NOT LISTED FOR SALE

135 1st St Excelsior, MN 55331

Estimated Value: $988,000 - $1,073,398

5 Beds
1.5 Baths
2,749 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2026

Last sale price $1,025,000 $373 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,723 / mo

Highlights

  • Deck
  • No HOA
  • The kitchen features windows
  • Excelsior Elementary School Rated A+
  • Covered Patio or Porch
  • 3 Car Detached Garage

About This Home

As of February 2026

**Sold before print. Located in the heart of Excelsior, just steps from Lake Minnetonka and the town’s vibrant Water Street, this home offers a rare blend of modern design and small-town charm. Built in 2007, this sophisticated residence spans approximately 2,749 square feet and features five bedrooms and two bathrooms. The home showcases generous natural light and a thoughtful layout that balances open living spaces with cozy, private retreats. One of its most distinctive features is the third-floor that opens to a rooftop deck which is a unique and ideal spot for evening gatherings or quiet sunsets. Situated on a 0.15-acre lot, the property includes a detached three-car garage, providing ample parking and storage flexibility. Located within the award-winning Minnetonka School District, the home also offers close proximity to Excelsior’s boutique shops, restaurants, cafés, and community events, all within walking distance. This is a standout opportunity to live at the center of one of Minnesota’s most desirable lake towns!

Last Agent to Sell the Property

Christopher Dennis

Compass Listed on: 02/22/2026

Compass

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,845

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 130x50

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2711723440003

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,845

Year Built

Built in 2007

Lot Details

6,534 Sq Ft Lot

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1972
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Range, Refrigerator, Washer
  • Living Area: 2749
  • Fireplace: No
  • Below Grade Finished Sq Ft: 777
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Flat
  • PatioPorchType: Covered, Deck, Front Porch

Garage/Parking

  • Parking Features: Detached Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Kitchen Window, Porch, Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 130x50
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 2711723440003
  • Tax Annual Amount: 12845
  • TaxWithAssessments: 12845

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2026
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Christopher Dennis
Compass
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,099,000
Sold Price
$1,025,000
Premium/Discount to List
-$74,000
-6.73%
Views
3
Current Estimated Value
$1,047,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,625
Avg. Annual Appreciation
1.15%
Original Mortgage
$820,000
Interest Rate
0.0538%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2026
Closed on
Feb 16, 2026
Sold by
Bought by
Seller's Agent
Christopher Dennis
Compass
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,099,000
Sold Price
$1,025,000
Premium/Discount to List
-$74,000
-6.73%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
0.0538%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2012
Closed on
Apr 26, 2012
Sold by
Bought by
Seller's Agent
Woody Love
Coldwell Banker Burnet
Buyer's Agent
Holly Firehammer
Coldwell Banker Burnet
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$348,000
Interest Rate
0.0399%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$1,025,000 Executive Title
$500 Executive Title
$435,000 Burnet Title
$90,000 --
Source: Public Records

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 Borrower Loan Amount
Open $820,000
Previous Owner $459,000
Previous Owner $348,000
Previous Owner $311,200
Source: Public Records

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 Prior Sale
02/27/2026 02/27/26 Sold $1,025,000 -6.7% $373 / Sq Ft
02/22/2026 02/22/26 Pending -- -- --
02/22/2026 02/22/26 For Sale $1,099,000 +152.6% $400 / Sq Ft
04/26/2012 04/26/12 Sold $435,000 -8.4% $158 / Sq Ft View Prior Sale
03/05/2012 03/05/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $475,000 -- $173 / Sq Ft
Source: NorthstarMLS

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 $12,764 $954,300 $655,000 $299,300
2024 $12,040 $926,600 $640,000 $286,600
2023 $11,300 $898,700 $609,400 $289,300
2022 $11,027 $877,000 $707,000 $170,000
2021 $10,477 $791,000 $471,000 $320,000
2020 $10,386 $757,000 $456,000 $301,000
2019 $10,048 $730,000 $440,000 $290,000
2018 $9,535 $709,000 $406,000 $303,000
2017 $7,733 $555,000 $285,000 $270,000
2016 $7,711 $543,000 $271,000 $272,000
2015 $7,251 $509,000 $242,000 $267,000
2014 -- $409,000 $155,000 $254,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7002718

NorthstarMLS

APN: 27-117-23-44-0003

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