NOT LISTED FOR SALE

122 1st St Excelsior, MN 55331

Estimated Value: $1,154,000 - $1,287,000

3 Beds
2.5 Baths
1,902 Sq Ft
$654/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $1,100,000 $578 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,931/month

Highlights

  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • Excelsior Elementary School Rated A
  • 2 Car Attached Garage
  • Family Room

About This Home

As of December 2023

SOLD BEFORE PRINT. Downtown Excelsior living at its finest! Steps from Lake Minnetonka, this two-story home boasts three bedrooms, three bathrooms and a two-car attached garage. Beautifully redesigned and remodeled by Landschute in 2008. The front door opens to reveal the inviting living room with original hardwood floors and gas fireplace. Overlooking the dining room, the gourmet kitchen offers custom cabinetry, granite countertops and high-end appliances. Retreat to the upper-level primary suite with vaulted ceiling, walk-in closet, and private full bathroom. An additional bedroom suite with full bathroom completes the upper level. The lower level highlights the family room and third bedroom. Explore Water Street with its boutique shopping, fine dining, and Lake Minnetonka amenities.

Last Agent to Sell the Property

Sarah Polovitz

Compass Listed on: 10/12/2023

Compass

Co-Listed By

Al Anderson

Compass

Last Buyer's Agent

Mike Monson

The Landschute Group,Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,688

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2711723430006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,688

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1456
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Appliances: Cooktop, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Wall Oven
  • Fireplace Features: Gas, Living Room
  • Living Area: 1902
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 446
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Family Room, Bedroom 3
  • SqFtTotal: 2226.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Skylight,Tile Floors,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x130
  • Lot Size Sq Ft: 6534
  • 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: Fiber Cement, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2711723430006
  • Tax Annual Amount: 11688
  • TaxWithAssessments: 11688.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 27, 2023
Sold by
Tursi Brian and Tursi Anne
Bought by
Bruner Deane and Tan Srey
Seller's Agent
Sarah Polovitz
Compass
Buyer's Agent
Mike Monson
The Landschute Group,Inc.
List Price
$1,100,000
Sold Price
$1,100,000
Views
8
Current Estimated Value
$1,243,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,938
Avg. Annual Appreciation
4.63%
Original Mortgage
$335,030
Outstanding Balance
$330,916
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$856,068

Purchase Details

Closed on
Dec 13, 2019
Sold by
Pulitzer Philip S and Pulitzer Caitlyn W
Bought by
Tursi Anne B and Tursi Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Erdahl Steven Lowell
Bought by
Pulitzer Philip S and Pulitzer Caitlyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2012
Sold by
Erdahl Barbara Lorraine
Bought by
Erdahl Steven Lowell

Purchase Details

Closed on
Aug 24, 2007
Sold by
Case Beverly J
Bought by
Erdahl Steven L and Erdahl Barbara L
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
Bruner Deane $1,100,000 --
Tursi Anne B $836,000 Watermark Title Agency
Pulitzer Philip S $860,000 Land Title Inc
Erdahl Steven Lowell -- None Available
Erdahl Steven L $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruner Deane $335,030
Previous Owner Tursi Brian $458,300
Previous Owner Tursi Anne B $450,000
Previous Owner Pulitzer Philip S $602,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,100,000 0.0% $578 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $1,100,000 -- $578 / 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
2023 $12,733 $1,002,700 $554,000 $448,700
2022 $12,206 $908,000 $471,000 $437,000
2021 $11,697 $867,000 $471,000 $396,000
2020 $13,050 $836,000 $456,000 $380,000
2019 $12,312 $897,000 $440,000 $457,000
2018 $12,120 $851,000 $406,000 $445,000
2017 $7,733 $555,000 $271,000 $284,000
2016 $6,711 $480,000 $258,000 $222,000
2015 $6,358 $448,000 $230,000 $218,000
2014 -- $350,000 $147,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6436271

NorthstarMLS

APN: 27-117-23-43-0006