NOT LISTED FOR SALE

27985 Smithtown Rd Excelsior, MN 55331

Estimated Value: $1,404,000 - $1,727,000

5 Beds
4.5 Baths
4,688 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $1,350,000 $288 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,745/month

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Bonus Room
  • Minnewashta Elementary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of September 2024

This home is stunning! The gracious entry opens to a dramatic great room w/high "beamed" ceilings and custom mill work. The Chef's kitchen features built-in espresso machine, marble countertops, high end SS appliances, & large walk thru pantry. Impressive center island plus informal dining area. Plus a formal dining room.
Main floor owner's suite, spa like bath w/footed tub, dual vanities, custom tile shower & dual closets. LL boasts an entertainer's dream w/ full bar area, in-floor heat, oversized family room w/game area. Three LL bedrooms each w/their own ensuite baths and double glass doors to office! Gorgeous screen porch w/ double sided stone fireplace. Bonus room w/ 3/4 bath with a private entrance to the garage.

Last Agent to Rent the Property

Karen Schlaefer

RE/MAX Results Listed on: 07/12/2024

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,996

Year Built

  • Built in 2007

Lot Details

  • 1.26

Parking

  • 4 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Utility Room Floor Drain

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Drainage System
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Radiant Heating System
  • Water Filtration System
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Lot Dimensions are 128x358x180x353

Community Details

  • No Home Owners Association
  • Lake Virginia Woods Subdivision

Listing and Financial Details

  • Property Available on 7/15/24
  • Tenant pays for cable TV, gas, heat, water
  • The owner pays for trash collection
  • Assessor Parcel Number 3111723430010

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,996

Year Built

Built in 2007

Lot Details

0

Parking

4

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 6 Months
  • Available Date: 2024-07-15
  • Lease Price: 6000.0000
  • ApplicationFee: 150.0000
  • SecurityDeposit: 6000.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 5
  • Water Source: City Water/Connected
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 2705
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Drainage System, Finished, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Two Sided, Family Room, Gas, Living Room, Primary Bedroom, Other
  • Living Area: 4688
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1983
  • Owner Pays: Trash Collection
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Kitchen, Laundry, Informal Dining Room, Bedroom 1, Porch, Deck, Bonus Room, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Bar/Wet Bar Room
  • SqFtTotal: 5350.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architecural Shingle, Pitched
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Hot Tub
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Deck,Enclosed,Patio,Porch,Rear Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Shared Driveway, Floor Drain, Garage Door Opener, Heated Garage, Storage
  • Garage Square Feet: 1192

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor, Radiant, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Hot Tub,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Multiple Phone Lines,Natural Woodwork,Patio,Paneled Doors,Security System,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Topography: Gently Rolling,Sloped,Walkout,Wooded
  • PropertyAttachedYN: No
  • Lot Size: 128x358x180x353
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding, Wood Siding

Tax Info

  • Assessor Parcel Number: 3111723430010

Multi Family

  • TenantPays: Cable TV, Gas, Heat, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
27985 Smithtown Road Llc
Bought by
Cheng Chao-Hsien and Peng Yun-Wen
Current Estimated Value
$1,571,000

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 21, 2024
Sold by
Holtz Heath Mikal and Haley May
Bought by
27985 Smithtown Road Llc
Seller's Agent
Sue Busch
Edina Realty, Inc.
Buyer's Agent
Karen Schlaefer
RE/MAX Results
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Apr 21, 2020
Sold by
Schafer Bradley Alan and Schafer Ranee Y
Bought by
Holtz Heath Mikal and Holtz Haley May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2019
Sold by
Manufacturers And Traders Trust Company
Bought by
Schafer Bradley Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2018
Sold by
Bromme Michael A and Bromme Kristin R
Bought by
Phh Mortgage Corp

Purchase Details

Closed on
Mar 11, 2011
Sold by
Smith Ralph O
Bought by
Bromme Michael A and Bromme Kristin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2007
Sold by
Virginia Shores Development Llc
Bought by
Smith Ralph and Smith Adrienne
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
Cheng Chao-Hsien $500 Title Group
Cheng Chao-Hsien $500 Title Group
27985 Smithtown Road Llc $1,350,000 None Listed On Document
Holtz Heath Mikal $1,135,000 Executive Title Services
Schafer Bradley Alan $910,000 Burnet Title
Phh Mortgage Corp $887,525 None Available
Bromme Michael A $1,075,000 --
Smith Ralph $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holtz Heath Mikal $908,000
Previous Owner Schafer Bradley Alan $728,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $6,000 0.0% --
07/15/2024 07/15/24 For Rent $6,000 0.0% --
06/21/2024 06/21/24 Sold $1,350,000 0.0% $288 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/19/2024 04/19/24 Off Market $1,350,000 -- --
04/11/2024 04/11/24 For Sale $1,400,000 -- $299 / 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 $16,996 $1,303,300 $279,300 $1,024,000
2023 $15,508 $1,247,600 $263,200 $984,400
2022 $14,311 $1,147,000 $209,000 $938,000
2021 $13,000 $1,025,000 $230,000 $795,000
2020 $13,389 $931,000 $164,000 $767,000
2019 $14,907 $915,000 $164,000 $751,000
2018 $15,101 $871,000 $191,000 $680,000
2017 $18,224 $1,119,000 $246,000 $873,000
2016 $17,659 $1,138,000 $338,000 $800,000
2015 $15,491 $1,003,000 $203,000 $800,000
2014 -- $917,000 $225,000 $692,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6568697

NorthstarMLS

APN: 31-117-23-43-0010