Hennepin County property record for 5435 Timber Ln, Excelsior, MN 55331 · Last verified July 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Bedrooms | 2 Beds |
| Bathrooms | 2.25 Baths |
| Year Built | Built 2014 |
| Square Footage | 2,142 sqft Living Area |
| Lot Size | 27,443 sqft (0.63 acres) |
| Occupancy | Owner Occupied |
| Last Sale | $850,000 (2014) |
| Tax Bill | $39,415.00 (2025) |
| Primary APN | 34-117-23-22-0017 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 2.25 Baths |
| Partial Baths | 2 Partial Baths |
| Total Rooms | 6 Rooms |
| Building Area | 2,142 sqft Living Area |
| Gross Area | 4,880 sqft Gross Area |
| 1st Floor | 2,142 sqft 1st Floor |
| Basement Area | 1,678 sqft Basement |
| Family Room | Family Room |
| Stories | 1 Stories |
| Primary Flooring | Wood Flooring |
| Interior Structure | Wallboard/Drywall Interior Structure |
| Fireplace | Fireplace |
| Fireplaces | 1 Fireplaces |
| Year Built | Built 2014 |
|---|---|
| Effective Year Built | Effective 2014 |
| Architectural Style | Ranch Style |
| Exterior Material | Wood Exterior |
| Construction Type | Frame Construction |
| Roof Construction | Gable Roof Construction |
| Roof Material | Wood Roof |
| Lot Area | 27,443 sqft (0.63 acres) |
| Depth X Width | 359 ft x 11 ft Depth x Width |
| Garage Type | Attached Garage |
| Garage Area | 864 sqft Garage |
| Deck Area | 189 sqft Deck |
| Patio Area | 572 sqft Patio |
| Topography | Wooded Topography |
| Cooling System | A/C Package Cooling |
|---|---|
| Heating System | Space Heating |
| Street Address | 5435 TIMBER LN |
|---|---|
| City | EXCELSIOR |
| State | MN |
| Zip | 55331-1708 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | LOT 002 T TIMBER LANE S50X359X127X303 |
| Legal Range | 23 |
| Legal Township | 117 |
| Legal Section | 34 |
| Legal Quarter | 22 |
| Legal Subdivision | TIMBER LANE |
| Legal Block | 1 |
| Legal Lot Number | 2 |
| Jurisdiction | HENNEPIN MN |
| Minor Civil Division | SHOREWOOD |
| Census Blockgroup | 1 |
| Census Block | 1002 |
| Census Tract | 27503 |
Source: Hennepin County records · APN 34-117-23-22-0017
Assessment roll updated June 23, 2026 · Last verified July 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 5435 TIMBER LN, EXCELSIOR, MN 55331-1708 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is a Company |
| Vesting | Owner is a Trust, Revocable Trust |
| Date | Document |
|---|---|
| Mar 22, 2023 | Intrafamily Transfer, Transfer |
| Mar 03, 2022 | Deed of Trust, Mortgage · Building or Construction Mortgage CROWN BANK |
| May 02, 2019 | Grant Deed, Construction Loan · Line of Credit TRADITION LNDG SOLUTIONS INC |
| Feb 28, 2019 | Deed of Trust, Mortgage · Conventional Mortgage ELMER SALOVICH |
| Jun 18, 2018 | Deed of Trust, Mortgage TRADITION MTG |
| Mar 19, 2018 | Quit Claim Deed, Transfer RALLS SUSAN N TRUST (RT) |
| Jul 16, 2015 | Deed of Trust, Mortgage · Conventional Mortgage ELMER SALOVICH |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jan 16, 2014 · Amount on Record |
| Deed Sale | Jan 16, 2014 · Amount on Record |
| Prior Sale | Dec 08, 1997 · Amount on Record |
| Deed Doc Number | 20145146822 |
| Last Transfer Date | Feb 08, 2023 |
| Transfer Doc | 00T6004341 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Mar 22, 2023 |
| Property Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Document Number | 00T6004341 |
| Instrument Date | Feb 08, 2023 |
| Instrument | T6004341 |
| Transaction Type | Transfer |
| Record Updated | Jun 07, 2023 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Zero or No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Revocable Trust |
| Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Transaction Type | Mortgage |
| Record Updated | Mar 11, 2022 |
| Name | Verified Name |
|---|
| Document Number | 00T5926524 |
|---|---|
| Date | Mar 03, 2022 |
| Instrument | T5926524 |
| Name | CROWN BANK |
|---|---|
| Type | Bank |
| Address | MINNEAPOLIS, MN 55435 |
| Type | Building or Construction Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 57 Months |
| Due | Dec 04, 2026 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | May 02, 2019 |
