NOT LISTED FOR SALE

Estimated Value: $3,171,850 - $3,370,000

2 Beds
2.5 Baths
2,837 Sq Ft
$1,147/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $3,250,000 $1,146 Per Sq Ft

Current estimated payment $20,067/month

18 Days on Market

Highlights

  • 94 Feet of Waterfront
  • Beach Access
  • Deck
  • Excelsior Elementary School Rated A
  • Lake View
  • No HOA

About This Home

As of August 2024

Come home to vacation as you board your own personal land "yacht" on Lake Minnetonka. To describe this home as “on the water” would be an understatement. As you enter, you’re rendered speechless as you take in the incredible presence of the water. After you convince yourself you're not on a luxury cruise liner, you notice glass everywhere, from floor to ceiling. The waters of St. Albans Bay invite themselves in to every room of the bright and open main floor. The water views hit your senses again on the lower level, as you realize the house is only 12 feet from the water’s edge, flowing out to the lakeside deck and surfboard bar. One of the most incredible features of this property is the rooftop deck giving you a premier seat to the Excelsior fireworks seemingly right overhead. This smart home is equipped with in-floor heat, Sonos sound, remote blinds and high-end finishes. Home to a permanent dock on a deep-water lot. There is so much more, but you must come see it for yourself!

Last Listed By

Timothy Lovett

Coldwell Banker Realty Brokerage Phone: 952-933-4030 Listed on: 06/28/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,313

Year Built

  • Built in 2020

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 94x80
  • 94 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Home Office
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association
  • Auditors Sub 120 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511723210003

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,313

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 1541
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-933-4030
  • Attribution Contact: 952-933-4030
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 2837
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1296
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bathroom, Office, Kitchen- 2nd, Bedroom 2, Flex Room
  • SqFtTotal: 3350.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • View: Bay, Lake, North, Panoramic
  • Other Structures: Other
  • ConstructionMaterialsDesc: Concrete,Steel
  • PatioPorchType: Deck
  • Lake Acres: 14205
  • LakeChain: N
  • Waterfront Frontage: 94

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Off Site, Tuckunder Garage
  • Garage Square Feet: 439

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Main Floor Primary Bedroom,Panoramic View,Security System,Tile Floors,Washer/Dryer Hookup,Wet Bar

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 94x80
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Steel Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3511723210003
  • Tax Annual Amount: 23313
  • TaxWithAssessments: 23313.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 12, 2024
Sold by
Senior Housing Ventures Inc
Bought by
Johnson Brenda
Seller's Agent
Timothy Lovett
Coldwell Banker Realty
Buyer's Agent
Traci Preciado
Engel & Volkers Minneapolis Downtown
List Price
$3,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$245,000
-7.01%
Total Days on Market
18
Views
53
Current Estimated Value
$3,253,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,283
Avg. Annual Appreciation
0.14%

Purchase Details

Closed on
Jun 3, 2021
Sold by
Stoddard William J
Bought by
Senior Housing Ventures Inc

Purchase Details

Closed on
Jun 28, 2016
Sold by
Nordseth Steven L and Nordseth Judy J
Bought by
Stoddard William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

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
Johnson Brenda $3,250,000 --
Senior Housing Ventures Inc -- Custom Home Builders Ttl Llc
Senior Housing Ventures Inc -- Custom Home Builders Ttl Llc
Stoddard William J $615,000 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Senior Housing Ventures Inc $50,000
Previous Owner Senior Housing Ventures Inc $1,700,000
Previous Owner Stoddard William J $60,971
Previous Owner Stoddard William J $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $3,250,000 -7.0% $1,146 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $3,495,000 -- $1,232 / 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
2023 $23,314 $1,770,500 $837,400 $933,100
2022 $12,706 $1,545,000 $735,000 $810,000
2021 $9,764 $893,000 $735,000 $158,000
2020 $9,167 $702,000 $700,000 $2,000
2019 $8,671 $644,000 $642,000 $2,000
2018 $8,759 $613,000 $611,000 $2,000
2017 $10,630 $723,000 $715,000 $8,000
2016 $10,991 $717,000 $707,000 $10,000
2015 $9,949 $667,000 $657,000 $10,000
2014 -- $490,000 $480,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6555241

NorthstarMLS

APN: 35-117-23-21-0003