$1,100,000
SOLD AUG 28, 2025

5655 Marsh Pointe Dr Excelsior, MN 55331

5 Beds
3.5 Baths
4,287 Sq Ft
0.54 Acres

Recently Sold

$257 Per Sq Ft

8% Below List Price

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Family Room with Fireplace
  • Mud Room
  • Minnewashta Elementary School Rated A
  • Vaulted Ceiling
  • Den

About This Home

As of August 2025

Nestled in the popular Marsh Pointe neighborhood of the Minnetonka School District, this on-trend and thoughtfully updated home feels like newer construction with resort-feel living with your very own beautiful backyard heated pool and within close proximity to Lake Minnetonka’s beaches, Regional Trail, Cathcart Park and Howard’s Pointe Marina. Marsh Pointe is coveted for it’s 2 block distance east to Minnewashta Elementary that includes a special path for the kids to travel together to get to school safely. This special Lundgren built home boasts rear south facing walls of windows for light and bright spaces and an open concept flow throughout the home. The current homeowners of 24 years, have meticulously maintained and modernized the home (see the lengthy improvements list attached). The main floor features a front den and dining area, vaulted Great Room and a convenient mudroom-laundry area that connect to the garage area and a 1⁄2 bath for ease of living. The Kitchen boasts white custom cabinetry, gorgeous countertops, two breakfast bar areas and Thermador/Sub Zero and Bosch appliances – a chef’s delight! Enjoy designer feel elements such as the rich dark stained Walnut hardwood flooring, plantation window shutters, propane fueled fire element in the dining area, special wood and wall papered feature walls, smoothed ceilings and on trend light fixtures throughout the home. The upper level boasts 4 nice sized bedrooms with brand new carpeting and a generous sized updated Primary suite with vaulted ceiling and a beautiful walk-in style shower. The lower level lends a 5th bedroom, 3⁄4 bath, 2 flex rooms (one is shown as an exercise room with brand new carpeting) and a nice sized recreational room that features polished concrete floors and beverage bar. With the close proximity neighborhoods with values upward $MM+ this is a wonderful turn-key move in ready opportunity.

Last Agent to Sell the Property

Darlene Arndt

Coldwell Banker Realty Brokerage Phone: 612-202-5917 Listed on: 08/01/2025

Coldwell Banker Realty

Last Buyer's Agent

Alex Dzuirk

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,582

Year Built

  • Built in 2000

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 129 x 237 x 62 x 235
  • Property is Fully Fenced
  • Wood Fence

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Stone Fireplace
  • Plantation Shutters
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Den
  • Game Room with Fireplace
  • Recreation Room

Kitchen

  • Double Oven
  • Microwave
  • Bosch Dishwasher
  • Dishwasher
  • Wine Cooler
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Underground Utilities
  • Water Filtration System

Additional Features

  • Air Exchanger
  • Heated In Ground Pool

Community Details

  • Marsh Pointe HOA, Phone Number (612) 770-0346
  • Marsh Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3211723240027

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,582

Year Built

Built in 2000

Lot Details

0

HOA Fees

$31 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 2819
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-202-5917
  • Attribution Contact: 612-202-5917
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Finished, Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Washer, Water Softener Rented, Wine Cooler
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room, Other, Stone
  • Living Area: 4287
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1468
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Den, Kitchen, Mud Room, Laundry, Great Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Recreation Room, Flex Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Full, Other, Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Covered,Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 727

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 612-770-0346
  • Association Fee: 375
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Marsh Pointe HOA

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 129 x 237 x 62 x 235
  • Lot Size Sq Ft: 23522.4
  • Land Lease: No
  • Lot Features: Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3211723240027
  • Tax Annual Amount: 12582
  • TaxWithAssessments: 12582.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2025
Closed on
Aug 28, 2025
Sold by
Sundry Stephani M and Sundry Craig A
Bought by
Busch Logan S and Busch Kelly J
Seller's Agent
Darlene Arndt
Coldwell Banker Realty
Buyer's Agent
Alex Dzuirk
Keller Williams Premier Realty Lake Minnetonka
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.58%
Original Mortgage
$880,000
Outstanding Balance
$880,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$280,809

Purchase Details

Closed on
Nov 16, 2001
Sold by
Batchelor James A
Bought by
Sundry Craig and Sundry Stephani

Purchase Details

Closed on
Jan 13, 2001
Sold by
Lundgren Bros Construction Inc
Bought by
Batchelor James A and Mills Brenda K
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Burnet Title
Warranty Deed $470,000 --
Warranty Deed $403,938 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $880,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2025 08/28/25 Sold $1,100,000 -8.3% $257 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $1,199,000 -- $280 / 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 $12,582 $985,500 $320,000 $665,500
2023 $11,498 $945,200 $307,300 $637,900
2022 $9,256 $846,000 $250,000 $596,000
2021 $9,415 $691,000 $176,000 $515,000
2020 $8,746 $696,000 $196,000 $500,000
2019 $7,932 $625,000 $145,000 $480,000
2018 $7,765 $571,000 $128,000 $443,000
2017 $6,592 $480,000 $85,000 $395,000
2016 $6,696 $479,000 $122,000 $357,000
2015 $6,701 $478,000 $122,000 $356,000
2014 -- $479,000 $135,000 $344,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6763857

NorthstarMLS

APN: 32-117-23-24-0027