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5740 Christmas Lake Point

5740 Christmas Lake Point, Excelsior, MN 55331
Property in Shorewood
Refi Nov 03, 2015
Transfer
$750,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2045
5740 Christmas Lake Point in Excelsior, MN was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5740 Christmas Lake Point has 2,052 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 27,878 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. The home has a hip style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $25,317 in taxes per year. The property on 5740 Christmas Lake Point was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,864,000. To break that down further, the land itself was valued at $1,325,000. While improvements to the property were assessed at a total of $539,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1990
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 643
  • Garage Type: Detached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Frontage Feet: 230
  • Total Building Area: 2,052
  • Gross Building Area: 2,695
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REG. LAND SURVEY NO. 0407
  • Land Acres: 0.64
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REG. LAND SURVEY NO. 0407 TRACT D IRREGULAR

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minnetonka Public School District
  • School Tax School District: MINNETONKA
  • Census Tract: 027504

Geography

  • Assessors Map Reference: MB:35426
  • District: 26
  • Subdivision Tract Number: D
  • Parcel: 35-117-23-14-0016
  • Meridian: SEC 35 QTR 14 TWN 117 RNG 23
  • Municipality: SHOREWOOD
  • Latitude: 44.8996
  • Longitude: -93.5446

    Address

  • Full Address: 5740 Christmas Lake Pt
  • Address - House Number: 5740
  • Address - Street Name: Christmas Lake
  • Address - Suffix Type: Pt
  • State: MN
  • City Name: Excelsior
  • Carrier Code: R071
  • 4-Digit Zip Code: 9103
  • Zip Code: 55331

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,317

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 1,658,190
  • High Value: 1,917,666
  • Low Value: 1,398,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 03, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2045

    Market Valuation

  • Market Total Value: $1,864,000
  • Market Land Value: $1,325,000
  • Market Improvement Value: $539,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,864,000
  • Assessed Land Value: $1,325,000
  • Assessed Improvements Value: $539,000

    Exemptions

  • Homeowner Exemption: Yes

About Shorewood



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Unit for rent at 5078 Vine Hill Road, Deephaven, MN, 55331

$3,000 /mo

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5078 Vine Hill Road, Deephaven, MN, 55331 Listing by John M Mazzara

Frequently Asked Questions

What neighborhood is 5740 Christmas Lake Point located in?
The 5740 Christmas Lake Point is a located in the neighborhood of Shorewood in Shorewood, Excelsior.
What is the average sales price for listings in 5740 Christmas Lake Point?
The average sales price for units in 5740 Christmas Lake Point is $0 currently.

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