Seller's Agent in 2024
Nicholas Morrison
Bridge Realty, LLC
(763) 439-7904
1 in this area
17 Total Sales
70 Highland Ave Excelsior, MN 55331
Estimated Value: $2,166,000 - $2,453,740
4
Beds
3.5
Baths
6,045
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- 115 Feet of Waterfront
- Beach Access
- Home Theater
- Minnewashta Elementary School Rated A
- Wine Cellar
- Lake View
About This Home
As of February 2024Welcome to 70 Highland, fully renovated in 2017, located on the NW corner of Gideon's Bay, minutes from Excelsior, this deep water lagoon home offers privacy, tranquility, as well as access to all lake Minnetonka has to offer. 115' of lakeshore, beach, dock, and outdoor stone fire pit with patio, beautifully round out the exterior of the home, featuring luxurious open concept with inside/outside living, custom finishes throughout, with ample space to enjoy entertaining family and friends for all seasons. Kitchen island with custom built-ins and walnut finishes, large main bedroom with en-suite bathroom, walk in closet, and waterfront views. lower level features billiards, movie theatre, wet bar, and 600 bottle wine cellar. We look forward to welcoming you to this amazing Tonka Bay home! Just learned that the dock can stay in for winter, meaning the homeowner can be the first boat in, and last boat out, extending the summer boating enjoyment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,889
Year Built
- Built in 1988
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 115x180
- 115 Feet of Waterfront
- Lake Front
- Cul-De-Sac
- Street terminates at a dead end
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Parking Garage Space
- Secure Parking
Interior Spaces
- 1-Story Property
- Wet Bar
- Wood Burning Fireplace
- Stone Fireplace
- Wine Cellar
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Home Theater
- Home Office
- Game Room with Fireplace
- Utility Room Floor Drain
- Lake Views
Kitchen
- Built-In Double Oven
- Range<<rangeHoodToken>>
- <<microwave>>
- Freezer
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Sump Pump
- Drain
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Hot Water Heating System
- Boiler Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2811723140046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2023
Closed on
Feb 12, 2024
Sold by
Tomassen Lisa and Tomassen Duncan
Bought by
Leonard Beth Kieffer and Leonard Todd Edward
Seller's Agent
Nicholas Morrison
Bridge Realty, LLC
Buyer's Agent
Tracy Gazett
Edina Realty, Inc.
List Price
$39,000,000
Sold Price
$2,175,000
Premium/Discount to List
-$36,825,000
-94.42%
Views
1062
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
$111,685
Avg. Annual Appreciation
3.59%
Purchase Details
Closed on
Nov 17, 2023
Sold by
Tomassen Duncan and Tomassen Lisa A
Bought by
American Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.76%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 19, 2023
Sold by
Tomassen Duncan and Tomassen Lisa A
Bought by
Alerus Financial Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.76%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 29, 2017
Sold by
Lindahl John and Lindahl Nancy E
Bought by
Tomassen Lisa and Tomassen Duncan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2017
Sold by
Lindahl John and Lindahl Nancy E
Bought by
Tomassen Lisa and Tomassen Duncan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 28, 2016
Sold by
Cohen Barry N and Cohen La Penotiere
Bought by
Lindahl John and Tomassen Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2004
Sold by
Imes Cynthia H and Imes Bradley J
Bought by
Cohen Barry W and Lapenotiere Yvonne K
Purchase Details
Closed on
Jun 14, 2002
Sold by
Olson Christopher E and Olson Cheryl A
Bought by
Imes Cynthia H and Imes Bradley J
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 |
|---|---|---|---|
| Leonard Beth Kieffer | $2,175,000 | Watermark Title | |
| American Investments Llc | $500,000 | -- | |
| Alerus Financial Na | $540,480 | -- | |
| Tomassen Lisa | -- | None Available | |
| Tomassen Lisa | -- | None Available | |
| Lindahl John | $1,347,500 | Title One Inc | |
| Cohen Barry W | $1,489,000 | -- | |
| Imes Cynthia H | $1,040,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leonard Beth Kieffer | $1,500,000 | |
| Closed | Leonard Beth Kieffer | $1,500,000 | |
| Previous Owner | American Investments Llc | $2,000,000 | |
| Previous Owner | American Investments Llc | $2,000,000 | |
| Previous Owner | Tomassen Duncan | $500,000 | |
| Previous Owner | Lindahl John | $1,078,000 | |
| Previous Owner | Cohen Barry N | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2024 02/12/24 | Sold | $2,175,000 | -22.3% | $360 / Sq Ft |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 09/21/2023 09/21/23 | Price Changed | $2,800,000 | -15.2% | $463 / Sq Ft |
| 09/11/2023 09/11/23 | Price Changed | $3,300,000 | -10.8% | $546 / Sq Ft |
| 08/22/2023 08/22/23 | Price Changed | $3,700,000 | -5.1% | $612 / Sq Ft |
| 08/12/2023 08/12/23 | Price Changed | $3,900,000 | -90.0% | $645 / Sq Ft |
| 08/12/2023 08/12/23 | For Sale | $39,000,000 | -- | $6,452 / 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 |
|---|---|---|---|---|
| 2023 | $18,251 | $1,570,800 | $769,000 | $801,800 |
| 2022 | $19,438 | $1,601,000 | $769,000 | $832,000 |
| 2021 | $18,956 | $1,499,000 | $769,000 | $730,000 |
| 2020 | $18,674 | $1,448,000 | $732,000 | $716,000 |
| 2019 | $17,961 | $1,361,000 | $660,000 | $701,000 |
| 2018 | $16,394 | $1,295,000 | $660,000 | $635,000 |
| 2017 | $15,724 | $1,132,000 | $550,000 | $582,000 |
| 2016 | $14,871 | $1,058,000 | $550,000 | $508,000 |
| 2015 | $14,904 | $1,058,000 | $550,000 | $508,000 |
| 2014 | -- | $1,081,000 | $600,000 | $481,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Morrison
-
Tracy Gazett
Buyer's Agent in 2024
Tracy Gazett
Edina Realty, Inc.
(612) 616-4016
1 in this area
141 Total Sales
-
Mollie Greenberg
M
Buyer Co-Listing Agent in 2024
Mollie Greenberg
Edina Realty, Inc.
(612) 396-7445
1 in this area
40 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6413677
APN: 28-117-23-14-0046
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