NOT LISTED FOR SALE

4041 Pipewood Ln Excelsior, MN 55331

Estimated Value: $938,000 - $1,039,000

6 Beds
5 Baths
4,420 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $820,000 $186 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,192/month

118 Days on Market

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • Den
  • Minnewashta Elementary School Rated A
  • No HOA
  • The kitchen features windows

About This Home

As of January 2023

Situated on a cul-de-sac in the coveted Hidden Creek Meadows neighborhood, this executive home features a private backyard and is adjacent to the Lake Minnetonka Regional Trail for easy access to downtown Excelsior. The center-island kitchen is open to the living room for a great room concept perfect for entertaining and the lower level has additional entertaining space with the family room and recreation game room. Relax in the backyard surrounded by shady trees, complete with deck and fire pit area. New roof in 2021, 4 bedrooms up with all direct bath access including a Jack and Jill bathroom and spa-like master suite, main floor bedroom, guest suite in lower level and updates galore! Don't miss the 3D walk-through virtual tour!

Last Agent to Sell the Property

Michael Wasem

Edina Realty, Inc. Listed on: 06/24/2022

Edina Realty, Inc.

Co-Listed By

Michael Wasem

Edina Realty, Inc.

Last Buyer's Agent

Deborah Marty

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,382

Year Built

  • Built in 2010

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 140x94x143x173

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Den
  • Recreation Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association
  • Hidden Creek Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 253410020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,382

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2010
  • Above Grade Finished Sq Ft: 3227
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 4420
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1193
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Recreation Room, Bedroom 5, Bedroom 6, Den, Mud Room, Laundry
  • SqFtTotal: 5042.00

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Electric

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 621

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 Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 140x94x143x173
  • Lot Size Sq Ft: 15681.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Board

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 253410020
  • Tax Annual Amount: 8382
  • TaxWithAssessments: 8382.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jan 27, 2023
Sold by
Leskauskas Christopher and Leskauskas Tracy
Bought by
Gilligan Michael and Gilligan Meghan
Seller's Agent
Michael Wasem
Edina Realty, Inc.
Buyer's Agent
Deborah Marty
Edina Realty, Inc.
List Price
$900,000
Sold Price
$820,000
Premium/Discount to List
-$80,000
-8.89%
Views
38
Current Estimated Value
$990,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,653
Avg. Annual Appreciation
7.54%
Original Mortgage
$776,010
Outstanding Balance
$752,426
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$238,227

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jan 23, 2023
Sold by
Leskauskas Christopher J
Bought by
Gilligan Michael and Gilligan Meghan
Seller's Agent
Michael Wasem
Edina Realty, Inc.
Buyer's Agent
Deborah Marty
Edina Realty, Inc.
List Price
$900,000
Sold Price
$820,000
Premium/Discount to List
-$80,000
-8.89%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,010
Outstanding Balance
$752,426
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$238,227

Purchase Details

Closed on
Jul 3, 2015
Sold by
Leskauskas Christopher J and Leskauskas Tracy E
Bought by
Leskauskas Christopher J and Leskauskas Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.01%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 14, 2011
Sold by
Pulte Homes Of Minnesota Llc
Bought by
Leskauskas Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,820
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2010
Sold by
Buyer Building Corporation
Bought by
Pulte Homes Of Minnesota Llc
Source: Public Records

Range of Values:

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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
Gilligan Michael $820,000 --
Gilligan Michael $820,000 Edina Realty Title
Leskauskas Christopher J -- Old Republic Title
Leskauskas Christopher J $579,821 Pgp Title Inc
Pulte Homes Of Minnesota Llc $519,767 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilligan Michael $776,010
Closed Gilligan Michael $738,000
Previous Owner Leskauskas Christopher J $462,000
Previous Owner Leskauskas Christopher J $454,000
Previous Owner Leskauskas Christopher J $453,100
Previous Owner Leskauskas Christopher J $453,100
Previous Owner Leskauskas Christopher J $424,100
Previous Owner Leskauskas Christopher J $424,100
Previous Owner Leskauskas Christopher J $417,000
Previous Owner Leskauskas Christopher J $417,000
Previous Owner Leskauskas Christopher J $384,000
Previous Owner Leskauskas Christopher J $379,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $820,000 -3.5% $186 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $850,000 -5.6% $192 / Sq Ft
06/24/2022 06/24/22 For Sale $900,000 -- $204 / 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
2025 $10,028 $889,100 $209,000 $680,100
2024 $9,586 $878,100 $198,000 $680,100
2023 $9,136 $864,100 $198,000 $666,100
2022 $8,382 $831,100 $198,000 $633,100
2021 $8,342 $685,300 $164,300 $521,000
2020 $8,434 $680,600 $164,300 $516,300
2019 $9,216 $726,800 $156,500 $570,300
2018 $8,412 $726,800 $156,500 $570,300
2017 $8,496 $663,800 $149,000 $514,800
2016 $8,118 $629,800 $0 $0
2015 $7,202 $623,400 $0 $0
2014 $7,202 $536,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6224629

NorthstarMLS

APN: 25.3410020