NOT LISTED FOR SALE

3940 Country Oaks Dr Excelsior, MN 55331

Estimated Value: $487,000 - $561,000

4 Beds
3 Baths
2,004 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $412,000 $206 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,189/month

54 Days on Market

Highlights

  • 192 Feet of Waterfront
  • Corner Lot
  • 2 Car Attached Garage
  • Minnewashta Elementary School Rated A
  • The kitchen features windows
  • Electronic Air Cleaner

About This Home

As of December 2022

Located just one block from Lake Minnewashta, this updated three level home is sited on a large flat corner lot. The home is part of the Pleasant Acres Neighborhood Association, consisting of almost 200’ of private lakeshore on Lake Minnewashta. Members enjoy their own boat launch, day dock, sandy beach with picnic areas and firepit, storage for paddle boards and canoes, and opportunity for an overnight boat slip for up to 10 homes (now on a 5-year rotation, see supplement for more info). This bright and updated home boasts three bedrooms on the upper level including the owner’s bedroom with private ¾ bathroom suite. The living room has an open feel and overlooks the dining room and kitchen. A bright sunlit lower level with several windows includes a family room and fourth bedroom with ¾ bath, plus a large laundry room with built-ins. Bountiful storage is found within the crawlspace. New architecture shingle roof in 2022. Award winning Minnetonka Schools with Minnewashta Elementary!

Last Agent to Sell the Property

Hans Zinn

Coldwell Banker Realty Brokerage Phone: 612-964-8111 Listed on: 10/07/2022

Coldwell Banker Realty

Co-Listed By

Max Zinn

Coldwell Banker Realty Brokerage Phone: 612-964-8111

Last Buyer's Agent

Benjamin Fellerman

Realty ONE Group Choice

Realty ONE Group Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1985

Lot Details

  • 0.41 Acre Lot
  • 192 Feet of Waterfront
  • Corner Lot
  • Few Trees

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Crawl Space
  • Natural lighting in basement

Additional Features

  • Electronic Air Cleaner
  • Shared Waterfront
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include beach access, dock, shared amenities
  • Pleasant Acres HOA, Phone Number (612) 964-8111
  • Country Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 252510010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

Built in 1985

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1243
  • Water Body Name: Minnewashta
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-964-8111
  • Attribution Contact: 612-964-8111
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Daylight/Lookout Windows, Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Dishwasher, Dryer, Electronic Air Filter, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Family Room, Wood Burning
  • Living Area: 2004
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 761
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Laundry
  • SqFtTotal: 2449.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Lake Acres: 676
  • LakeChain: N
  • Waterfront Frontage: 192

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 552

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Other, Shared Amenities
  • Phone: 612-964-8111
  • Association Fee: 125
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Security System,Skylight,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Pleasant Acres HOA

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 17859.6
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 252510010
  • Tax Annual Amount: 3776
  • TaxWithAssessments: 3776.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Other, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 21, 2022
Sold by
Luo Linqiang and Luo Yajuan
Bought by
Colbum Alex and Perlstein Nicole
Seller's Agent
Hans Zinn
Coldwell Banker Realty
Buyer's Agent
Benjamin Fellerman
Realty ONE Group Choice
List Price
$469,500
Sold Price
$412,000
Premium/Discount to List
-$57,500
-12.25%
Views
53
Current Estimated Value
$517,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,577
Avg. Annual Appreciation
7.60%
Original Mortgage
$370,800
Outstanding Balance
$359,124
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$142,573

Purchase Details

Closed on
Aug 15, 2018
Sold by
Johnson Bret W and Johnson Natalie
Bought by
Luo Linqiang and Gong Yajuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Thompson Sandra J and Thompson Terrance
Bought by
Johnson Natalie and Johnson Bret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2010
Sold by
Federal National Mortgage Association
Bought by
Johnson Bret W and Johnson Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,744
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Colbum Alex $412,000 Stewart Title
Luo Linqiang $327,500 Results Title
Johnson Natalie -- Attorney
Johnson Bret W $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colbum Alex $370,800
Previous Owner Luo Lingiang $246,000
Previous Owner Luo Linqiang $251,000
Previous Owner Luo Linqiang $259,000
Previous Owner Luo Linqiang $262,000
Previous Owner Johnson Bret W $15,000
Previous Owner Johnson Natalie $230,000
Previous Owner Johnson Bret W $241,744
Previous Owner Swanson Dean A $10,500
Previous Owner Swanson Dean A $36,000
Previous Owner Swanson Dean A $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $412,000 -1.9% $206 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $419,900 -4.4% $210 / Sq Ft
11/05/2022 11/05/22 Price Changed $439,000 -6.5% $219 / Sq Ft
10/05/2022 10/05/22 For Sale $469,500 -- $234 / 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 $4,308 $442,400 $175,000 $267,400
2024 $4,154 $411,900 $165,000 $246,900
2023 $3,936 $401,600 $165,000 $236,600
2022 $3,776 $383,200 $156,000 $227,200
2021 $3,630 $317,300 $125,000 $192,300
2020 $3,308 $317,300 $125,000 $192,300
2019 $3,548 $300,800 $90,800 $210,000
2018 $3,072 $300,800 $90,800 $210,000
2017 $2,894 $262,000 $78,600 $183,400
2016 $3,012 $237,700 $0 $0
2015 $2,866 $223,700 $0 $0
2014 $2,866 $211,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6268228

NorthstarMLS

APN: 25.2510010