NOT LISTED FOR SALE

2605 W Lafayette Rd Excelsior, MN 55331

Estimated Value: $2,127,000 - $2,966,796

4 Beds
4 Baths
3,522 Sq Ft
$675/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $1,300,000 $369 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $14,347/month

568 Days on Market

Highlights

  • Lake Front
  • 2.92 Acre Lot
  • 1-Story Property
  • Shirley Hills Primary School Rated A
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of November 2013

Open this Sunday 3-5pm. The best value around on Lake Minnetonka! Privacy. Privacy. Privacy. Woods, pond, lake, all equal an incredible building site. Possible tear down. Mid-century Modern home. Almost THREE acres! SEE VIRTUAL TOUR ABOVE! Sold "as is."

Last Agent to Sell the Property

Virginia Lord

Coldwell Banker Burnet Listed on: 03/29/2012

Last Buyer's Agent

Virginia Lord

Coldwell Banker Burnet Listed on: 03/29/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,204

Year Built

  • Built in 1950

Lot Details

  • 2.92 Acre Lot
  • Lake Front
  • Irregular Lot

Home Design

  • Wood Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Tuck Under Garage

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 2111723210007

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,204

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 2.92
  • Construction: Previously Owned
  • Foundation Size: 2516
  • Parcel Number: 2111723210007
  • Stories: 1 Story
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 29x17, On Level: Main
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 3: Family Room, 30x16, On Level: Lower
  • Room 4: Kitchen, 20x16, On Level: Main
  • Room 5: Bedroom, 19x17, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 7: 13x11, On Level: Main
  • Room 8: Bedroom, 16x12, On Level: Lower
  • Room 9: Sunroom/Solarium, 17x10, On Level: Main
  • Room 10: Other, 8x6, On Level: Main
  • Room 11: Den/Office, 13x10, On Level: Main
  • Room 12: Storage Room, 10x7, On Level: Lower
  • Room 13: 19x16, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2516
  • Below Grade Finished Sq Ft: 1006
  • Total Fin Square Footage: 3522

Exterior Features

  • LakeAcres: 14652
  • Exterior: Wood
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City, Private

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Irregular Lot

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2013
  • Tax Value: 17204

MLS Schools

  • School District: Westonka #277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2012
Closed on
Nov 26, 2013
Sold by
Blankenship Bradford L and Blankenship Deborah M
Bought by
Priem Dawn M and Priem Michael J H
Seller's Agent
Virginia Lord
Coldwell Banker Burnet
Buyer's Agent
Virginia Lord
Coldwell Banker Burnet
List Price
$1,799,000
Sold Price
$1,300,000
Premium/Discount to List
-$499,000
-27.74%
Current Estimated Value
$2,377,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,077,199
Avg. Annual Appreciation
5.13%
Original Mortgage
$850,000
Outstanding Balance
$633,054
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,744,145
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Priem Dawn M $1,300,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priem Dawn M $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2013 11/27/13 Sold $1,300,000 -27.7% $369 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
03/29/2012 03/29/12 For Sale $1,799,000 -- $511 / 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 $22,259 $2,103,100 $2,043,100 $60,000
2023 $21,430 $2,103,100 $2,043,100 $60,000
2022 $17,726 $1,846,000 $1,786,000 $60,000
2021 $17,369 $1,640,000 $1,580,000 $60,000
2020 $16,724 $1,597,000 $1,582,000 $15,000
2019 $17,063 $1,453,000 $1,438,000 $15,000
2018 $17,807 $1,470,000 $1,417,000 $53,000
2017 $16,474 $1,350,000 $1,340,000 $10,000
2016 $16,557 $1,350,000 $1,340,000 $10,000
2015 $16,932 $1,350,000 $1,340,000 $10,000
2014 -- $1,350,000 $1,340,000 $10,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    Virginia Lord

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4115434

REALTOR® Association of Southern Minnesota

APN: 21-117-23-21-0007

Minnesota Hennepin County Excelsior 55331

2605 W Lafayette Rd, Excelsior, MN

Not Listed for Sale

Detached

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