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4860 Highcrest Drive

4860 Highcrest Drive, Excelsior, MN 55331
House in Deephaven
Sold May 30, 2023
$577,000
$548,150 by Luminate Home Loans, Inc.
Mortgage Due Jun 01, 2053
Sold May 26, 2023
$577,000
$548,150
Mortgage
Local assessors in Excelsior, MN have categorized 4860 Highcrest Drive as a residential type of property. The home was built in 1946 and is 78 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 62,726 square feet. The linear feet between the front and back of the lot was measured at 6,310 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4860 Highcrest Drive has a total of 1,282 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 769 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 768 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4860 Highcrest Drive sold most recently in May 26, 2023 for a total of $577,000. If you work out the math, that's approximately a cost of $450.08 per sqft. Before that, the property was also sold for $577,000 in May 26, 2023. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,615 in taxes each year. 4860 Highcrest Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $487,000. If we break it down further, the land itself was valued at $249,000. Improvements to the property, however, were assessed at a total of $238,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 769
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 62,726
  • Lot Size Depth Feet: 6,310
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,282
  • Gross Building Area: 1,282
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,282
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VINE HILL GARDENS
  • Land Acres: 1.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 008 VINE HILL GARDENS 100 X 631

Ownership

  • Current Owner : ODDEN MATTHEW
  • Current Owner 2: ODDEN MARIE
  • Previous Owner : LAMKIN RORY
  • Owner Before Previous Owner: LAMKIN RORY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Minnetonka Public School District
  • School Tax School District: MINNETONKA
  • Census Tract: 027400

Geography

  • Assessors Map Reference: MB:56570
  • District: 59
  • Parcel: 25-117-23-13-0006
  • Lot: 8
  • Meridian: SEC 25 QTR 13 TWN 117 RNG 23
  • Municipality: DEEPHAVEN
  • Latitude: 44.9155
  • Longitude: -93.5287

    Address

  • Full Address: 4860 Highcrest Dr
  • Address - House Number: 4860
  • Address - Street Name: Highcrest
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Excelsior
  • Carrier Code: R071
  • 4-Digit Zip Code: 8761
  • Zip Code: 55331

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,615

    Appraisal Valuation

  • Standard Deviation: 0.0878
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 526,013
  • High Value: 572,249
  • Low Value: 479,776

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,096,300
  • First Open Lien Mortgage Lender: LUMINATE HOME LOANS, INC.
  • First Open Lien Mortgage Recording Date: May 30, 2023
  • First Open Lien Mortgage Loan Amount: $548,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053
  • Second Open Lien Mortgage Recording Date: May 26, 2023
  • Second Open Lien Mortgage Loan Amount: $548,150
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 26, 2053

    Market Valuation

  • Market Total Value: $487,000
  • Market Land Value: $249,000
  • Market Improvement Value: $238,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $487,000
  • Assessed Land Value: $249,000
  • Assessed Improvements Value: $238,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Transaction ID: 11907709072
  • Current Sale Price: $577,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11203964
  • Previous Sale Recording Date: May 26, 2023
  • Previous Sale Contract Date: May 26, 2023
  • Previous Sale Amount: $577,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUMINATE HOME LOANS, INC.
  • First Mortgage Transaction Date: May 30, 2023
  • First Mortgage Loan Amount: $548,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Transaction Date: May 26, 2023
  • Previous Mortgage Loan Amount: $548,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Deephaven



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Frequently Asked Questions

What neighborhood is 4860 Highcrest Drive located in?
The 4860 Highcrest Drive is a house located in the neighborhood of Deephaven in Deephaven, Excelsior.
What is the average sales price for listings in 4860 Highcrest Drive?
The average sales price for units in 4860 Highcrest Drive is $0 currently.

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