NOT LISTED FOR SALE

27635 Virginia Cove Excelsior, MN 55331

Estimated Value: $1,356,000 - $2,527,000

2.46 Acres
$889,414 Price per Acre
107,158 Sq Ft Lot

Last Sold November 08, 2013

Last sale price $480,000

Est. 356% increase in value since last sale

Current estimated payment $13,727/month

742 Days on Market

Highlights

  • 2.46 Acre Lot
  • Agricultural
  • Many Trees
  • Minnewashta Elementary School Rated A

About This Lot

As of November 2013

Phenomenal private wooded north woods setting overlooking Lake Virginia. Minnetonka schools. Seller paid $800,000 for this site in 2008! Nicest lot on Virginia Cove.

Last Agent to Sell the Property

John Adams

Coldwell Banker Burnet Listed on: 10/10/2011

Last Buyer's Agent

Sandra Haanstad

Rich's Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,526

Lot Details

  • 2.46 Acre Lot
  • Irregular Lot
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3111723430015

Property Details

Property Type

Land

Est. Annual Taxes

$25,526

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 3111723430015
  • Projected Closed Date: 11/08/2013
  • Street Designation: Cove
  • Taxes With Assessments: 5482
  • Estimated Number of Acres: 2.46
  • Additional Information: Survey Stakes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 104.9
  • Waterfront Name: Virginia

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Storm Sewer, Telephone

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: Irregular Lot, Tree Coverage - Heavy, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2011
Closed on
Nov 1, 2013
Sold by
Klein Matthew C and Klein Nicole A
Bought by
Geoffrey Bilcer & Karl Haanstad Trust
Seller's Agent
John Adams
Coldwell Banker Burnet
Buyer's Agent
Sandra Haanstad
Rich's Realty, Inc.
List Price
$575,000
Sold Price
$480,000
Premium/Discount to List
-$95,000
-16.52%
Current Estimated Value
$2,187,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,707,958
Avg. Annual Appreciation
13.60%

Purchase Details

Closed on
Apr 11, 2008
Sold by
Hendel Construction Llc
Bought by
Klein Matthew C and Klein Nicole A
Source: Public Records

Range of Values:

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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
Geoffrey Bilcer & Karl Haanstad Trust $480,000 Stewart Title Of Minnesota
Klein Matthew C $800,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2013 11/08/13 Sold $480,000 -16.5% --
10/21/2013 10/21/13 Pending -- -- --
10/10/2011 10/10/11 For Sale $575,000 -- --
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 $25,526 $1,917,400 $367,500 $1,549,900
2023 $22,128 $1,746,900 $346,300 $1,400,600
2022 $15,990 $1,508,000 $275,000 $1,233,000
2021 $14,738 $1,136,000 $303,000 $833,000
2020 $15,454 $1,045,000 $228,000 $817,000
2019 $15,862 $1,044,000 $228,000 $816,000
2018 $17,380 $1,063,000 $246,000 $817,000
2017 $18,326 $1,198,000 $293,000 $905,000
2016 $14,465 $947,000 $405,000 $542,000
2015 $4,553 $270,000 $270,000 $0
2014 -- $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Adams

    Coldwell Banker Burnet

  • S

    Buyer's Agent in 2013

    Sandra Haanstad

    Rich's Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3494721

REALTOR® Association of Southern Minnesota

APN: 31-117-23-43-0015

Minnesota Hennepin County Excelsior 55331

27635 Virginia Cove, Excelsior, MN

This home is located at 27635 Virginia Cove, Excelsior, MN 55331 since 10 October 2011 and is currently estimated at $2,187,958. 27635 Virginia Cove is a home located in Hennepin County with nearby schools including Minnewashta 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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