Kelly Calvert
Edina Realty, Inc.
(507) 512-6947
117 Total Sales
1 in Excelsior
$406,000 Price
147 1st St Excelsior, MN 55331
Excelsior AreaEstimated Value: $709,862
2
Beds
1
Bath
741
Sq Ft
$958/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- The kitchen features windows
- Forced Air Heating and Cooling System
- No HOA
- 1-Story Property
- Dining Room
About This Home
As of April 2026Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system. The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior. For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite. Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,463
Year Built
- Built in 1915
Lot Details
- Lot Dimensions are 37.5x132x39x132
- Few Trees
Parking
- On-Street Parking
Home Design
- Block Foundation
- Frame Construction
- Pitched Roof
- Wood Siding
- Block Exterior
Interior Spaces
- 741 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Wood Burning Fireplace
- Free Standing Fireplace
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Block Basement Construction
- Laundry in Basement
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Auditors Sub 135 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2711723440005
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
Mar 19, 2026
Closed on
Apr 20, 2026
Sold by
Bought by
Seller's Agent
Christopher Dennis
Compass
Buyer's Agent
Christopher Anderson
Pemberton RE
List Price
$649,900
Sold Price
$725,000
Premium/Discount to List
$75,100
11.56%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,138
Avg. Annual Appreciation
-6.79%
Original Mortgage
$652,500
Outstanding Balance
$651,225
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$58,637
Purchase Details
Closed on
Jul 3, 2025
Sold by
Bought by
Purchase Details
Closed on
Jan 9, 2025
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Excelsior, MN
-
Kelly Calvert
-
Gregory Hiniker
Gregory Hiniker
Realty Inc
(612) 260-9897
65 Total Sales
1 in Excelsior
$1,100,000 Price
-
Ryan Platzke
Ryan Platzke
Coldwell Banker Realty - Southwest Regional
(651) 615-9289
861 Total Sales
1 in Excelsior
$880,000 Price
-
Troy Koenig
Troy Koenig
Coldwell Banker Realty
(763) 343-8910
76 Total Sales
1 in Excelsior
$794,000 Price
-
Alex Skelly
Alex Skelly
Responds QuicklyRE/MAX Results
(612) 482-3462
88 Total Sales
1 in Excelsior
$375,000 Price
-
Mikaela Casey
Mikaela Casey
Responds QuicklyEdina Realty, Inc.
(952) 592-6518
46 Total Sales
1 in Excelsior
$337,500 Price
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 |
|---|---|---|---|
| $725,000 | Executive Title | ||
| $500 | None Listed On Document | ||
| $500 | None Listed On Document |
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 | $652,500 | ||
| Previous Owner | $32,000 |
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 |
|---|---|---|---|---|
| 04/22/2026 04/22/26 | Sold | $725,000 | +11.6% | $978 / Sq Ft |
| 03/22/2026 03/22/26 | Pending | -- | -- | -- |
| 03/19/2026 03/19/26 | For Sale | $649,900 | -- | $877 / 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 | $7,464 | $591,500 | $589,500 | $2,000 |
| 2024 | $7,216 | $577,900 | $576,000 | $1,900 |
| 2023 | $5,952 | $500,500 | $498,600 | $1,900 |
| 2022 | $5,701 | $426,000 | $424,000 | $2,000 |
| 2021 | $5,515 | $426,000 | $424,000 | $2,000 |
| 2020 | $5,495 | $412,000 | $410,000 | $2,000 |
| 2019 | $5,098 | $398,000 | $396,000 | $2,000 |
| 2018 | $5,119 | $370,000 | $365,000 | $5,000 |
| 2017 | $3,642 | $264,000 | $257,000 | $7,000 |
| 2016 | $3,546 | $252,000 | $244,000 | $8,000 |
| 2015 | $3,200 | $226,000 | $218,000 | $8,000 |
| 2014 | -- | $176,000 | $140,000 | $36,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Dennis
Seller's Agent in 2026
Christopher Dennis
Compass
(612) 229-9322
138 Total Sales
-
Christopher Anderson
C
Buyer's Agent in 2026
Christopher Anderson
Pemberton RE
(952) 693-5956
15 Total Sales
Map
Source: NorthstarMLS
MLS Number: 7027546
APN: 27-117-23-44-0005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.