3403 Kings Point Rd Excelsior, MN 55331
Estimated Value: $1,889,000 - $2,257,801
4
Beds
3.5
Baths
4,411
Sq Ft
$476/Sq Ft
Est. Value
Highlights
- 129 Feet of Waterfront
- Family Room with Fireplace
- Loft
- Shirley Hills Primary School Rated A
- Main Floor Primary Bedroom
- No HOA
About This Home
As of August 2022Imagine waking up with a perfect view of lake from your bed, then sipping your morning coffee from the deck overlooking Lake Minnetonka Halsteds Bay. Evenings are shaded and cool, perfect for relaxing after work. The owners suite is located on the main level along with kitchen, dining, living and laundry. Everything you need on the main level with 2 additional bedrooms upstairs and best of all a full guest suite in the walk out lower level with spectacular lake views. Don't miss this rare opportunity to own a preimer home on the shores of Lake Minnetonka.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,648
Year Built
- Built in 2000
Lot Details
- 0.33 Acre Lot
- 129 Feet of Waterfront
- Lake Front
Parking
- 2 Car Attached Garage
Interior Spaces
- 2-Story Property
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Loft
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Partial Basement
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Propane
- Well
Community Details
- No Home Owners Association
- Herbert T Thompson & Sons King Subdivision
Listing and Financial Details
- Assessor Parcel Number 2711724130010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
Aug 15, 2022
Sold by
Gruss Daniel
Bought by
Donato Joseph and Donato Brenda
Seller's Agent
Troy Tikalsky
Coldwell Banker Realty
Buyer's Agent
Christopher Serie
Incentive Realty
List Price
$2,200,000
Sold Price
$1,875,000
Premium/Discount to List
-$325,000
-14.77%
Total Days on Market
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,700
Avg. Annual Appreciation
4.03%
Original Mortgage
$1,500,000
Outstanding Balance
$1,441,549
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$656,151
Purchase Details
Listed on
Mar 31, 2022
Closed on
Aug 11, 2022
Sold by
Trust Agreement Of Daniel Mark Gruss
Bought by
Donato Joseph and Donato Brenda
Seller's Agent
Troy Tikalsky
Coldwell Banker Realty
Buyer's Agent
Christopher Serie
Incentive Realty
List Price
$2,200,000
Sold Price
$1,875,000
Premium/Discount to List
-$325,000
-14.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,441,549
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$656,151
Purchase Details
Closed on
Jul 22, 2021
Sold by
Gruss Daniel M and Gruss Jodi K
Bought by
Gruss Daniel M and Trust Agreement Of Daniel Mark
Purchase Details
Closed on
May 24, 2017
Sold by
Jorgensen Dale R and Jorgensen Deborah M
Bought by
Gruss Daniel M
Purchase Details
Closed on
Jan 4, 2013
Sold by
Jorgensen Dale R
Bought by
Jorgensen Dale R and Jorgensen Deborah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,896
Interest Rate
3.3%
Mortgage Type
New Conventional
Similar Homes in Excelsior, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donato Joseph | $1,875,000 | -- | |
| Donato Joseph | $1,875,000 | -- | |
| Gruss Daniel M | -- | None Available | |
| Gruss Daniel M | $1,187,500 | Burnet Title | |
| Jorgensen Dale R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donato Joseph | $1,500,000 | |
| Previous Owner | Jorgensen Dale R | $200,000 | |
| Previous Owner | Jorgensen Dale R | $403,896 | |
| Previous Owner | Jorgensen Dale R | $414,000 | |
| Previous Owner | Jorgensen Dale R | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2022 08/15/22 | Sold | $1,875,000 | -6.0% | $425 / Sq Ft |
| 06/29/2022 06/29/22 | Pending | -- | -- | -- |
| 06/06/2022 06/06/22 | Price Changed | $1,995,000 | -4.8% | $452 / Sq Ft |
| 05/25/2022 05/25/22 | Price Changed | $2,095,000 | -4.8% | $475 / Sq Ft |
| 03/31/2022 03/31/22 | For Sale | $2,200,000 | -- | $499 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $20,751 | $1,991,600 | $1,190,900 | $800,700 |
| 2022 | $13,649 | $1,822,000 | $1,108,000 | $714,000 |
| 2021 | $12,547 | $1,221,000 | $632,000 | $589,000 |
| 2020 | $12,316 | $1,116,000 | $547,000 | $569,000 |
| 2019 | $13,108 | $1,029,000 | $523,000 | $506,000 |
| 2018 | $11,023 | $1,080,000 | $619,000 | $461,000 |
| 2017 | $9,713 | $778,000 | $442,000 | $336,000 |
| 2016 | $9,142 | $726,000 | $408,000 | $318,000 |
| 2015 | $9,767 | $758,000 | $443,000 | $315,000 |
| 2014 | -- | $641,000 | $338,000 | $303,000 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Tikalsky
Seller's Agent in 2022
Troy Tikalsky
Coldwell Banker Burnet
(952) 232-9353
1 in this area
29 Total Sales
-
Christopher Serie
Buyer's Agent in 2022
Christopher Serie
Incentive Realty
(612) 298-7218
2 in this area
39 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6167963
APN: 27-117-24-13-0010
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