Seller's Agent in 2024
Margaret Trenary
Trenary Realty Group
(612) 554-0902
26 in this area
171 Total Sales
5575 Sylvan Ln Excelsior, MN 55331
Estimated Value: $582,000 - $763,000
3
Beds
2.5
Baths
2,913
Sq Ft
$232/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Corner Lot
- Stainless Steel Appliances
- Minnewashta Elementary School Rated A
- No HOA
- Cul-De-Sac
About This Home
As of September 2024Welcome to this updated two-story property located on a 1-acre wooded corner lot on a quiet cul-de-sac in the desirable Minnetonka School District. This home offers elegance, convenience, and privacy. The large foyer, with its updated staircase, opens into the light and bright, spacious living room featuring a cozy fireplace. The fully updated kitchen has quartz countertops, white cabinets, stainless steel appliances, and a gas stove. It flows into a comfortable, informal eating area perfect for morning coffee. Entertain in style in the large formal dining room that overlooks the expansive backyard, complete with a deck, patio, and beautifully landscaped gardens. The upper-level primary suite is a true retreat, boasting a large walk-in closet and a full private bath, including a separate shower, tub, and stunning tile. You’ll find a versatile loft/office space on the upper level, two additional bedrooms, and one more full bathroom. The lower level features a large family/amusement room with a wood-burning fireplace and surround sound, perfect for relaxation and entertainment. The laundry is on the lower level with a brand-new washer and dryer and plenty of storage room. Additional highlights include updated flooring, fresh paint, and a charming front porch. The property is conveniently located close to downtown Excelsior, many bike and walking trails, parks, and Lake Minnetonka, offering a blend of serene living with easy access to local amenities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,357
Year Built
- Built in 1964
Lot Details
- 1 Acre Lot
- Lot Dimensions are 180x235x156x239
- Cul-De-Sac
- Corner Lot
- Irregular Lot
- Many Trees
Parking
- 3 Car Attached Garage
- Tuck Under Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Stone Fireplace
- Fireplace Features Masonry
- Gas Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Sitting Room
- Dining Room
- Game Room with Fireplace
- Loft
- Utility Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Water Filtration System
- Well
- Gas Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 3211723120015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2024
Closed on
Sep 30, 2024
Sold by
Peck David and Rankin Diane
Bought by
Stark Kathryn and Haenisch Derek
Seller's Agent
Margaret Trenary
Trenary Realty Group
Buyer's Agent
Stafford Family Realtors
Coldwell Banker Realty
List Price
$649,700
Sold Price
$670,000
Premium/Discount to List
$20,300
3.12%
Views
12
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
$7,250
Avg. Annual Appreciation
0.91%
Original Mortgage
$502,500
Outstanding Balance
$497,356
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$179,894
Purchase Details
Closed on
Mar 7, 2012
Sold by
Peck David E and Rankin Diane M
Bought by
Peck David E and Rankin Diane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
3.86%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Stark Kathryn | $670,000 | -- | |
| Peck David E | -- | Edina Realty Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stark Kathryn | $502,500 | |
| Previous Owner | Peck David E | $365,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $670,000 | 0.0% | $230 / Sq Ft |
| 09/05/2024 09/05/24 | Price Changed | $670,000 | 0.0% | $230 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/28/2024 08/28/24 | Off Market | $670,000 | -- | -- |
| 08/27/2024 08/27/24 | For Sale | $649,700 | -- | $223 / 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 | $5,782 | $496,600 | $184,000 | $312,600 |
| 2023 | $5,357 | $478,700 | $166,300 | $312,400 |
| 2022 | $4,945 | $453,000 | $159,000 | $294,000 |
| 2021 | $5,088 | $390,000 | $136,000 | $254,000 |
| 2020 | $5,123 | $397,000 | $147,000 | $250,000 |
| 2019 | $5,214 | $382,000 | $147,000 | $235,000 |
| 2018 | $4,844 | $386,000 | $153,000 | $233,000 |
| 2017 | $4,892 | $360,000 | $140,000 | $220,000 |
| 2016 | $4,980 | $360,000 | $158,000 | $202,000 |
| 2015 | $4,947 | $357,000 | $155,000 | $202,000 |
| 2014 | -- | $323,000 | $138,000 | $185,000 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Trenary
-
Stafford Family Realtors
Buyer's Agent in 2024
Stafford Family Realtors
Coldwell Banker Burnet
(612) 282-6895
11 in this area
196 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6590204
APN: 32-117-23-12-0015
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