NOT LISTED FOR SALE

5615 Covington Rd Excelsior, MN 55331

Estimated Value: $1,352,000 - $1,477,735

4 Beds
3 Baths
4,935 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $1,350,000 $274 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,694/month

3 Days on Market

Highlights

  • 71,874 Sq Ft lot
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom
  • Deephaven Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of October 2023

Wonderful country estate type setting on 1.65 acres across from Christmas Lake. The home’s filled with charm & character with gracious room sizes and a great flow throughout. Vast Vaulted family room with a woodburning fireplace and a wall of bookshelves and windows to the east. Remodeled center island kitchen overlooking the beautiful fenced perennial gardens. Mudroom to the attached 3 car garage. Main floor primary bedroom with a fireplace and adjacent office/ nursery/ closet. Great living room and dining room plus a 3 season porch. 3 spacious bedrooms and a loft space and remodeled full bath up. The walkout level has an additional family room with a 4th fireplace and a bar. A long meandering driveway to the courtyard front entrance. Roof, LP board siding and windows recently replaced, 2 newer HVAC units. . There is a great lawn for kids to play in. This is a close-knit community. Silverwood Park is a block away and convenient to all that the town of Excelsior has to offer.

Last Agent to Sell the Property

John Everett

Edina Realty, Inc. Listed on: 07/28/2023

Edina Realty, Inc.

Last Buyer's Agent

Anthony Marceau

Twin Cities Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,098

Year Built

  • Built in 1948

Lot Details

  • 1.65 Acre Lot
  • Partially Fenced Property
  • Irregular Lot
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Loft

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Filtration System
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3611723130041

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,098

Year Built

Built in 1948

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: 4
  • Water Source: Well
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 4030
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Partial
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Brick, Family Room, Full Masonry, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 4935
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 905
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Porch, Deck, Loft

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • PoolFeatures: None
  • Fencing: Partial
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Front Porch,Patio,Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, Humidifier, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Paneled Doors,Porch,Panoramic View,Security System,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irreg
  • Lot Size Sq Ft: 71874
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3611723130041
  • Tax Annual Amount: 12098
  • TaxWithAssessments: 12098.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Oct 3, 2023
Sold by
Everett William Bertram
Bought by
Glykofridis Kristy and Glykofridis Steven
Seller's Agent
John Everett
Edina Realty, Inc.
Buyer's Agent
Anthony Marceau
Twin Cities Real Estate Group
List Price
$1,275,000
Sold Price
$1,350,000
Premium/Discount to List
$75,000
5.88%
Views
120
Current Estimated Value
$1,426,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,434
Avg. Annual Appreciation
2.55%
Original Mortgage
$810,000
Outstanding Balance
$791,272
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$635,162
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Glykofridis Kristy $1,350,000 Gibraltar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glykofridis Kristy $810,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $1,350,000 +5.9% $274 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $1,275,000 -- $258 / 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
2024 $14,553 $1,120,800 $473,200 $647,600
2023 $14,666 $1,177,800 $560,800 $617,000
2022 $10,243 $974,000 $413,000 $561,000
2021 $9,611 $753,000 $269,000 $484,000
2020 $9,111 $706,000 $252,000 $454,000
2019 $9,410 $645,000 $218,000 $427,000
2018 $9,343 $660,000 $220,000 $440,000
2017 $9,166 $639,000 $202,000 $437,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6391118

NorthstarMLS

APN: 36-117-23-13-0041