NOT LISTED FOR SALE

241 Academy Ave Excelsior, MN 55331

Estimated Value: $641,000 - $1,842,000

4 Beds
2 Baths
1,822 Sq Ft
$612/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $237,400 $130 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $6,891/month

10 Days on Market

Highlights

  • Fireplace
  • 1 Car Attached Garage
  • 1-Story Property
  • Excelsior Elementary School Rated A
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of March 2013

Well maintained rambler in the heart of Excelsior! A great opportunity to live by the lake. 3 BR on 1 level, wood floors, wood-burning stove in cozy main level family room, large fenced-in backyard, newer furnace and roof, concrete patio for entertaining

Last Agent to Sell the Property

Jacqueline Knauf

RE/MAX Results Listed on: 02/15/2013

Last Buyer's Agent

Susan Melbye

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,451

Year Built

  • 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3411723310051

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,451

Year Built

1961

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.26
  • Construction: Previously Owned
  • Foundation Size: 1170
  • Parcel Number: 3411723310051
  • Projected Closed Date: 03/29/2013
  • Stories: 1 Story
  • Taxes With Assessments: 3021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x20, On Level: Main
  • Room 2: Dining Room, 12x9, On Level: Main
  • Room 3: Family Room, 12x18, On Level: Main
  • Room 4: Kitchen, 9x13, On Level: Main
  • Room 5: Bedroom, 10x12, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 11x10, On Level: Main
  • Room 8: Bedroom, 11x10, On Level: Lower
  • Room 9: Great Room, 11x26, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1386
  • Below Grade Finished Sq Ft: 436
  • Total Fin Square Footage: 1822

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 75x150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2016
Sold by
Yakovlev Sergei and Yakovlev Ludmila S
Bought by
Yakovlev Sergei and Sergei Yakovlev Trust
Current Estimated Value
$1,115,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$464,388
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$651,209

Purchase Details

Closed on
Oct 20, 2016
Sold by
Yakovlev Sergei
Bought by
Yakovlev Sergei and Yakovlev Ludmila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$464,388
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$651,209

Purchase Details

Closed on
Feb 27, 2014
Sold by
Yakovlev Ludmila and Yakovlev Sergei
Bought by
Yakovlev Sergei and Sergei Yakovlev Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 15, 2013
Closed on
Mar 29, 2013
Sold by
Fuggiti Romeo Fabio
Bought by
Yakovlev Sergei and Yakovlev Ludmila
Seller's Agent
Jacqueline Knauf
RE/MAX Results
Buyer's Agent
Susan Melbye
Edina Realty, Inc.
List Price
$239,900
Sold Price
$237,400
Premium/Discount to List
-$2,500
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$189,920
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2013
Closed on
Mar 19, 2013
Sold by
Fuggiti Nancy Delores
Bought by
Fuggiti Romeo Fabio
Seller's Agent
Jacqueline Knauf
RE/MAX Results
Buyer's Agent
Susan Melbye
Edina Realty, Inc.
List Price
$239,900
Sold Price
$237,400
Premium/Discount to List
-$2,500
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,920
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1996
Sold by
Zieman Carl D and Zieman Diane L
Bought by
Fuggiti Romeo Fabio and Fuggiti Nancy Delores
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
Yakovlev Sergei -- Watermark Title Agency
Yakovlev Sergei -- Watermark Title Agency
Yakovlev Sergei -- Custom Home Builders Title L
Yakovlev Sergei $230,417 Stewart Title Of Minnesota I
Fuggiti Romeo Fabio -- None Available
Fuggiti Romeo Fabio $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yakovlev Sergei $580,000
Previous Owner Yakovlev Sergei $181,500
Previous Owner Yakovlev Sergei $189,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $237,400 -1.0% $130 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $239,900 -- $132 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $11,451 $866,800 $215,000 $651,800
2023 $10,947 $853,600 $215,000 $638,600
2022 $9,821 $820,000 $212,000 $608,000
2021 $9,016 $695,000 $184,000 $511,000
2020 $8,744 $643,000 $142,000 $501,000
2019 $8,295 $627,000 $142,000 $485,000
2018 $7,711 $599,000 $142,000 $457,000
2017 $7,716 $554,000 $99,000 $455,000
2016 $7,326 $520,000 $75,000 $445,000
2015 $3,637 $267,000 $74,000 $193,000
2014 -- $216,000 $74,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jacqueline Knauf

    RE/MAX

  • S

    Buyer's Agent in 2013

    Susan Melbye

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4440556

REALTOR® Association of Southern Minnesota

APN: 34-117-23-31-0051

Minnesota Hennepin County Excelsior 55331

241 Academy Ave, Excelsior, MN

This home is located at 241 Academy Ave, Excelsior, MN 55331 since 15 February 2013 and is currently estimated at $1,115,597, approximately $612 per square foot. This property was built in 1961. 241 Academy Ave is a home located in Hennepin County with nearby schools including Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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