NOT LISTED FOR SALE

2851 Washta Bay Rd Excelsior, MN 55331

Estimated Value: $2,442,000 - $2,797,000

0.52 Acre
$4,889,473 Price per Acre
22,651 Sq Ft Lot

Last Sold June 26, 2012

Last sale price $367,500

Est. 592% increase in value since last sale

Current estimated payment $15,591/month

46 Days on Market

Highlights

  • Lake Front
  • Minnewashta Elementary School Rated A
  • Agricultural

About This Lot

As of June 2012

Incredible Southwest facing vistas of Lake Minnewashta from this impressive .52 acre walkout lot offering 84 feet of lakeshore. Lake Minnewashta is a fully recreational lake! Located in the Minnetonka School District. Use your builder of choice!

Last Agent to Sell the Property

Jeffrey Dewing

Coldwell Banker Burnet Listed on: 03/02/2012

Last Buyer's Agent

David Gilmore

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,654

Lot Details

  • 0.52 Acre Lot
  • Lake Front
  • Few Trees
  • Finished Lot(s)

HOA Fees

  • $3 Monthly HOA Fees

Farming

  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$24,654

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Projected Closed Date: 06/30/2012
  • Street Designation: Road
  • Taxes With Assessments: 4150
  • Estimated Number of Acres: 0.52
  • Additional Information: Survey
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 676.95
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 30

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: Tree Coverage - Light, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Dronen Blake
Bought by
Jessica L Dronen Revocable Trust and Dronen
Current Estimated Value
$2,542,526

Purchase Details

Closed on
Nov 12, 2020
Sold by
Dronen Blake and Dronen Jessica
Bought by
Dronen Jessica L and Dronen Blake R

Purchase Details

Closed on
Feb 10, 2019
Sold by
Wischmeier Shawn D and Wischmeier Kelly
Bought by
The Dronen Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,284,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2013
Sold by
Wischmeier Shawn D and Wischmeier Kelly
Bought by
Wischmeier Shawn D and Wischmeier Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,593,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2008
Sold by
U S Bank Na
Bought by
Ferguson Thomas and Ferguson Julie
Source: Public Records

Range of Values:

Collateral Analytics

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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
Jessica L Dronen Revocable Trust $3,000 None Listed On Document
Dronen Jessica L -- None Available
The Dronen Revocable Trust $1,835,000 Burnet Title
Wischmeier Shawn D -- Custom Home Bldrs Title
Wischmeier Shawn D $1,774,742 Custom Home Bldrs Title
Ferguson Thomas $351,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Dronen Revocable Trust $1,284,500
Previous Owner Wischmeier Shawn D $1,593,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2012 06/26/12 Sold $367,500 -5.7% --
04/17/2012 04/17/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $389,900 -- --
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
2025 $24,654 $2,124,300 $716,300 $1,408,000
2024 $22,956 $1,969,600 $656,300 $1,313,300
2023 $22,174 $1,880,600 $656,300 $1,224,300
2022 $22,672 $1,823,400 $635,300 $1,188,100
2021 $22,738 $1,653,200 $605,000 $1,048,200
2020 $22,814 $1,653,200 $605,000 $1,048,200
2019 $22,254 $1,552,500 $450,200 $1,102,300
2018 $32 $1,552,500 $450,200 $1,102,300
2017 $19,930 $1,434,800 $450,200 $984,600
2016 $20,412 $1,467,000 $0 $0
2015 $11,318 $1,388,400 $0 $0
2014 $11,318 $796,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeffrey Dewing

    Coldwell Banker Burnet

  • D

    Buyer's Agent in 2012

    David Gilmore

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3534416

REALTOR® Association of Southern Minnesota

APN: 25.5050300

Minnesota Carver County Excelsior 55331

2851 Washta Bay Rd, Excelsior, MN

This home is located at 2851 Washta Bay Rd, Excelsior, MN 55331 since 02 March 2012 and is currently estimated at $2,542,526. 2851 Washta Bay Rd is a home located in Carver 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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