NOT LISTED FOR SALE

2605 Maple Ridge Ln Excelsior, MN 55331

Estimated Value: $3,396,186 - $4,719,000

3 Beds
3.5 Baths
5,171 Sq Ft
$761/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $3,500,000 $677 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $25,218/month

97 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Multiple Garages
  • Fireplace in Primary Bedroom
  • Shirley Hills Primary School Rated A
  • 80,150 Sq Ft lot
  • Main Floor Primary Bedroom

About This Home

As of August 2023

An incredible estate on a private 2-acre property with 300' lakeshore on Lafayette Bay! Mid-century modern in feel with contemporary updates throughout. Enjoy stunning lake views through the expansive living room windows. Main floor includes spacious owner's suite with spa-like bath, plus large secondary bedroom/bathroom and designated home office space. Formal dining room along with unique built-in breakfast bar just off the kitchen. Walk-out lower level offers a large family room with wet bar and impressive wine cellar, sun room with views of the pool and lake beyond, along with the third bedroom and ensuite bath. A gracious home for entertaining inside or out. Lovely exterior spaces include an expansive upper level deck that features a glass railing system to provide unobstructed lake views. Enjoy summer days lounging poolside. 32' permanent dock. Two car garage at the house, plus 4+ detached garage.

Last Listed By

Beth Ulrich

Compass Listed on: 03/22/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,946

Year Built

  • Built in 1952

Lot Details

  • 1.84 Acre Lot
  • 300 Feet of Waterfront
  • Lake Front

Parking

  • 6 Car Attached Garage
  • Multiple Garages
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Home Gym

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Shore Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2111723210005

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,946

Year Built

Built in 1952

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 2875
  • Water Body Name: Minnetonka
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Sump Pump, Unfinished, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom, Other, Wood Burning
  • Living Area: 5171
  • Below Grade Finished Sq Ft: 2296
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Exercise Room
  • SqFtTotal: 5355.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Lake Acres: 14729
  • LakeChain: N
  • Waterfront Frontage: 300

Garage/Parking

  • Parking Features: Attached Garage, Detached, Driveway - Other Surface, Garage Door Opener, Multiple Garages, Tuckunder Garage
  • Garage Square Feet: 522

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Exercise Room,Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 80150.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2111723210005
  • Tax Annual Amount: 21946
  • TaxWithAssessments: 21945.8400

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jul 26, 2023
Sold by
Paulson Eric Howard and Paulson Karen W
Bought by
Dianna Elizabeth Zuendel 2003 Trust and Zuendel
Seller's Agent
Beth Ulrich
Compass
Buyer's Agent
Brooks Borrell
Compass
List Price
$4,100,000
Sold Price
$3,500,000
Premium/Discount to List
-$600,000
-14.63%
Total Days on Market
97
Views
191
Current Estimated Value
$3,936,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,047
Avg. Annual Appreciation
5.07%

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
Dianna Elizabeth Zuendel 2003 Trust $3,500,000 Executive Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulson Eric H $920,000
Previous Owner Paulson Eric H $705,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $3,500,000 -10.3% $677 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $3,900,000 -4.9% $754 / Sq Ft
03/27/2023 03/27/23 For Sale $4,100,000 -- $793 / 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 $39,490 $3,800,000 $2,614,500 $1,185,500
2022 $19,749 $2,268,000 $1,713,000 $555,000
2021 $19,833 $1,817,000 $1,349,000 $468,000
2020 $19,333 $1,811,000 $1,351,000 $460,000
2019 $18,831 $1,666,000 $1,228,000 $438,000
2018 $20,098 $1,613,000 $1,210,000 $403,000
2017 $19,205 $1,559,000 $1,150,000 $409,000
2016 $16,978 $1,382,000 $1,150,000 $232,000
2015 $17,334 $1,380,000 $1,150,000 $230,000
2014 -- $1,380,000 $1,150,000 $230,000
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6335102

NorthstarMLS

APN: 21-117-23-21-0005