NOT LISTED FOR SALE

5860 Christmas Lake Rd Excelsior, MN 55331

Estimated Value: $1,123,000 - $2,047,000

2.84 Acres
$565,642 Price per Acre
123,710 Sq Ft Lot

Last Sold October 15, 2014

Last sale price $350,000

Est. 359% increase in value since last sale

Current estimated payment $9,826/month

105 Days on Market

Highlights

  • 80 Feet of Waterfront
  • 2.84 Acre Lot
  • Many Trees
  • Excelsior Elementary School Rated A
  • Agricultural
  • Lot Has A Rolling Slope

About This Lot

As of October 2014

WALK TO EXCELSIOR. PRIVATE, HEAVILY WOODED BLDG SITE W/ 80' OF LAKESHORE ON CHRISTMAS LAKE. BLDG SITE IS WOODED WALKOUT SITE SET BACK FROM LAKESHORE. NEW DRIVEWAY WILL SERVE SITE. PERFECT BLDG SITE FOR SECLUDED HOME & THE BENEFITS OF PRIVATE LAKSHORE DOCK

Last Agent to Sell the Property

Robert Ritter

RE/MAX Results Listed on: 06/25/2014

Co-Listed By

Mary Ritter

RE/MAX Results

Last Buyer's Agent

Richard Willis

Roger Fazendin REALTORS, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,010

Lot Details

  • 2.84 Acre Lot
  • 80 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3511723420030

Property Details

Property Type

Land

Est. Annual Taxes

$16,010

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Estimated Wooded Acres: 2.84
  • Parcel Number: 3511723420030
  • Projected Closed Date: 10/20/2014
  • Road Between Waterfront And Home: Yes
  • Street Designation: Road
  • Taxes With Assessments: 4375.07
  • Estimated Number of Acres: 2.84
  • Additional Information: Easements, Platted, Survey
  • Development Status: Finished Lot
  • Land Improvements: Dead End/No Outlet, Paved
  • Topography: Rolling, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 271
  • Waterfront Name: Christmas
  • Waterfront: Yes
  • Water Frontage: 80
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: Cable Tv, Electric, Natural Gas, Private Well, Telephone

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: Irregular Lot, Tree Coverage - Heavy, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Oct 15, 2014
Sold by
Danser George
Bought by
Lambert Brian J and Lambert Katherine M
Seller's Agent
Robert Ritter
RE/MAX Results
Buyer's Agent
Richard Willis
Roger Fazendin REALTORS, Inc
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$1,606,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,256,422
Avg. Annual Appreciation
14.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lambert Brian J $350,000 Title Recording Services Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $350,000 -12.3% --
10/08/2014 10/08/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $399,000 -- --
Source: REALTOR® Association of Southern Minnesota

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 $16,010 $1,232,300 $518,300 $714,000
2023 $14,859 $1,198,600 $534,200 $664,400
2022 $12,691 $1,103,000 $504,000 $599,000
2021 $12,634 $918,000 $420,000 $498,000
2020 $13,181 $907,000 $420,000 $487,000
2019 $12,670 $902,000 $420,000 $482,000
2018 $12,572 $865,000 $392,000 $473,000
2017 $7,048 $511,000 $342,000 $169,000
2016 $5,987 $358,000 $358,000 $0
2015 $6,324 $375,000 $375,000 $0
2014 -- $323,000 $323,000 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Ritter

    RE/MAX

  • M

    Seller Co-Listing Agent in 2014

    Mary Ritter

    RE/MAX

  • R

    Buyer's Agent in 2014

    Richard Willis

    Roger Fazendin REALTORS, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4662080

REALTOR® Association of Southern Minnesota

APN: 35-117-23-42-0030

Minnesota Hennepin County Excelsior 55331

5860 Christmas Lake Rd, Excelsior, MN

This home is located at 5860 Christmas Lake Rd, Excelsior, MN 55331 since 25 June 2014 and is currently estimated at $1,606,422. 5860 Christmas Lake Rd is a home located in Hennepin County with nearby schools including Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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