NOT LISTED FOR SALE

27475 Pine Bend Excelsior, MN 55331

Estimated Value: $721,000 - $797,000

4 Beds
2.5 Baths
2,870 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 09, 2025

Last sale price $750,000 $261 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,619/month

7 Days on Market

Highlights

  • Second Kitchen
  • Family Room with Fireplace
  • Home Office
  • Minnewashta Elementary School Rated A
  • No HOA
  • Stainless Steel Appliances

About This Home

As of May 2025

Just one block from Lake Minnetonka and two blocks from Howard's Point Marina, this beautifully updated rambler offers the perfect blend of charm and modern convenience. The open floor plan features exposed beams, a cozy wood-burning fireplace, updated kitchen that ensures comfort and efficiency, and a brand new 1/2 bath on the main level. The main also includes 2 bedrooms plus office/bedroom option. The lower level offers a second kitchen with a spacious family room, two additional bedrooms - perfect for guest living.

With so many updates throughout, this home is truly a special one. Step outside to enjoy the newly added porch and beautifully landscaped .6 acre yard. Don't miss this rare opportunity to own a gorgeous home in a prime location!

Last Agent to Sell the Property

Kari Wolfe

RE/MAX Results Listed on: 04/04/2025

RE/MAX Results

Last Buyer's Agent

Theodora Velic

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,529

Year Built

  • Built in 1971

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 172.72x140x85.36x47.28x120x158.77
  • Property has an invisible fence for dogs
  • Irregular Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Circulating Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Storage Room

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Crawl Space
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tonka View Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3111723140009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,529

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 1450
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Sump Pump, Tile Shower, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Circulating, Family Room, Gas, Stone, Wood Burning
  • Living Area: 2870
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1420
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Family Room, Dining Room, Office, Bedroom 1, Bedroom 2, Kitchen- 2nd, Bedroom 3, Bedroom 4, Foyer, Storage

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Invisible
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 172.72x140x85.36x47.28x120x158.77
  • Lot Size Sq Ft: 26136
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3111723140009
  • Tax Annual Amount: 7529
  • TaxWithAssessments: 7528.8200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 2, 2025
Sold by
May Kevin K and May Denise K
Bought by
Sayler Zoe and Sayler Daniel
Seller's Agent
Kari Wolfe
RE/MAX Results
Buyer's Agent
Theodora Velic
eXp Realty
List Price
$735,000
Sold Price
$750,000
Premium/Discount to List
$15,000
2.04%
Views
62
Current Estimated Value
$759,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,711
Avg. Annual Appreciation
2.20%
Original Mortgage
$661,500
Outstanding Balance
$659,153
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$100,558

Purchase Details

Closed on
Oct 11, 2019
Sold by
Rude Bradley D and Rude Kael
Bought by
May Denise K and May Kevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2013
Sold by
Jacobson Todd E and Jacobson Lindsey F
Bought by
Rude Bradey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,541
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2011
Sold by
Latty Steven R and Latty Tracee J
Bought by
Jacobson Todd E and Jacobson Lindsey F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,076
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2007
Sold by
Seymour Ann
Bought by
Latty Steven R and Latty Tracee J

Purchase Details

Closed on
Jan 3, 2002
Sold by
Clay Timothy C and Clay Christy W
Bought by
Farni Ann S

Purchase Details

Closed on
Jun 19, 1997
Sold by
Smith Dennis P and Smith Bridget A
Bought by
Clay Timothy C and Clay Christy W
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
Sayler Zoe $750,000 Watermark Title
May Denise K $463,000 Attorneys Title Group Llc
Rude Bradey D $281,470 Liberty Title Inc
Jacobson Todd E $295,000 Edina Realty Title Inc
Jacobson Lindsey F $295,000 --
Latty Steven R $395,000 --
Farni Ann S $305,000 --
Clay Timothy C $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayler Zoe $661,500
Previous Owner May Denise K $370,400
Previous Owner Rude Bradey D $280,541
Previous Owner Jacobson Todd E $343,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $750,000 +2.0% $261 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $735,000 -- $256 / 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
2024 $7,529 $621,700 $279,000 $342,700
2023 $7,482 $642,300 $305,000 $337,300
2022 $5,525 $542,000 $220,000 $322,000
2021 $5,333 $434,000 $160,000 $274,000
2020 $5,281 $415,000 $145,000 $270,000
2019 $5,403 $393,000 $145,000 $248,000
2018 $4,931 $399,000 $158,000 $241,000
2017 $4,642 $343,000 $135,000 $208,000
2016 $4,590 $334,000 $144,000 $190,000
2015 $3,833 $283,000 $93,000 $190,000
2014 -- $280,000 $105,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6686028

NorthstarMLS

APN: 31-117-23-14-0009