$2,400,000
SOLD DEC 20, 2024

60 Crabapple Ln Excelsior, MN 55331

5 Beds
3.5 Baths
4,739 Sq Ft
0.39 Acres

Recently Sold

$506 Per Sq Ft

4% Below List Price

59 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • No HOA
  • Minnewashta Elementary School Rated A
  • Multiple Garages
  • Home Office

About This Home

As of December 2024

Stunning 5 bedroom, 4 bath home in a quiet cove off Gideons Bay. Beautiful 100 feet of level lakeshore includes fabulous landscaping, lakeside firepit, stamped concrete patio and stationary dock that can includes 2 boat slips, one 40 ft, one 30 ft. There is power at the dock and low voltage lighting. A huge plus in the home is the 3-car garage street side and identical space below on the lakeside for all your lake toys. The brand new roof was installed in August of 2024. The home is poured concrete construction.
The front entry is charming and brings you into the living room with double sided gas fireplace. The room off the living room could be used as an office, playroom, or cozy library! The kitchen has an informal dining room with sitting for eight and a huge center island plus a seating area to enjoy your coffee with views of the lake. This floor also has a beautiful guest bathroom and a drop zone off the garage entrance. Up the wide staircase you will find a lakeside balcony that is shared by all the bedrooms. The spacious en-suite has a beautiful bath, with separate shower, double sinks, and whirlpool tub. All the bathrooms in the home have heated floors. Three more bedrooms and full bath and 2nd floor laundry complete this level. Lower level walk out has a cozy theatre room, guest bedroom, 3/4 bath and wet bar with wine cellar. This home is located near the lake Minnetonka Regional Trail and super close to Hazelwood, Maynards, and Downtown Excelsior! See it today!

Last Agent to Sell the Property

Cheryl Brellenthin

Edina Realty, Inc. Listed on: 09/13/2024

Edina Realty, Inc.

Last Buyer's Agent

Michelle Doerrler

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,935

Year Built

  • Built in 2004

Lot Details

  • 0.39 Acre Lot
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Office

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Crescent Beach Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2811723420025

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,935

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 3414
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Wall Oven, Water Softener Owned
  • Fireplace Features: Two Sided, Circulating, Gas, Living Room
  • Living Area: 4739
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1325
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Media Room, Office

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • View: Bay, North
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Covered,Patio
  • Lake Acres: 14205
  • Lake Bottom: Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Multiple Garages, Underground
  • Garage Square Feet: 739

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Dock,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,In-Ground Sprinkler

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 16988.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2811723420025
  • Tax Annual Amount: 25935
  • TaxWithAssessments: 25935.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 18, 2024
Sold by
Gary K Simmons Revocable Trust and Beverly C Erickson-Simmons Revocable Tru
Bought by
Meyer Chad Warren and Meyer Cathy
Seller's Agent
Cheryl Brellenthin
Edina Realty, Inc.
Buyer's Agent
Michelle Doerrler
Coldwell Banker Realty
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Total Days on Market
59
Views
32
Current Estimated Value
$2,385,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,572
Avg. Annual Appreciation
-1.24%
Original Mortgage
$766,550
Outstanding Balance
$764,571
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,620,857

Purchase Details

Closed on
Nov 21, 2012
Sold by
Simmons Gary and Erickson Simmons Beverly C
Bought by
Simmons Gary K and Gary K Simmons Revocable Trust

Purchase Details

Closed on
Feb 27, 2009
Sold by
Jpmorgan Chase Bank Na
Bought by
Simmons Gary and Erickson Simmons Beverly R

Purchase Details

Closed on
Apr 22, 2004
Sold by
Spruce Hill Properties Inc
Bought by
Vogstrom Paul T and Vogstrom Luana
Source: Public Records

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Range of Values:

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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 $2,400,000 Edina Realty Title
Interfamily Deed Transfer -- None Available
Warranty Deed $1,100,000 --
Warranty Deed $484,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,550 New Conventional
Previous Owner $416,408 New Conventional
Previous Owner $2,025,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Credit Line Revolving
Previous Owner $1,680,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $2,400,000 -4.0% $506 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $2,500,000 -- $528 / 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 $25,935 $2,200,100 $1,232,100 $968,000
2022 $20,244 $1,994,000 $1,173,000 $821,000
2021 $17,948 $1,558,000 $903,000 $655,000
2020 $18,877 $1,375,000 $743,000 $632,000
2019 $19,081 $1,375,000 $743,000 $632,000
2018 $18,044 $1,371,000 $743,000 $628,000
2017 $18,923 $1,346,000 $675,000 $671,000
2016 $16,970 $1,196,000 $575,000 $621,000
2015 $15,485 $1,096,000 $475,000 $621,000
2014 -- $1,030,000 $450,000 $580,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6592392

NorthstarMLS

APN: 28-117-23-42-0025