at $449,900

Year Built	1987
Sq Footage	3,491
Bedrooms	5
Bathrooms	3 full, 1 partial
Floors	2
Parking	2 Car garage
Lot Size	.39 acres
HOA/Maint	$0 per month

DESCRIPTION

Wonderful Two Story, immaculately kept! Quiet cul-de-sac with private wooded backyard. Large and spacious rooms, walkout lower level, five bedrooms including four on one level, private master, 2 fireplaces including beautiful seashell fireplace, large deck and so much more!!

see additional photos below

PROPERTY FEATURES

- Fireplace	- High/Vaulted ceiling	- Hardwood floor
- Family room	- Living room	- Bonus/Rec room
- Office/Den	- Dining room	- Breakfast nook
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 5, 2009, 8:51am PDT

Wine and Cheese Open House!

Joe and Cindy Welu (ReMax Action West) — Tue, 06 Oct 2009 14:49:46 -0500

Visit this fantastic Bearpath Twinhome overlooking the 2nd Fairway this Thursday, October 8th from 4-6 pm. We'll have Wine, Cheese and Appetizers. There are about a dozen homes that will be open in this prestigous golf course community for you, your clients and friends to walk through and give feedback and opinions on. We look forward to seeing you there! 17884 Bearpath Trail, Eden Prairie, MN 55347

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

17884 Bearpath Trail, Eden Prairie, MN

Demand Bearpath Golf Community!

3BR/2.5BA Townhouse

offered at $650,000

Year Built	1995
Sq Footage	3,111
Bedrooms	3
Bathrooms	2 full, 1 partial
Floors	Unspecified
Parking	3 Car garage
Lot Size	Unspecified
HOA/Maint	$499 per month

DESCRIPTION

This stunning Fairway Villa built by Ron Clark Construction is just what you have been looking for! In a wonderful gated community, this fantastic one level living offers maple woodwork, a gourmet kitchen with an array of premium appliances, and spectacular views of the second fairway! With both formal and informal dining options, gas fireplaces in both the great room and lower level family room – your entertaining options are endless! The oversized master suite features a private spa-like bath with separate soaking tub and shower…you will never want to leave! This unique home offers a total maintenance free lifestyle plus one of the world’s premier golf courses! Jack Nicholas has created a picturesque and challenging golf course of the highest quality. It is his influence and his passion for excellence that has greatly influenced and inspired the development of Bearpath Golf and Country Club. Each component of this remarkable club has been meticulously designed and programmed to uphold the tradition of quality set by Jack Nicklaus and the clubs that carry the signature of golf's greatest player.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Bonus/Rec room	- Office/Den	- Dining room
- Breakfast nook	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Laundry area - inside
- Swimming pool

COMMUNITY FEATURES

- Guest parking	- Clubhouse	- Fitness center
- Swimming pool(s)	- Sauna/Spa	- Tennis court(s)
- Golf course	- Gated property	- Secured entry

OTHER SPECIAL FEATURES

- Premium appliances

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 6, 2009, 11:41am PDT

Mortgage Delinquencies - The Coming Storm

Joe and Cindy Welu (ReMax Action West) — Thu, 01 Oct 2009 09:02:43 -0500

This blog report was initially put out by Jeff Geoghan of Coldwell Banker in Lancaster, PA. We feel the information in it is very valuable for all real estate agents to review and talk about as the delinquencies rise so we all know how to assist our clients.

Via Jeff Geoghan MBA - Lancaster PA Real Estate Expert (The Jeff Geoghan Realty Group, Coldwell Banker Lancaster PA):

This is one of those posts where I wish I didn't have to write it, but felt it was so important to my readers that I would be remiss not to at least talk about it.

Everyone out there probably knows somebody who is behind on their mortgage payments, looking for alternatives and likely also just finding out that their home's value has dipped below what their loan amount is. I know some within my own personal circles. It's a tough situation for me to advise them as a professional because it's such a personal challenge to their pride and self-worth, not to mention their plans an dreams for the family. The question we're asking is "when is this going to stop and where are we heading?"

I'm going to put up a few graphs that show the trends nationally with regards to mortgage delinquincies:

This chart is by quarter - Single-family mortgages set a new record delinquency rate in the second quarter of 2009, according to a quarterly survey by the Mortgage Bankers Association. Those of us in the real estate business see the foreclosure process (just visit the local Sheriff Sale docket to see the current numbers) but the looming delinqency-to-foreclosure issue is far, far larger.

