NOT LISTED FOR SALE

1500 Knob Hill Ln Excelsior, MN 55331

Estimated Value: $971,000 - $1,086,000

5 Beds
3.5 Baths
4,172 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $920,000 $221 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,144/month

13 Days on Market

Highlights

  • Family Room with Fireplace
  • Hearth Room
  • Double Oven
  • Excelsior Elementary School Rated A
  • No HOA
  • Stainless Steel Appliances

About This Home

As of June 2023

A charming, custom home set on a .5-acre lot lined with mature trees on a quiet cul-de-sac street. Just a quick walk or bike ride to Excelsior to enjoy beaches, parks, trails and all that downtown Excelsior has to offer. The sun-drenched floor plan works perfectly for today’s lifestyle with an open kitchen/family room concept, a main floor office and laundry, a formal dining room, and an additional pocket office. Enjoy four spacious bedrooms on the upper level with an updated owner’s suite. The lower level offers a fifth bedroom, a family/hearth room and storage space that your friends will envy. Set against a backdrop of mature trees, the large flat back yard is ideal for play, pool or firepit. Recent upgrades include a new roof and HVAC equipment. Minnetonka Schools; Excelsior Elementary School, and Minnetonka Middle School West.

Last Agent to Sell the Property

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 04/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Lane Larson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,568

Year Built

  • Built in 2001

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 118 x 141 x 96 x 15
  • Property has an invisible fence for dogs

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Insulated Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Hearth Room
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Additional Features

  • Air Exchanger
  • Patio

Community Details

  • No Home Owners Association
  • Knob Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 253940020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,568

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water - In Street
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2906
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Satellite
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Raised, Storage Space, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Brick, Circulating, Family Room, Gas, Living Room
  • Living Area: 4172
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1266
  • Basement YN: Yes
  • Dining Room Type: Great Room, Kitchen, Dining Room, Informal Dining Room, Mud Room, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Hearth Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Invisible
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Insulated Garage, Storage
  • Garage Square Feet: 704

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Satelite Dish,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 118 x 141 x 96 x 15
  • Lot Size Sq Ft: 15681.6
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 253940020
  • Tax Annual Amount: 6568
  • TaxWithAssessments: 6568.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jun 6, 2023
Sold by
Kevin J Weber Revocable Trust
Bought by
Banta Michael Ryan and Bantz Ashley Ann
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Lane Larson
RE/MAX Results
List Price
$949,000
Sold Price
$920,000
Premium/Discount to List
-$29,000
-3.06%
Views
26
Current Estimated Value
$1,005,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,564
Avg. Annual Appreciation
3.84%
Original Mortgage
$736,000
Outstanding Balance
$716,319
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$289,245

Purchase Details

Closed on
Jan 18, 2022
Sold by
Weber Michelle J and Weber Kevin J
Bought by
Kevin J Weber Revocable Trust and Weber

Purchase Details

Closed on
Dec 20, 2001
Sold by
Knoblauch Builders L L C
Bought by
Weber Kevin J and Weber Michelle J
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Banta Michael Ryan $920,000 Watermark Title
Kevin J Weber Revocable Trust $3,000 Name Insert
Weber Kevin J $405,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banta Michael Ryan $736,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $920,000 -3.1% $221 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $949,000 -- $227 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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
2025 $9,940 $899,900 $283,500 $616,400
2024 $6,764 $871,000 $210,000 $661,000
2023 $6,624 $631,200 $195,000 $436,200
2022 $6,568 $622,200 $186,000 $436,200
2021 $6,442 $546,000 $148,200 $397,800
2020 $6,566 $546,000 $148,200 $397,800
2019 $6,238 $515,400 $141,200 $374,200
2018 $6,246 $515,400 $141,200 $374,200
2017 $6,148 $512,500 $141,200 $371,300
2016 $6,258 $503,100 $0 $0
2015 $6,152 $503,100 $0 $0
2014 $6,152 $463,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6338800

NorthstarMLS

APN: 25.3940020