$3,900,000
SOLD MAR 31, 2025

60 W Point Ave Excelsior, MN 55331

5 Beds
5 Baths
4,008 Sq Ft
0.28 Acres

Recently Sold

$973 Per Sq Ft

2% Below List Price

0 Day on Market

Highlights

  • 75 Feet of Waterfront
  • Family Room with Fireplace
  • Double Oven
  • Minnewashta Elementary School Rated A
  • No HOA
  • The kitchen features windows

About This Home

As of March 2025

This home is located at 60 W Point Ave, Excelsior, MN 55331 and is currently priced at $3,900,000, approximately $973 per square foot. This property was built in 2016. 60 W Point Ave is a home located in Hennepin County with nearby schools including Minnewashta Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Last Agent to Sell the Property

Timothy Beduhn

Coldwell Banker Realty Brokerage Phone: 612-275-4205 Listed on: 02/12/2025

Coldwell Banker Realty

Last Buyer's Agent

Timothy Beduhn

Coldwell Banker Realty Brokerage Phone: 612-275-4205 Listed on: 02/12/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,763

Year Built

  • Built in 2016

Lot Details

  • 0.28 Acre Lot
  • 75 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 4,008 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2211723320020

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,763

Year Built

Built in 2016

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: 3
  • Water Source: City Water/Connected
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 4008
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-275-4205
  • Attribution Contact: 612-275-4205
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Dishwasher, Double Oven, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Fireplace Features: Family Room, Gas, Wood Burning
  • Living Area: 4008
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • View: Lake, North, Panoramic, West
  • PatioPorchType: Covered,Patio
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Washer/Dryer Hookup,Walk-Up Attic

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2211723320020
  • Tax Annual Amount: 21763
  • TaxWithAssessments: 21763.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2025
Sold by
Lee Nicholas Wells
Bought by
70 West Point Llc
Current Estimated Value
$3,734,982

Purchase Details

Listed on
Feb 12, 2025
Closed on
Mar 26, 2025
Sold by
Restatement Of Philip M Rolchigo Trust and Restatement Of Judy L Rolchigo Trust
Bought by
Lee Nicholas W
Seller's Agent
Timothy Beduhn
Coldwell Banker Realty
Buyer's Agent
Timothy Beduhn
Coldwell Banker Realty
List Price
$4,000,000
Sold Price
$3,900,000
Premium/Discount to List
-$100,000
-2.5%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.07%
Original Mortgage
$1,500,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2019
Sold by
Rolchigo Philip M and Rolchigo Judy L
Bought by
Rolchigo Phillip M and Rolchigo Judy L

Purchase Details

Closed on
Sep 29, 2016
Sold by
Noll Lynn R and Noll Thomas J
Bought by
Rolchigo Philip M and Rolchigo Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2015
Sold by
Sturgeon David L
Bought by
Noll Thomas J and Noll Lynn R

Purchase Details

Closed on
Nov 15, 2010
Sold by
Hanson Bernard M and Hanson Andis I
Bought by
Noll Thomas J and Noll Lynn R
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 Type Sale Price Title Company
Quit Claim Deed $500 None Listed On Document
Deed $3,900,000 None Listed On Document
Warranty Deed $500 None Available
Warranty Deed $785,000 Burnet Title
Deed -- None Available
Warranty Deed $460,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $588,750 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $3,900,000 -2.5% $973 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $4,000,000 -- $998 / 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 $25,340 $2,040,500 $1,312,300 $728,200
2023 $21,764 $1,858,500 $1,215,100 $643,400
2022 $17,278 $1,776,000 $1,203,000 $573,000
2021 $16,814 $1,341,000 $872,000 $469,000
2020 $16,594 $1,293,000 $830,000 $463,000
2019 $16,766 $1,218,000 $748,000 $470,000
2018 $10,250 $1,214,000 $748,000 $466,000
2017 $10,389 $775,000 $725,000 $50,000
2016 $9,926 $775,000 $725,000 $50,000
2015 $10,857 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6670630

NorthstarMLS

APN: 22-117-23-32-0020