The Wall Street Journal on 8/3/09 reported the following quote: “While subprime mortgages sparked the first round of housing problems two years ago, now "troubles are lurking further up the food chain," says Joshua Shapiro, chief U.S. economist at MFR Inc. White-collar job losses have accelerated while more adjustable-rate loans to prime borrowers are resetting to higher payments. ‘You put all that together, it leads me to believe that the next leg down on home prices is going to come from the top,’ he says.”

The first objection someone may have would be to say "yes, but historically those who are delinqent usually get their act together and come current on the mortgage after a while". That WAS true, but not anymore! We call that the "Cure Rate", that is the rate of delinquencies that go back to current. The Wall Street Journal reported on 8/24/09 about a Fitch analysis that found that the Cure Rate from 2000-2006 was 45% (which means about half of people fix their delinquency). However, as of July 2009 the rate had dropped to just 6.6%! That means that over 90% of delinquent customers are going to foreclosure. Take a look again at the above chart...

The next thing someone will say is "well, that's the 'sand states' and not my area". Here's the chart for all 50 states showing the same breakdown of delinquencies and foreclosures. Guess what - most states have a significant problem, especially compared to historical figures.

Now the next thing someone may say is "aren't those loans going to get 'fixed' by a loan modification?" I know several people right now who are applying for a Lancaster County loan modification but are waiting and waiting. I hope it works out for them...

In reality, loan modifications are hardly making a dent. To me, that's a burning question. Why arent banks being more aggressive in giving customers the option to extend their loan and/or reset to a lower rate? Why are they being SO difficult? The people I know don't want to be foreclosed. They CAN make payments. They just need the terms redrawn to allow them to catch & keep up. Loan modifications are not helping us get this crisis under control.

What are the causes of all these delinquencies? Here's a chart that is enlightening:

We hear a lot about adjustable rate mortgages being the culprit, but the reality is that it's the loss of jobs and the tanking real estate market that's the perfect storm. See my previous post on unemployment in the nation, the state and Lancaster County.

Keep in mind, this post is not intended to give us "good news". You may be experiencing good things in your market and that's great. My intent is to get us thinking about the challenges that aren't going away and how we're going to address them as homeowners, agents and professionals. I'd love to hear your ideas!

Golf Anyone! Fantastic Bearpath Twinhome overlooking 2nd Fairway!

Joe and Cindy Welu (ReMax Action West) — Fri, 07 Aug 2009 12:57:47 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

17884 Bearpath Trail, Eden Prairie, MN

Demand Bearpath Golf Community!

3BR/2.5BA Townhouse

offered at $650,000

Year Built	1995
Sq Footage	3,111
Bedrooms	3
Bathrooms	2 full, 1 partial
Floors	Unspecified
Parking	3 Car garage
Lot Size	Unspecified
HOA/Maint	$562 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Bonus/Rec room	- Office/Den	- Dining room
- Breakfast nook	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Laundry area - inside
- Swimming pool

COMMUNITY FEATURES

- Guest parking	- Clubhouse	- Fitness center
- Swimming pool(s)	- Sauna/Spa	- Tennis court(s)
- Golf course	- Gated property	- Secured entry

OTHER SPECIAL FEATURES

- Premium appliances

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 7, 2009, 7:29am PDT

Olympic Hills Custom Home offered by Joe and Cindy Team at Re/max

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 23:14:52 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

11473 Mount Curve Rd, Eden Prairie, MN

Stunning Custom Built Beaty by Lecy!!

4BR/3.5BA Single Family House

offered at $799,900

Year Built	1985
Sq Footage	4,568
Bedrooms	4
Bathrooms	3 full, 1 partial
Floors	2
Parking	3 Car garage
Lot Size	.45 acres
HOA/Maint	$0 per month

