Seller's Agent in 2024
Andrew Spilseth
Compass
(612) 396-2951
5 in this area
155 Total Sales
75 Fairhope Ave Excelsior, MN 55331
Estimated Value: $2,557,000 - $2,954,000
3
Beds
2.5
Baths
3,034
Sq Ft
$919/Sq Ft
Est. Value
Highlights
- 1,000 Feet of Waterfront
- Beach Access
- Island Location
- Minnewashta Elementary School Rated A
- 112,820 Sq Ft lot
- Deck
About This Home
As of September 2024Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka. This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car garage and protected dock that does not need to be removed in the winter! This property is a true gem waiting to be discovered, but wait there's more.. If the architecture doesn't meet your style, we have plans that can be shared.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,347
Year Built
- Built in 1989
Lot Details
- 2.59 Acre Lot
- Lot Dimensions are 378x386x400x432
- 1,000 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Studio
- Flat Roof Shape
- Rubber Roof
- Wood Siding
Interior Spaces
- 3,034 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Great Room
- Living Room with Fireplace
- Dining Room
- Den
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Sump Pump
- Drain
- Crawl Space
Outdoor Features
- Beach Access
- Deck
- Porch
Location
- Island Location
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Community Details
- No Home Owners Association
- Tonka Fairhope Subdivision
Listing and Financial Details
- Assessor Parcel Number 2111723410045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2024
Closed on
Sep 25, 2024
Sold by
Bricker Jude and Bricker Ty
Bought by
Le Binh and Duong Le Christina
Seller's Agent
Andrew Spilseth
Compass
Buyer's Agent
Timothy Lovett
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,650,000
Premium/Discount to List
-$345,000
-11.52%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,229
Avg. Annual Appreciation
3.96%
Purchase Details
Listed on
May 10, 2023
Closed on
Oct 10, 2023
Sold by
Lighthouse Management Group Inc
Bought by
Bricker Jude
Seller's Agent
Mark Bartikoski
RE/MAX Results
Buyer's Agent
Mark Bartikoski
RE/MAX Results
List Price
$2,995,000
Sold Price
$2,800,000
Premium/Discount to List
-$195,000
-6.51%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.81%
Purchase Details
Listed on
May 10, 2023
Closed on
Sep 8, 2023
Sold by
Mck2 Llc
Bought by
Crown Bank
Seller's Agent
Mark Bartikoski
RE/MAX Results
Buyer's Agent
Mark Bartikoski
RE/MAX Results
List Price
$2,995,000
Sold Price
$2,800,000
Premium/Discount to List
-$195,000
-6.51%
Views
78
Purchase Details
Closed on
Aug 20, 2018
Sold by
Meyer Bruce M and Meyer Susan P
Bought by
Mck2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
4.5%
Mortgage Type
Commercial
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Le Binh | $2,650,000 | -- | |
| Bricker Jude | $2,800,000 | -- | |
| Crown Bank | $1,497,625 | -- | |
| Mck2 Llc | $1,725,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mck2 Llc | $1,293,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $2,650,000 | -11.5% | $873 / Sq Ft | |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- | |
| 06/21/2024 06/21/24 | For Sale | $2,995,000 | +7.0% | $987 / Sq Ft | |
| 10/24/2023 10/24/23 | Sold | $2,800,000 | 0.0% | $923 / Sq Ft | View Prior Sale |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- | |
| 08/03/2023 08/03/23 | Off Market | $2,800,000 | -- | -- | |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- | |
| 05/10/2023 05/10/23 | For Sale | $2,995,000 | -- | $987 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $34,575 | $2,755,600 | $2,675,800 | $79,800 |
| 2023 | $35,347 | $2,970,900 | $2,511,500 | $459,400 |
| 2022 | $29,330 | $2,864,000 | $2,487,000 | $377,000 |
| 2021 | $25,699 | $2,083,000 | $1,802,000 | $281,000 |
| 2020 | $24,091 | $1,799,000 | $1,526,000 | $273,000 |
| 2019 | $20,320 | $1,642,000 | $1,374,000 | $268,000 |
| 2018 | $20,269 | $1,455,000 | $1,374,000 | $81,000 |
| 2017 | $20,553 | $1,455,000 | $1,155,000 | $300,000 |
| 2016 | $20,909 | $1,455,000 | $1,155,000 | $300,000 |
| 2015 | $20,972 | $1,455,000 | $1,155,000 | $300,000 |
| 2014 | -- | $1,361,000 | $1,120,000 | $241,000 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Spilseth
-
T. Cody Turnquist
Seller Co-Listing Agent in 2024
T. Cody Turnquist
Compass
(612) 578-1093
3 in this area
109 Total Sales
-
Timothy Lovett
Buyer's Agent in 2024
Timothy Lovett
Coldwell Banker Realty
(952) 933-4030
3 in this area
25 Total Sales
-
Mark Bartikoski
Seller's Agent in 2023
Mark Bartikoski
RE/MAX Results
(612) 702-8865
1 in this area
58 Total Sales
-
Drew Hueler
Seller Co-Listing Agent in 2023
Drew Hueler
Coldwell Banker Realty
(612) 701-3124
1 in this area
303 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6556001
APN: 21-117-23-41-0045
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