NOT LISTED FOR SALE

1831 Pheasant Dr Excelsior, MN 55331

Estimated Value: $573,000 - $618,000

4 Beds
3.5 Baths
3,128 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 04, 2025

Last sale price $550,000 $176 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,581/month

154 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • 3 Car Attached Garage
  • Excelsior Elementary School Rated A+
  • No HOA
  • 3-minute walk to Pleasant Hill Park

About This Home

As of March 2025

Welcome to this inviting 2-story home in the heart of Chanhassen(Minnetonka Schools), featuring an open floor plan with abundant natural light. The main floor boasts a cozy family room and vaulted living/dining areas, creating a spacious and airy atmosphere. The interior has been freshly painted, and the home includes a large cedar deck—perfect for entertaining or relaxing. Hardwood floors throughout the home. A gardener’s paradise with abundant perennials, and a serene backdrop of a small pond and city-owned green space.

Last Agent to Sell the Property

Rebecca Solberg

eXp Realty Brokerage Phone: 6129166151 Listed on: 09/09/2024

eXp Realty

Co-Listed By

Barry Tanner

eXp Realty Brokerage Phone: 6129166151

Last Buyer's Agent

Verena Arribas

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,816

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 126x60x141x59x59
  • Few Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Pheasant Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 256030320

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,816

Year Built

Built in 1986

Lot Details

0.28 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 2081
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6129166151
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 3128
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1047
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, Main Level
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 126x60x141x59x59
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 256030320
  • Tax Annual Amount: 5816
  • TaxWithAssessments: 5816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Mar 3, 2025
Sold by
Sfr Borrower 2021-2 Llc and Hpa Borrower 2018-1 Ms Llc
Bought by
Dadi Rajeshwar and Dadi Kelsey
Seller's Agent
Rebecca Solberg
eXp Realty
Buyer's Agent
Verena Arribas
RE/MAX Results
List Price
$609,900
Sold Price
$550,000
Premium/Discount to List
-$59,900
-9.82%
Views
358
Current Estimated Value
$599,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,793
Avg. Annual Appreciation
9.05%
Original Mortgage
$440,000
Outstanding Balance
$437,757
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$162,036

Purchase Details

Closed on
Jul 13, 2018
Sold by
Hp Minnesota Llc
Bought by
Hpa Borrower 2018 1 Ms Llc

Purchase Details

Closed on
May 7, 2018
Sold by
Miayo Marcia M and Miayo Geoiffrey P
Bought by
Ghp Minnesota Llc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Benedict Gary M and Benedict Betty R
Bought by
Mayo Marcia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1997
Sold by
Keeley Thomas M
Bought by
Benedict Gary M and Benedict Betty R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dadi Rajeshwar $550,000 Realtech Title
Hpa Borrower 2018 1 Ms Llc -- Stewart Title
Ghp Minnesota Llc $448,400 Burnet Titlr
Mayo Marcia M $382,500 --
Benedict Gary M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dadi Rajeshwar $440,000
Previous Owner Mayo Marcia M $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $550,000 -5.2% $176 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/13/2025 01/13/25 Price Changed $579,900 -1.3% $185 / Sq Ft
12/09/2024 12/09/24 Price Changed $587,400 -1.3% $188 / Sq Ft
11/08/2024 11/08/24 Price Changed $594,900 -1.2% $190 / Sq Ft
10/08/2024 10/08/24 Price Changed $602,400 -1.2% $193 / Sq Ft
09/09/2024 09/09/24 For Sale $609,900 -- $195 / Sq Ft
Source: NorthstarMLS

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
2025 $5,926 $563,700 $175,800 $387,900
2024 $5,816 $546,000 $161,500 $384,500
2023 $5,732 $550,200 $161,500 $388,700
2022 $5,346 $545,500 $150,000 $395,500
2021 $5,416 $465,500 $123,400 $342,100
2020 $5,460 $460,200 $123,400 $336,800
2019 $5,262 $436,700 $117,500 $319,200
2018 $4,756 $436,700 $117,500 $319,200
2017 $4,364 $392,800 $106,800 $286,000
2016 $4,504 $360,900 $0 $0
2015 $4,170 $360,500 $0 $0
2014 $4,170 $311,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6599741

NorthstarMLS

APN: 25.6030320

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