$550,000
SOLD AUG 11, 2025

5745 Echo Rd Excelsior, MN 55331

4 Beds
2 Baths
2,295 Sq Ft
0.64 Acres

Recently Sold

$240 Per Sq Ft

4% Below List Price

74 Days on Market

Highlights

  • Home fronts a pond
  • Lake View
  • Main Floor Primary Bedroom
  • Minnewashta Elementary School Rated A
  • Family Room with Fireplace
  • No HOA

About This Home

As of August 2025

Back on Market; Buyers couldn't perform. Now's your chance to own this gem of a home! You can "have it all" with this home and location! Beautifully updated home, spacious, light-filled walkout. Large 2 car garage, plenty of storage, separate storage shed. Patio and flat backyard slopes to pond with views of Lake Mary. Mature shade trees.
Private location on a sweet street of wonderful older homes. Neighbors gather for events several times yearly. Easy access to the Regional Trails, parks & Lake Minnetonka. Great Walkability: 15 minute walk to downtown Excelsior. Even closer to Joey Nova's, Hazelwood restaurants & Country Club Lanes.
Guarantees your spot in top-rated Minnetonka school district. St Theresa & Blake private schools w/busing within 1.5 miles.

Last Agent to Sell the Property

Laura Ely

Coldwell Banker Realty Brokerage Phone: 952-367-6979 Listed on: 04/29/2025

Coldwell Banker Realty

Last Buyer's Agent

Allison Osen

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,322

Year Built

  • Built in 1965

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 160' x 254' x15' x 316' x 40'
  • Home fronts a pond
  • Few Trees

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Pitched Roof

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Water Filtration System
  • Private Water Source
  • Well
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Echo Hills 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3311723140037

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,322

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled, Private, Well
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1404
  • Water Body Name: Mary
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Attribution Contact: 952-367-6979
  • Attribution Contact: 952-367-6979
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Electric Water Heater, Water Filtration System, Microwave, Refrigerator, Wall Oven, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 2295
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 891
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Informal Dining Room, Living Room, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Bedroom 4, Bathroom

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • View: East, Lake
  • Other Structures: Dog Kennel, Storage Shed
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Patio,Rear Porch
  • LakeChain: N

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener, Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Electric,Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Satelite Dish,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 160' x 254' x15' x 316' x 40'
  • Lot Size Sq Ft: 27878.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3311723140037
  • Tax Annual Amount: 5322
  • TaxWithAssessments: 5322.0000

Multi Family

  • WaterfrontFeatures: Lake View, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
Aug 11, 2025
Sold by
Shaw Robert W and Shaw Roxanne S
Bought by
Cottle Billy and Cottle Krysten
Seller's Agent
Laura Ely
Coldwell Banker Realty
Buyer's Agent
Allison Osen
Keller Williams Premier Realty
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
201
Current Estimated Value
$555,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,593
Avg. Annual Appreciation
2.77%
Original Mortgage
$538,255
Outstanding Balance
$537,789
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$17,804
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 Type Sale Price Title Company
Warranty Deed $550,000 Legacy Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $538,255 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 Sold $550,000 0.0% $240 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $550,000 -1.8% $240 / Sq Ft
06/05/2025 06/05/25 Price Changed $560,000 -2.6% $244 / Sq Ft
05/02/2025 05/02/25 For Sale $575,000 -- $251 / 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 $5,411 $466,800 $216,700 $250,100
2023 $5,322 $475,600 $224,400 $251,200
2022 $4,183 $455,000 $224,000 $231,000
2021 $4,265 $334,000 $135,000 $199,000
2020 $4,044 $337,000 $144,000 $193,000
2019 $4,026 $307,000 $127,000 $180,000
2018 $3,842 $304,000 $127,000 $177,000
2017 $3,628 $274,000 $110,000 $164,000
2016 $3,468 $259,000 $116,000 $143,000
2015 $3,066 $232,000 $89,000 $143,000
2014 -- $216,000 $93,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6590895

NorthstarMLS

APN: 33-117-23-14-0037