DESCRIPTION

Welcome to this one of a kind custom home built by award winning Lecy Builders & architecturally inspired by the workings of Frank Lloyd Wright overlooking the 14th fairway of the prestigious Olympic Hills Golf Course. The beautifully landscaped lot rivals show gardens for area landscape artists with its array of lush gardens and plantings. Be impressed by the grand and distinctive floor plan. Unique finishes give this home its distinguished character. The main level boasts a floor plan perfect for entertaining & everyday living. The front atrium has an impressive solid granite fountain with waterfall bringing the peaceful sounds that accompany it to the home. There is a floor to ceiling stone three sided fireplace and towering ceilings that join everything together. The remodeled kitchen has granite & stainless steel appliances. A peaceful and scenic screened porch, family room, elegant powder room, large mudroom, heated 3 car garage & large deck w/ catwalk on this level. The upstairs boasts a huge vaulted master suite complete w/ fireplace & private balcony w/ breathtaking views. The full ceramic bath has jetted bath, separate shower, double vanity & water closet w/ commode & bidet .A second bedroom & full bath, as well as terrific loft area round out this level. The walkout lower level has a large recreation room w/ fireplace, as well as two large bedrooms, ¾ bath, sauna, wine cellar & large hobby room/future theatre room. This contemporary masterpiece is sure to impress you!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Tile floor
- Family room	- Living room	- Bonus/Rec room
- Office/Den	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Stainless steel appliances	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

COMMUNITY FEATURES

- Clubhouse

- Golf course

ADDITIONAL PHOTOS

Unique, custom home.	Lavish kitchen.
Spectacular aerial view.	Serene porch.
Comfy family room.	Walk-out living room.

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 18, 2009, 7:32am PDT

Stunning Stinson Streeter Beauty offered by Joe and Cindy Team at Re/Max

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 23:13:05 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

7528 Erie Ave, Chanhassen, MN

Stunning custom walkout rambler!!

4BR/4BA Single Family House

offered at $1,245,000

Year Built	2000
Sq Footage	4,272
Bedrooms	4
Bathrooms	4 full, 0 partial
Floors	Unspecified
Parking	Unspecified
Lot Size	1.47 acres
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Office/Den	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Stainless steel appliances	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

ADDITIONAL PHOTOS

Exquisite Rambler	Fantastic floor plan!
Spacious kitchen.	Cozy, beautiful room.
Executive custom walkout	Beautifully landscaped

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:57pm PDT

Fabulous Lake Living in Waconia!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 23:07:23 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

9155 Hidden Bay Lane, Waconia, MN

Stunning home with lake frontage and spectacular views of Reitz Lake

4BR/2.5BA Single Family House

offered at $929,900

Year Built	1995
Sq Footage	4,150
Bedrooms	4
Bathrooms	2 full, 2 partial
Floors	2
Parking	Unspecified
Lot Size	108,028 sqft
HOA/Maint	$0 per month

DESCRIPTION

Enjoy this impeccable and stunning home with 212’of lake frontage & spectacular views of Reitz Lake. This striking brick two-story and eye-catching landscaping are sure to capture your attention.A soaring foyer greets you and your guests.There is beautiful Cherry Woodwork adorning the home giving it a warm and attractive touch. The foyer and kitchen have ceramic tile floors. The gourmet kitchen has granite countertops & stainless steel appliances. The informal dining area is surrounded by walls of windows overlooking the lake! There is convenient butler’s pantry that makes entertaining trouble-free. The main level family room has a corner gas fireplace & American Cherry Hardwood & millwork.Sure to be a favorite room is the spectacular sunroom.This room boasts gorgeous views of the lake, a vaulted ceiling, knotty hardwood floors & fieldstone fireplace.There is a main level office.The deck has character with unique angles allowing an array of viewpoints. A wonderful master bedroom with tray-vault ceiling, walk-in closet & full private ceramic master bath will pamper you.The W/O lower level will make an impression with wetbar & amusement area w/ built-in’s and large screen television area. The focal point is an attractive stone fireplace. There are many built-ins and attractive millwork, as well as great spaces for both entertaining and everyday living. Sitting on 2.5 Acres of lush landscaping, spectacular views and private enjoyment, this estate is a perfect “10”.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Fireplace	- Hardwood floor
- Family room	- Bonus/Rec room	- Office/Den
- Dining room	- Refrigerator	- Microwave
- Washer	- Dryer

ADDITIONAL PHOTOS

Beautiful two-story home	Gourmet Kitchen
Formal Dining Room	Main Level Living room
Fantastic Sunroom	Lower level family room

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:58pm PDT

Beautiful Eden Prairie 2-Story with 4 Car garage on Cul de Sac!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 23:05:40 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

14437 Westridge, Eden Prairie, MN

Spectacular Custom Home in Heart Of Eden Prairie!!

