$1,025,000
SOLD NOV 8, 2024

4680 Fatima Place Excelsior, MN 55331

3 Beds
2.5 Baths
3,204 Sq Ft
0.57 Acres

Recently Sold

$320 Per Sq Ft

5% Above List Price

1 Day on Market

Highlights

  • 121 Feet of Waterfront
  • Beach Access
  • Deck
  • Deephaven Elementary School Rated A
  • Lake View
  • No HOA

About This Home

As of November 2024

Introducing 4680 Fatima Place on the shores of Lake William in beautiful Shorewood, Minnesota. Nestled on 121 feet of shoreline, this updated lake home boasts three bedrooms and three bathrooms across 3,204 finished square feet. The front door opens to reveal quality craftsmanship and architectural design elements including beautiful hardwood floors, custom trim work, and detailed finishes throughout. The inviting living room features a stone wood-burning fireplace and wall of windows framing spectacular west-facing views across Lake William. Create a culinary experience in the gourmet kitchen showcasing high-end appliances, custom enameled cabinets, and walk-in pantry. Entertain in the dining room with built-in buffet and beverage station. Retreat to the main level primary bedroom suite with water views, spacious closet, and spa-like bathroom with clawfoot tub and walk-in shower. Enjoy one level living with the custom-designed laundry room and mudroom. The walkout lower level highlights the family room, game area, two bedrooms, full bathroom, and a flex room perfect for a home office or exercise room. Gradual elevation to the shoreline for summer kayaking and winter ice skating while enjoying seasonal views of Lake Minnetonka. Steps to the Lake Minnetonka LRT Regional Trail for miles of biking and walking. Two miles to Downtown Excelsior with its charming boutiques, exceptional dining, and lakeside amenities. Located in the award-winning Minnetonka School District. Schedule a private showing to experience all that this 0.57-acre lakeside estate has to offer.

Last Agent to Sell the Property

Sarah Polovitz

Compass Listed on: 10/07/2024

Compass

Co-Listed By

Al Anderson

Compass

Last Buyer's Agent

Ron Jensrud

The Home Buyers Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,129

Year Built

  • Built in 2006

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 119x209x121x195
  • 121 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex
  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Game Room
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Well

Community Details

  • No Home Owners Association
  • Auditors Sub 141 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2611723110016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,129

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Hallways 42"+
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1698
  • Water Body Name: William
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Concrete, Storage Space, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 3204
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1506
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Primary Bathroom, Laundry, Family Room, Game Room, Flex Room, Bedroom 2, Bedroom 3, Deck, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: Lake, Panoramic, West
  • PatioPorchType: Deck,Patio
  • Lake Acres: 15
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 121

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 624

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Paneled Doors,Panoramic View,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 119x209x121x195
  • Lot Size Sq Ft: 24829.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2611723110016
  • Tax Annual Amount: 10129
  • TaxWithAssessments: 10129.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 8, 2024
Sold by
Rex Andrew and Rex Tadra
Bought by
Nedwek Thomas and Taylor Victoria Nedwek
Seller's Agent
Sarah Polovitz
Compass
Buyer's Agent
Ron Jensrud
The Home Buyers Inc
List Price
$975,000
Sold Price
$1,025,000
Premium/Discount to List
$50,000
5.13%
Total Days on Market
1
Views
31
Current Estimated Value
$1,023,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,035
Avg. Annual Appreciation
-0.17%
Original Mortgage
$525,000
Outstanding Balance
$522,400
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$501,565

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 26, 2022
Sold by
Obergfell Vicki and Obergfell Klaus
Bought by
Rex Andrew and Rex Tadra
Seller's Agent
Darlene Arndt
Coldwell Banker Realty
Buyer's Agent
Andrew Baer
Edina Realty, Inc.
List Price
$825,000
Sold Price
$877,500
Premium/Discount to List
$52,500
6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$702,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2018
Sold by
Kapolka Joseph W and Noyes Kerry K
Bought by
Obergfell Klaus and Obergfell Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Oien Andrea L
Bought by
Kapolka Joseph W and Noyes Kerry K
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,025,000 Legacy Title
Warranty Deed $877,500 Burnet Title
Warranty Deed $618,000 Burnet Title
Warranty Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $702,000 New Conventional
Previous Owner $370,635 New Conventional
Previous Owner $381,250 New Conventional
Previous Owner $383,000 New Conventional
Previous Owner $41,000 Credit Line Revolving
Previous Owner $409,000 New Conventional
Previous Owner $412,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $1,025,000 +5.1% $320 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $975,000 +11.1% $304 / Sq Ft
10/28/2022 10/28/22 Sold $877,500 0.0% $277 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/03/2022 10/03/22 Off Market $877,500 -- --
09/29/2022 09/29/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $825,000 -- $260 / 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
2023 $10,129 $841,900 $392,300 $449,600
2022 $8,090 $891,000 $431,000 $460,000
2021 $7,784 $614,000 $218,000 $396,000
2020 $7,945 $589,000 $209,000 $380,000
2019 $8,351 $575,000 $202,000 $373,000
2018 $8,364 $597,000 $202,000 $395,000
2017 $7,589 $544,000 $195,000 $349,000
2016 $7,241 $515,000 $192,000 $323,000
2015 $7,263 $515,000 $192,000 $323,000
2014 -- $507,000 $192,000 $315,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6602423

NorthstarMLS

APN: 26-117-23-11-0016