NOT LISTED FOR SALE

1 3rd St Excelsior, MN 55331

Estimated Value: $2,680,000 - $6,856,000

5 Beds
4.5 Baths
4,428 Sq Ft
$1,201/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $3,550,000 $802 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $36,146/month

84 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Deck
  • Whirlpool Bathtub
  • Excelsior Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of November 2014

Historic landmark in the heart of Excelsior! Total renovation blends turn of century allure with modern amenities. Small town charm on Lake Minnetonka with restaurants, theater, beaches, tennis. 150ft of hard pack sand beach & incredible views to Wayzata!

Last Agent to Sell the Property

Candice Stabeck

Lakes Sotheby's International Listed on: 07/25/2014

Co-Listed By

Timothy Berg

Edina Realty, Inc.

Last Buyer's Agent

Eric Stafford

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,538

Year Built

  • Built in 1901

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 185x130x12
  • 150 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3411723210046

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,538

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.38
  • Construction: Previously Owned
  • Foundation Size: 1472
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 3411723210046
  • Projected Closed Date: 11/07/2014
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 36538
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Room 1: Living Room, 28x14, On Level: Main
  • Room 2: Dining Room, 15x12, On Level: Main
  • Room 3: Family Room, 22x13, On Level: Lower
  • Room 4: Kitchen, 14x14, On Level: Main
  • Room 5: Bedroom, 15x14, On Level: Upper
  • Room 6: Bedroom, 13x13, On Level: Upper
  • Room 7: 13x11, On Level: Upper
  • Room 8: Bedroom, 17x9, On Level: Upper
  • Room 9: Bedroom, 13x8, On Level: Upper
  • Room 10: Other, 27x27, On Level: Upper
  • Room 11: Den/Office, 12x11, On Level: Main
  • Room 12: Mud Room, On Level: Main
  • Room 13: Porch, On Level: Main
  • Room 14: Deck, On Level: Main
  • Basement Features: Partially Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3868
  • Below Grade Finished Sq Ft: 560
  • Total Fin Square Footage: 4428

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved, Sidewalk
  • LakeAcres: 14652
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 150
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 185x130x12
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1901

Tax Info

  • Year: 2014
  • Tax Value: 36538

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 7, 2014
Sold by
Olson Cindy L
Bought by
Brian Mcmillan Revocable Trust
Seller's Agent
Candice Stabeck
Lakes Sotheby's International
Buyer's Agent
Eric Stafford
Coldwell Banker Burnet
List Price
$4,100,000
Sold Price
$3,550,000
Premium/Discount to List
-$550,000
-13.41%
Total Days on Market
84
Current Estimated Value
$5,318,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,768,946
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Helmer Tami R and Helmer Gregory A
Bought by
Olson John T and Olson Cindy L

Purchase Details

Closed on
Feb 12, 1998
Sold by
Haug David A and Haug Mildred
Bought by
Helmer Gregory A and Helmer Tami R
Source: Public Records

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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 Buyer Sale Price Title Company
Brian Mcmillan Revocable Trust $3,550,000 Burnet Title
Olson John T $2,642,500 --
Helmer Gregory A $664,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $3,550,000 -13.4% $802 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $4,100,000 -- $926 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $76,820 $5,652,900 $4,210,400 $1,442,500
2022 $58,784 $4,865,000 $3,693,000 $1,172,000
2021 $55,935 $3,871,000 $2,931,000 $940,000
2020 $54,337 $3,699,000 $2,792,000 $907,000
2019 $53,422 $3,486,000 $2,560,000 $926,000
2018 $50,218 $3,430,000 $2,560,000 $870,000
2017 $51,268 $3,220,000 $2,277,000 $943,000
2016 $50,864 $3,123,000 $2,327,000 $796,000
2015 $38,727 $2,352,000 $1,800,000 $552,000
2014 -- $2,096,000 $1,520,000 $576,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4652782

REALTOR® Association of Southern Minnesota

APN: 34-117-23-21-0046