NOT LISTED FOR SALE

3603 Red Cedar Point Rd Excelsior, MN 55331

Estimated Value: $1,218,000 - $1,389,460

3 Beds
2 Baths
2,828 Sq Ft
$459/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $566,800 $200 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $8,299/month

92 Days on Market

Highlights

  • Lake Front
  • 0.67 Acre Lot
  • No HOA
  • Minnewashta Elementary School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

Stunning water front property loaded with charm and character, open kitchen, stainless appliances, beautiful rock fireplaces, rough oak beams and railings, great lake views throughout the home, many bedrooms feature a separate in room wash sink & more!

Last Listed By

MaryJo Elliott

The Relocation Center Listed on: 05/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,851

Year Built

  • Built in 1918

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 174x218x119x235
  • Lake Front

Home Design

  • Wood Siding

Interior Spaces

  • 2,828 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 256600270

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,851

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 2828.00
  • Above Grade Finished Area Search: 2828.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 70
  • List A O R Key Numeric: 12935
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2828.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 256600270
  • Rental License: No
  • Stories Type: Two
  • Tax Assessment Balance: 601.00
  • Water Body Name: Minnewashta
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Drainage System, Full, Sump Pump, Unfinished
  • Appliances: Cooktop, Range
  • Fireplace: Yes
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • LakeAcres: 676.95000

Garage/Parking

  • Parking Features: Driveway - Asphalt
  • Parking Spaces: 3

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 276 - Minnetonka
  • School District Phone: 952-401-5000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 174x218x119x235
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.6650
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SECT 08 TWP 116 RANGE 023 RED CEDAR POINT LK MINNEWASHTALOT 01 BLOCK 04 W 225' EXC W 25' OF LOT 1
  • Tax Amount: 8851.00
  • Tax Year: 2013
  • Tax With Assessments: 9452.00
  • Assessor Parcel Number: 256600270

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Aug 19, 2014
Sold by
Us Bank National Association
Bought by
Geiger Gregg T and Geiger Kellie J
Seller's Agent
MaryJo Elliott
The Relocation Center
Buyer's Agent
Kimberly Bryant
Coldwell Banker Burnet
List Price
$649,900
Sold Price
$566,800
Premium/Discount to List
-$83,100
-12.79%
Total Days on Market
92
Current Estimated Value
$1,297,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$730,315
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Lyman Thomas L and Lyman Jessica B
Bought by
Us Bank National Association

Range of Values:

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Average Value
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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
Geiger Gregg T $566,800 Burnet
Us Bank National Association $708,542 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geiger Gregg T $412,400
Previous Owner Lyman Thomas L $55,000
Previous Owner Lyman Thomas L $400,000
Previous Owner Lyman Thomas L $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $566,800 -12.8% $200 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $649,900 -- $230 / 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
2025 $12,872 $1,191,300 $945,500 $245,800
2024 $11,904 $1,105,900 $866,300 $239,600
2023 $11,448 $1,055,300 $866,300 $189,000
2022 $11,986 $1,023,200 $840,000 $183,200
2021 $12,072 $958,700 $800,000 $158,700
2020 $10,766 $958,700 $800,000 $158,700
2019 $10,468 $815,600 $632,300 $183,300
2018 $10,414 $815,600 $632,300 $183,300
2017 $8,182 $803,800 $632,300 $171,500
2016 $7,838 $610,800 $0 $0
2015 $9,260 $654,700 $0 $0
2014 $9,260 $631,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4474604

NorthstarMLS

APN: 25.6600270