NOT LISTED FOR SALE

19855 Cottagewood Ave Excelsior, MN 55331

Estimated Value: $3,538,000 - $4,737,000

5 Beds
3.5 Baths
4,805 Sq Ft
$874/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $4,198,500 $874 Per Sq Ft

Current estimated payment $25,656/month

14 Days on Market

Highlights

  • 64 Feet of Waterfront
  • Beach Access
  • Lake View
  • Deephaven Elementary School Rated A
  • Wine Cellar
  • Family Room with Fireplace

About This Home

As of August 2023

Beautiful lakeshore home in highly sought-after Cottagewood. Enjoy an open great room flow on the main level with easy indoor-outdoor flow ideal for entertaining. The living room offers large windows framing lake views, a fireplace flanked by built-ins and easy access to the deck which offers a staircase to the backyard. The upper level hosts 4 bedrooms including a stunning primary suite with lakeside balcony, reading nook and a spa-like full bathroom. The walkout lower level offers continued lake views from the family room with a fireplace, wet bar, wine cellar and 5th bedroom. Idyllic sweeping lawn to the lake with a lounging deck at the waters edge and a bluestone patio with built-in gas firepit to soak in all of sights and sounds of Lake Minnetonka. 64' of south-east facing lakeshore. Steps to the historic Cottagewood General Store, Sandy Beach, tennis courts, playground, and the Lake Minnetonka LRT Regional Trail. Minutes to charming downtown Excelsior.

Last Agent to Sell the Property

John Adams

Compass Listed on: 07/24/2023

Compass

Co-Listed By

John Adams

Compass

Last Buyer's Agent

Anne Shaeffer

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,904

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot
  • 64 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Home Office
  • Lake Views
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Revised Cottagewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411723130028

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,904

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 3517
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Living Room
  • Living Area: 4805
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1288
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Laundry, Office, Sitting Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Wine Cellar, Bedroom 5
  • SqFtTotal: 0.00

Beds/Baths

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

Exterior Features

  • View: Bay, East, Lake, Panoramic
  • PatioPorchType: Covered,Deck,Patio,Porch,Rear Porch
  • Lake Acres: 14205
  • Lake Bottom: Hard,Sand,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 64

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: NW 63X177X64X177
  • Lot Size Sq Ft: 11761.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2411723130028
  • Tax Annual Amount: 28904
  • TaxWithAssessments: 28904.4200

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 30, 2023
Sold by
Hoffman Valerie and Hoffman Michael
Bought by
Elizabeth Rattner Revocable Living Trust and Rattner
Seller's Agent
John Adams
Compass
Buyer's Agent
Anne Shaeffer
Lakes Sotheby's International Realty
List Price
$4,250,000
Sold Price
$4,198,500
Premium/Discount to List
-$51,500
-1.21%
Views
96
Current Estimated Value
$4,201,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,627
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Jul 1, 2002
Sold by
The Phyllis M Kenny Revocable Trust
Bought by
Hoffman Michael J and Hoffman Valerie
Source: Public Records

Range of Values:

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Average Value
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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
Elizabeth Rattner Revocable Living Trust $4,198,500 Chb Title
Hoffman Michael J $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Michael $1,025,000
Previous Owner Hoffman Michael $475,000
Previous Owner Hoffman Michael $401,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $4,198,500 -1.2% $874 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $4,250,000 -- $884 / 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
2023 $31,865 $2,633,200 $1,436,000 $1,197,200
2022 $25,102 $2,386,000 $1,368,000 $1,018,000
2021 $24,190 $1,879,000 $1,063,000 $816,000
2020 $23,463 $1,814,000 $1,013,000 $801,000
2019 $22,668 $1,696,000 $913,000 $783,000
2018 $20,459 $1,650,000 $913,000 $737,000
2017 $20,225 $1,456,000 $804,000 $652,000
2016 $19,873 $1,406,000 $784,000 $622,000
2015 $18,801 $1,320,000 $698,000 $622,000
2014 -- $1,216,000 $628,000 $588,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6379482

NorthstarMLS

APN: 24-117-23-13-0028