$520,000
SOLD AUG 8, 2025

5515 Gideons Ln Excelsior, MN 55331

4 Beds
2.5 Baths
2,726 Sq Ft
$400/mo HOA Fee

Recently Sold

$191 Per Sq Ft

5% Below List Price

135 Days on Market

Highlights

  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Minnewashta Elementary School Rated A
  • 1-Story Property
  • Central Vacuum

About This Home

As of August 2025

This spacious one level unit is part of a small Townhouse Community located on the Lake Minnetonka Regional Trail. Less than a 25 minute walk to the Historic Downtown Excelsior with amazing shopping, restaurants, boutique stores, and public beaches. This lovely home offers 4 bedrooms and 2.5 bathrooms! Freshly updated with new windows, kitchen appliances, countertops, and beautiful LVP floors. Enjoy your nights in, with two fireplaces - one in the open living room with vaulted ceilings and the other in the cozy walkout basement family room! Huge storage room in the basement with shelves already put in place! This home also offers a central vacuum system! Don't wait and make this your home!

Last Agent to Sell the Property

Aleksandr Gorshteyn

Algo Realty Inc Listed on: 02/01/2025

Last Buyer's Agent

Paula Swirtz

LPT Realty, LLC

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,360

Year Built

  • Built in 1998

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 106

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Property Care Association, Phone Number (612) 642-2956
  • Gideon's Woods Townhomes Association Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3311723120061

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,360

Year Built

Built in 1998

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1666
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 2726
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1060
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Utility Room

Beds/Baths

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

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 424

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 612-642-2956
  • Association Fee: 400
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Sun Room,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Property Care

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 40 x 106
  • Lot Size Sq Ft: 3920.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3311723120061
  • Tax Annual Amount: 5360
  • TaxWithAssessments: 5360.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2020
Sold by
Erickson Stephen K and Erickson Marilyn S
Bought by
Gorshteyn Ella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,550
Outstanding Balance
$344,954
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$184,718

Purchase Details

Closed on
Nov 19, 2003
Sold by
Mclane Lawrence N and Mclane Ione W
Bought by
Erickson Stephen K and Erickson Marilyn S

Purchase Details

Closed on
Nov 20, 1999
Sold by
Game George J
Bought by
Mclane Lawrence N and Mclane Ione W
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $409,000 Edina Realty Title Inc
Warranty Deed $322,500 --
Deed $227,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,550 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $221,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $520,000 -3.7% $191 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $539,900 -0.9% $198 / Sq Ft
05/02/2025 05/02/25 Price Changed $544,900 -0.9% $200 / Sq Ft
02/01/2025 02/01/25 For Sale $549,900 0.0% $202 / Sq Ft
02/01/2023 02/01/23 Rented $2,900 0.0% --
11/03/2022 11/03/22 For Rent $2,900 -- --
11/03/2022 11/03/22 Under Contract -- -- --
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 $5,360 $479,000 $118,800 $360,200
2022 $4,876 $441,000 $99,000 $342,000
2021 $4,772 $385,000 $99,000 $286,000
2020 $4,864 $374,000 $99,000 $275,000
2019 $4,809 $364,000 $94,000 $270,000
2018 $4,380 $358,000 $94,000 $264,000
2017 $3,628 $274,000 $50,000 $224,000
2016 $3,662 $272,000 $68,000 $204,000
2015 $3,547 $264,000 $60,000 $204,000
2014 -- $232,000 $48,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6653124

NorthstarMLS

APN: 33-117-23-12-0061