NOT LISTED FOR SALE

4260 Water St Excelsior, MN 55331

Estimated Value: $1,578,000 - $1,727,000

4 Beds
3.5 Baths
3,746 Sq Ft
$443/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $1,400,000 $374 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,226/month

Highlights

  • Home Theater
  • Bonus Room
  • Stainless Steel Appliances
  • Deephaven Elementary School Rated A
  • No HOA
  • The kitchen features windows

About This Home

As of April 2023

Located in coveted Cottagewood U.S.A., this beautiful home built by Vine Hill Partners spans across 3,746 finished square feet. This property offers an open flow main level and walkout access from the great room to the backyard and paver patio with firepit. The upper level hosts a spacious loft for media or homework zone, two junior bedrooms, and a laundry room with ample storage. The primary bedroom features a Juliet balcony and spa-like bath with a separate walk-in shower, soaker tub, and walk-in closet. The lower level showcases the family room, theater room (seller to convert to 4th bedroom with acceptable offer), three-quarters bathroom, and storage space. This home is located steps to the historic Cottagewood General Store, Sandy Beach, tennis courts, playground, and the Lake Minnetonka LRT Regional Trail. Minutes to charming downtown Excelsior.

Last Agent to Sell the Property

John Adams

Compass Listed on: 01/17/2023

Compass

Co-Listed By

Sarah Polovitz

Compass

Last Buyer's Agent

Jay Ettinger

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,425

Year Built

  • Built in 2012

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Well

Community Details

  • No Home Owners Association
  • Cottagewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411723310061

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,425

Year Built

Built in 2012

Lot Details

0

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: Well
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 2676
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 3746
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1070
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Laundry, Media Room, Mud Room
  • SqFtTotal: 0.00

Beds/Baths

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

Exterior Features

  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: E55X174X63X150
  • Lot Size Sq Ft: 9147.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2411723310061
  • Tax Annual Amount: 13425
  • TaxWithAssessments: 13424.9200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Apr 5, 2023
Sold by
Sullivan Curtis F and Sullivan Jennifer
Bought by
Hand Claire E and Reimringer Todd Allen
Seller's Agent
John Adams
Compass
Buyer's Agent
Jay Ettinger
Edina Realty, Inc.
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
82
Current Estimated Value
$1,660,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,493
Avg. Annual Appreciation
7.09%
Original Mortgage
$726,200
Outstanding Balance
$705,645
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$954,848

Purchase Details

Closed on
Apr 25, 2017
Sold by
Wells Lisa M and Wells Kevin
Bought by
Sulivan Curtis F and Sulivan Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,600
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2011
Sold by
Hartranft Franklin F and Hartranft Julie A
Bought by
Wells Lisa M and Wells Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
Nielsen Lisa M
Bought by
Hartranft Franklin F and Hartranft Julie A

Purchase Details

Closed on
Nov 9, 2004
Sold by
Larson Lillian M and Larson Robert H
Bought by
Nielsen Lisa M and Nielsen James M

Purchase Details

Closed on
Jul 1, 2002
Sold by
Larson Lillian M and Larson Robert H
Bought by
Nielsen James M
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
Hand Claire E $1,400,000 Legacy Title
Sulivan Curtis F $884,500 Watermark Title Agency
Wells Lisa M $205,000 Cities Title Services
Hartranft Franklin F $185,000 --
Nielsen Lisa M $139,500 --
Nielsen James M $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hand Claire E $726,200
Previous Owner Sulivan Curtis F $707,600
Previous Owner Wells Lisa M $164,000
Closed Nielsen James M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $1,400,000 -3.4% $374 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $1,450,000 -- $387 / 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
2024 $17,073 $1,381,900 $487,500 $894,400
2023 $16,198 $1,376,200 $487,500 $888,700
2022 $13,425 $1,226,000 $428,000 $798,000
2021 $11,408 $1,041,000 $375,000 $666,000
2020 $11,655 $896,000 $257,000 $639,000
2019 $11,201 $881,000 $255,000 $626,000
2018 $9,597 $854,000 $251,000 $603,000
2017 $9,161 $703,000 $229,000 $474,000
2016 $9,173 $692,000 $185,000 $507,000
2015 $8,682 $654,000 $185,000 $469,000
2014 -- $595,000 $150,000 $445,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6323750

NorthstarMLS

APN: 24-117-23-31-0061