NOT LISTED FOR SALE

2697 Kelly Ave Excelsior, MN 55331

Estimated Value: $1,958,000 - $2,452,000

4 Beds
3.5 Baths
2,736 Sq Ft
$813/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,995,000 $729 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,791/month

6 Days on Market

Highlights

  • 566 Feet of Waterfront
  • Deck
  • Recreation Room
  • Shirley Hills Primary School Rated A
  • Family Room with Fireplace
  • No HOA

About This Home

As of February 2024

Renovated inside & out by Wooddale Builders in 2020, this breathtaking home will not disappoint. Situated on "Grade A" Carman Bay, views of the lake are stunning year round. Step into this pristine & meticulously cared for home w/walls of glass providing sun-filled spaces. Main level features a welcoming family room w/stone surround fireplace, hardwood floors, volume ceilings & spacious renovated kitchen w/custom cabinetry, quartz countertops & tile backsplash. Retreat to the upper level featuring 2nd laundry conveniently located next to 3 generous bedrooms including primary suite w/walk-in closet and renovated spa-like full bath w/double vanity & heated floors. The WO lower level offers another gathering space w/stone surround gas fireplace, 4th bedroom/office, full bath & wet bar perfect for entertaining. Enjoy sunsets on the maintenance free deck w/2 automatic awnings. The oversized 3 car garage, new Hardie siding, new mechanicals & pristine landscaping complete this showstopper!

Last Agent to Sell the Property

Paul Dorn

RE/MAX Results Listed on: 01/30/2024

RE/MAX Results

Co-Listed By

Adam Dorn

RE/MAX Results

Last Buyer's Agent

Tara Engebretson

Fazendin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,202

Year Built

  • Built in 1998

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100x188x566x184
  • 566 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Carman Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2011723140007

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,202

Year Built

Built in 1998

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: City Water/Connected
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 2030
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Other
  • Living Area: 2736
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 706
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Recreation Room, Walk In Closet, Deck, Foyer

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • View: Lake, Panoramic, South
  • PatioPorchType: Awning(s),Composite Decking
  • Lake Acres: 14205
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 566

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage, Insulated Garage
  • Garage Square Feet: 775

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,In-Ground Sprinkler,Tile Floors,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x188x566x184
  • Lot Size Sq Ft: 22215.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2011723140007
  • Tax Annual Amount: 17202
  • TaxWithAssessments: 17202.4200

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Feb 13, 2024
Sold by
Taylor Mark and Taylor Mary
Bought by
Gigerich David and Gigerich Kelly
Seller's Agent
Paul Dorn
RE/MAX Results
Buyer's Agent
Tara Engebretson
Fazendin REALTORS
List Price
$1,995,000
Sold Price
$1,995,000
Views
38
Current Estimated Value
$2,224,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,626
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Apr 29, 2019
Sold by
Morry Gary E and Morry Patricia A
Bought by
Taylor Mark and Taylor Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2004
Sold by
Christensen Ron J and Christensen Sarah A
Bought by
Morris Garry E

Purchase Details

Closed on
Jun 14, 2002
Sold by
Martignetti Eugene A
Bought by
Christensen Ron J and Christensen Sarah A

Purchase Details

Closed on
Jul 23, 1999
Sold by
Preferred Builders Inc
Bought by
Martignetti Eugene A

Purchase Details

Closed on
Oct 6, 1998
Sold by
Birnbaum Gary and Birnbaum Bonnie S
Bought by
Citywide Development Inc
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
Gigerich David $1,995,000 --
Taylor Mark $1,475,000 Burnet Title
Morris Garry E $1,025,000 --
Christensen Ron J $850,000 --
Martignetti Eugene A $586,148 --
Citywide Development Inc $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gigerich David $1,496,250
Previous Owner Taylor Mark $250,000
Previous Owner Taylor Mary A $1,000,000
Previous Owner Taylor Mark $1,180,000
Previous Owner Morris Garry E $1,215,000
Previous Owner Morris Garry E $30,000
Previous Owner Nielsen Steven J $350,000
Previous Owner Morris Patty A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,995,000 0.0% $729 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,995,000 -- $729 / 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 $20,031 $1,948,000 $1,278,300 $669,700
2022 $16,009 $1,777,000 $1,162,000 $615,000
2021 $15,230 $1,472,000 $948,000 $524,000
2020 $12,542 $1,385,000 $920,000 $465,000
2019 $9,542 $1,087,000 $637,000 $450,000
2018 $9,535 $849,000 $507,000 $342,000
2017 $8,507 $740,000 $418,000 $322,000
2016 $8,296 $721,000 $410,000 $311,000
2015 $8,284 $706,000 $395,000 $311,000
2014 -- $696,000 $395,000 $301,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6459555

NorthstarMLS

APN: 20-117-23-14-0007