NOT LISTED FOR SALE

5350 Yellowstone Trail Excelsior, MN 55331

Estimated Value: $1,938,000 - $2,265,538

4 Beds
4.5 Baths
3,926 Sq Ft
$537/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $1,350,000 $344 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $13,801/month

119 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Heated In Ground Pool
  • Shirley Hills Primary School Rated A
  • Beach
  • Lake View

About This Home

As of August 2018

Just what you have been waiting for, a custom built 2-story with views of Lake Minnetonka, a 30ft deeded boat slip, association access to a pool, pool house & beach area! This stunning home features a gourmet kitchen, geothermal heating/cooling, a 4-season porch with fireplace, an expansive master suite & closet, a heated over-sized 3 car garage, a sweeping 2-story staircase with custom railing, a lower level wet bar/ entertainment area, & a wonderful deck/patio area overlooking the lake.

Last Listed By

Kristi Weinstock

Coldwell Banker Realty Listed on: 02/05/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,453

Year Built

  • Built in 2008

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 75 x 180 x 56 x 178
  • Street terminates at a dead end
  • Corner Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Pitched Roof
  • Asphalt Shingled Roof
  • Shake Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Lake Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Dock Available
  • Shared Waterfront
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3611724340025

Community Details

Overview

  • Association fees include beach access, dock, professional mgmt, shared amenities
  • Palmer Pointe HOA
  • Palmer Pointe Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,453

Year Built

Built in 2008

Lot Details

0

HOA Fees

$225 per month

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central, Geothermal
  • Outside Features: Brick/Stone, Shakes
  • Garage Spaces: 3.00
  • Accessibility Features: Other
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Dock, Other
  • Fuel Type: Natural Gas
  • Fee Frequency: Quarterly
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 3926.00
  • Above Grade Finished Area Search: 3926.00
  • Assessment Pending Y N: No
  • Association Management: Palmer Pointe HOA
  • Management Company Phone: 952-475-4905
  • Below Grade Finished Sq Ft: 1617.00
  • Carport Y N: No
  • Floor Plan Type: 2nd Floor Laundry, 3 BR on One Level
  • Foundation Area Units: Square Feet
  • Green Certification Status: Certified
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Sand
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 5069
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 5543.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 3611724340025
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Drain Tiled, Egress Windows, Finished (Livable), Full, Poured Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Furnace Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Fireplace Features: Family Room, Gas Burning, Living Room, Master Bedroom, Other, Stone
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Informal Dining Room, Separate/Formal Dining Room
  • Family Room Features: 2 or More, 2 Story/High/Vaulted Ceilings, Family Room, Great Room, Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Basement, Bathroom Ensuite, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1617.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles, Pitched
  • LakeAcres: 14729.56000
  • Waterfront View: Lake, Panoramic, See Remarks
  • PoolFeatures: Below Ground, Heated, Outdoor
  • Fencing: None
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, Geothermal, In-Floor Heating
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Other, Professional Mgmt, Shared Amenities
  • Association Fee: 674.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Ceiling Fan(s), Deck, Dock, Hardwood Floors, In-Ground Sprinkler, Kitchen Window, Natural Woodwork, Other, Patio, Porch, Security System, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 277 - Westonka
  • School District Phone: 952-491-8001

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 75 x 180 x 56 x 178
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Lot Size Acres: 0.3310
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 001 BLOCK 002 PALMER POINTE
  • Tax Amount: 14453.00
  • Tax Year: 2017
  • Tax With Assessments: 14453.00
  • Assessor Parcel Number: 3611724340025

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Deeded Access, Lake View, Dock, Association Access, Shared

MLS Schools

  • School District Name: 277 - Westonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Aug 10, 2018
Sold by
Taunton Kristin M
Bought by
Barron Gen T and Barron Craig S
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Total Days on Market
119
Current Estimated Value
$2,108,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,385
Avg. Annual Appreciation
6.80%
Original Mortgage
$850,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 26, 2015
Sold by
Wagner Michael J and Wagner Libby J
Bought by
Taunton Kristin M
Seller's Agent
Jeff Martineau
Coldwell Banker Realty
List Price
$1,369,900
Sold Price
$1,325,000
Premium/Discount to List
-$44,900
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%

Purchase Details

Closed on
Dec 5, 2007
Sold by
Palmer Heights Llc
Bought by
Denali Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.3%
Mortgage Type
Construction

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
Barron Gen T $1,350,000 Edina Realty Title Inc
Taunton Kristin M $1,325,000 Burnet Title
Denali Custom Homes Inc $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barron Gen T $830,815
Closed Barron Gen T $850,000
Previous Owner Wagner Michael J $137,126
Previous Owner Wagner Michael J $999,696
Previous Owner Denali Custom Homes Inc $105,522
Previous Owner Denali Custom Homes Inc $975,000
Previous Owner Denali Custom Homes Inc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $1,350,000 -3.5% $344 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
03/06/2018 03/06/18 Price Changed $1,399,000 -6.4% $356 / Sq Ft
02/05/2018 02/05/18 For Sale $1,495,000 +12.8% $381 / Sq Ft
03/26/2015 03/26/15 Sold $1,325,000 -3.3% $337 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $1,369,900 -- $349 / 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 $21,973 $2,103,600 $390,000 $1,713,600
2022 $16,520 $1,791,000 $390,000 $1,401,000
2021 $16,348 $1,459,000 $315,000 $1,144,000
2020 $17,570 $1,427,000 $300,000 $1,127,000
2019 $17,477 $1,430,000 $300,000 $1,130,000
2018 $17,609 $1,410,000 $375,000 $1,035,000
2017 $14,453 $1,114,000 $188,000 $926,000
2016 $12,465 $957,000 $188,000 $769,000
2015 $14,533 $1,084,000 $188,000 $896,000
2014 -- $1,084,000 $188,000 $896,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4905387

NorthstarMLS

APN: 36-117-24-34-0025