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5840 Ridge Rd

Excelsior, MN 55331

4 bd 4 ba 6,164 sqft Built 2001 Lot 61,855 sqft single_family
Most recent sale
$2,825,000
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2021 Sold $2,825,000 MLS #6088404
Sep 23, 2021 Listed $2,895,000 MLS #6088404
Jan 29, 2016 Sold $2,000,000 MLS #4596395
Nov 1, 2015 Relisted $2,250,000 MLS #4596395
Oct 31, 2015 Listing removed $2,395,000 NorthstarMLS
May 26, 2015 Relisted $2,395,000 MLS #4596395
May 20, 2015 Listing removed $2,395,000 NorthstarMLS
May 11, 2015 Listed $2,395,000 MLS #4596395
Mar 16, 2012 Listing removed $2,495,000 NorthstarMLS
Apr 4, 2008 Listed $2,495,000 MLS #3522099
May 26, 2007 Listed $2,495,000 MLS #3385219
May 31, 2000 Sold $608,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,461,000 $1,366,400 $2,827,400 $38,165
2024 $1,287,800 $1,453,000 $2,740,800 $35,306
2023 $1,200,000 $1,370,000 $2,570,000 $33,463
2022 $968,000 $1,105,000 $2,073,000 $30,169
2021 $938,000 $1,105,000 $2,043,000 $29,959
2020 $938,000 $1,105,000 $2,043,000 $31,451
2019 $909,000 $1,134,000 $2,043,000 $31,141
2018 $877,000 $1,134,000 $2,011,000 $30,312
2017 $774,000 $1,180,000 $1,954,000 $28,915
2016 $823,000 $1,020,000 $1,843,000 $28,228
2015 $808,000 $962,000 $1,770,000 $28,222
2014 $796,000 $962,000 $1,758,000 $26,943
2013 $745,000 $868,000 $1,613,000 $26,953
2012 $791,000 $868,000 $1,659,000 $26,597
2011 $797,000 $920,000 $1,717,000 $26,553
2010 $803,000 $990,000 $1,793,000 $26,076
2009 $887,000 $1,040,000 $1,927,000 $25,327
2008 $902,000 $1,040,000 $1,942,000 $25,257
2007 $889,000 $971,000 $1,860,000 $25,182

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
6,164 sqft
Lot size
61,855 sqft
ZIP code
55331
City
Excelsior
Street
Ridge Rd
Coordinates
44.89777, -93.53608

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,246
Gross rental yield
3.93%
Implied cap rate
2.55%
Trend-extrapolated value

Frequently asked questions

When did 5840 Ridge Rd last sell?
5840 Ridge Rd most recently sold on Nov 30, 2021 for $2,825,000.
What is the current tax assessment for 5840 Ridge Rd?
The most recent total assessment for 5840 Ridge Rd (year 2025) is $2,827,400 with $38,165 in property tax.
How does 5840 Ridge Rd's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $2,825,000.
When was 5840 Ridge Rd built?
5840 Ridge Rd was built in 2001.
How does 5840 Ridge Rd compare to others on Ridge Rd?
We track 1 other property on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 5840 Ridge Rd?
5840 Ridge Rd is a 4 bed, 4 bath, 6,164 sqft, 61,855 sqft lot single_family.
Is 5840 Ridge Rd a flip candidate?
No — 5840 Ridge Rd does not appear in our flips dataset.
Is 5840 Ridge Rd a tax-appeal candidate?
No — 5840 Ridge Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.05M
2026 Q4
$1.03M
ZIP 55331 — Median Price History + Forecast

Explore nearby

Other properties on Ridge Rd