NOT LISTED FOR SALE

4865 Suburban Dr Excelsior, MN 55331

Estimated Value: $847,000 - $1,558,000

5 Beds
3.5 Baths
4,751 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,157,500 $244 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,257/month

25 Days on Market

Highlights

  • 65,776 Sq Ft lot
  • Family Room with Fireplace
  • Billiard Room
  • Deephaven Elementary School Rated A
  • No HOA
  • Home Gym

About This Home

As of June 2023

Spectacular 5000 plus square foot 2009 built colonial home in Eastern Shorewood. This home offers five bedrooms and four bathrooms. This home is situated on 1.5 acres to explore and enjoy.This property includes a four stall garage with epoxy floors among other highlights which are as follows:Minnetonka Schools, Freshly painted interior, primary main level bedroom with heated floors and huge walk-in closet, fantastic exercise room, new washer and dryer, central vacuum system, in house sprinkler system and a lower level walkout among other features. A must see!

Last Agent to Sell the Property

Jonathan Petron

Coldwell Banker Crown Realtors Brokerage Phone: 612-300-2863 Listed on: 05/11/2023

Coldwell Banker Crown Realtors

Co-Listed By

Daniel Tillman

Coldwell Banker Realty Brokerage Phone: 612-300-2863

Last Buyer's Agent

Marissa Skaja

P.S. Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,348

Year Built

  • Built in 2009

Lot Details

  • 1.51 Acre Lot
  • Lot Dimensions are 248x241x263x273
  • Irregular Lot

Parking

  • 4 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Decorative Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Storage Room
  • Dryer
  • Utility Room Floor Drain
  • Home Gym

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2511723230079

Community Details

Overview

  • No Home Owners Association
  • Petron 2Nd Add Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,348

Year Built

Built in 2009

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Year Built: 2009
  • Above Grade Finished Sq Ft: 2851
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 62x38
  • Attribution Contact: 612-300-2863
  • Attribution Contact: 612-300-2863
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer
  • Fireplace Features: Decorative, Family Room, Gas, Living Room
  • Living Area: 4751
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1900
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Other Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Exercise Room, Billiard, Family Room, Storage, Mud Room
  • SqFtTotal: 5053.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Composite Decking,Rear Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 950

Utilities

  • Heating: Forced Air, Fireplace(s), Humidifier
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 248x241x263x273
  • Lot Size Sq Ft: 65775.6
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2511723230079
  • Tax Annual Amount: 12348
  • TaxWithAssessments: 12348.4600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 30, 2023
Sold by
Petron Jonathan J and Petron Shira M
Bought by
Nephew Kristie and Nephew Stanley
Seller's Agent
Jonathan Petron
Coldwell Banker Crown Realtors
Buyer's Agent
Marissa Skaja
P.S. Real Estate, LLC
List Price
$1,199,000
Sold Price
$1,157,500
Premium/Discount to List
-$41,500
-3.46%
Views
41
Current Estimated Value
$1,304,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,017
Avg. Annual Appreciation
8.56%
Original Mortgage
$926,000
Outstanding Balance
$908,107
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$466,095
Source: Public Records

Range of Values:

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Average Value
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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
Nephew Kristie $1,154,558 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nephew Kristie $926,000
Previous Owner Petron Jonathan J $210,000
Previous Owner Petron Jonathan J $60,000
Previous Owner Petron Jonathan J $249,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,157,500 -3.5% $244 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $1,199,000 -- $252 / 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 $12,629 $1,030,500 $416,000 $614,500
2022 $11,435 $997,000 $416,000 $581,000
2021 $11,108 $835,000 $351,000 $484,000
2020 $10,138 $807,000 $335,000 $472,000
2019 $9,834 $712,000 $255,000 $457,000
2018 $9,821 $689,000 $255,000 $434,000
2017 $9,839 $681,000 $251,000 $430,000
2016 $9,549 $653,000 $251,000 $402,000
2015 $9,320 $637,000 $210,000 $427,000
2014 -- $621,000 $217,000 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6367325

NorthstarMLS

APN: 25-117-23-23-0079