NOT LISTED FOR SALE

26760 Edgewood Rd Excelsior, MN 55331

Estimated Value: $3,496,094 - $4,000,000

4 Beds
4.5 Baths
4,715 Sq Ft
$797/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $3,600,000 $764 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $23,934/month

86 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Beach Access
  • Lake View
  • Minnewashta Elementary School Rated A
  • Heated In Ground Pool
  • Heated Floors

About This Home

As of December 2024

Situated on almost two acres of privacy and 110 feet of lakeshore, enjoy breathtaking views of Lake Minnetonka from every room. This custom built walk-out rambler is over 4700 finished square feet of beauty. The main level features an open floor plan with high ceilings, formal and informal dining spaces, living room, office, primary bedroom with ensuite, and sun room with access to the deck. The gourmet kitchen is a chef's dream with commercial grade appliances. A lower level remodel by Lecy Homes features a large wet bar and spacious family room with gas fireplace. The lower level also has three bedrooms, two bathrooms, and a work-out room. Walk out to the pool from the lower level family room and wet bar and enjoy sunsets from the fire pit, and suntan in the afternoons. Home has a dock and boat lift. You must see it to appreciate the picturesque views exceptional Upper Lake Minnetonka location.

Last Agent to Sell the Property

Michael Buenting

Lakes Sotheby's International Listed on: 07/12/2024

Lakes Sotheby's International

Last Buyer's Agent

Tasha Soundara

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,338

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 101x520x117x286x46x270
  • 110 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Many Trees

Parking

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

Home Design

  • Frame Construction
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Lower Floor Utility Room
  • Heated Floors
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Deck
  • Patio
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Auditors Sub 091 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2911723340005

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,338

Year Built

Built in 1994

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: Well
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 2552
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Finished, Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Water Filtration System, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Two Sided, Family Room, Gas, Living Room
  • Living Area: 4715
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2163
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Shake, Age Over 8 Years
  • PoolFeatures: Below Ground, Heated, Outdoor
  • Fencing: Partial
  • Other Structures: Boat House, Storage Shed
  • PatioPorchType: Deck, Front Porch, Patio, Rear Porch
  • Waterfront Frontage: 110

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Gas Dryer Hookup, Lower Level, Laundry Room, Washer Hookup
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Electric
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Dock, Ethernet Wired, Exercise Room, Hardwood Floors, Kitchen Center Island, Local Area Network, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Patio, Porch, Panoramic View, Skylight, In-Ground Sprinkler, Sun Room, Tile Floors, Vaulted Ceiling(s), Wet Bar

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 101x520x117x286x46x270
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Frame

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2911723340005
  • Tax Annual Amount: 46338
  • TaxWithAssessments: 46388

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Dec 10, 2024
Sold by
Terzariol Giulio and Knispel Manuela
Bought by
Ahmed Tarique and Ahmed Ann V
Seller's Agent
Michael Buenting
Lakes Sotheby's International
Buyer's Agent
Tasha Soundara
Real Broker, LLC
List Price
$4,295,000
Sold Price
$3,600,000
Premium/Discount to List
-$695,000
-16.18%
Views
33
Current Estimated Value
$3,757,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,024
Avg. Annual Appreciation
4.15%
Original Mortgage
$2,880,000
Outstanding Balance
$2,505,534
Interest Rate
6.54%
Mortgage Type
Balloon
Estimated Equity
$1,251,490

Purchase Details

Closed on
Jun 28, 2012
Sold by
Berghoff Laura L
Bought by
Terzariol Giulio and Knispel Mauela
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ahmed Tarique $3,600,000 Watermark Title
Ahmed Tarique $3,600,000 --
Terzariol Giulio $1,700,000 Title Support Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Tarique $2,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $3,600,000 -8.9% $764 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $3,950,000 -8.0% $838 / Sq Ft
07/14/2024 07/14/24 For Sale $4,295,000 -- $911 / 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
2024 $51,695 $3,801,500 $2,877,200 $924,300
2023 $46,339 $3,572,900 $2,820,900 $752,000
2022 $35,329 $3,309,000 $2,564,000 $745,000
2021 $33,895 $2,414,000 $1,759,000 $655,000
2020 $34,141 $2,301,000 $1,659,000 $642,000
2019 $34,058 $2,211,000 $1,584,000 $627,000
2018 $35,427 $2,192,000 $1,584,000 $608,000
2017 $32,937 $2,088,000 $1,535,000 $553,000
2016 $31,890 $1,989,000 $1,495,000 $494,000
2015 $29,757 $1,849,000 $1,385,000 $464,000
2014 -- $1,671,000 $1,207,000 $464,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6561428

NorthstarMLS

APN: 29-117-23-34-0005