NOT LISTED FOR SALE

5765 Eureka Rd Excelsior, MN 55331

Estimated Value: $436,000 - $533,662

2 Beds
2 Baths
1,101 Sq Ft
$450/Sq Ft Est. Value

Last Sold December 05, 2024

Last sale price $467,000 $424 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,123/month

23 Days on Market

Highlights

  • Deck
  • Radiant Floor
  • Stainless Steel Appliances
  • Minnewashta Elementary School Rated A
  • No HOA
  • The kitchen features windows

About This Home

As of December 2024

Nestled in the heart of the lake area community of Shorewood, this delightful cottage has been lovingly renovated to blend timeless charm with modern amenities. This home is a true gem, built over 100 years ago and situated within the award-winning Minnetonka School District. Key features include Stylish renovation keeping the old-time charm, reclaimed hardwood floors, lots of natural light, open spaces, a chef's kitchen complete with high-end appliances, a new pantry and quartz countertops. Bathrooms include upgraded tile, built-in towel warmers and plenty of storage. Equipped with high-efficiency heating and cooling systems, in-floor heating in both bedrooms and primary bath, and a state-of-the-art water filtration system. The refreshed lower level offers endless possibilities—a home office, playroom, art studio, or gym to suit your needs. A storage shed, built-in 2020 with matching smart siding and windows, provides ample storage.
Dog owners will love the secret outdoor pet "den" under the front steps and the invisible fence. Conveniently located near Freeman Park, Lake Minnetonka, and the LRT, this cottage is perfect for those who enjoy outdoor activities and easy access to local amenities. All information is deemed to be true. Buyer and/or Buyer’s agent to verify all measurements.

Last Agent to Sell the Property

Julie Moore

Excelsior Realty Listed on: 09/27/2024

Last Buyer's Agent

Molly Scholle

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1915

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 125 x 98
  • Property has an invisible fence for dogs
  • Partially Fenced Property
  • Wood Fence
  • Many Trees

Home Design

  • Wood Siding

Interior Spaces

  • 1,101 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Radiant Floor
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Sump Pump
  • Block Basement Construction
  • Basement Storage

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Porch

Utilities

  • Mini Split Air Conditioners
  • Vented Exhaust Fan
  • Heat Pump System
  • Hot Water Heating System
  • Boiler Heating System
  • Radiant Heating System
  • Water Filtration System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eureka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3311723230016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,451

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1101
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Storage Space, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Water Heater, Water Filtration System, Water Osmosis System, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
  • Living Area: 1101
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck, Porch, Bathroom

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: Invisible, Partial, Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Deck

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Boiler, Ductless Mini-Split, Heat Pump, Hot Water, Radiant Floor, Radiant
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 125 x 98
  • Lot Size Sq Ft: 11761.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3311723230016
  • Tax Annual Amount: 5451
  • TaxWithAssessments: 5451.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 2, 2024
Sold by
Heieie Jan M and Heieie Caitlin H
Bought by
Joseph Stephanie and Joseph George J
Seller's Agent
Julie Moore
Excelsior Realty
Buyer's Agent
Molly Scholle
Coldwell Banker Realty
List Price
$479,000
Sold Price
$467,000
Premium/Discount to List
-$12,000
-2.51%
Views
50
Current Estimated Value
$495,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,916
Avg. Annual Appreciation
5.78%
Original Mortgage
$432,250
Outstanding Balance
$428,844
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$67,072

Purchase Details

Closed on
Sep 30, 2021
Sold by
Bender Kateryna and Bender Nicholas Joseph
Bought by
Heieie Ian M and Heieie Caitlin H

Purchase Details

Closed on
Dec 17, 2020
Sold by
Bender Nicholas Joseph and Bender Kateryna
Bought by
Bender Nicholas Joseph and Bender Kateryna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2005
Sold by
Ristow Janice L and Ristow Dana
Bought by
Bender Nicholas Joseph

Purchase Details

Closed on
May 19, 1998
Sold by
Svoboda Seth David and Svoboda Angela R
Bought by
Ristow Janice L
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
Joseph Stephanie $467,000 Burnet Title
Joseph Stephanie $467,000 Burnet Title
Heieie Ian M $440,000 Land Title Inc
Bender Nicholas Joseph -- Titlesmart Inc
Bender Nicholas Joseph $233,800 --
Ristow Janice L $88,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Stephanie $432,250
Closed Joseph Stephanie $432,250
Previous Owner Bender Nicholas Joseph $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2024 12/05/24 Sold $467,000 -2.5% $424 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/05/2024 10/05/24 For Sale $479,000 -- $435 / 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 $6,282 $531,900 $276,000 $255,900
2023 $5,451 $487,100 $230,800 $256,300
2022 $3,694 $429,000 $182,000 $247,000
2021 $3,497 $298,000 $126,000 $172,000
2020 $3,539 $281,000 $114,000 $167,000
2019 $3,432 $272,000 $114,000 $158,000
2018 $2,770 $263,000 $114,000 $149,000
2017 $2,834 $220,000 $94,000 $126,000
2016 $2,121 $169,000 $79,000 $90,000
2015 $1,803 $148,000 $58,000 $90,000
2014 -- $147,000 $68,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6609388

NorthstarMLS

APN: 33-117-23-23-0016