NOT LISTED FOR SALE

4060 Lakeridge Rd Excelsior, MN 55331

Estimated Value: $955,660 - $1,169,000

5 Beds
3.5 Baths
4,600 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $485,430 $106 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,266/month

23 Days on Market

Highlights

  • Lake Front
  • 1.02 Acre Lot
  • Whirlpool Bathtub
  • Minnewashta Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of August 2013

Fantastic location, Minnetonka schools & ready for your home decorating dreams. Finished on all 3 levels, this walkout 2 sty has 4 beds on 1 level, huge master suite, tons of light & over 4000 finished sqft. Located off Minnewashta Pkwy on Lake St. Joe.

Last Agent to Sell the Property

Jack Vilett

Edina Realty, Inc. Listed on: 07/01/2013

Co-Listed By

Melissa Vilett

Edina Realty, Inc.

Last Buyer's Agent

James Starr

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,195

Year Built

  • Built in 1997

Lot Details

  • 1.02 Acre Lot
  • Lake Front
  • Landscaped with Trees

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Drain

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 253510040

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,195

Year Built

Built in 1997

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Natural Woodwork, Walk-In Closet, Washer/Dryer Hookups
  • Estimated Number of Acres: 1.02
  • Assessment Balance: 25
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1798
  • Parcel Number: 253510040
  • Projected Closed Date: 08/23/2013
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 7220
  • Comp Dev Subdiv Name: Highlands on Lake St. Joe
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 17x18, On Level: Main
  • Room 2: Dining Room, 12x13, On Level: Main
  • Room 3: Family Room, 17x19, On Level: Main
  • Room 4: Kitchen, 21x16, On Level: Main
  • Room 5: Bedroom, 36x17, On Level: Upper
  • Room 6: Bedroom, 15x15, On Level: Upper
  • Room 7: 11x15, On Level: Upper
  • Room 8: Bedroom, 14x15, On Level: Upper
  • Room 9: Den/Office, 12x13, On Level: Main
  • Room 10: Rec Room, 29x21, On Level: Lower
  • Room 11: Bedroom, 12x11, On Level: Lower
  • Room 12: Media Room, 16x12, On Level: Lower
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 3181
  • Below Grade Finished Sq Ft: 1419
  • Total Fin Square Footage: 4600

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • LakeAcres: 18.73
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 325

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: irregular
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2013
  • Tax Value: 7195

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Lang Brian E and Lang Lindsey R
Bought by
Frankman Jason and Frankman Jennifer
Current Estimated Value
$1,048,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,500
Outstanding Balance
$508,911
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$541,267

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 20, 2013
Sold by
Bmo Harris Bank Na
Bought by
Lang Brian E and Lang Lindsey R
Seller's Agent
Jack Vilett
Edina Realty, Inc.
Buyer's Agent
James Starr
Edina Realty, Inc.
List Price
$489,900
Sold Price
$485,430
Premium/Discount to List
-$4,470
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$388,344
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2012
Sold by
Beauchamp John F and Beauchamp Lynn H
Bought by
Bmo Harris Bank National Association

Purchase Details

Closed on
Aug 24, 1996
Sold by
Lundgren Bros Construction Inc
Bought by
Beauchamp John F and Beauchamp Lynn H J
Source: Public Records

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
Frankman Jason $710,000 Burnet Title
Lang Brian E $485,430 Edina Realty Title Inc
Bmo Harris Bank National Association $555,000 None Available
Beauchamp John F $490,913 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankman Jason $603,500
Previous Owner Lang Brian E $100,000
Previous Owner Lang Brian E $388,344
Previous Owner Beauchamp John F $606,400
Previous Owner Beauchamp John F $75,800
Previous Owner Beauchamp John F $200,000
Previous Owner Beauchamp John F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $485,430 -0.9% $106 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $489,900 -- $107 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $8,186 $800,900 $300,000 $500,900
2024 $7,406 $730,500 $250,000 $480,500
2023 $7,078 $684,200 $225,000 $459,200
2022 $7,218 $660,100 $218,600 $441,500
2021 $7,250 $605,300 $182,200 $423,100
2020 $8,196 $663,500 $182,200 $481,300
2019 $8,572 $681,100 $173,500 $507,600
2018 $7,430 $681,100 $173,500 $507,600
2017 $7,318 $595,300 $150,900 $444,400
2016 $8,138 $631,200 $0 $0
2015 $7,670 $624,300 $0 $0
2014 $7,670 $565,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4501775

REALTOR® Association of Southern Minnesota

APN: 25.3510040