NOT LISTED FOR SALE

23980 Yellowstone Trail Excelsior, MN 55331

Shorewood Area

Estimated Value: $967,054

3 Beds
2.5 Baths
4,040 Sq Ft
$239/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2025

Last sale price $850,000 $210 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,234 / mo

143 Days on Market

Highlights

  • Lake Front
  • Family Room with Fireplace
  • Breakfast Area or Nook
  • Deck
  • No HOA
  • The kitchen features windows

About This Home

As of January 2025

Experience refined living in this exquisite walkout rambler on nearly two acres of lush woodland overlooking Mary Lake. Located near top-rated Minnetonka schools, this home offers the charm of a North Woods retreat with the convenience of urban living, including walkability to downtown Excelsior and Lake Minnetonka. Meticulously maintained and move-in ready, the open main floor is bathed in natural light from numerous windows. The kitchen features a large island and a stunning 180-degree view of the surrounding landscape. The main floor includes a luxurious owner's ensuite, spacious additional bedrooms, and a second bath. The lower level extends the living space with a family room, bonus office or gym, and ample storage. This property is a rare gem, offering tranquility, elegance, and convenience. Truly a must-see. For more details, see Home Highlights.

Last Agent to Sell the Property

Graham Smith

Keller Williams Realty Integrity Lakes Listed on: 08/09/2024

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Dan Basil

Coldwell Banker Realty

Coldwell Banker Realty
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,126

Year Built

  • Built in 1960

Lot Details

  • Lake Front
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Game Room with Fireplace
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Well
  • Electric Water Heater
  • Water Softener Leased

Community Details

  • No Home Owners Association
  • Minnetonka Hills 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3411723320020

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,126

Year Built

Built in 1960

Lot Details

1.84 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 3118
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Drain Tiled, Finished, Storage Space, Sump Pump, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Rented
  • Fireplace Features: Amusement Room, Family Room, Living Room
  • Living Area: 4040
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 922
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • PatioPorchType: Deck, Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck, Exercise Room, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s)

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3411723320020
  • Tax Annual Amount: 11126
  • TaxWithAssessments: 11126

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Jan 22, 2025
Sold by
Bought by
Seller's Agent
Graham Smith
Keller Williams Realty Integrity Lakes
Buyer's Agent
Dan Basil
Coldwell Banker Realty
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Views
136
Current Estimated Value
$967,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,054
Avg. Annual Appreciation
8.92%
Original Mortgage
$130,000
Outstanding Balance
$128,047
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$839,008

Purchase Details

Closed on
Jun 17, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Burnet Title
-- Watermark Title Agency
-- Watermark Title Agency
$565,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $130,000
Previous Owner $455,000
Previous Owner $408,000
Previous Owner $88,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/27/2025 01/27/25 Sold $850,000 0.0% $210 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/04/2024 12/04/24 Off Market $850,000 -- --
11/11/2024 11/11/24 Price Changed $885,000 -1.1% $219 / Sq Ft
09/19/2024 09/19/24 Price Changed $895,000 -3.2% $222 / Sq Ft
08/09/2024 08/09/24 For Sale $925,000 -- $229 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,026 $855,000 $378,000 $477,000
2024 $12,322 $966,800 $413,700 $553,100
2023 $10,379 $860,800 $428,400 $432,400
2022 $8,787 $906,000 $428,000 $478,000
2021 $9,110 $660,000 $258,000 $402,000
2020 $8,761 $676,000 $275,000 $401,000
2019 $8,834 $626,000 $242,000 $384,000
2018 $8,413 $627,000 $242,000 $385,000
2017 $8,131 $577,000 $202,000 $375,000
2016 $7,525 $532,000 $212,000 $320,000
2015 $6,757 $482,000 $162,000 $320,000
2014 -- $471,000 $170,000 $301,000
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6581489

NorthstarMLS

APN: 34-117-23-32-0020

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