6BR/6BA Single Family House

offered at $849,500

Year Built	2005
Sq Footage	5,318
Bedrooms	6
Bathrooms	6 full, 0 partial
Floors	2
Parking	Unspecified
Lot Size	.4 acres
HOA/Maint	$0 per month

DESCRIPTION

Located in the heart of Eden Prairie, this stunning home offers upgrades galore! The fantastic kitchen offers stainless steel appliances, gorgeous alder woodwork, premium cook top oven, pull-out drawers, walk-in pantry, Kohler fixtures and so much more! Every detail meticulously thought of when building the custom home. All Bedrooms feature walk-in closets with upgraded shelving and intercom system. Both Master Bedrooms have heated floors and full ceramic private baths with walk-in showers. The Cumaru wood floors, built-ins and 2 stone fireplaces truly make this home shine. The lower level features a full wet bar including dishwasher, microwave and full-size refrigerator!(Speakers are located in the main floor Master and Master Bath, Dining Room, upper and lower level decks, wet bar, gaming area and main floor living room.) The extensive lower level is perfect for entertaining and everyday living! Enjoy the enclosed screen porch with hot tub. The large deck has a natural gas hook-up for your grill. Don’t forget about the 4-car heated and fully insulated garage… This home has it all, a must see! Plan your showing today!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Fireplace	- Walk-in closet
- Hardwood floor	- Tile floor	- Family room
- Living room	- Bonus/Rec room	- Office/Den
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio

OTHER SPECIAL FEATURES

- Heated flooring, intercom system and hot tub

ADDITIONAL PHOTOS

Stunning Two-Story	Amazing alder woodwork
Main Floor Living Room	Wet Bar
Lower Level Family Room	Hot Tub

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:58pm PDT

Grand Executive Home on almost three Acres in heart of Chanhassen!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 23:03:38 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

2101 Timberwood Dr, Chanhassen, MN

Exquisite Masterpiece Nestled on Close to 3 Acres!!

5BR/5.5BA Single Family House

offered at $1,199,000

Year Built	1991
Sq Footage	6,360
Bedrooms	5
Bathrooms	5 full, 1 partial
Floors	2
Parking	4 Car garage
Lot Size	3 sqft
HOA/Maint	$0 per month

DESCRIPTION

This grand and fully remodeled home sits on close to 3 acres - framed with mature trees it offers the perfect outdoor experience. The custom concrete driveway complete with a high end water feature gives the full effect of an estate like setting. Exquisite landscaping, along with stone and stucco exterior, make this properties curb appeal stately, elegant and inviting. The main level is adorned with Brazilian cherry hardwood floors and beautiful millwork that includes crown molding with soft indirect lighting. Stunning archways separate the living areas and add a charismatic charm to the home. Rich tones, large custom windows, beautiful natural woods and mill work remain the theme throughout this home. The two-story foyer greets you with a dramatic staircase and stunning chandelier leading to generous living spaces throughout. The gourmet kitchen is luxurious and filled with first class features. Granite surfaces and custom cabinetry along with high end appliances make this kitchen perfect for the chef in the family. The master suite is one of the most exceptional you will find. Large living spaces, a separate sitting area, his and her closets, walk in shower, dual vanities and a private balcony complete this luxurious space. Large bedrooms an over sized 4 car garage, custom fireplaces, integrated media areas and thoughtful design through out make this home a gem.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- Walk-in closet	- Hardwood floor	- Tile floor
- Family room	- Living room	- Bonus/Rec room
- Office/Den	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Washer	- Dryer
- Laundry area - inside	- Balcony, Deck, or Patio	- Yard
- Jacuzzi/Whirlpool

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Jul 24, 2009, 1:45pm PDT

Executive Walkout Rambler overlooking Lake Hazeltine and Hazeltine Golf Course!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 23:01:21 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

4 Birdie Ln, Chaska, MN

Executive Home Next to Hazeltine National Golf Club

3BR/2.5BA Single Family House

offered at $1,095,000

Year Built	1995
Sq Footage	4,528
Bedrooms	3
Bathrooms	2 full, 2 partial
Floors	1
Parking	3 Car garage
Lot Size	.65 acres
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Office/Den	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Stainless steel appliances	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Jacuzzi/Whirlpool

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Jul 27, 2009, 9:45am PDT

Wonderful Executive Minnetonka Home offered at $799,900

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 22:53:50 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

