NOT LISTED FOR SALE

5460 Yellowstone Trail Excelsior, MN 55331

Estimated Value: $828,000 - $1,039,000

5 Beds
4.5 Baths
4,639 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $965,000 $208 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,074/month

7 Days on Market

Highlights

  • Beach
  • Heated In Ground Pool
  • Clubhouse
  • Shirley Hills Primary School Rated A
  • Multiple Garages
  • Family Room with Fireplace

About This Home

As of August 2024

Incredible 2 story walkout with wooded views in sought-after Palmer Pointe, featuring private beach on Lake Minnetonka, clubhouse & heated community pool! Step into this gorgeous home brimming with modern elegance throughout! You'll love the 2 story great room with soaring windows & abundant natural light, 20 foot stone fireplace, & open floor plan leading to gourmet kitchen! 4 bedrooms & 3 baths upstairs include Owner's Suite with walk in closet & private bath! Bonus room over the garage is perfect for guests, office or teen hangouts! Incredible lower level highlights include guest suite, spacious family room with dream wet bar, huge storage room & walkout doors letting you retreat to fantastic outdoor spaces featuring stunning landscaping, fireplace & hot tub! Recent updates include new carpeting & paint, freshened bathrooms, custom closets & so much more! Options for Westonka or Minnetonka schools, with convenient bus stop for both! Trails & Lake Minnetonka Regional Park nearby!

Last Agent to Sell the Property

Patrick Morgan

Coldwell Banker Realty Brokerage Phone: 612-803-2339 Listed on: 05/31/2024

Coldwell Banker Realty

Co-Listed By

Michelle Skott Morgan

Coldwell Banker Realty Brokerage Phone: 612-803-2339

Last Buyer's Agent

Beth Andrews

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,125

Year Built

  • Built in 2012

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 83x184x48x196
  • Street terminates at a dead end
  • Partially Fenced Property
  • Irregular Lot

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Home Office
  • Game Room with Fireplace
  • Bonus Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Air Exchanger
  • Heated In Ground Pool
  • Forced Air Zoned Cooling and Heating System

Listing and Financial Details

  • Assessor Parcel Number 3611724330040

Community Details

Overview

  • Association fees include beach access, dock, hazard insurance, professional mgmt, shared amenities
  • Associa Development Association, Phone Number (763) 225-6400
  • Palmer Pointe Subdivision

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,125

Year Built

Built in 2012

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Other
  • Fee Frequency: Quarterly
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 3470
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-803-2339
  • Attribution Contact: 612-803-2339
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drainage System, Egress Window(s), Finished, Full, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Free Standing, Gas, Other, Wood Burning
  • Living Area: 4639
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1169
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Office, Family Room, Billiard, Laundry, Bonus Room
  • Shared Rooms: Club House

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • Fencing: Other, Partial, Split Rail
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Deck,Patio
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Insulated Garage, Multiple Garages
  • Garage Square Feet: 709

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Hazard Insurance, Professional Mgmt, Shared Amenities
  • Phone: 763-225-6400
  • Association Fee: 400
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-Up Attic

Association/Amenities

  • HOA Management Co: Associa Development

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 83x184x48x196
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3611724330040
  • Tax Annual Amount: 9125
  • TaxWithAssessments: 9125.0000

Multi Family

  • WaterfrontFeatures: Association Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 5, 2024
Sold by
Bohne Matthew and Bohne Lisa
Bought by
Garvin Kenneth and Garvin Patricia
Seller's Agent
Patrick Morgan
Coldwell Banker Realty
Buyer's Agent
Beth Andrews
Coldwell Banker Realty
List Price
$925,000
Sold Price
$965,000
Premium/Discount to List
$40,000
4.32%
Views
16
Current Estimated Value
$971,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,636
Avg. Annual Appreciation
0.57%
Original Mortgage
$515,000
Outstanding Balance
$509,172
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$462,464

Purchase Details

Closed on
Jul 18, 2012
Sold by
Gehlbach Thomas E and Vanwinkle Leon Van
Bought by
Bohne Matthew P and Bohne Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Pulte Homes Of Minnesota Llc
Bought by
Gehlbach Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Palmer Heights Llc
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
Garvin Kenneth $965,000 --
Bohne Matthew P $680,000 Burnet Title
Gehlbach Thomas E $632,500 Title Recording Services Inc
Pulte Homes Of Minnesota Llc $5,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvin Kenneth $515,000
Previous Owner Bohne Matthew P $544,000
Previous Owner Gehlbach Thomas E $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $965,000 +4.3% $208 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $925,000 -- $199 / 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 $9,480 $919,200 $198,000 $721,200
2023 $9,567 $966,600 $252,000 $714,600
2022 $8,102 $918,000 $252,000 $666,000
2021 $6,963 $761,000 $210,000 $551,000
2020 $7,312 $659,000 $122,000 $537,000
2019 $7,414 $647,000 $119,000 $528,000
2018 $7,496 $650,000 $150,000 $500,000
2017 $8,499 $692,000 $210,000 $482,000
2016 $8,265 $665,000 $210,000 $455,000
2015 $8,349 $661,000 $210,000 $451,000
2014 -- $565,000 $180,000 $385,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6542978

NorthstarMLS

APN: 36-117-24-33-0040