Landlord's Agent in 2025
Ryan Platzke
Coldwell Banker Realty
(651) 335-3912
11 in this area
852 Total Sales
25455 Nelsine Dr Excelsior, MN 55331
Estimated Value: $463,000 - $673,000
5
Beds
3
Baths
2,276
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Mud Room
- No HOA
- Stainless Steel Appliances
- Minnewashta Elementary School Rated A
- Lower Floor Utility Room
- The kitchen features windows
About This Home
As of October 2025Located at the end of a quiet cul-de-sac on a generous 0.8-acre lot, this thoughtfully updated home in the coveted Minnetonka school district offers the perfect blend of privacy, convenience, and modern comfort. Just a short walk from Lake Minnetonka, Howard's Point Marina, Crescent Beach, the LRT Regional Trail, and downtown Excelsior, the location delivers a true lifestyle upgrade-whether you're into boating, biking, or boutique shopping. Inside, the open-concept kitchen shines with granite countertops, new cabinetry, and stainless steel appliances. It's ideal for hosting or everyday living. The spacious living room centers around a cozy wood-burning fireplace, while new windows and bright, modern lighting create a warm, inviting atmosphere throughout. Step out from the dining room into a charming screened-in porch, perfect for morning coffee or evening gatherings. Downstairs, The large family room with a walkout to the backyard is flanked by a large mudroom that enhances everyday functionality, keeping life organized and clutter-free. A newly installed ductless mini-split system in the kitchen and primary bedroom ensures year-round comfort and energy efficiency. Don't miss your chance to rent this beautifully updated home in one of Lake Minnetonka's most desirable communities!
Last Agent to Rent the Property
Coldwell Banker Realty Brokerage Phone: 6127994406 Listed on: 10/08/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- Irregular Lot
- Few Trees
Parking
- 1 Car Attached Garage
- Tuck Under Garage
Home Design
- Bi-Level Home
Interior Spaces
- Wood Burning Fireplace
- Brick Fireplace
- Mud Room
- Combination Kitchen and Dining Room
- Lower Floor Utility Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Laundry in Hall
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Walk-Out Basement
- Laundry in Basement
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Screened Patio
- Side Porch
Utilities
- Mini Split Air Conditioners
- Vented Exhaust Fan
- Baseboard Heating
- Water Filtration System
- Gas Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
- Eureka Richland Subdivision
Listing and Financial Details
- Property Available on 10/10/25
- Tenant pays for electricity, gas, lawn care, snow removal
- The owner pays for repairs, sewer, taxes, trash collection, water
- Assessor Parcel Number R3311723220011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2023
Closed on
Jun 2, 2023
Sold by
Cavanaugh Kayla and Cavanaugh Jack M
Bought by
Itman Anna and Itman David
Seller's Agent
Penelope Frohardt
Coldwell Banker Realty
Buyer's Agent
David Itman
Coldwell Banker Realty
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%
Views
162
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,071
Avg. Annual Appreciation
-0.46%
Original Mortgage
$424,000
Outstanding Balance
$412,592
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$111,337
Purchase Details
Closed on
Sep 9, 2022
Sold by
Steady Properties Llc
Bought by
Cavanaugh Jack M and Cavanaugh Kayla M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 2021
Sold by
Pudvan Michael H
Bought by
Steady Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 6, 2000
Sold by
Fern Robert L and Fern Julie
Bought by
Pudvan Michael H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Itman Anna | $530,000 | Burnet Title | |
| Cavanaugh Jack M | $510,000 | Burnet Title | |
| Steady Properties Llc | $250,000 | Watermark Title Agency | |
| Pudvan Michael H | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Itman Anna | $424,000 | |
| Previous Owner | Cavanaugh Jack M | $408,000 | |
| Previous Owner | Steady Properties Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | Off Market | $3,200 | -- | -- | |
| 10/24/2025 10/24/25 | Rented | $3,200 | 0.0% | -- | |
| 10/08/2025 10/08/25 | For Rent | $3,200 | -5.9% | -- | |
| 05/28/2024 05/28/24 | Rented | $3,400 | -1.4% | -- | |
| 05/17/2024 05/17/24 | For Rent | $3,450 | 0.0% | -- | |
| 06/16/2023 06/16/23 | Sold | $530,000 | +1.0% | $207 / Sq Ft | View Prior Sale |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- | |
| 05/16/2023 05/16/23 | Price Changed | $524,900 | -1.9% | $205 / Sq Ft | |
| 05/04/2023 05/04/23 | Price Changed | $535,000 | -2.7% | $209 / Sq Ft | |
| 04/27/2023 04/27/23 | For Sale | $549,900 | -- | $215 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,399 | $465,800 | $169,100 | $296,700 |
| 2023 | $5,872 | $520,900 | $218,600 | $302,300 |
| 2022 | $4,415 | $230,000 | $210,000 | $20,000 |
| 2021 | $3,977 | $351,000 | $149,000 | $202,000 |
| 2020 | $3,814 | $316,000 | $121,000 | $195,000 |
| 2019 | $3,736 | $291,000 | $105,000 | $186,000 |
| 2018 | $4,090 | $284,000 | $105,000 | $179,000 |
| 2017 | $3,819 | $287,000 | $131,000 | $156,000 |
| 2016 | $3,588 | $267,000 | $130,000 | $137,000 |
| 2015 | $3,126 | $236,000 | $99,000 | $137,000 |
| 2014 | -- | $206,000 | $88,000 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Platzke
-
Jack Pipkorn
J
Landlord's Co-Listing Agent in 2025
Jack Pipkorn
Coldwell Banker Realty
(612) 794-4406
18 Total Sales
-
David Itman
Seller's Agent in 2024
David Itman
Coldwell Banker Burnet
(651) 485-0860
1 in this area
9 Total Sales
-
Penelope Frohardt
Seller's Agent in 2023
Penelope Frohardt
Coldwell Banker Burnet
(612) 237-5611
2 in this area
45 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6801334
APN: 33-117-23-22-0011
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