11200 Overlook Drive, Minnetonka, MN

Amazing Custom Built Walkout

5BR/2.5BA Single Family House

offered at $799,900

Year Built	2000
Sq Footage	4,184
Bedrooms	5
Bathrooms	2 full, 2 partial
Floors	Unspecified
Parking	Unspecified
Lot Size	.6 acres
HOA/Maint	$0 per month

DESCRIPTION

What an exquisite Home nestled on a private Cul-De-Sac custom built by Bruce Bren! This fantastic one ½ story Home starts off with an amazing Great Room featuring 16’ ceilings and a wall of windows for natural lighting. The Gourmet Kitchen offers corian countertops, premium stainless steel appliances that are sure to wow you and a sleek center island for the chef of the house! Also in the Kitchen, is a perfectly placed breakfast nook overlooking the large backyard with access to the spacious deck. Just off the Foyer is the elegant Formal Dining Room which features a gorgeous built-in hutch, hardwood flooring and large windows leaving this room bright and cheery! The Master Suite located on the main floor presents a vaulted ceiling and private master bath highlighting a marvelous claw foot tub and separate all tile shower. To complete the main floor is the half bath and perfect Mud Room with lockers! The second level has two large Bedrooms with spacious walk-in closets, and a full bath. The lower level walks out to a nicely manicure lawn and huge backyard. The remaining Bedrooms are on the lower level followed by a supporting ¾ bath and the roomy Family Room is a perfect spot to host the big game and family gatherings! To top off the lower level is your very own wine cellar…doesn’t get much better than that! A truly sophisticated and sleek home, plan your showing today!

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Hardwood floor	- Family room	- Living room
- Dining room	- Breakfast nook	- Microwave
- Stainless steel appliances

OTHER SPECIAL FEATURES

- Private Wine Cellar

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:58pm PDT

Olympic Hills Custom Beauty with Gorgeous Setting!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 22:45:14 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

11473 Mount Curve Rd, Eden Prairie, MN

Stunning Custom Built Beaty by Lecy!!

4BR/3.5BA Single Family House

offered at $799,900

Year Built	1985
Sq Footage	4,568
Bedrooms	4
Bathrooms	3 full, 1 partial
Floors	2
Parking	3 Car garage
Lot Size	.45 acres
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Tile floor
- Family room	- Living room	- Bonus/Rec room
- Office/Den	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Stainless steel appliances	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

COMMUNITY FEATURES

- Clubhouse

- Golf course

ADDITIONAL PHOTOS

Unique, custom home.	Lavish kitchen.
Spectacular aerial view.	Serene porch.
Comfy family room.	Walk-out living room.

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 18, 2009, 7:32am PDT

Large Executive Eden Prairie home with 4 Car garage on cul de sac!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 22:41:59 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

14437 Westridge, Eden Prairie, MN

Spectacular Custom Home in Heart Of Eden Prairie!!

6BR/6BA Single Family House

offered at $849,500

Year Built	2005
Sq Footage	5,318
Bedrooms	6
Bathrooms	6 full, 0 partial
Floors	2
Parking	Unspecified
Lot Size	.4 acres
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- Fireplace	- Walk-in closet
- Hardwood floor	- Tile floor	- Family room
- Living room	- Bonus/Rec room	- Office/Den
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio

OTHER SPECIAL FEATURES

- Heated flooring, intercom system and hot tub

ADDITIONAL PHOTOS

Stunning Two-Story	Amazing alder woodwork
Main Floor Living Room	Wet Bar
Lower Level Family Room	Hot Tub

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:58pm PDT

Enjoying Lake Living this summer in Waconia!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 21:59:00 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

9155 Hidden Bay Lane, Waconia, MN

Stunning home with lake frontage and spectacular views of Reitz Lake

4BR/2.5BA Single Family House

offered at $929,900

Year Built	1995
Sq Footage	4,150
Bedrooms	4
Bathrooms	2 full, 2 partial
Floors	2
Parking	Unspecified
Lot Size	108,028 sqft
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- Fireplace	- Hardwood floor
- Family room	- Bonus/Rec room	- Office/Den
- Dining room	- Refrigerator	- Microwave
- Washer	- Dryer

ADDITIONAL PHOTOS

Beautiful two-story home	Gourmet Kitchen
Formal Dining Room	Main Level Living room
Fantastic Sunroom	Lower level family room

