NOT LISTED FOR SALE

4725 Lodge Ln Excelsior, MN 55331

Estimated Value: $939,678 - $1,601,000

3 Beds
3.5 Baths
3,740 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 11, 2012

Last sale price $450,000 $120 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $7,270/month

27 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Vaulted Ceiling
  • Deephaven Elementary School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of January 2012

bargain priced well below market value soft contemporary home with open bright spaces beautiful views of pond, Lake William and Lake Minnetonka in Greenwoods on the Lake close to trail and Excelsior shown by appointment only

Last Agent to Sell the Property

Colleen Lee

Hans Hagen Homes, Inc. Listed on: 11/02/2011

Last Buyer's Agent

John Sakry

Better Homes and Gardens Real Estate All Seasons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,421

Year Built

  • 1992

Lot Details

  • 0.54 Acre Lot
  • Lake Front
  • Corner Lot
  • Sprinkler System
  • Many Trees

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include shared amenities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,421

Year Built

1992

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Hot Tub, Security System, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Hot Tub, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.54
  • Construction: Previously Owned
  • Foundation Size: 1374
  • Projected Closed Date: 01/16/2012
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 18x14, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 14x11, On Level: Main
  • Room 4: Kitchen, 16x13, On Level: Main
  • Room 5: Bedroom, 24x18, On Level: Upper
  • Room 6: Bedroom, 13x12, On Level: Upper
  • Room 7: 12x11, On Level: Upper
  • Room 9: Rec Room, 20x16, On Level: Lower
  • Room 10: Rec Room, 12x10, On Level: Lower
  • Room 11: Other, 12x10, On Level: Lower
  • Room 12: Dining Room, 11x10, On Level: Main
  • Room 13: Foyer, 10x8, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2613
  • Below Grade Finished Sq Ft: 1127
  • Total Fin Square Footage: 3740

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Pool: In-Ground, Heated, Outdoor
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 200

Fee Information

  • Insurance Fee Frequency: Yearly

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: N 212X168X
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2011
Closed on
Jan 11, 2012
Sold by
Lee James L and Lee Colleen B
Bought by
Rusing Shawn Edward and Rusing Kari Lynn Barrett
Seller's Agent
Colleen Lee
Hans Hagen Homes, Inc.
Buyer's Agent
John Sakry
Better Homes and Gardens Real Estate All Seasons
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$1,224,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774,670
Avg. Annual Appreciation
6.98%
Original Mortgage
$360,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Lee James L
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

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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
Rusing Shawn Edward $450,000 Liberty Title Inc
Deutsche Bank National Trust Company $345,000 --
Deutsche Bank National Trust Company $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rusing Shawn Edward $414,000
Closed Rusing Shawn Edward $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2012 01/11/12 Sold $450,000 0.0% $120 / Sq Ft
11/29/2011 11/29/11 Pending -- -- --
11/02/2011 11/02/11 For Sale $450,000 -- $120 / 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 $9,421 $878,300 $390,500 $487,800
2022 $8,318 $796,000 $380,000 $416,000
2021 $7,897 $703,000 $354,000 $349,000
2020 $8,604 $661,000 $316,000 $345,000
2019 $8,648 $683,000 $352,000 $331,000
2018 $8,447 $673,000 $352,000 $321,000
2017 $7,078 $556,000 $230,000 $326,000
2016 $7,223 $552,000 $270,000 $282,000
2015 $7,890 $592,000 $306,000 $286,000
2014 -- $507,000 $231,000 $276,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4086893

REALTOR® Association of Southern Minnesota

APN: 26-117-23-12-0016