NOT LISTED FOR SALE

Estimated Value: $330,573 - $1,354,000

2 Beds
2 Baths
1,932 Sq Ft
$1,310/mo HOA Fee

Last Sold May 23, 2024

Last sale price $1,200,000 $621 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $5,472/month

Highlights

  • Lake Front
  • Dock Facilities
  • Sauna
  • Excelsior Elementary School Rated A
  • Heated In Ground Pool
  • Bonus Room

About This Home

As of May 2024

Enjoy condo living in picturesque downtown Excelsior. This stunning corner unit condo offers main level living with breathtaking, panoramic Lake views, spectacular amenities, and a great location within walking distance of the Port of Excelsior and many shops and restaurants. Enjoy 2 bedrooms, 2 bathrooms, a spacious walk-in closet, and main-floor laundry. Walk out onto a private patio with ample lake views. The updated kitchen features an eat-in area, newer appliances, Corian countertops, an ice maker, a large center island, and a quaint window seat. Wood floors, wood shutters, a cozy wood-burning fireplace, and fresh paint make this home move-in ready. The bonus room across the hall can be used as an office, guest room, storage, or anything you imagine. Amenities include a parking garage with 2 designated spots, a dock, boat slip, tennis courts, heated pool, sauna, hot tub, workout room, and beautiful outdoor spaces.

Last Agent to Sell the Property

Margaret Trenary

Trenary Realty Group Listed on: 05/17/2024

Last Buyer's Agent

Jeffrey Dewing

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,918

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $1,310 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Den
  • Bonus Room
  • Sauna
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Patio

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 3511723220049

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • Low-Rise Condominium
  • Condo 0344 Excelsior Bay Gables Subdivision

Recreation

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,918

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,310 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Boat Slip, Dock, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Sauna, Security, Security Lighting, Tennis Court(s)
  • Fee Frequency: Monthly
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 1932
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1932
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other, Range, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Living Area: 1932
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Den, Kitchen, Laundry, Bedroom 1, Bedroom 2, Bathroom, Walk In Closet, Dining Room, Living Room, Bonus Room
  • Shared Rooms: Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: Below Ground, Heated, Shared
  • View: Bay, Lake, Panoramic
  • PatioPorchType: Patio
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Underground

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 1310
  • Association: Yes
  • Amenities Unit: Cable,Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Boat Slip,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 1916.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3511723220049
  • Tax Annual Amount: 10918
  • TaxWithAssessments: 10918.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
May 23, 2024
Sold by
John E Thomas Revocable Trust and Thomas Mark J
Bought by
Lake Street 118 Llc
Seller's Agent
Margaret Trenary
Trenary Realty Group
Buyer's Agent
Jeffrey Dewing
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$757,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$442,166
Avg. Annual Appreciation
-15.73%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Thomas John E
Bought by
Thomas John E and John E Thomas Revocable Trust Agreement

Purchase Details

Closed on
May 29, 2013
Sold by
Thomas John E
Bought by
Thomas John E

Purchase Details

Closed on
Oct 15, 2012
Sold by
Thomas John E
Bought by
Thomas John E and John E Thomas Revocable Trust
Source: Public Records

Range of Values:

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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
Lake Street 118 Llc $1,200,000 Burnet Title
Thomas John E -- None Available
Thomas John E -- None Available
Thomas John E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner John E Thomas Revocable Trust $320,000
Previous Owner Thomas John E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $1,200,000 0.0% $621 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $1,200,000 -- $621 / 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 $160 $17,500 $4,000 $13,500
2022 $148 $17,000 $3,000 $14,000
2021 $146 $14,000 $3,000 $11,000
2020 $188 $14,000 $3,000 $11,000
2019 $141 $14,000 $3,000 $11,000
2018 $146 $13,000 $8,000 $5,000
2017 $150 $13,000 $8,000 $5,000
2016 $218 $13,000 $8,000 $5,000
2015 $334 $13,000 $8,000 $5,000
2014 -- $13,000 $8,000 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6535255

NorthstarMLS

APN: 35-117-23-22-0088