NOT LISTED FOR SALE

5945 Mill St Excelsior, MN 55331

Estimated Value: $496,000 - $581,974

4 Beds
2 Baths
2,388 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $445,000 $186 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,350/month

54 Days on Market

Highlights

  • Home fronts a pond
  • Multiple Garages
  • Family Room with Fireplace
  • Excelsior Elementary School Rated A+
  • Deck
  • No HOA

About This Home

As of April 2024

Welcome to this stunning home situated alongside a picturesque pond, offering a tranquil setting near an abundance of amenities & only a short distance from Lake Minnetonka. This property boasts numerous updates, including new roof, windows, & furnace, along with a freshly stained exterior ensuring peace of mind for years to come. New stainless appliances, kitchen, entry and bathroom flooring. Step inside to discover a spacious interior, featuring 4 beds & 2 baths, with ample space. The main level showcases 1 of 2 cozy fireplaces that creates a warm & inviting atmosphere. The kitchen offers plenty of counter space for meal prep and ample cupboard space for storage. The walk out lower level features another fireplace, new carpet, built ins, & wet bar offering the perfect spot for entertaining guests or enjoying a quiet evening at home. One of the highlights of this property is the additional tuck under heated garage providing ample space for vehicles, storage, or even a workshop!

Last Agent to Sell the Property

Jolene Holcombe

Keller Williams Classic Realty Listed on: 01/31/2024

Keller Williams Classic Realty

Co-Listed By

Jeremy Balfany

Keller Williams Classic Realty

Last Buyer's Agent

Bob McNamara

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,449

Year Built

  • Built in 1988

Lot Details

  • 1.05 Acre Lot
  • Home fronts a pond

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Heated Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Auditors Sub 120 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511723310049

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,449

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Water Osmosis System, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Other, Wood Burning
  • Living Area: 2388
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1140
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Family Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bar/Wet Bar Room, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Multiple Garages, Tuckunder Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Main Floor Primary Bedroom,Vaulted Ceiling(s),Wet Bar

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 248*162*330*166
  • Lot Size Sq Ft: 45738
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3511723310049
  • Tax Annual Amount: 5449
  • TaxWithAssessments: 5449.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
May 14, 2024
Sold by
Naf Cash Llc
Bought by
Maki Peggy
Seller's Agent
Jolene Holcombe
Keller Williams Classic Realty
Buyer's Agent
Bob McNamara
Coldwell Banker Realty
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Views
310
Current Estimated Value
$533,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,994
Avg. Annual Appreciation
11.32%
Original Mortgage
$344,500
Outstanding Balance
$338,614
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$195,380

Purchase Details

Listed on
Jan 31, 2024
Closed on
Apr 17, 2024
Sold by
Gibson Mary
Bought by
Naf Cash Llc
Seller's Agent
Jolene Holcombe
Keller Williams Classic Realty
Buyer's Agent
Bob McNamara
Coldwell Banker Realty
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Views
310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,500
Outstanding Balance
$338,614
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$195,380

Purchase Details

Closed on
Aug 28, 1998
Sold by
Osullivan Terry J
Bought by
Gibson Mary B
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
Maki Peggy $453,455 --
Naf Cash Llc $445,000 --
Gibson Mary B $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maki Peggy $344,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $445,000 0.0% $186 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/20/2024 03/20/24 Off Market $445,000 -- --
03/17/2024 03/17/24 Price Changed $455,000 -4.2% $191 / Sq Ft
03/05/2024 03/05/24 Price Changed $475,000 0.0% $199 / Sq Ft
03/05/2024 03/05/24 For Sale $475,000 +6.7% $199 / Sq Ft
02/23/2024 02/23/24 Off Market $445,000 -- --
02/08/2024 02/08/24 For Sale $489,900 -- $205 / 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 $6,629 $556,900 $253,200 $303,700
2023 $6,390 $559,900 $251,300 $308,600
2022 $5,283 $480,000 $190,000 $290,000
2021 $5,019 $415,000 $162,000 $253,000
2020 $5,325 $392,000 $146,000 $246,000
2019 $4,838 $396,000 $148,000 $248,000
2018 $4,090 $360,000 $127,000 $233,000
2017 $3,922 $294,000 $92,000 $202,000
2016 $3,798 $281,000 $96,000 $185,000
2015 $3,743 $277,000 $92,000 $185,000
2014 -- $261,000 $98,000 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6483161

NorthstarMLS

APN: 35-117-23-31-0049