| Property Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Instrument Date | Apr 24, 2019 |
| Instrument | 5610418 |
| Transaction Type | Construction Loan |
| Record Updated | May 21, 2019 |
| Title Company | ESQUIRE TITLE, ESQUIRE TITLE SERVICES |
| Name | Verified Name |
|---|---|
| Relationship | Revocable Trust |
| Address | 5435 TIMBER LN EXCELSIOR MN 553311708, EXCELSIOR, MN 55331-1708 |
| Document Number | 0005610418 |
|---|---|
| Date | May 02, 2019 |
| Instrument | 5610418 |
| Name | TRADITION LNDG SOLUTIONS INC |
|---|---|
| Address | 7601 FRANCE AVE S # B, EDINA, MN 55435-5968 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 12 Months |
| Due | May 01, 2020 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 18% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Document Number | 0005614679 |
| Instrument Date | Feb 28, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Jun 03, 2019 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Personal Trust |
| Address | 5435 TIMBER LN EXCELSIOR MN 553311708, EXCELSIOR, MN 55331-1708 |
| Document Number | 0005614679 |
|---|---|
| Date | May 15, 2019 |
| Instrument | 5614679 |
| Name | ELMER SALOVICH |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 12 Months |
| Due | May 14, 2020 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Document Number | 0005541078 |
| Instrument Date | Jun 18, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Jul 12, 2018 |
| Title Company | ESQUIRE TITLE |
| Name | Verified Name |
|---|---|
| Relationship | Revocable Trust |
| Address | 5435 TIMBER LN EXCELSIOR MN 553311708, EXCELSIOR, MN 55331-1708 |
| Document Number | 0005541078 |
|---|---|
| Date | Jun 25, 2018 |
| Instrument | 5541078 |
| Name | TRADITION MTG |
|---|---|
| Type | Mortgage Company |
| Address | 16995 BRANDTJEN FARM DR # 300, LAKEVILLE, MN 55044-6047 |
| Amount | Amount Recorded |
|---|---|
| Term | 360 Months |
| Due | Jun 24, 2048 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Mar 19, 2018 |
| Property Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Document Number | 0005518623 |
| Instrument Date | Mar 09, 2018 |
| Instrument | 5518623 |
| Transaction Type | Transfer |
| Record Updated | Jul 20, 2020 |
| Title Company | ACTIVE TITLE AGENCY INC, ACTIVE TITLE AGCY INC |
| Amount | Amount Recorded |
|---|---|
| Tax | $2.00 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Revocable Trust |
| Address | 5435 TIMBER LN EXCELSIOR MN 553311708, EXCELSIOR, MN 55331-1708 |
| Document Number | 5720794 |
|---|---|
| Date | Mar 19, 2018 |
| Instrument | 5720794 |
| Name | RALLS SUSAN N TRUST (RT) |
|---|---|
| Address | 298 RED ROCK RD, BASALT, CO 81621-9139 |
| Amount | Amount Recorded |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 5435 TIMBER LN, SHOREWOOD, MN 55331-1708 |
| Document Number | 0005474593 |
| Instrument Date | Jul 16, 2015 |
| Transaction Type | Mortgage |
| Record Updated | Oct 10, 2017 |
| Name | Verified Name |
|---|---|
| Relationship | Husband And Wife |
| Address | 5435 TIMBER LN EXCELSIOR MN 553311708, EXCELSIOR, MN 55331-1708 |
| Document Number | 0005474593 |
|---|---|
| Date | Sep 12, 2017 |
| Instrument | 5474593 |
| Name | ELMER SALOVICH |
|---|---|
| Address | 12 OVERHOLT PASS, EDINA, MN 55439-1146 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
Source: Hennepin County records · Assessment roll updated June 23, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Hennepin County |
| Municipality | Shorewood City |
| Unified School District | Minnetonka Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $39,415.00 (+14.24%) | $2,850,300 (+11.18%) Land $1,668,500 Building $1,181,800 | $2,850,300 (+11.18%) Land $1,668,500 Building $1,181,800 |
| 2024 | $34,502.00 (+16.41%) | $2,563,700 (+12.2%) Land $1,589,000 Building $974,700 | $2,563,700 (+12.2%) Land $1,589,000 Building $974,700 |
| 2023 | $29,638.00 Homeowner's exemption | ||
| 2022 | $2,285,000 Land $1,514,000 Building $771,000 | $2,285,000 Land $1,514,000 Building $771,000 |
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