NOT LISTED FOR SALE

4672 Palmer Pointer Rd Excelsior, MN 55331

Estimated Value: $1,608,000 - $4,540,000

0.48 Acre
$6,429,629 Price per Acre
20,909 Sq Ft Lot

Last Sold December 14, 2012

Last sale price $862,500

Est. 258% increase in value since last sale

Current estimated payment $19,002/month

386 Days on Market

Highlights

  • Lake Front
  • Cul-De-Sac
  • Agricultural
  • Shirley Hills Primary School Rated A
  • Landscaped with Trees

About This Lot

As of December 2012

Welcome to Palmer Pointe of Lake Minnetonka! This 7 acre development consists of 10 spectacular lakeshore lots. All of which are walk-outs and feature dramatic views in every direction and great sandy bottom clear lakeshore. ALL PRICES HAVE BEEN REDUCED!

Last Agent to Sell the Property

Richard Stabeck

Lakes Sotheby's International Listed on: 06/22/2011

Co-Listed By

George Stickney

Coldwell Banker Burnet

Last Buyer's Agent

Jack Olson

RE/MAX Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,581

Lot Details

  • 0.48 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Sloped Lot
  • Landscaped with Trees
  • Finished Lot(s)

HOA Fees

  • $8 Monthly HOA Fees

Additional Features

  • Agricultural
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 3611724340030

Property Details

Property Type

Land

Est. Annual Taxes

$31,581

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 3611724340030
  • Projected Closed Date: 12/14/2012
  • Street Designation: Road
  • Taxes With Assessments: 9142
  • Estimated Number of Acres: 0.48
  • Additional Information: Easements, Platted, Soil Test Available, Survey, Survey Stakes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Sloped, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 14652
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas, Storm Sewer, Telephone

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 100

Schools

  • School District: Westonka #277

Lot Info

  • Lot/Land Description: Cul de Sac, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Medina Mp Llc
Bought by
Kalis Sue H and Kalis Russell A
Current Estimated Value
$3,086,222

Purchase Details

Closed on
Feb 22, 2021
Sold by
Kalis Russell A and Kalis Sue H
Bought by
Kalis Russell A and Kalis Sue H

Purchase Details

Closed on
Feb 23, 2016
Sold by
Vannote Vida L
Bought by
Kalis Russell A and Kalis Sue H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2015
Sold by
Vannote Vida L
Bought by
Vannote Vida L and The Richard J Van Note & Vida L Van Note

Purchase Details

Listed on
Jun 22, 2011
Closed on
Dec 11, 2012
Sold by
Paradise Land Llc
Bought by
Vannote Richard
Seller's Agent
Richard Stabeck
Lakes Sotheby's International
Buyer's Agent
Jack Olson
RE/MAX Results
List Price
$1,250,000
Sold Price
$862,500
Premium/Discount to List
-$387,500
-31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kalis Sue H $370,000 Custom Home Builders Ttl Llc
Kalis Russell A -- None Listed On Document
Kalis Russell A $425,000 Executive Title
Kalis Russell A $425,000 Executive Title
Vannote Vida L -- Attorney
Vannote Richard $837,147 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalis Russell A $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $862,500 -31.0% --
07/12/2012 07/12/12 Pending -- -- --
06/22/2011 06/22/11 For Sale $1,250,000 -- --
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
2024 $31,581 $2,851,900 $1,320,000 $1,531,900
2023 $30,440 $2,879,500 $1,320,000 $1,559,500
2022 $25,976 $2,651,000 $1,320,000 $1,331,000
2021 $25,586 $2,243,000 $1,103,000 $1,140,000
2020 $26,086 $2,183,000 $1,050,000 $1,133,000
2019 $12,260 $2,080,000 $950,000 $1,130,000
2018 $12,759 $926,000 $926,000 $0
2017 $13,402 $950,000 $950,000 $0
2016 $13,662 $950,000 $950,000 $0
2015 $12,427 $850,000 $850,000 $0
2014 -- $850,000 $850,000 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard Stabeck

    Lakes Sotheby's International

  • G

    Seller Co-Listing Agent in 2012

    George Stickney

    Coldwell Banker Burnet

  • J

    Buyer's Agent in 2012

    Jack Olson

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3531300

REALTOR® Association of Southern Minnesota

APN: 36-117-24-34-0030

Minnesota Hennepin County Excelsior 55331

4672 Palmer Pointer Rd, Excelsior, MN

This home is located at 4672 Palmer Pointer Rd, Excelsior, MN 55331 since 22 June 2011 and is currently estimated at $3,086,222. 4672 Palmer Pointer Rd is a home located in Hennepin County with nearby schools including Shirley Hills Primary School, Westonka Middle School, and Westonka High School.

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