NOT LISTED FOR SALE

7038 Red Cedar Cove Excelsior, MN 55331

Estimated Value: $848,000 - $979,000

3 Beds
2 Baths
1,260 Sq Ft
$729/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $550,000 $437 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,161/month

75 Days on Market

Highlights

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

About This Home

As of November 2014

Rarely available. Small 18 unit complex with great lakeshore, pristine condition. SS appliances, big bay window in LR with panoramic view of the lake & w/o LL with shaded patio. Bonus room under the garage. Unit has a boat slip at the association dock.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,810

Year Built

  • Built in 1986

Lot Details

  • 2,439 Sq Ft Lot
  • Lake Front
  • Property fronts a private road
  • End Unit
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Outdoor Features

  • Dock Facilities
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 256500040

Community Details

Overview

  • Association fees include beach access, dock, hazard insurance, outside maintenance, sanitation, snow/lawn care
  • Red Cedar Cove Th Assoc Association
  • Rental Restrictions

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,810

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (TH) Side by Side
  • Cooling System: Central
  • Outside Features: Brick/Stone, Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water - In Street, City Water/Connected
  • Association Amenities: Beach, Dock
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1260.00
  • Above Grade Finished Area Search: 1260.00
  • Assessment Pending Y N: No
  • Association Management: Red Cedar Cove TH Assoc
  • Management Company Phone: 612-280-6233
  • Below Grade Finished Sq Ft: 1468.00
  • Carport Y N: No
  • Elevation High Point Waterfront: 0-4
  • Floor Plan Type: Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 70
  • List A O R Key Numeric: 7861
  • Listing Organization: Iowa
  • Living Area Finished: 2728.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 256500040
  • Rental License: No
  • Restrictions Type: Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Pets - Weight/Height Limit, Rental Restrictions May Apply
  • Townhouse Type: End Unit, Street-Level
  • Water Body Name: Minnewashta
  • Waterfront Slope Type: Gradual
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Windows, Finished (Livable), Full, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Dining Room Features: Separate/Formal Dining Room
  • Family Room Features: Lower Level
  • Bathroom Type: 3/4 Basement, Jetted Tub, Main Floor Full Bath, Private Primary, Separate Tub & Shower
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1468.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 676.95000
  • Waterfront View: Lake
  • Road Between Waterfront And Home: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Hazard Insurance, Outside Maintenance, Sanitation, Snow/Lawn Care
  • Association Fee: 300.00

Association/Amenities

  • Property Amenities: Deck, In-Ground Sprinkler, Kitchen Window, Patio, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

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

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: common
  • Homestead: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 0.0560
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SECT 08 TWP 116 RANGE 023 RED CEDAR COVE LOT 04 BLOCK 01
  • Tax Amount: 5810.00
  • Tax Year: 2014
  • Tax With Assessments: 5810.00
  • Assessor Parcel Number: 256500040

Multi Family

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

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Robertson Gregory P and Robertson Leslie M
Bought by
Leslie M Robertson Trust
Total Days on Market
75
Current Estimated Value
$917,982

Purchase Details

Listed on
Aug 15, 2014
Closed on
Nov 21, 2014
Sold by
Holzinger Robert A and Holzinger Carol L
Bought by
Robertson Gregory P and Robertson Leslie M
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$440,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bixler Patricia A
Bought by
Holzinger Robert and Holzinger Carol

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Excelsior, MN

  • 22 W Point Place, Excelsior, MN 55331

    $949,900

    • 2 Beds
    • 2.5 Baths
    • 2,110 Sq Ft
    • 22 W Point Place
    • Excelsior, MN

    Exceptionally appointed 2 story townhome on a shared (6 unit complex) 4 acre parcel with over 1100 feet of shoreline. Covered floating 32 foot dock slip for your watercraft and space for enjoyment with walking areas and a private island with firepit. Wood floors throughout main level with vaulted ceiling with skylights in LR. Quartz countertops in cherry cabinet kitchen with SS appliances. GE

    Steve Westmark RE/MAX Advantage Plus

    Section Image

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
Leslie M Robertson Trust $500 --
Robertson Gregory P $550,000 Edina Realty Title Inc
Holzinger Robert $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Gregory P $95,000
Previous Owner Robertson Gregory P $433,000
Previous Owner Robertson Gregory P $98,900
Previous Owner Robertson Gregory P $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $550,000 -4.3% $437 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $575,000 -- $456 / 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 $8,960 $809,000 $375,000 $434,000
2024 $8,624 $792,500 $375,000 $417,500
2023 $8,410 $784,700 $375,000 $409,700
2022 $7,796 $770,700 $361,600 $409,100
2021 $7,856 $649,600 $301,300 $348,300
2020 $7,924 $643,900 $301,300 $342,600
2019 $6,912 $563,300 $287,000 $276,300
2018 $6,856 $563,300 $287,000 $276,300
2017 $6,336 $555,200 $287,000 $268,200
2016 $6,252 $502,800 $0 $0
2015 $5,810 $472,300 $0 $0
2014 $5,810 $437,800 $0 $0
Source: Public Records

Map

Source: NorthstarMLS

MLS Number: NST4517626

NorthstarMLS

APN: 25.6500040