NOT LISTED FOR SALE

5780 Echo Rd Excelsior, MN 55331

Estimated Value: $427,000 - $564,000

3 Beds
2.5 Baths
1,936 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $475,000 $245 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,319/month

116 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Attached Garage
  • Minnewashta Elementary School Rated A
  • The kitchen features windows
  • Living Room

About This Home

As of May 2024

Charming mid-century modern home on a quiet street located in highly-desirable Minnetonka school district as well as St Theresa & Blake private schools w/busing within 1.5 miles. Amazing walkable location, 15 minute walk to downtown Excelsior and just a short jaunt to Hazelwood Restaurant, Joey Nova's Pizza and vintage bowling at Country Club Lanes. Beautiful wood planked vaulted ceilings throughout the main and upper level. Upgraded finishes and open kitchen create the perfect entertaining space! Stainless steel appliances, stone countertops and breakfast bar are just the finishes the buyers have been searching for!  Expansive lot with wide view overlooking Badger Park make the lot feel even larger and more private! Home underwent an extensive remodel in 2015 and has a plethora of charming vintage details combined with high-end updates throughout.

Last Agent to Sell the Property

Michelle Skott Morgan

Coldwell Banker Realty Brokerage Phone: 763-350-7949 Listed on: 12/18/2023

Coldwell Banker Realty

Co-Listed By

Patrick Morgan

Coldwell Banker Realty Brokerage Phone: 763-350-7949

Last Buyer's Agent

Mary Condon

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,654

Year Built

  • Built in 1955

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 81x49x193x67x150

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Rubber Roof

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 3311723140026

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,654

Year Built

Built in 1955

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: 1
  • Water Source: Well
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1022
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-350-7949
  • Attribution Contact: 763-350-7949
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1936
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 914
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Rubber
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Vaulted Ceiling(s),Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 81x49x193x67x150
  • Lot Size Sq Ft: 16596.36
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3311723140026
  • Tax Annual Amount: 5654
  • TaxWithAssessments: 5654.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Apr 30, 2024
Sold by
Hpa Borrower 2019-2 Llc
Bought by
Palm Adam Keith
Seller's Agent
Michelle Skott Morgan
Coldwell Banker Realty
Buyer's Agent
Mary Condon
Coldwell Banker Realty
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
305
Current Estimated Value
$515,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,562
Avg. Annual Appreciation
3.02%
Original Mortgage
$380,000
Outstanding Balance
$377,011
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$116,156

Purchase Details

Closed on
Sep 13, 2016
Sold by
Hp Minnesota I Llc
Bought by
Hpa Borrower 2016 & 2 Llc

Purchase Details

Closed on
Feb 29, 2016
Sold by
Bennett Charles R
Bought by
Hp Minnesota I Llc

Purchase Details

Closed on
Apr 23, 2015
Sold by
Robertson Louise Anastasia
Bought by
Bennett Charles R
Source: Public Records

Range of Values:

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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
Palm Adam Keith $461,029 Realtech Title
Hpa Borrower 2016 & 2 Llc -- Stewart Title
Hp Minnesota I Llc $365,500 Burnet Title
Bennett Charles R $225,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm Adam Keith $380,000
Previous Owner Hpa Borrower 2019-2 Llc $353,018,836
Previous Owner Robertson Louise Anastasia $180,000
Previous Owner Robertson Louise A $143,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $475,000 0.0% $245 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $475,000 -5.0% $245 / Sq Ft
02/22/2024 02/22/24 Price Changed $500,000 -4.8% $258 / Sq Ft
12/18/2023 12/18/23 For Sale $525,000 -- $271 / 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
2023 $5,662 $505,000 $204,000 $301,000
2022 $4,749 $498,000 $204,000 $294,000
2021 $4,729 $373,000 $123,000 $250,000
2020 $4,613 $368,000 $131,000 $237,000
2019 $4,534 $342,000 $115,000 $227,000
2018 $4,324 $334,000 $115,000 $219,000
2017 $4,092 $298,000 $96,000 $202,000
2016 $2,900 $221,000 $101,000 $120,000
2015 -- $197,000 $77,000 $120,000
2014 -- $189,000 $81,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6469905

NorthstarMLS

APN: 33-117-23-14-0026