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:58pm PDT

Golf Anyone? Stunning Executive Rambler on Legends Golf Course!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 21:53:29 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

8765 Legends Club Dr, Prior Lake, MN

Stunning Custom Home Located In Sought After Legends Club

3BR/2.5BA Single Family House

offered at $999,900

Year Built	2002
Sq Footage	4,613
Bedrooms	3
Bathrooms	2 full, 2 partial
Floors	1
Parking	Unspecified
Lot Size	2.00 acres
HOA/Maint	$0 per month

DESCRIPTION

Absolutely stunning and beautiful executive custom home with high-quality detail throughout. This luxurious home is located in sought after Legends Club-wonderful pond & golf course views! Brazillian cherry hardwood floors, cherry millwork and tons of beautiful built-ins, crown molding throughout the home-including the closets, 3 Fireplaces, large windows with fantastic views, walkout lower level, wonderful in-ground heated pool, cul-de-sac, a wet bar built for entertaining with full walk-in wine cellar, a master retreat, heated bath floors, marble, ceramic, landscaped 2+ acre lot and more! A must see...no detail left undone.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Bonus/Rec room	- Office/Den	- Dining room
- Breakfast nook	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard	- Swimming pool	- Jacuzzi/Whirlpool

COMMUNITY FEATURES

- Garage parking

ADDITIONAL PHOTOS

Photo 1	Photo 2

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:58pm PDT

700' Lakeshore and 3.5 Private Acres on Sugar Lake!

Joe and Cindy Welu (ReMax Action West) — Wed, 05 Aug 2009 21:48:06 -0500

Joe and Cindy Welu | Re/Max Action West | 952-943-1324

12204 Hart Ave NW, Annandale, MN

Fantastic private mini-estate!

4BR/3.5BA Single Family House

offered at $1,050,000

Year Built	1991
Sq Footage	4,424
Bedrooms	4
Bathrooms	3 full, 1 partial
Floors	2
Parking	Unspecified
Lot Size	3.5 acres
HOA/Maint	$0 per month

DESCRIPTION

Endless possibilities await you with this private, captivating and extraordinary three and a half acre estate property. This home is perfectly situated with breathtaking views of park-like grounds and 1050 acre Sugar Lake. An enticing gated entrance leads the way to this amazing two story home. The lakeside peninsula offers 700 feet of shoreline on one of the most desirable lakes in the area. The grounds are immaculate and fully landscaped with gardens, two fountains and a 20 zone sprinkler system. This home combines superb architectural design with top quality custom materials. The massive two story great room offers spectacular views with a 30 foot high Micra quartz stone fireplace, knotty pine ceilings and sliding glass doors that lead to your wrap around redwood deck. Marble floors and granite counter tops adorn the kitchen along with a triple bay window overlooking the lake. An all glass solarium/sunroom offers additional tranquil space complete with gas fireplace to curl up and enjoy the views. The upper level will continue to amaze you with spectacular views of the lake, sky and tree tops from your master suite loft. The master bath with spa like qualities offers dual vanity sinks, full ceramic tiled shower and huge whirlpool spa. Two supporting bedrooms along with another full bath complete the upper level. The amusement/game room was thoughtfully planned with two tone redwood, stain glass windows, wet bar and gas fireplace. With dimensions of 29x25, there is room for everything! There is an array of extra features associated with this fine home including a 56x26 heated garage with doors on each end and windows on both sides. This would be perfect for displaying your vintage car collection. In addition, there is another 44x24 garage space for a total of 11 indoor parking spaces. You will certainly enjoy the gazebo by the lake or take time for a game of volleyball with your own sand court. This idyllic setting is on one of the most sought after lakes in the west metro with two docking areas for your water craft. Imagine the terrific fishing right in front of your own bay…Muskie, Bass, Walleye, Northern, plus more! Don’t miss out on this fantastic opportunity and call today to own your private gated estate less than an hour from the Twin Cities!

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Family room
- Living room	- Bonus/Rec room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop	- Washer	- Dryer
- Laundry area - inside	- Balcony, Deck, or Patio	- Yard

OTHER SPECIAL FEATURES

- 11 car garage

ADDITIONAL PHOTOS

Photo 1	Photo 1
Photo 2	Photo 3
Photo 4	Photo 5

Contact info:

Joe and Cindy Welu

Re/Max Action West

952-943-1324

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 4, 2009, 12:57pm PDT