NOT LISTED FOR SALE

6321 Elm Tree Ave Excelsior, MN 55331

Estimated Value: $502,000 - $581,000

4 Beds
2 Baths
1,625 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $335,000 $206 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,407/month

12 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Minnewashta Elementary School Rated A
  • Vaulted Ceiling
  • Patio

About This Home

As of July 2018

Opportunity awaits in the Minnetonka school District! Great potential, but needs updating. Newer AC & furnace, roof 4 years old. Open main floor layout with vaulted ceilings. Lower level walks out with private access, great for in home office or mother-in-law suite. Beach access to Lake Minnewashta, with dock and boat slips (current wait list). Great Minnewashta Heights neighborhood.

Last Listed By

Claire Bisanz Distad

Coldwell Banker Realty Listed on: 04/05/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1966

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 102x125

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deeded Waterfront Access Rights
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include beach access
  • Minnewashta Heights HOA

Listing and Financial Details

  • Assessor Parcel Number 254950280

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,618

Year Built

Built in 1966

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Fee Frequency: Yearly
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 1625.00
  • Above Grade Finished Area Search: 1625.00
  • Assessment Pending Y N: No
  • Association Management: Minnewashta Heights HOA
  • Management Company Phone: 952-474-9711
  • Below Grade Finished Sq Ft: 1200.00
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 70
  • List A O R Key Numeric: 2851
  • Listing Organization: Iowa
  • Living Area Finished: 2825.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 254950280
  • Rental License: No
  • Stories Type: Split Entry (Bi-Level)
  • Water Body Name: Minnewashta
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Finished (Livable), Full, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Dining Room Features: Kitchen/Dining Room, Living/Dining Room
  • Family Room Features: Lower Level
  • Bathroom Type: Main Floor Full Bath, Upper Level 3/4 Bath
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1200.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles
  • LakeAcres: 676.95000
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access
  • Association Fee: 75.00

Association/Amenities

  • Property Amenities: Patio, Vaulted Ceiling(s), Walk-In Closet

Schools

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

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 102x125
  • Homestead: Yes
  • Lot Size Acres: 0.3000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SECT 05 TWP 116 RANGE 023 MINNEWASHTA HEIGHTS LOT 15 BLOCK 02
  • Tax Amount: 4618.00
  • Tax Year: 2018
  • Tax With Assessments: 4618.00
  • Assessor Parcel Number: 254950280

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Deeded Access

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jul 13, 2018
Sold by
Nesset Susette L and Nesset Mark L
Bought by
Torney Robert and Torney Genna
Seller's Agent
Claire Bisanz Distad
Coldwell Banker Realty
Buyer's Agent
Deb Johnson
RE/MAX Results
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Total Days on Market
12
Current Estimated Value
$539,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,864
Avg. Annual Appreciation
7.49%
Original Mortgage
$284,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2018
Sold by
Nesset Mark L and Nesset Susette L
Bought by
Morgage Electronic Resg

Purchase Details

Closed on
Jun 20, 2003
Sold by
Schroer Ronald G and Schroer Beverly J
Bought by
Nesset Mark L and Nesset Susette L

Range of Values:

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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
Torney Robert $335,000 Burnet Title
Morgage Electronic Resg -- None Available
Nesset Mark L $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torney Robert $280,000
Closed Torney Robert $284,750
Previous Owner Nesset Mark L $214,000
Previous Owner Nesset Mark L $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $335,000 +3.1% $206 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $325,000 -- $200 / 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 $4,892 $491,400 $182,800 $308,600
2024 $4,366 $463,900 $170,000 $293,900
2023 $4,264 $421,500 $170,000 $251,500
2022 $4,308 $413,200 $162,000 $251,200
2021 $4,124 $357,500 $123,400 $234,100
2020 $4,206 $357,500 $123,400 $234,100
2019 $4,302 $359,900 $117,600 $242,300
2018 $4,618 $359,900 $117,600 $242,300
2017 $4,836 $323,500 $106,800 $216,700
2016 $4,864 $323,100 $0 $0
2015 $4,462 $308,300 $0 $0
2014 $4,462 $266,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4935418

NorthstarMLS

APN: 25.4950280