111 1st St Excelsior, MN 55331
Excelsior AreaEstimated payment $3,779/month
About This Home
Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks.
Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities.
Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find.
Bring your builder, your vision, and create something exceptional in Excelsior.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,631
Year Built
- Built in 1915
Lot Details
- Lot Dimensions are 75x36x75x36
Parking
- Driveway
Home Design
- Block Foundation
- Frame Construction
- Pitched Roof
- Shake Siding
Interior Spaces
- 2,316 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Auditors Sub 135 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2711723430002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,631 | $459,500 | $458,500 | $1,000 |
| 2024 | $5,363 | $449,000 | $448,000 | $1,000 |
| 2023 | $4,528 | $390,000 | $389,000 | $1,000 |
| 2022 | $5,212 | $316,000 | $306,000 | $10,000 |
| 2021 | $4,873 | $400,000 | $306,000 | $94,000 |
| 2020 | $5,065 | $377,000 | $296,000 | $81,000 |
| 2019 | $4,682 | $368,000 | $286,000 | $82,000 |
| 2018 | $4,718 | $341,000 | $264,000 | $77,000 |
| 2017 | $4,242 | $305,000 | $185,000 | $120,000 |
| 2016 | $4,131 | $291,000 | $176,000 | $115,000 |
| 2015 | $3,871 | $270,000 | $157,000 | $113,000 |
| 2014 | -- | $205,000 | $101,000 | $104,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2026 08/21/26 | For Sale | $599,900 | -- | $259 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500 | None Listed On Document | |
| Warranty Deed | $455,000 | Burnet Title | |
| Deed | $329,000 | Land Title Co Inc | |
| Warranty Deed | $232,300 | -- | |
| Warranty Deed | $200,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $312,500 | Commercial |
Source: NorthstarMLS
MLS Number: 7122163
APN: 27-117-23-43-0002
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Ask me questions while you tour the home.