NOT LISTED FOR SALE

5465 Gideons Ln Excelsior, MN 55331

Estimated Value: $475,000 - $518,000

3 Beds
2.5 Baths
2,748 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $459,500 $167 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,425/month

102 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • The kitchen features windows
  • Minnewashta Elementary School Rated A
  • Home Office
  • 2 Car Attached Garage

About This Home

As of February 2024

One level living with the features and price you have been looking for.Fabulous location in the Heart of the South Lake Minnetonka area. This one level living townhome is adjacent to the LRT Trail System.The neighborhood is on the site of the original Gideon homestead and orchard.Less than one mile from Excelsior, you can walk or bike into town in a few minutes. Minnetonka Marina gives boating access and is a quick stroll from the home.Trail Runs west to Victoria and East to Minneapolis.Two local restaurants, Hazelwood, and Joey Nova’s are across the street for your convenience.The Gideon Woods Association is professionally managed with ample reserves and reasonable association fees.This well-maintained home has had many recent updates including roof, HVAC, driveway, and more.Be sure to see the video tour with aerials! You will see the charm and value in this hard-to-find property in South Lake Minnetonka!

Last Agent to Sell the Property

Clifford Love

Engel & Volkers Lake Minnetonka Listed on: 10/15/2023

Engel & Volkers Lake Minnetonka

Last Buyer's Agent

Kimberly Reeves

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,665

Year Built

  • Built in 1996

Lot Details

  • 3,920

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Property Attached

Interior Spaces

  • 1-Story Property
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Additional Features

  • Deck
  • 3,920 Sq Ft Lot

Community Details

  • Association fees include hazard insurance, lawn care, ground maintenance, trash, snow removal
  • Gwh Mgmt Association, Phone Number (651) 554-9949
  • Gideons Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3311723120066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,665

Year Built

Built in 1996

Lot Details

0

HOA Fees

$354 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1500
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Drain Tiled, Drainage System, Egress Window(s), Finished, Full, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Family Room, Gas, Living Room
  • Living Area: 2748
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1248
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Laundry, Office, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 525

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance, Lawn Care, Maintenance Grounds, Trash, Snow Removal
  • Phone: 651-554-9949
  • Association Fee: 354
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Porch

Association/Amenities

  • HOA Management Co: GWH Mgmt

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 3920.4
  • 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, Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3311723120066
  • Tax Annual Amount: 4665
  • TaxWithAssessments: 4665.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Mar 4, 2024
Sold by
Wieder Douglas and Wieder Cheryl Lynn
Bought by
Jgl Family Trust and Wieder
Seller's Agent
Clifford Love
Engel & Volkers Lake Minnetonka
Buyer's Agent
Kimberly Reeves
Keller Williams Premier Realty Lake Minnetonka
List Price
$485,000
Sold Price
$459,500
Premium/Discount to List
-$25,500
-5.26%
Views
214
Current Estimated Value
$496,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,282
Avg. Annual Appreciation
4.90%
Original Mortgage
$367,600
Outstanding Balance
$361,104
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$135,678

Purchase Details

Listed on
Oct 15, 2023
Closed on
Feb 12, 2024
Sold by
Margaret J Waltz J and Margaret Theodore F
Bought by
Wieder Douglas
Seller's Agent
Clifford Love
Engel & Volkers Lake Minnetonka
Buyer's Agent
Kimberly Reeves
Keller Williams Premier Realty Lake Minnetonka
List Price
$485,000
Sold Price
$459,500
Premium/Discount to List
-$25,500
-5.26%
Views
214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,600
Outstanding Balance
$361,104
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$135,678

Purchase Details

Closed on
Aug 28, 2013
Sold by
Waltz Theodore F and Waltz Margaret J
Bought by
Waltz Margaret J and Waltz Theodore F

Purchase Details

Closed on
Jan 23, 2009
Sold by
Latham Marilyn K
Bought by
Waltz Theodore F and Waltz Margaret J

Purchase Details

Closed on
Aug 23, 1996
Sold by
George J Game Trust
Bought by
Latham Marilyn K
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
Jgl Family Trust $500 None Listed On Document
Wieder Douglas $459,500 --
Waltz Margaret J -- None Available
Waltz Theodore F $312,500 --
Latham Marilyn K $214,712 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wieder Douglas $367,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $459,500 -2.1% $167 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
11/17/2023 11/17/23 Price Changed $469,500 -3.2% $171 / Sq Ft
10/19/2023 10/19/23 For Sale $485,000 -- $176 / 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 $5,240 $453,100 $133,200 $319,900
2023 $4,974 $444,500 $118,800 $325,700
2022 $4,687 $411,000 $99,000 $312,000
2021 $4,621 $371,000 $99,000 $272,000
2020 $4,778 $363,000 $99,000 $264,000
2019 $4,620 $358,000 $94,000 $264,000
2018 $4,336 $345,000 $94,000 $251,000
2017 $3,628 $274,000 $50,000 $224,000
2016 $3,692 $274,000 $68,000 $206,000
2015 $3,698 $274,000 $68,000 $206,000
2014 -- $244,000 $54,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6443325

NorthstarMLS

APN: 33-117-23-12-0066