Seller's Agent in 2025
Traci Peterson
Edina Realty, Inc.
(612) 386-8577
11 in this area
79 Total Sales
4040 Lakeridge Rd Excelsior, MN 55331
5
Beds
5
Baths
4,468
Sq Ft
0.7
Acres
Highlights
- Lake Front
- 30,492 Sq Ft lot
- Family Room with Fireplace
- Minnewashta Elementary School Rated A
- Deck
- Game Room
About This Home
As of October 2025Stunning 5BR/5BA two-story walkout with breathtaking views of Lake St. Joe! Floor-to-ceiling windows provide year-round natural light and showcase beautiful lake scenery in every season. This spacious, well-maintained home combines modern updates with timeless design, offering exceptional comfort and functionality.
The upper level includes four bedrooms, featuring a luxurious primary suite with an updated en-suite bath, a princess suite with private bath, and a Jack-and-Jill bath shared by two additional bedrooms. Ideal layout for families or guests.
Main level offers a beautifully remodeled kitchen with walk-in pantry and beverage center, open to both formal and informal dining areas. Enjoy lake views from the large family room, plus a formal living room and a dedicated home office for added flexibility.
The finished walkout lower level features a 5th bedroom, spacious entertainment area, and 3⁄4 bath—perfect for guest accommodations, recreation, or additional living space.
Enjoy peace, privacy, and scenic beauty just minutes from town. A rare opportunity to own a move-in-ready home in an incredible location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,010
Year Built
- Built in 1996
Lot Details
- 0.7 Acre Lot
- Lot Dimensions are 117x60x353x345
- Lake Front
- Few Trees
HOA Fees
- $30 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Home Office
- Game Room
Kitchen
- Walk-In Pantry
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Sump Pump
- Drain
- Block Basement Construction
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Gas Water Heater
- Water Softener is Owned
Community Details
- Association fees include shared amenities
- The Highlands On Lake St. Joe Association, Phone Number (612) 239-2319
- Highlands On Lake St Joe Chan Subdivision
Listing and Financial Details
- Assessor Parcel Number 253510030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2025
Closed on
Oct 29, 2025
Sold by
Noller Jonathan O and Noller Diana L
Bought by
Gould Elizabeth and Gould Jonathan
Seller's Agent
Traci Peterson
Edina Realty, Inc.
Buyer's Agent
Matthew Jones
Edina Realty, Inc.
List Price
$1,200,000
Sold Price
$1,180,000
Premium/Discount to List
-$20,000
-1.67%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$944,000
Outstanding Balance
$944,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$233,849
Purchase Details
Closed on
Jun 13, 2014
Sold by
Root Julie A and Willits Alan D
Bought by
Noller Jonathan O and Noller Diana L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 1999
Sold by
Jacobson Peter M and Jacobson Dolores C
Bought by
Willits Alan D and Root Julie A
Purchase Details
Closed on
Apr 26, 1996
Sold by
Lundgren Bros Construction Inc
Bought by
Jabobson Peter M and Jabobson Dolores G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,180,000 | Edina Realty Title | |
| Warranty Deed | $685,000 | Alliance Title Llc | |
| Warranty Deed | $515,000 | -- | |
| Warranty Deed | $426,760 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $944,000 | New Conventional | |
| Previous Owner | $542,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | Sold | $1,180,000 | -1.7% | $264 / Sq Ft |
| 09/24/2025 09/24/25 | Pending | -- | -- | -- |
| 09/11/2025 09/11/25 | For Sale | $1,200,000 | -- | $269 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $8,010 | $787,500 | $279,000 | $508,500 |
| 2024 | $7,390 | $716,400 | $237,500 | $478,900 |
| 2023 | $7,118 | $682,900 | $202,500 | $480,400 |
| 2022 | $7,274 | $663,300 | $201,400 | $461,900 |
| 2021 | $7,306 | $609,300 | $167,900 | $441,400 |
| 2020 | $8,516 | $609,300 | $167,900 | $441,400 |
| 2019 | $8,958 | $708,400 | $169,400 | $539,000 |
| 2018 | $7,702 | $708,400 | $169,400 | $539,000 |
| 2017 | $7,486 | $614,200 | $147,300 | $466,900 |
| 2016 | $8,326 | $643,900 | $0 | $0 |
| 2015 | $7,774 | $641,700 | $0 | $0 |
| 2014 | $7,774 | $572,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Traci Peterson
-
Patti Jo Hermann
P
Seller Co-Listing Agent in 2025
Patti Jo Hermann
Edina Realty, Inc.
(612) 386-8009
2 in this area
31 Total Sales
-
Matthew Jones
Buyer's Agent in 2025
Matthew Jones
Edina Realty, Inc.
(952) 456-2946
16 in this area
81 Total Sales
-
Elizabeth Jones
Buyer Co-Listing Agent in 2025
Elizabeth Jones
Edina Realty, Inc.
(612) 760-7609
11 in this area
39 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6771809
APN: 25.3510030
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