NOT LISTED FOR SALE

5070 Highview Place Excelsior, MN 55331

Estimated Value: $2,341,209 - $3,556,000

5 Beds
5.5 Baths
6,657 Sq Ft
$425/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $1,580,000 $237 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $17,442/month

140 Days on Market

Highlights

  • Heated In Ground Pool
  • Heated Floors
  • Property is near public transit
  • Excelsior Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of September 2013

One of a kind Tuscan inspired home set atop a bluff w/commanding views of St. Alban's Bay on Lake Minnetonka. Exotic, luxurious, high end finishes. State of the art gourmet kitchen, in-ground heated pool, much much more. AMAZING! Fast close.

Last Agent to Sell the Property

Michael Wasem

Edina Realty, Inc. Listed on: 04/16/2013

Edina Realty, Inc.

Co-Listed By

Michael Wasem

Edina Realty, Inc.

Last Buyer's Agent

Christy Kimbrel

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,568

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 174x129x17
  • Cul-De-Sac
  • Fenced Yard
  • Property has an invisible fence for dogs
  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Open Floorplan
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Furnace Humidifier
  • Boiler Heating System
  • Private Water Source
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2611723420072

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,568

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Hot Tub, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Driveway - Concrete, Fenced Yard - Full, Hot Tub, Inground Sprinkler System, Invisible Fencing, Patio
  • Estimated Number of Acres: 0.38
  • Construction: Previously Owned
  • Foundation Size: 3019
  • Mechanicals: Air to Air Exchange, Central Vacuum, Electronic Air Filter, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 2611723420072
  • Projected Closed Date: 09/30/2013
  • Stories: 2 Story
  • Street Designation: Place
  • Taxes With Assessments: 19568
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Two Basement Baths, Whirlpool
  • Total Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Room 1: Living Room, 25x17, On Level: Main
  • Room 2: Dining Room, 12x15, On Level: Main
  • Room 3: Family Room, 22x17, On Level: Main
  • Room 4: Kitchen, 22x19, On Level: Main
  • Room 5: Bedroom, 18x16, On Level: Main
  • Room 6: Bedroom, 16x13, On Level: Upper
  • Room 7: 12x15, On Level: Upper
  • Room 8: Bedroom, 14x14, On Level: Upper
  • Room 9: Bedroom, 13x14, On Level: Lower
  • Room 10: Dining Room, 12x9, On Level: Main
  • Room 11: Den/Office, 12x15, On Level: Main
  • Room 12: Rec Room, 27x16, On Level: Lower
  • Room 13: Media Room, 17x15, On Level: Lower
  • Room 14: Other, 18x11, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 4670
  • Below Grade Finished Sq Ft: 1987
  • Total Fin Square Footage: 6657

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Brick, Stucco
  • Pool: Heated, In-Ground, Outdoor
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Boiler, Forced Air, In Floor
  • Sewer: City
  • Water: Private

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 174x129x17
  • Lot/Land Description: Corner Lot, Cul De Sac, Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2013
  • Tax Value: 19568

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2013
Closed on
Sep 16, 2013
Sold by
Americana Community Bank
Bought by
Thomes Eric J and Thomes Carolyn B
Seller's Agent
Michael Wasem
Edina Realty, Inc.
Buyer's Agent
Christy Kimbrel
Keller Williams Premier Realty
List Price
$1,699,000
Sold Price
$1,580,000
Premium/Discount to List
-$119,000
-7%
Current Estimated Value
$2,826,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,246,052
Avg. Annual Appreciation
4.95%
Original Mortgage
$1,280,000
Outstanding Balance
$954,421
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,871,631

Purchase Details

Closed on
Feb 13, 2009
Sold by
Americana Community Bank
Bought by
Wherely Mitchell

Purchase Details

Closed on
Jan 9, 2007
Sold by
10Spring Homes Inc
Bought by
Lindberg Shin On J and Lindberg Ann B

Purchase Details

Closed on
Sep 16, 2005
Sold by
Bausman Nancy L
Bought by
10 Spring Inc

Purchase Details

Closed on
Aug 19, 2004
Sold by
Yule Elizabeth
Bought by
Bausman Nancy L
Source: Public Records

Range of Values:

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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
Thomes Eric J $1,600,000 Title Support Services
Wherely Mitchell $1,800,000 --
Lindberg Shin On J $2,980,000 --
10 Spring Inc $400,000 --
Bausman Nancy L $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomes Eric J $1,280,000
Closed Wherely Mitchell --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $1,580,000 -7.0% $237 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $1,699,000 -- $255 / 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
2024 $30,214 $2,494,100 $725,000 $1,769,100
2023 $27,559 $2,424,600 $668,500 $1,756,100
2022 $23,850 $2,206,000 $595,000 $1,611,000
2021 $23,756 $1,873,000 $580,000 $1,293,000
2020 $23,558 $1,836,000 $580,000 $1,256,000
2019 $23,234 $1,738,000 $463,000 $1,275,000
2018 $21,501 $1,679,000 $426,000 $1,253,000
2017 $21,854 $1,550,000 $350,000 $1,200,000
2016 $20,118 $1,394,000 $495,000 $899,000
2015 $20,320 $1,394,000 $495,000 $899,000
2014 -- $1,322,000 $418,000 $904,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4463946

REALTOR® Association of Southern Minnesota

APN: 26-117-23-42-0072