NOT LISTED FOR SALE

3609 Red Cedar Point Rd Excelsior, MN 55331

Estimated Value: $1,185,000 - $1,311,000

2 Beds
1 Bath
1,120 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $775,000 $692 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,015/month

Highlights

  • Lake Front
  • 1 Fireplace
  • 2 Car Attached Garage
  • Minnewashta Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Breathtaking peninsula property on iconic Red Cedar Point of Lake Minnewashta. Enjoy 160' of level lakeshore with big water views! 80' on the north shore and 80' on the south shore. Bask in the "up north" feel at this oasis on high demand and fully recreational lake in convenient close-in location. Minnetonka Schools. Few properties like this exist and become available. Incredibly peaceful setting filled with nature!

Last Listed By

Benjamin Dzurik

Keller Williams Premier Realty Lake Minnetonka Listed on: 07/15/2019

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,812

Year Built

  • Built in 1917

Lot Details

  • 0.38 Acre Lot
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 256600300

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,812

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Oil
  • Year Built: 1917
  • Above Grade Finished Sq Ft: 1120.00
  • Above Grade Finished Area Search: 1120.00
  • Below Grade Finished Sq Ft: 400.00
  • Carport Y N: No
  • Co Listing Association Office S K: 10172
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 70
  • List A O R Key Numeric: 10172
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1520.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 256600300
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 486.00
  • Water Body Name: Minnewashta
  • Waterfront Frontage: 160
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 400.00

Beds/Baths

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

Exterior Features

  • LakeAcres: 676.95000

Garage/Parking

  • Parking Features: Attached Garage

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: Unknown
  • Lot Size: irregular
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.3820
  • 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 05 BLOCK 04 & LOT 6 & PT OF VACATED RD
  • Tax Amount: 8812.00
  • Tax Year: 2018
  • Tax With Assessments: 9298.00
  • Assessor Parcel Number: 256600300

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
Jul 15, 2019
Closed on
Jul 15, 2019
Sold by
Parkhurst Kim D and Parkhurst John
Bought by
Sanders Peter and Sanders Jada
Seller's Agent
Benjamin Dzurik
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$775,000
Sold Price
$775,000
Total Days on Market
0
Current Estimated Value
$1,245,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,679
Avg. Annual Appreciation
8.45%
Original Mortgage
$220,000
Outstanding Balance
$194,790
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,050,889

Purchase Details

Closed on
Jan 19, 2016
Sold by
Larson Jean D and Larson Jean Dillman
Bought by
Hauer Michael Merle and Parkhurst Kim D

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
Sanders Peter $775,000 Minnesota Title
Hauer Michael Merle -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Peter $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $775,000 0.0% $692 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $775,000 -- $692 / 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 $12,906 $1,871,800 $878,600 $993,200
2024 $9,624 $1,111,400 $805,000 $306,400
2023 $9,238 $867,200 $770,000 $97,200
2022 $9,690 $839,600 $745,500 $94,100
2021 $9,796 $791,800 $710,000 $81,800
2020 $8,988 $791,800 $710,000 $81,800
2019 $9,298 $700,500 $602,400 $98,100
2018 $9,336 $700,500 $602,400 $98,100
2017 $8,970 $695,400 $602,400 $93,000
2016 $8,130 $595,600 $0 $0
2015 $3,563 $514,600 $0 $0
2014 $3,563 $495,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5241092

NorthstarMLS

APN: 25.6600300