NOT LISTED FOR SALE

427 Lake St Excelsior, MN 55331

Estimated Value: $704,349 - $1,205,000

2 Beds
1.5 Baths
1,200 Sq Ft
$300/ mo HOA Fee

Last Sold February 03, 2015

Last sale price $473,000 $394 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,170/month

22 Days on Market

Highlights

  • 310 Feet of Waterfront
  • Docks
  • Woodwork
  • Excelsior Elementary School Rated A+
  • Deck
  • 5-minute walk to Excelsior Commons

About This Home

As of February 2015

Great opportunity to live in the heart of Excelsior on Lake Minnetonka with a boat slip. This 2 level condo has been updated & is move-in ready. Relax peacefully with great water views. Walk to restaurants, shopping &more. Incl 2 parking places + laundry

Last Agent to Sell the Property

Todd Jorgensen

Coldwell Banker Burnet Listed on: 01/05/2015

Last Buyer's Agent

Paul Pudlitzke

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 1968

Lot Details

  • 310 Feet of Waterfront
  • Lake Front
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Woodwork
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, shared amenities, snow removal, trash, water
  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 3411723110100

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,463

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

HOA Fees

$300 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: CC Low Rise 3- Level
  • Amenities: Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Dock, Inground Sprinkler System, Patio
  • Construction: Previously Owned
  • Foundation Size: 600
  • Parcel Number: 3411723110100
  • Street Designation: Street
  • Comp Dev Subdiv Name: Bayshore Manor
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x18, On Level: Main
  • Room 4: Kitchen, 10x06, On Level: Main
  • Room 5: Bedroom, 12x15, On Level: Upper
  • Room 6: Bedroom, 12x13, On Level: Upper
  • Room 9: Deck, 5x18, On Level: Main
  • Room 10: Patio, 6x14, On Level: Main
  • Finished Above Grade Sq Ft: 1200
  • Total Fin Square Footage: 1200

Exterior Features

  • Frontage Road: City, Curb/Gutters, Sidewalk
  • LakeAcres: 14652
  • Waterfront: Yes
  • Water Frontage: 310
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 300

Fee Information

  • Insurance Expense: 730.00
  • Insurance Fee Frequency: Yearly

Building Info

  • Year Built: 1968

Tax Info

  • Year: 2014
  • Tax Value: 4463

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2016
Sold by
Marschke Jan Louise
Bought by
Marschke Dean David
Current Estimated Value
$962,337

Purchase Details

Listed on
Jan 5, 2015
Closed on
Feb 3, 2015
Sold by
Marks Edward H and Marks Catherine E
Bought by
Marschke Dean
Seller's Agent
Todd Jorgensen
Coldwell Banker Burnet
Buyer's Agent
Paul Pudlitzke
Edina Realty, Inc.
List Price
$499,900
Sold Price
$473,000
Premium/Discount to List
-$26,900
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Us Bank Na
Bought by
Marks Edward H

Purchase Details

Closed on
Nov 12, 2004
Sold by
Campbell Dorothy
Bought by
Bliss Jason
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marschke Dean David -- None Available
Marschke Dean $473,000 Burnet Title
Marks Edward H $425,000 --
Bliss Jason $469,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2015 02/03/15 Sold $473,000 -5.4% $394 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $499,900 -- $417 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $11,122 $862,100 $671,200 $190,900
2023 $10,417 $834,700 $646,000 $188,700
2022 $6,475 $771,000 $589,000 $182,000
2021 $5,998 $497,000 $347,000 $150,000
2020 $6,019 $461,000 $318,000 $143,000
2019 $5,937 $448,000 $309,000 $139,000
2018 $5,670 $442,000 $309,000 $133,000
2017 $4,867 $389,000 $280,000 $109,000
2016 $4,944 $385,000 $280,000 $105,000
2015 $4,488 $334,400 $221,400 $113,000
2014 -- $296,000 $196,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4705101

REALTOR® Association of Southern Minnesota

APN: 34-117-23-11-0100

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