NOT LISTED FOR SALE

21165 Forest Dr Excelsior, MN 55331

6 Beds
3 Baths
2,976 Sq Ft
0.38 Acres

Last Sold October 31, 2023

Last sale price $488,000 $164 Per Sq Ft

82 Days on Market

Highlights

  • Corner Lot
  • Deephaven Elementary School Rated A
  • Forced Air Heating System

About This Home

As of October 2023

Calling all investors!! This duplex is located on a large double lot- two apartments. The top floor has 2 bedrooms, full bath, kitchen, sun room and laundry room. It has its own furnace and electric service. It has a washer, dryer disposal and dishwasher- currently rented for 1070 on a month to month lease.
The main level unit has two floors and a total of 12 rooms- 4 bedrooms, living room, family room, sun room and a second lower level kitchenette which includes a second range and a refrigerator. Laundry area also in the lower level. It has a separate front and rear entrance, garage and a small outdoor patio. The upper kitchen has granite and hardwood flooring. It rents for 1700 per month plus utilities. Showings Monday thru Friday 10-3- prefer 24 hour showings

Last Agent to Sell the Property

Colleen Johnson

RE/MAX Advantage Plus Listed on: 07/05/2023

RE/MAX Advantage Plus

Last Buyer's Agent

Tom Fleetham

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,387

Year Built

  • Built in 1950

Lot Details

  • Corner Lot
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • 2 Units
  • Minnetonka Manor Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 2611723140045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,387

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1984
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Full
  • Living Area: 2976
  • Below Grade Finished Sq Ft: 992
  • Basement YN: Yes
  • Appliances: Dishwasher,Dryer,Range
  • FamilyRoomRoomFeatures: Family Room
  • Number Of Fireplaces: 0
  • Appliances: Dishwasher,Dryer,Range

Beds/Baths

  • Total Bedrooms: 6

Garage/Parking

  • Parking Features: Detached
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

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

Lot Info

  • Lot Size: TBD
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 7500.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2611723140045
  • Tax Annual Amount: 5387
  • TaxWithAssessments: 5387.0000

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: Three
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $488,000 0.0% $164 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/20/2023 09/20/23 Off Market $488,000 -- --
08/14/2023 08/14/23 For Sale $550,000 +12.7% $185 / Sq Ft
07/12/2023 07/12/23 Off Market $488,000 -- --
07/07/2023 07/07/23 For Sale $550,000 -- $185 / Sq Ft
Source: NorthstarMLS

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
2024 $6,146 $442,500 $202,000 $240,500
2023 $5,403 $407,500 $170,000 $237,500
2022 $5,387 $379,000 $148,000 $231,000
2021 $4,927 $356,000 $163,000 $193,000
2020 $4,100 $323,000 $142,000 $181,000
2019 $4,208 $304,000 $138,000 $166,000
2018 $3,972 $310,000 $138,000 $172,000
2017 $3,626 $264,000 $108,000 $156,000
2016 $3,663 $262,000 $115,000 $147,000
2015 $3,252 $232,000 $85,000 $147,000
2014 -- $220,000 $86,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6396685

NorthstarMLS

APN: 26-117-23-14-0045