$900,000
SOLD JUN 11, 2025

1851 Lake Lucy Ln Excelsior, MN 55331

5 Beds
2.5 Baths
2,933 Sq Ft
7.82 Acres

Recently Sold

$307 Per Sq Ft

Highlights

  • Multiple Garages
  • 340,639 Sq Ft lot
  • No HOA
  • Excelsior Elementary School Rated A
  • 2 Fireplaces
  • 5 Car Attached Garage

About This Home

As of June 2025

Sold before print

Last Agent to Sell the Property

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 03/10/2025

Coldwell Banker Realty

Last Buyer's Agent

Julie Trones

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,036

Year Built

  • Built in 1989

Lot Details

  • 7.82 Acre Lot

Parking

  • 5 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener

Home Design

  • Wood Foundation

Interior Spaces

  • 2,933 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Lake Lucy Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 254070130

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,036

Year Built

Built in 1989

Lot Details

0

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 5
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 2933
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Wood
  • Living Area: 2933
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • ConstructionMaterialsDesc: Timber/Post & Beam

Garage/Parking

  • Parking Features: Attached Garage, Detached, Garage Door Opener, Multiple Garages
  • Garage Square Feet: 480

Utilities

  • Heating: Other
  • Sewer: Septic System Compliant - Yes
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 340639.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 254070130
  • Tax Annual Amount: 8036
  • TaxWithAssessments: 8036.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Jun 11, 2025
Sold by
Preus Christian P and Preus Elizabeth P
Bought by
Gardeen Daniel John and Gardeen Samantha
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Julie Trones
RE/MAX Results
List Price
$900,000
Sold Price
$900,000
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.14%
Original Mortgage
$855,000
Outstanding Balance
$854,264
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$37,398

Purchase Details

Closed on
Jun 28, 1996
Sold by
Gavin Kathy A
Bought by
Preus Christian P and Preus Elizabeth P
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $900,000 Watermark Title
Warranty Deed $319,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $855,000 New Conventional
Previous Owner $125,000 Construction
Previous Owner $384,000 New Conventional
Previous Owner $382,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $347,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $900,000 0.0% $307 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $900,000 -- $307 / 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 $8,264 $798,600 $409,500 $389,100
2024 $8,036 $732,000 $350,000 $382,000
2023 $8,024 $732,300 $350,000 $382,300
2022 $7,324 $734,900 $360,000 $374,900
2021 $7,000 $584,200 $284,100 $300,100
2020 $7,138 $584,300 $284,100 $300,200
2019 $6,806 $553,500 $270,600 $282,900
2018 $6,712 $553,500 $270,600 $282,900
2017 $7,186 $542,900 $270,600 $272,300
2016 $7,264 $571,400 $0 $0
2015 $6,854 $548,000 $0 $0
2014 $6,854 $514,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6645784

NorthstarMLS

APN: 25.4070130