$575,000
SOLD SEP 2, 2025

20 Woodlawn Ave Excelsior, MN 55331

4 Beds
2 Baths
2,309 Sq Ft
0.53 Acres

Recently Sold

$249 Per Sq Ft

1% Above List Price

11 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • No HOA
  • Minnewashta Elementary School Rated A
  • 2 Fireplaces
  • 5-minute walk to Manitou Park

About This Home

As of September 2025

Rare Tonka Bay Opportunity - Double Lot, Award-Winning Schools, Walkable to Lake Minnetonka!
Live in the actual city of Tonka Bay - one of the area's most coveted gems. This solid, well-built home sits on a rare half-acre double lot tucked on a quiet street. Very clean and well-maintained, with room to update and personalize over time.

The main level includes three bedrooms, an updated full bath, and a sun-filled 4-season porch overlooking a serene natural wetland area. The kitchen features granite countertops, stainless steel appliances, and an adjacent main-floor laundry that could convert to a future primary bath if desired.

The walkout lower level adds valuable living space, including two large family rooms and a remodeled 3/4 bath. A fourth bedroom offers flexibility as a home office, guest room, or exercise area. Outdoor living shines with a spacious deck and screened porch that offer scenic, private views.

Perks include access to Tonka Bay’s beautiful community parks and lake amenities like Crescent Beach, Mainitou Park, Wekota Park - all maintained by the city for residents. The home also benefits from Andersen windows, a newer roof, and a concrete driveway. Located within the award-winning Minnetonka School District and just minutes to downtown Excelsior’s shopping and dining.

Tonka Bay residents can apply for a Lake Minnetonka boat slip (waitlist applies) and enjoy walkable lake access via a nearby fire lane - perfect for kayaking, paddleboarding, or fishing from the shore. Extremely rare to find this opportunity within the actual city limits. Easy to show - schedule your tour today!

Last Agent to Sell the Property

Justin Tolle

NOW Realty Listed on: 07/29/2025

Last Buyer's Agent

Heather Reynolds

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1985

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 120x194x120x194
  • Home fronts a pond
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Electric Fireplace
  • Family Room
  • Living Room
  • Game Room
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Slocums Rearrangement/Mainton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2811723430068

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,760

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: N/A
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1540
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Electric, Wood Burning
  • Living Area: 2309
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 769
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Four Season Porch, Amusement Room, Deck, Screened Porch

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Porch,Screened
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 424

Utilities

  • Heating: Ductless Mini-Split, Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Dock,Kitchen Center Island,Main Floor Primary Bedroom,Porch,Sun Room,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 120x194x120x194
  • Lot Size Sq Ft: 23086.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels Description: 2811723430003
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2811723430068
  • Tax Annual Amount: 6760
  • TaxWithAssessments: 6760.0600

Multi Family

  • WaterfrontFeatures: Other, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Mcfadden Kathleen L and Mcfadden Edward W
Bought by
Zaim Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,200
Outstanding Balance
$418,860
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$173,024

Purchase Details

Closed on
Nov 12, 1999
Sold by
Wrolson Daniel G and Wrolson Nancy
Bought by
Mcfadden Edward W and Mcfadden Kathleen L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $569,000 Chb Title Llc
Warranty Deed $249,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Sold $575,000 +0.9% $249 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $569,900 -- $247 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $3,258 $314,700 $135,000 $179,700
2022 $4,798 $263,000 $115,000 $148,000
2021 $4,714 $415,000 $119,000 $296,000
2020 $4,799 $403,000 $113,000 $290,000
2019 $4,651 $391,000 $101,000 $290,000
2018 $4,368 $375,000 $101,000 $274,000
2017 $4,116 $333,000 $90,000 $243,000
2016 $3,940 $315,000 $90,000 $225,000
2015 $3,933 $315,000 $90,000 $225,000
2014 -- $306,000 $99,000 $207,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6739588

NorthstarMLS

APN: 28-117-23-43-0003