NOT LISTED FOR SALE

6305 Maple Ridge Ln Excelsior, MN 55331

Estimated Value: $2,719,000 - $3,412,038

5 Beds
4.5 Baths
5,198 Sq Ft
$602/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $1,914,000 $368 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $20,743/month

141 Days on Market

Highlights

  • Lake Front
  • Beach View
  • Heated In Ground Pool
  • Minnewashta Elementary School Rated A
  • Dock Available
  • Heated Floors

About This Home

As of October 2018

Remarkable views atop bluffs on Lake Minnetonka. Arthur Dickey designed the floorpan to include both gregarious and introspective spaces. Noteworthy is the savvy kitchen, scotch bar in the media room, pool with jacuzzi and ornate Streeter & Associates private guest suite. The private 1.06 acre cul-de-sac lot consists of a modest lawn, accessible woods and lakeside pool with fire pit. 126 feet of lakeshore on crystal clear Smithtown Bay with private neighborhood beach. Minnetonka Schools.

Last Listed By

Paul Johnson

Lakes Sotheby's International Listed on: 04/25/2018

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,086

Year Built

  • Built in 1983

Lot Details

  • 1.06 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Split Rail Fence
  • Partially Fenced Property

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Heated Garage
  • Garage Door Opener

Property Views

  • Beach
  • Bay

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Pitched Roof
  • Asphalt Shingled Roof
  • Tar and Gravel Roof
  • Rubber Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Entertainment System
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Home Gym

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Eco-Friendly Details

  • Air Exchanger

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Dock Available
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • Association fees include beach access
  • Bayshore Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 651650130

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,086

Year Built

Built in 1983

Lot Details

0

HOA Fees

$25 per month

Parking

5

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Stucco
  • Garage Spaces: 5.00
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: Well
  • Fuel Type: Natural Gas
  • Fee Frequency: Yearly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 5198.00
  • Above Grade Finished Area Search: 5198.00
  • Association Management: Bayshore Home Owners Association
  • Management Company Phone: 512-963-5164
  • Below Grade Finished Sq Ft: 3412.00
  • Carport Y N: No
  • Elevation High Point Waterfront: 26-40
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Sand
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 6446
  • Listing Organization: Iowa
  • Living Area Finished: 8610.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 651650130
  • Property Out Building Type: Garage(s)
  • Rental License: No
  • Second Unit Type: Existing In-Law w/Bath
  • Stories Type: Two
  • Tax Assessment Balance: 1801.90
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 125
  • Waterfront Slope Type: Steep
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Daylight/Lookout Windows, Drain Tiled, Finished (Livable), Full, Poured Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Furnace Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Family Room, Gas Burning, Living Room, Master Bedroom
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Separate/Formal Dining Room
  • Family Room Features: 2 Story/High/Vaulted Ceilings, Entertainment/Media Center, Family Room, Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Full Master, Jetted Tub, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Two Basement Baths, Upper Level Full Bath, Walk Thru
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 3412.00

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles, Flat, Pitched, Rubber, Tar/Gravel
  • LakeAcres: 14729.56000
  • Waterfront View: Bay, Lake, North, Panoramic
  • PoolFeatures: Below Ground, Heated, Outdoor
  • Fencing: Partial, Rail
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage, Detached Garage, Driveway - Asphalt, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access
  • Association Fee: 300.00

Association/Amenities

  • Property Amenities: Balcony, Ceiling Fan(s), Deck, Dock, Exercise Room, Hardwood Floors, Hot Tub, Kitchen Window, Natural Woodwork, Patio, Porch, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 276 - Minnetonka
  • School District Phone: 952-401-5000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Topography: High Ground, Walkout
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: Unknown
  • Lot Size: L 126x246x181x249
  • Homestead: Yes
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 1.0600
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SECT 01 TWP 116 RANGE 024 BAYSHORE LOT 05 BLOCK 03
  • Tax Amount: 21086.00
  • Tax Year: 2017
  • Tax With Assessments: 22888.00
  • Assessor Parcel Number: 651650130

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front, Dock, Association Access

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Oct 30, 2018
Sold by
Fenn Eade R and Fenn Claudia P
Bought by
Martin Steve and Dimitrova Maria
Seller's Agent
Paul Johnson
Lakes Sotheby's International
List Price
$1,999,000
Sold Price
$1,914,000
Premium/Discount to List
-$85,000
-4.25%
Total Days on Market
141
Current Estimated Value
$3,128,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,214,679
Avg. Annual Appreciation
6.78%
Original Mortgage
$1,500,000
Outstanding Balance
$1,331,765
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,610,711

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 Buyer Sale Price Title Company
Martin Steve $1,914,000 Burnet Title Minnesota
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Steven J $305,000
Closed Martin Steve $149,000
Closed Martin Steve $150,000
Open Martin Steve $1,500,000
Previous Owner Fenn Wade R $453,100
Previous Owner Fenn Wade R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $1,914,000 -4.3% $368 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $1,999,000 -- $385 / 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 $39,472 $3,034,000 $1,800,000 $1,234,000
2024 $37,368 $3,014,700 $1,800,000 $1,214,700
2023 $36,974 $2,964,900 $1,800,000 $1,164,900
2022 $30,348 $2,961,900 $1,321,200 $1,640,700
2021 $28,862 $2,032,600 $947,000 $1,085,600
2020 $27,978 $2,032,600 $947,000 $1,085,600
2019 $25,378 $1,742,400 $745,400 $997,000
2018 $25,496 $1,742,400 $745,400 $997,000
2017 $22,888 $1,629,900 $708,100 $921,800
2016 $31,442 $1,997,200 $0 $0
2015 $28,334 $1,997,200 $0 $0
2014 $28,334 $1,663,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4944378

NorthstarMLS

APN: 65.1650130