Seller's Agent in 2022
Stephanie Chan
Edina Realty, Inc.
(612) 242-4433
1 in this area
22 Total Sales
15 Gideons Point Rd Excelsior, MN 55331
Tonka Bay NeighborhoodEstimated Value: $1,973,000 - $2,166,000
5
Beds
6
Baths
6,262
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Dock Facilities
- 35,284 Sq Ft lot
- Minnewashta Elementary School Rated A
- Beach
- Fireplace in Primary Bedroom
About This Home
As of May 2022Don’t miss this bright, open, & spacious 2-story in Gideon’s Point! Association beach & boat slip on one of the most beautiful/serene bays on Lake Minnetonka. Main floor boasts a chef’s kitchen w/generously sized center island & informal eating area that opens to a vaulted family room w/fireplace & plenty of built ins. Main floor owner’s suite is a private oasis w/fireplace, lovely bathroom w/jetted tub, spa shower, separate vanities & heated floors. Upper level features large en-suite w/sitting/play area, 2 more bedrooms w/jack & jill bath. Lower level features an amusement/game room w/wet bar, flex room, & 5th bedroom. Fresh paint on main & upper floors, gleaming hardwood floors recently refinished. When you’re not on the lake, enjoy entertaining on the deck, with new deck boards, in the private backyard. Heated 4 stall garage w/room to store lake toys. Close to downtown Excelsior, shops, restaurants (walking distance of the newly opened Tequila Butcher at the Caribbean) & much more!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,505
Year Built
- Built in 1995
Lot Details
- 0.81 Acre Lot
- Lot Dimensions are 180x200
- Corner Lot
- Irregular Lot
HOA Fees
- $200 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 2-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Room
- Game Room
- Home Gym
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Window Egress
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Deeded Waterfront Access Rights
- Dock Facilities
- Shared Waterfront
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Water Filtration System
Listing and Financial Details
- Assessor Parcel Number 2811723140074
Community Details
Overview
- Association fees include beach access, dock
- Gideons Point Association, Phone Number (952) 401-5000
- Gideons Point Subdivision
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2021
Closed on
May 25, 2022
Sold by
Jin Yan and Jin Julie
Bought by
Hermanson Eric and Hermanson Carey
Seller's Agent
Stephanie Chan
Edina Realty, Inc.
Buyer's Agent
Eric Hermanson
Engel & Volkers Lake Minnetonka
List Price
$1,565,000
Sold Price
$1,565,000
Total Days on Market
245
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,388
Avg. Annual Appreciation
10.09%
Original Mortgage
$1,436,646
Outstanding Balance
$1,380,209
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$696,179
Purchase Details
Listed on
Aug 13, 2021
Closed on
May 23, 2022
Sold by
Jin Yan C and Jin Julie C
Bought by
Hermanson Eric and Hermanson Carey
Seller's Agent
Stephanie Chan
Edina Realty, Inc.
Buyer's Agent
Eric Hermanson
Engel & Volkers Lake Minnetonka
List Price
$1,565,000
Sold Price
$1,565,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,436,646
Outstanding Balance
$1,380,209
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$696,179
Purchase Details
Closed on
Nov 9, 2006
Sold by
Hinck Jeffrey J and Hinck Michelle
Bought by
Jin Yan and Jin Julie C
Purchase Details
Closed on
Jun 20, 2000
Sold by
Flynn Michael D and Flynn Lori M
Bought by
Hinck Jeffrey J
Purchase Details
Closed on
Jun 17, 1997
Sold by
Lakeshore Development Company
Bought by
Flynn Michael D and Flynn Lori M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hermanson Eric | $1,565,000 | -- | |
| Hermanson Eric | $1,565,000 | First American Title | |
| Jin Yan | $1,395,000 | -- | |
| Hinck Jeffrey J | $962,500 | -- | |
| Flynn Michael D | $645,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hermanson Eric | $1,436,646 | |
| Previous Owner | Jin Yan | $582,000 | |
| Previous Owner | Jin Yan | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2022 05/25/22 | Sold | $1,565,000 | 0.0% | $250 / Sq Ft |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | Off Market | $1,565,000 | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $1,565,000 | 0.0% | $250 / Sq Ft |
| 12/28/2021 12/28/21 | Off Market | $1,565,000 | -- | -- |
| 08/13/2021 08/13/21 | For Sale | $1,565,000 | -- | $250 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $18,747 | $1,611,400 | $574,200 | $1,037,200 |
| 2022 | $17,291 | $1,659,000 | $599,000 | $1,060,000 |
| 2021 | $17,505 | $1,342,000 | $529,000 | $813,000 |
| 2020 | $17,292 | $1,343,000 | $529,000 | $814,000 |
| 2019 | $16,589 | $1,266,000 | $451,000 | $815,000 |
| 2018 | $16,497 | $1,202,000 | $432,000 | $770,000 |
| 2017 | $15,336 | $1,106,000 | $360,000 | $746,000 |
| 2016 | $14,415 | $1,028,000 | $360,000 | $668,000 |
| 2015 | $14,446 | $1,028,000 | $360,000 | $668,000 |
| 2014 | -- | $932,000 | $315,000 | $617,000 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Chan
-
Eric Hermanson
Buyer's Agent in 2022
Eric Hermanson
Engel & Volkers Lake Minnetonka
(651) 373-4787
1 in this area
36 Total Sales
Map
Similar Home in Excelsior, MN
Source: NorthstarMLS
MLS Number: 6084020
APN: 28-117-23-14-0074
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