NOT LISTED FOR SALE

205 W Point Rd Excelsior, MN 55331

Estimated Value: $2,866,000 - $3,060,000

3 Beds
3 Baths
4,640 Sq Ft
$636/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $2,622,000 $565 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,872/month

124 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Beach Access
  • Deck
  • Minnewashta Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of November 2022

Architecturally inspired Lake Minnetonka home with vaulted ceiling, custom built-ins, and open floor plan. Premier .54 acre lake lot with 120' of sandy lakeshore on Echo Bay. Spacious great room with spectacular panoramic lake views of Big Island and Excelsior Bay. Open kitchen with Corian countertops, tiled backsplash, maple cabinets, and Viking appliances. Corian center island with Thermador gas cooktop and power vent. Spacious owner's suite with lounge area, fireplace, expansive windows, access to lakeside deck, and amazing east facing lake views. Ensuite with walk-in shower, marble floor, double vanity, jetted tub with marble surround, and walk-in closet. Finished lower-level family room with 3/4 bath, wet bar, sauna, and large office. Large lakeside deck for your entertaining pleasure. Exposed aggregate sidewalk, steps to the lake, and lakeside patio. Boulder riprap shoreline. Minnetonka schools. See Matterport 3D & video. Come see the best value on the lower lake!

Last Agent to Sell the Property

Conrad Roal

Lakes Area Realty Listed on: 07/08/2022

Last Buyer's Agent

Kristen Christianson

Keller Williams Realty Integrity Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,517

Year Built

  • Built in 1989

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 120x195x120x188
  • 120 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Home Office
  • Workroom
  • Game Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Drain
  • Crawl Space
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Electronic Air Cleaner

Outdoor Features

  • Beach Access
  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Minnetonka Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2211723330012

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,517

Year Built

Built in 1989

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/Connected
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 3049
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: 46x30x27x28x12x20x12x4x34x54
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Daylight/Lookout Windows, Drain Tiled, Finished, Partial, Storage Space, Sump Pump
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Living Room, Primary Bedroom, Stone, Wood Burning
  • Living Area: 4640
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1591
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Work Room, Mud Room, Game Room, Sitting Room, Deck
  • SqFtTotal: 5256.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: East, Lake, Panoramic
  • ConstructionMaterialsDesc: Block
  • Lake Acres: 14729
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 120

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 2138
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Kitchen Center Island,Kitchen Window,Local Area Network,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Paneled Doors,Panoramic View,Sauna,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 120x195x120x188
  • Lot Size Sq Ft: 23522.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 2211723330012
  • Tax Annual Amount: 23517
  • TaxWithAssessments: 23517.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2023
Sold by
Flaherty Timothy and Flaherty Kelly
Bought by
Timothy Patrick Flaherty Revocable Trust and Kelly Patricia Flaherty Revocable Trust
Current Estimated Value
$2,949,071

Purchase Details

Listed on
Jul 8, 2022
Closed on
Nov 17, 2022
Sold by
Wingfield Jeffrey R and Wingfield Ellen M
Bought by
Flaherty Timothy and Flaherty Kelly
Seller's Agent
Conrad Roal
Lakes Area Realty
Buyer's Agent
Kristen Christianson
Keller Williams Realty Integrity Lakes
List Price
$3,095,000
Sold Price
$2,622,000
Premium/Discount to List
-$473,000
-15.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%

Purchase Details

Listed on
Jul 8, 2022
Closed on
Nov 14, 2022
Sold by
Wingfield Jeffrey and Wingfield Ellen
Bought by
Flaherty Timothy and Flaherty Kelly
Seller's Agent
Conrad Roal
Lakes Area Realty
Buyer's Agent
Kristen Christianson
Keller Williams Realty Integrity Lakes
List Price
$3,095,000
Sold Price
$2,622,000
Premium/Discount to List
-$473,000
-15.28%

Purchase Details

Closed on
Jan 27, 1997
Sold by
Arnold Jack A and Comstock Rebecca A
Bought by
Edelhertz Paul
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
Timothy Patrick Flaherty Revocable Trust $500 None Listed On Document
Flaherty Timothy $2,622,000 --
Flaherty Timothy $2,622,000 --
Edelhertz Paul $545,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $2,622,000 0.0% $565 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/04/2022 11/04/22 Off Market $2,622,000 -- --
09/27/2022 09/27/22 Price Changed $2,695,000 -6.9% $581 / Sq Ft
07/19/2022 07/19/22 Price Changed $2,895,000 -6.5% $624 / Sq Ft
07/12/2022 07/12/22 For Sale $3,095,000 +18.0% $667 / Sq Ft
07/12/2022 07/12/22 Off Market $2,622,000 -- --
07/07/2022 07/07/22 For Sale $3,095,000 -- $667 / 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 $31,023 $2,616,800 $2,109,700 $507,100
2022 $24,851 $2,448,000 $1,932,000 $516,000
2021 $23,517 $1,895,000 $1,486,000 $409,000
2020 $22,570 $1,778,000 $1,374,000 $404,000
2019 $20,703 $1,629,000 $1,238,000 $391,000
2018 $20,093 $1,481,000 $1,126,000 $355,000
2017 $18,131 $1,293,000 $935,000 $358,000
2016 $17,928 $1,259,000 $935,000 $324,000
2015 $17,977 $1,259,000 $935,000 $324,000
2014 -- $1,206,000 $893,000 $313,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6229169

NorthstarMLS

APN: 22-117-23-33-0012