NOT LISTED FOR SALE

442 Lafayette Ave Excelsior, MN 55331

Estimated Value: $2,248,000 - $3,808,000

3 Beds
3 Baths
2,750 Sq Ft
$1,049/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $900,000 $327 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $18,987/month

28 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Docks
  • Wood Flooring
  • Excelsior Elementary School Rated A
  • Deck
  • Workshop

About This Home

As of September 2014

RARE Find - Excelsior Lakeshore - Vintage charmer in the Heart of Excelsior with EZ walk to shops, dining and trail. 65 ft of level lakeshore with panoramic views and superb sunsets. Lakeside sun porch - decks, gorgeous gardens, heated workshop and more!

Last Agent to Sell the Property

Joel Hentges

Counselor Realty, Inc. Listed on: 07/24/2014

Last Buyer's Agent

Gary Petersen

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,896

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot
  • 65 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Wood Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Workshop
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3411723210053

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,896

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Skylight, Walk-In Closet
  • Amenities Exterior: Deck, Dock, Fenced Yard - Partial, Patio, Porch
  • Estimated Number of Acres: 0.32
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1800
  • Parcel Number: 3411723210053
  • Projected Closed Date: 09/25/2014
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 15896.4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Master, Main Floor 3/4 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 23x23, On Level: Main
  • Room 2: Dining Room, 16x13, On Level: Main
  • Room 3: Family Room, 18x10, On Level: Main
  • Room 4: Kitchen, 17x13, On Level: Main
  • Room 5: Bedroom, 16x15, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 10x10, On Level: Upper
  • Room 9: Den/Office, 15x12, On Level: Main
  • Room 10: Porch, 23x12, On Level: Main
  • Room 11: Deck, 23x14, On Level: Upper
  • Room 12: Patio, 12x10, On Level: Main
  • Basement Features: Sump Pump
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 2750
  • Total Fin Square Footage: 2750

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Exterior: Wood
  • Out Buildings: Storage Shed, Workshop
  • Waterfront: Yes
  • Water Frontage: 65
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 65Lx285x62
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2014
  • Tax Value: 15896

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2017
Sold by
Matson Gary and Matson Kristine L
Bought by
Matson Gary E and Matson Kristine L
Current Estimated Value
$2,885,945

Purchase Details

Closed on
Feb 28, 2017
Sold by
Carlson Alan G and Carlson Susan J
Bought by
Matson Gary and Matson Kristine

Purchase Details

Listed on
Jul 24, 2014
Closed on
Sep 25, 2014
Sold by
Burns Edward Edward
Bought by
Carlson Alan Alan
Seller's Agent
Joel Hentges
Counselor Realty, Inc.
Buyer's Agent
Gary Petersen
Coldwell Banker Burnet
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$900,000
Interest Rate
4.2%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Hosfield Theresa Casey and Hosfield William B
Bought by
Burns Edward J and Burns Barbara A
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
Matson Gary E -- None Available
Matson Gary $1,200,000 Burnet Title
Carlson Alan Alan $900,000 --
Burns Edward J $389,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlson Alan Alan $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $900,000 -28.0% $327 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $1,250,000 -- $455 / 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
2023 $36,570 $2,710,500 $2,104,000 $606,500
2022 $28,272 $2,396,000 $1,846,000 $550,000
2021 $26,778 $1,883,000 $1,465,000 $418,000
2020 $24,483 $1,812,000 $1,395,000 $417,000
2019 $17,604 $1,614,000 $1,277,000 $337,000
2018 $15,422 $1,183,000 $1,150,000 $33,000
2017 $14,806 $988,000 $985,000 $3,000
2016 $13,681 $900,000 $850,000 $50,000
2015 $17,754 $1,124,000 $1,011,000 $113,000
2014 -- $960,000 $856,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4651891

REALTOR® Association of Southern Minnesota

APN: 34-117-23-21-0053