NOT LISTED FOR SALE

6241 Elm Tree Ave Excelsior, MN 55331

Estimated Value: $543,000 - $611,000

3 Beds
2 Baths
2,160 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $510,500 $236 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,395/month

13 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Family Room with Fireplace
  • Minnewashta Elementary School Rated A
  • Beach
  • Game Room

About This Home

As of August 2023

Welcome to this beautifully updated rambler in the Minnewashta Heights neighborhood on the shores of Lake Minnewashta. Neighborhood park on one end of the street and lake access which includes canoe storage area, swimming beach and a day dock at the other end. Get on the waiting list for your own boat slip. This move in ready home features a totally updated kitchen, two bedrooms, office and living room on the main level. The finished lower level has a large family room with gas burning fireplace and a bedroom. The lower-level full bathroom has in-floor heat. There is also a large laundry room and plenty of storage. The back yard is a 10 with a paver patio, huge screened in gazebo, storage shed and a playhouse with bunk beds, equipped with window air conditioning unit and baseboard heat. Nearby there are excellent bike trails, the Arboretum and charming downtown Excelsior. Award winning Minnetonka Schools with Minnewashta Elementary.

Last Agent to Sell the Property

Max Zinn

Coldwell Banker Realty Brokerage Phone: 612-281-7060 Listed on: 06/28/2023

Coldwell Banker Realty

Co-Listed By

Hans Zinn

Coldwell Banker Realty Brokerage Phone: 612-281-7060

Last Buyer's Agent

Ryan Campbell

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,824

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 102x120x102x119
  • Lake Front
  • Few Trees

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Game Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Dock Facilities
  • Patio
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 254950310

Community Details

Overview

  • Association fees include beach access
  • Minnewashta Heights HOA, Phone Number (612) 281-7060
  • Minnewashta Heights Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,824

Year Built

Built in 1955

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Dock
  • Fee Frequency: Annually
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1232
  • Water Body Name: Minnewashta
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-281-7060
  • Attribution Contact: 612-281-7060
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Storage Space, Sump Pump
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room, Stone, Wood Burning
  • Living Area: 2160
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 928
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Family Room, Game Room, Laundry, Gazebo
  • SqFtTotal: 2464.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Gazebo, Other, Storage Shed
  • PatioPorchType: Patio
  • Lake Acres: 679
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 440

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access
  • Phone: 612-281-7060
  • Association Fee: 77
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Minnewashta Heights HOA

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 102x120x102x119
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 254950310
  • Tax Annual Amount: 3824
  • TaxWithAssessments: 3824.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 10, 2023
Sold by
Nelson Richard O and Nelson Nanette M
Bought by
Liu Xinyi E and Mcgee Kyle D
Seller's Agent
Max Zinn
Coldwell Banker Realty
Buyer's Agent
Ryan Campbell
Bridge Realty, LLC
List Price
$519,500
Sold Price
$510,500
Premium/Discount to List
-$9,000
-1.73%
Views
115
Current Estimated Value
$560,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,137
Avg. Annual Appreciation
4.54%
Original Mortgage
$360,000
Interest Rate
7.09%
Mortgage Type
New Conventional
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
Liu Xinyi E $510,500 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Xinyi E $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $510,500 -1.7% $236 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $519,500 -- $241 / 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
2025 $5,006 $495,000 $182,800 $312,200
2024 $3,896 $474,100 $170,000 $304,100
2023 $3,824 $378,100 $170,000 $208,100
2022 $4,440 $372,800 $162,000 $210,800
2021 $4,580 $340,800 $123,400 $217,400
2020 $4,688 $340,800 $123,400 $217,400
2019 $4,568 $324,000 $117,600 $206,400
2018 $4,178 $324,000 $117,600 $206,400
2017 $4,254 $289,400 $106,800 $182,600
2016 $4,464 $290,200 $0 $0
2015 $4,064 $277,800 $0 $0
2014 $4,064 $235,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6391476

NorthstarMLS

APN: 25.4950310