NOT LISTED FOR SALE

4060 Lakeridge Rd Excelsior, MN 55331

Estimated Value: $951,711 - $1,269,000

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 $6,560/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 Listed By

Jack Vilett

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

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
Total Days on Market
23
Current Estimated Value
$1,050,178

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
6.79%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Excelsior, MN

  • 24295 Wood Dr, Excelsior, MN 55331

    $899,000

    • 4 Beds
    • 3 Baths
    • 3,060 Sq Ft
    • 24295 Wood Dr
    • Excelsior, MN

    Inside to Outside-genuine renovation of a classic Shorewood - Excelsior mid-century home. No system untouched…from geothermal central heating and air conditioning, updated electric, whole house generator, new hybrid hot water heater, new roof, fresh exterior black paint, interior doors, custom trim, two fireplaces converted to gas, main level fireplace refaced, Marvin custom replacement windows,

    Linda Warner Norton Realty, Inc

    Section Image
  • 7443 Tristan Knoll, Excelsior, MN 55331

    $850,000

    • 4 Beds
    • 3.5 Baths
    • 3,861 Sq Ft
    • 7443 Tristan Knoll
    • Excelsior, MN

    Discover the perfect blend of comfort, nature, and convenience in this beautifully maintained, one-owner home! Nestled among scenic nature trails and just minutes from charming downtown Excelsior, Victoria, and Chanhassen, this home offers the lifestyle you’ve been dreaming of. Step inside to an airy open floor plan with soaring vaulted ceilings and walls of windows that fill the space with

    Brette Hermann Edina Realty, Inc.

    Section Image
  • 4167 Hallgren Ln, Excelsior, MN 55331

    $774,000

    • 3 Beds
    • 3.5 Baths
    • 2,892 Sq Ft
    • 4167 Hallgren Ln
    • Excelsior, MN

    Prime location in the highly desirable Oak Ridge neighborhood situated on a quiet cul-de-sac! The main level features large oversized windows creating an open, airy and light filled floor plan, newly refinished wood floors, remodeled kitchen with granite countertops, new stainless-steel appliances, gas cooktop, fresh paint and convenient main floor laundry. The upper level includes three

    Jody Walter Coldwell Banker Realty

    Section Image
  • 3931 Crestview Dr, Excelsior, MN 55331

    $895,000

    • 4 Beds
    • 3.5 Baths
    • 3,705 Sq Ft
    • 3931 Crestview Dr
    • Excelsior, MN

    One level lving with private beach access, walkable to Lake Minnewashta ,with this stunning 4 bedroom , 4 bathroom rambler in Excelsior, near Chanhassen. Enjoy the beautiful custom large garden as you walk through the stamped concrete sidewalk to the front porch. The front entry is open to a formal dining room,great room with stone wood burning fire place. the kitchen has a large eat-in dining

    Becca McShane Lakes Area Realty

    Section Image
  • 745 Virginia Shores Cir, Excelsior, MN 55331

    $995,000

    • 4 Beds
    • 3 Baths
    • 3,166 Sq Ft
    • 745 Virginia Shores Cir
    • Excelsior, MN

    Gorgeous Fully Renovated Home with Lake Access – Perfect for Growing Families in Top-Rated School District!Welcome to your dream home nestled near Lake Virginia and Lake Minnetonka, offering deeded lake access with beach and dock options—ideal for weekends of fun and relaxation!This beautifully remodeled 4-bedroom, 3-bathroom home with over 3,100 finished square feet has been thoughtfully updated

    Donavon DesMarais Keller Williams Premier Realty Lake Minnetonka

    Section Image
  • 3609 Strawberry Ln, Excelsior, MN 55331

    $795,000

    • 5 Beds
    • 3.5 Baths
    • 3,163 Sq Ft
    • 3609 Strawberry Ln
    • Excelsior, MN

    Welcome to 3609 Strawberry Lane—an exceptional home nestled in a quiet cul-de-sac in award-winning Chanhassen, voted one of Money Magazine’s “Best Places to Live.” This five bedroom, four bathroom home in the Minnetonka School District blends charm, function, and style. The open-concept main level features a gourmet kitchen with granite counters and stainless steel appliances, flowing into a cozy

    Jim Schwarz Lakes Sotheby's International

    Section Image
  • 3608 Strawberry Ln, Excelsior, MN 55331

    $870,000

    • 4 Beds
    • 3.5 Baths
    • 3,401 Sq Ft
    • 3608 Strawberry Ln
    • Excelsior, MN

    Discover the perfect blend of modern living and timeless comfort in this stunning 4-bedroom, 4-bathroom home located in the highly sought-after Minnetonka School District. Built in 2015, this 3,401 sq. ft. home offers everything you've been searching for.Step inside to find a thoughtfully designed main floor featuring a private office, a gourmet kitchen with top-of-the-line finishes, a cozy

    Matthew Jones Edina Realty, Inc.

    Section Image
  • 3600 Strawberry Ln, Excelsior, MN 55331

    $839,000

    • 4 Beds
    • 4 Baths
    • 3,378 Sq Ft
    • 3600 Strawberry Ln
    • Excelsior, MN

    This beautifully maintained 2015 home in Boulder Cove blends everyday comfort with a touch of luxury—and it’s ready for you to move right in. From the moment you step inside, it just feels right. The heart of the home is the stunning kitchen—perfect for casual hangouts or entertaining—complete with a huge granite island, crisp white cabinets, stainless appliances, and a walk-in pantry for all the

    Kristi Weinstock Coldwell Banker Realty

    Section Image
  • 5435 Yellowstone Trail, Excelsior, MN 55331

    $950,000

    • 4 Beds
    • 3.5 Baths
    • 4,577 Sq Ft
    • 5435 Yellowstone Trail
    • Excelsior, MN

    Your dream home is waiting for you to settle in and enjoy the Lake Minnetonka lifestyle! The HOA offers a 50' sandy beach, common dock for fishing and drop off or pick up of friends for a day on the lake, pool, BBQ area with gazebo and restrooms with showers poolside. A walking trail to the local favorite Lake Minnetonka Regional Park is steps away, which includes a boat launch and play equipment

    Jennifer Lorge Edina Realty, Inc.

    Section Image

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

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4501775

REALTOR® Association of Southern Minnesota

APN: 25.3510040