$1,020,000
SOLD NOV 27, 2024

5925 Ridge Rd Excelsior, MN 55331

5 Beds
3 Baths
3,743 Sq Ft
1.23 Acres

Recently Sold

$273 Per Sq Ft

3% Below List Price

121 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Lake View
  • Deck
  • Excelsior Elementary School Rated A
  • Fireplace in Primary Bedroom
  • The kitchen features windows

About This Home

As of November 2024

Welcome to 5925 Ridge Road. This tastefully appointed soft contemporary residence offers a serene and picturesque retreat with lake views immediately upon entering. It is perfectly situated on a gorgeous easterly sloping, wooded lot with striking retaining walls and fresh landscaping . Enjoy the sweeping sunrise views over Silver Lake, creating a breathtaking backdrop. The interior features maple floors and updated baths, complemented by a four-season porch and multiple fireplaces throughout. The primary ensuite has a newer vanity with double sinks and heated floors. The open and inviting entertaining spaces are perfect for gatherings. The beautiful wood floors, birch trim, and cabinetry exude sophistication, while the two-story open spaces and balcony add to the home's airy charm. Providing a blend of comfort and style, offering a very private setting, it is an ideal sanctuary for those seeking tranquility and elegance.

Last Agent to Sell the Property

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 06/15/2024

Coldwell Banker Realty

Last Buyer's Agent

Bryan Tinajero

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,693

Year Built

  • Built in 1988

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 376x200x365x113
  • 88 Feet of Waterfront
  • Lake Front

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Cable TV Available

Community Details

  • Ridge Road North Association, Phone Number (612) 790-8762

Listing and Financial Details

  • Assessor Parcel Number 3611723310017

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,693

Year Built

Built in 1988

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Fee Frequency: Annually
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 2643
  • Water Body Name: Silver
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Sump Pump, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Water Filtration System, Iron Filter, Microwave, Oil Water Heater, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Free Standing, Gas, Insert, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 3743
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1100
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Four Season Porch, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Deck

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Lake
  • PatioPorchType: Deck,Patio
  • Lake Acres: 73
  • LakeChain: N
  • Waterfront Frontage: 88

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Electric, Garage Door Opener
  • Garage Square Feet: 704

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 612-790-8762
  • Association Fee: 385
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Skylight,In-Ground Sprinkler,Sun Room,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Ridge Road North

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 376x200x365x113
  • Lot Size Sq Ft: 53578.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3611723310017
  • Tax Annual Amount: 11693
  • TaxWithAssessments: 11693.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Nov 27, 2024
Sold by
Roberts Hugh and Roberts Ingrid
Bought by
Gonzalez Jeffrey and Samson Margot
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Bryan Tinajero
RE/MAX Advantage Plus
List Price
$1,050,000
Sold Price
$1,020,000
Premium/Discount to List
-$30,000
-2.86%
Views
134
Current Estimated Value
$1,097,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,404
Avg. Annual Appreciation
9.33%
Original Mortgage
$816,000
Outstanding Balance
$809,137
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$288,267

Purchase Details

Listed on
Jun 15, 2024
Closed on
Nov 19, 2024
Sold by
Roberts Hugh J and Roberts Ingrid U
Bought by
Gonzalez Jeffrey and Samson Margot
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Bryan Tinajero
RE/MAX Advantage Plus
List Price
$1,050,000
Sold Price
$1,020,000
Premium/Discount to List
-$30,000
-2.86%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,000
Outstanding Balance
$809,137
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$288,267

Purchase Details

Closed on
Jun 9, 2016
Sold by
Walsleben Robert G
Bought by
Roberts Hugh J and Roberts Ingrid U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2014
Sold by
Zinn Maximilian C
Bought by
Walsleben Robert G and Walsleben Marti P

Purchase Details

Closed on
Dec 6, 2004
Sold by
Bartschat Michael K
Bought by
Zinn Maximilian C and Zinn Jennifer A

Purchase Details

Closed on
Sep 8, 2000
Sold by
Lesueur Lohr
Bought by
Bartschat Michael K and Bartschat Anita E
Source: Public Records

Range of Values:

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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
Deed $1,020,000 --
Warranty Deed $1,020,000 Watermark Title
Warranty Deed $1,020,000 Watermark Title
Warranty Deed $780,000 Burnet Title
Warranty Deed -- Burnet Title
Warranty Deed $675,000 Burnet Title
Warranty Deed $684,500 --
Warranty Deed $435,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $816,000 New Conventional
Closed $816,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $430,000 Adjustable Rate Mortgage/ARM
Previous Owner $60,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $1,020,000 -2.9% $273 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $1,050,000 0.0% $281 / Sq Ft
09/09/2024 09/09/24 For Sale $1,050,000 +2.9% $281 / Sq Ft
09/04/2024 09/04/24 Off Market $1,020,000 -- --
07/12/2024 07/12/24 Price Changed $1,125,000 -3.8% $301 / Sq Ft
06/15/2024 06/15/24 For Sale $1,169,000 -- $312 / 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 $12,877 $1,043,700 $461,100 $582,600
2022 $11,049 $944,000 $433,000 $511,000
2021 $10,745 $806,000 $346,000 $460,000
2020 $11,252 $780,000 $346,000 $434,000
2019 $10,820 $778,000 $346,000 $432,000
2018 $11,115 $747,000 $346,000 $401,000
2017 $11,436 $777,000 $390,000 $387,000
2016 $9,232 $634,000 $340,000 $294,000
2015 $8,264 $574,000 $280,000 $294,000
2014 -- $578,000 $304,000 $274,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6525724

NorthstarMLS

APN: 36-117-23-31-0017