NOT LISTED FOR SALE

5481 Grant Lorenz Rd Excelsior, MN 55331

Estimated Value: $524,000 - $601,209

3 Beds
2.5 Baths
2,390 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $515,000 $215 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,547/month

7 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • Minnewashta Elementary School Rated A
  • Porch
  • Combination Dining and Living Room

About This Home

As of July 2024

Check out this recently updated and refreshed, charming home located close enough to hear the loons from Lake Minnetonka in Shorewood on a private, wooded lot. This beautiful home offers 3BRs, 3BAs, 3+ garage stalls, a large fenced in backyard, new furnace winter of 2019, new roofs on all buildings in Fall of 2020, updates throughout all while being nestled on just under an acre lot. The 4-season porch is a perfect place to sip your morning coffee, read a book or watch the wildlife. This home offer’s location, move in ready and award winning Minnetonka schools. Enjoy easy access to Howards Point Marina, walking and biking trails, grocery stores, schools, fitness centers and more. Only 2 miles to downtown Excelsior, where you will find charming shops, great restaurants and of course Lake Minnetonka. Close to Hwy 7, and major freeways for an easy commute. This one you won't want to miss!!

Last Agent to Sell the Property

Randy Koeppl

Hendrickson Home Team LLC Listed on: 04/19/2024

Hendrickson Home Team LLC

Last Buyer's Agent

Timothy Berg

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,483

Year Built

  • Built in 1987

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 100x418
  • Chain Link Fence
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Drain
  • Basement Window Egress

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3211723120034

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,483

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1987
  • Above Grade Finished Sq Ft: 1290
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Rented
  • Fireplace Features: Family Room, Gas
  • Living Area: 2390
  • Below Grade Finished Sq Ft: 1100
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Four Season Porch

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 568
  • ParkingOpen: 4

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Vaulted Ceiling(s)

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x418
  • Lot Size Sq Ft: 40946.4
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3211723120034
  • Tax Annual Amount: 5483
  • TaxWithAssessments: 6046.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 28, 2024
Sold by
Koeppl Joel and Koeppl Michelle
Bought by
Jagerson Michael and Jagerson Madeline
Seller's Agent
Randy Koeppl
Hendrickson Home Team LLC
Buyer's Agent
Timothy Berg
Edina Realty, Inc.
List Price
$519,900
Sold Price
$515,000
Premium/Discount to List
-$4,900
-0.94%
Views
33
Current Estimated Value
$546,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,313
Avg. Annual Appreciation
2.12%
Original Mortgage
$515,000
Outstanding Balance
$511,126
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$15,897

Purchase Details

Closed on
May 19, 2021
Sold by
Koeppl Joel and Koeppl Michelle
Bought by
Koeppl Joel and Koeppl Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2016
Sold by
Yelsey Alan and Berg Lori
Bought by
Koeppi Joel

Purchase Details

Closed on
Dec 13, 2013
Sold by
Yesley Alan A and Berg Lois A
Bought by
Guercia Malia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2011
Sold by
Yelsey Alan A and Berg Lois A
Bought by
Ramos Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
3%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 4, 2009
Sold by
Not Provided
Bought by
Overgard Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.4%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jagerson Michael $515,000 --
Koeppl Joel -- First American Title Ins Co
Koeppi Joel $355,000 None Available
Guercia Malia $355,000 None Available
Ramos Aurora -- Old Republic Title Co
Ramos Aurora $318,000 --
Overgard Eric $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jagerson Michael $515,000
Previous Owner Koeppl Joel $309,500
Previous Owner Koeppl Joel $31,497
Previous Owner Koeppl Joel $273,000
Previous Owner Guercia Malia $355,000
Previous Owner Ramos Aurora $318,000
Previous Owner Overgard Eric $344,000
Previous Owner Berg Lois A $348,460
Previous Owner Yelsey Alan $207,178
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $515,000 -0.9% $215 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $519,900 -- $218 / 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 $6,355 $499,300 $159,100 $340,200
2022 $5,805 $483,000 $152,000 $331,000
2021 $6,084 $415,000 $130,000 $285,000
2020 $6,126 $417,000 $141,000 $276,000
2019 $6,016 $410,000 $141,000 $269,000
2018 $5,337 $392,000 $135,000 $257,000
2017 $5,398 $357,000 $123,000 $234,000
2016 $5,485 $350,000 $139,000 $211,000
2015 $4,830 $347,000 $136,000 $211,000
2014 -- $292,000 $121,000 $171,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6521729

NorthstarMLS

APN: 32-117-23-12-0034