Seller's Agent in 2024
Sarah Polovitz
Compass
(612) 743-6801
21 in this area
398 Total Sales
4680 Fatima Place Excelsior, MN 55331
Estimated Value: $972,000 - $1,148,000
3
Beds
2.5
Baths
3,204
Sq Ft
$334/Sq Ft
Est. Value
Highlights
- 121 Feet of Waterfront
- Beach Access
- Deck
- Deephaven Elementary School Rated A
- Lake View
- No HOA
About This Home
As of November 2024Introducing 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.
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
- Many Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Flex
- Shake Siding
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Stone Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Game Room
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
Laundry
- Laundry Room
- 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
- Vented Exhaust Fan
- Well
- Water Softener is Owned
Community Details
- No Home Owners Association
- Auditors Sub 141 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2611723110016
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%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,882
Avg. Annual Appreciation
3.96%
Original Mortgage
$525,000
Outstanding Balance
$519,734
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$549,148
Purchase Details
Closed on
Oct 26, 2022
Sold by
Obergfell Vicki and Obergfell Klaus
Bought by
Rex Andrew and Rex Tadra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nedwek Thomas | $1,025,000 | Legacy Title | |
| Rex Andrew | $877,500 | Burnet Title | |
| Obergfell Klaus | $618,000 | Burnet Title | |
| Kapolka Joseph W | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nedwek Thomas | $525,000 | |
| Previous Owner | Rex Andrew | $702,000 | |
| Previous Owner | Obergfell Klaus | $383,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 | -- | $304 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $11,382 | $899,100 | $387,000 | $512,100 |
| 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
-
Sarah Polovitz
-
Al Anderson
Seller Co-Listing Agent in 2024
Al Anderson
Compass
(651) 802-0271
18 in this area
326 Total Sales
-
Ron Jensrud
Buyer's Agent in 2024
Ron Jensrud
The Home Buyers Inc
(612) 272-1520
1 in this area
48 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6602423
APN: 26-117-23-11-0016
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