NOT LISTED FOR SALE

3701 S Cedar Rd Excelsior, MN 55331

Estimated Value: $1,413,000 - $1,560,000

3 Beds
2 Baths
1,211 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $700,000 $578 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,646/month

16 Days on Market

Highlights

  • Lake Front
  • Beach View
  • Vaulted Ceiling
  • Minnewashta Elementary School Rated A
  • Deck
  • Porch

About This Home

As of November 2014

A premium location on Lake Minnewashta, 80 feet of south facing, level lakeshore with sandy bottom and small beach. A well built, not so big house, great cabin, or perfect building site in Minnetonka Schools! A must see!

Last Listed By

Stafford Family Realtors

Coldwell Banker Realty Listed on: 10/13/2014

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,314

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Lake Front
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Beach
  • Lake

Home Design

  • Pitched Roof
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • Red Cedar Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 256600390

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,314

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1211.00
  • Above Grade Finished Area Search: 1211.00
  • Assessment Pending Y N: Yes
  • Below Grade Finished Sq Ft: 810.00
  • Carport Y N: No
  • Co Listing Association Office S K: 5069
  • Elevation High Point Waterfront: 0-4
  • Floor Plan Type: Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Excellent Sand, Hard, Sand
  • Lake Depth Feet: 70
  • List A O R Key Numeric: 5069
  • Listing Organization: Iowa
  • Living Area Finished: 2021.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 256600390
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 580.00
  • Water Body Name: Minnewashta
  • Waterfront Frontage: 80
  • Waterfront Slope Type: Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Finished (Livable), Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Fireplace Features: Family Room, Wood Burning
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Informal Dining Room
  • Family Room Features: 2 or More, 2 Story/High/Vaulted Ceilings, Family Room, Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Main Floor Full Bath
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 810.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt Shingles, Pitched
  • LakeAcres: 676.95000
  • Waterfront View: Lake, Panoramic, South
  • PoolFeatures: None
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Asphalt, Garage Door Opener

Utilities

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

Association/Amenities

  • Property Amenities: Ceiling Fan(s), Deck, Kitchen Window, Natural Woodwork, Porch, Vaulted Ceiling(s)

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: Yes
  • Lot Size: 90x145xL80x142
  • Homestead: Yes
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Lot Size Acres: 0.2700
  • 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 19 BLOCK 04 & LOT 20
  • Tax Amount: 7314.00
  • Tax Year: 2014
  • Tax With Assessments: 7894.00
  • Assessor Parcel Number: 256600390

Multi Family

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

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2014
Closed on
Nov 21, 2014
Sold by
Robertson Gregory P and Robertson Leslie M
Bought by
Fagan Daniel P and Fagan Susan
Seller's Agent
Stafford Family Realtors
Coldwell Banker Realty
List Price
$719,900
Sold Price
$700,000
Premium/Discount to List
-$19,900
-2.76%
Total Days on Market
16
Current Estimated Value
$1,520,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,151
Avg. Annual Appreciation
7.10%
Original Mortgage
$560,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 2005
Sold by
Begley Evelyn Y
Bought by
Robertson Gregory P and Robertson Leslie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1995
Sold by
Bjork James R
Bought by
Begley Evelyn Y

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
Fagan Daniel P $700,000 Burnet Title
Robertson Gregory P $766,500 --
Begley Evelyn Y $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fagan Daniel P $150,000
Open Fagan Daniel P $999,999
Closed Fagan Daniel P $100,000
Closed Fagan Daniel P $1,120,000
Closed Fagan Daniel P $986,400
Closed Fagan Daniel P $560,000
Previous Owner Robertson Greg P $83,567
Previous Owner Robertson Gregory P $585,000
Previous Owner Robertson Gregory P $104,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $700,000 -2.8% $578 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $719,900 -- $594 / 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 $14,610 $1,326,900 $678,100 $648,800
2024 $13,650 $1,245,200 $621,300 $623,900
2023 $13,080 $1,199,400 $621,300 $578,100
2022 $13,432 $1,158,900 $598,500 $560,400
2021 $13,486 $1,062,300 $570,000 $492,300
2020 $13,356 $1,062,300 $570,000 $492,300
2019 $12,554 $963,600 $520,000 $443,600
2018 $12,354 $963,600 $520,000 $443,600
2017 $12,616 $939,400 $520,000 $419,400
2016 $8,464 $653,400 $0 $0
2015 $7,894 $576,700 $0 $0
2014 $7,894 $544,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4536527

NorthstarMLS

APN: 25.6600390