NOT LISTED FOR SALE

20325 Excelsior Blvd Excelsior, MN 55331

Estimated Value: $460,000 - $599,026

1.21 Acres
$463,022 Price per Acre
52,708 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $598,000 $446 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,443/month

108 Days on Market

About This Lot

As of August 2023

Site has been approved for TWO Twin-Homes/Side by Side Townhomes totaling FOUR units. Location and neighborhood support upper bracket price.Seller has decided to pursue another opportunity. He has completed much of the legwork to your benefit. MOTIVATED SELLER!

Last Agent to Sell the Property

Trent Zimmer

Keller Williams Select Realty Listed on: 01/31/2023

Keller Williams Select Realty

Co-Listed By

Karissa Zimmer

Keller Williams Select Realty

Last Buyer's Agent

Gunnar Oas

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,345

Lot Details

  • Building or Site Plan Approved

Community Details

  • No Home Owners Association
  • Auditors Sub 141 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511723340008

Property Details

Property Type

Land

Est. Annual Taxes

$3,345

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Site Plan Approved
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Easements,Perk Test,Soil Test Available,Survey

Utilities

  • Utilities: None Connected, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Gently Rolling
  • Lot Size: Unique
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2511723340008
  • Tax Annual Amount: 3345
  • TaxWithAssessments: 3345.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Aug 1, 2023
Sold by
Red Granite Construction Llc
Bought by
Excelsior Woods Llc
Seller's Agent
Trent Zimmer
Keller Williams Select Realty
Buyer's Agent
Gunnar Oas
Coldwell Banker Realty
List Price
$725,000
Sold Price
$598,000
Premium/Discount to List
-$127,000
-17.52%
Views
154
Current Estimated Value
$560,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,743
Avg. Annual Appreciation
2.92%
Original Mortgage
$250,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2021
Sold by
Sayer Matthew and Sayer Molly Ann
Bought by
Red Granite Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2019
Sold by
Koerting Kert and Koerting Delores L
Bought by
Sayer Matthew
Source: Public Records

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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
Excelsior Woods Llc $598,000 None Listed On Document
Red Granite Construction Llc $570,000 Edina Realty Title Inc
Sayer Matthew $334,848 Edina Realty Title Inc
-- $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Excelsior Woods Llc $278,000
Closed Excelsior Woods Llc $250,000
Previous Owner Red Granite Construction Llc $360,000
Closed -- $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $598,000 -12.7% $446 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $685,000 -5.5% $511 / Sq Ft
01/31/2023 01/31/23 For Sale $725,000 -- $541 / 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 $3,865 $291,500 $291,500 $0
2022 $3,345 $219,000 $219,000 $0
2021 $3,469 $221,000 $221,000 $0
2020 $2,676 $279,000 $203,000 $76,000
2019 $2,520 $212,000 $133,000 $79,000
2018 $2,465 $200,000 $133,000 $67,000
2017 $2,452 $194,000 $133,000 $61,000
2016 $2,495 $194,000 $140,000 $54,000
2015 $2,224 $176,000 $122,000 $54,000
2014 -- $163,000 $117,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6327419

NorthstarMLS

APN: 25-117-23-34-0008