NOT LISTED FOR SALE

3406 Kings Point Rd Excelsior, MN 55331

Estimated Value: $786,000 - $1,343,000

0.44 Acre
$2,311,966 Price per Acre
19,166 Sq Ft Lot

Last Sold April 30, 2012

Last sale price $430,000 $69 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,386/month

90 Days on Market

Highlights

  • Lake Front
  • Cul-De-Sac
  • Agricultural
  • Shirley Hills Primary School Rated A

About This Lot

As of April 2012

Amazing Views. 94 feet of lakeshore on Halsteads Bay. Super quiet culdesac street. Easy to access off of Hwy 7. Build your dream! Dock already on property. Level Lakeshore.

Last Agent to Sell the Property

Colleen Johnson

RE/MAX Advantage Plus Listed on: 01/03/2012

Last Buyer's Agent

Wendy Villella

RE/MAX Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,844

Year Built

  • 2004

Lot Details

  • 0.44 Acre Lot
  • Lake Front
  • Cul-De-Sac

Farming

  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$11,844

Year Built

2004

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Projected Closed Date: 04/30/2012
  • Street Designation: Road
  • Taxes With Assessments: 5327.32
  • Estimated Number of Acres: 0.44
  • Additional Information: Platted
  • Development Status: Raw Land
  • Land Improvements: Paved
  • Topography: Walkout
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2004

Exterior Features

  • LakeAcres: 14652
  • Soil Type: Loam
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: Electric

Schools

  • School District: Westonka #277

Lot Info

  • Lot/Land Description: Cul de Sac, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Bahram Akradi Llc
Bought by
Bap Properties Llc
Total Days on Market
90
Current Estimated Value
$1,017,265

Purchase Details

Closed on
Feb 20, 2019
Sold by
Bap Properties Llc
Bought by
Bahram Akradi Llc

Purchase Details

Closed on
Dec 21, 2018
Sold by
Bahram Akradi Llc
Bought by
Bap Properties Llc

Purchase Details

Listed on
Jan 3, 2012
Closed on
May 14, 2012
Sold by
Heartside Properties Llc
Bought by
Bahram Akradi Llc
Seller's Agent
Colleen Johnson
RE/MAX Advantage Plus
Buyer's Agent
Wendy Villella
RE/MAX Results
List Price
$489,900
Sold Price
$430,000
Premium/Discount to List
-$59,900
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Feb 19, 2010
Sold by
Second Chance Investments Llc
Bought by
Hearthside Properties Llc

Purchase Details

Closed on
Sep 26, 2005
Sold by
Sabri Basim O and Barrett Rochelle
Bought by
Second Chance Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
May 26, 2004
Sold by
Welty Mark R and Welty Kimberly D
Bought by
Barrett Rochelle and Sabri Basim O

Purchase Details

Closed on
Jun 6, 2003
Sold by
Welty Mark R and Welty Kimberly D
Bought by
Barrett Rochelle

Purchase Details

Closed on
Feb 15, 1996
Sold by
Johnson Royal C
Bought by
Welty Mark and Welty Kimberly
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
Bap Properties Llc -- None Available
Bahram Akradi Llc -- None Available
Bap Properties Llc -- None Available
Bahram Akradi Llc $430,000 Burnet Title
Hearthside Properties Llc $380,000 --
Second Chance Investments Llc $1,900,000 --
Barrett Rochelle $740,000 --
Barrett Rochelle $675,000 --
Welty Mark $237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Second Chance Investments Llc $1,900,000
Closed Barrett Rochelle --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $430,000 -12.2% $69 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $489,900 -- $78 / Sq Ft
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
2023 $11,844 $1,167,400 $1,167,400 $0
2022 $6,677 $1,086,000 $1,086,000 $0
2021 $5,707 $627,000 $627,000 $0
2020 $6,074 $543,000 $543,000 $0
2019 $6,956 $543,000 $543,000 $0
2018 $5,803 $589,000 $589,000 $0
2017 $6,318 $521,000 $521,000 $0
2016 $5,932 $482,000 $482,000 $0
2015 $7,676 $525,000 $525,000 $0
2014 -- $420,000 $420,000 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Colleen Johnson

    RE/MAX

  • W

    Buyer's Agent in 2012

    Wendy Villella

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3495756

REALTOR® Association of Southern Minnesota

APN: 27-117-24-13-0006

Minnesota Hennepin County Excelsior 55331

3406 Kings Point Rd, Excelsior, MN

This home is located at 3406 Kings Point Rd, Excelsior, MN 55331 since 03 January 2012 and is currently estimated at $1,017,265, approximately $162 per square foot. This property was built in 2004. 3406 Kings Point Rd is a home located in Hennepin County with nearby schools including Shirley Hills Primary School, Grandview Middle School, and Mound Westonka High School.

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