NOT LISTED FOR SALE

156 Lake St Excelsior, MN 55331

Estimated Value: $1,343,000 - $1,661,000

4 Beds
3.5 Baths
3,185 Sq Ft
$488/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $1,410,000 $443 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,038/month

81 Days on Market

Highlights

  • Lake View
  • Fireplace in Primary Bedroom
  • No HOA
  • Excelsior Elementary School Rated A
  • Wood Burning Stove
  • Built-In Double Oven

About This Home

As of June 2024

Embrace a world of possibilities at 156 Lake Street, where the charm of yesteryear meets endless potential on the shores of Lake Minnetonka across from Commons Park. This character-rich home features sun-drenched rooms, high ceilings and rich wood floors. Three large bedrooms, and a spacious third-floor loft is ideal for an office or extra living space. A sprawling porch with panoramic lake views is set behind a privacy hedge, ripe for living or reimagining into your dream home. This unique property presents a rare remodel or rebuild opportunity in the highly sought-after Excelsior area—perfect for crafting your lakefront oasis. Delight in community jewels like sandy beaches, kayaking, biking, shopping, gourmet dining, and vibrant local events steps from your front door. This is more than a home; it's a canvas for your future in a community that celebrates life by the lake. Don't miss the chance to be part of Excelsior living! Garage addition/remodel plans available per request.

Last Agent to Sell the Property

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 03/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 03/12/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,778

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 69 x 130

Home Design

  • Brick Foundation
  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement
  • Basement Window Egress

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2711723440029

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,778

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Window Unit(s)
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1870
  • Above Grade Finished Sq Ft: 2985
  • Water Body Name: Minnetonka
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Brick/Mortar, Egress Window(s), Full, Partially Finished, Stone/Rock, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Osmosis System, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room, Primary Bedroom, Wood Burning, Wood Burning Stove
  • Living Area: 3185
  • Below Grade Finished Sq Ft: 200
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Informal Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Porch

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, East, Lake, Panoramic
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Brick,Concrete,Frame,Stone
  • PatioPorchType: Covered,Front Porch,Wrap Around
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Asphalt, Open
  • Garage Square Feet: 0
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air, Wood Stove
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Deck,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,Panoramic View,Satelite Dish,Tile Floors,Vaulted Ceiling(s)

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 69 x 130
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2711723440029
  • Tax Annual Amount: 17778
  • TaxWithAssessments: 17778.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Jun 13, 2024
Sold by
Paulsen Brian and Jobelius Sherri
Bought by
Grover Veronica and Grover Michael
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Kristi Weinstock
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,410,000
Premium/Discount to List
-$90,000
-6%
Views
106
Current Estimated Value
$1,555,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,503
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Apr 26, 2002
Sold by
Murphy Patrick W and Murphy Joyce T
Bought by
Jobelius Sherri L
Source: Public Records

Range of Values:

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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
Grover Veronica $1,410,000 --
Jobelius Sherri L $585,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2024 06/13/24 Sold $1,410,000 0.0% $443 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/25/2024 05/25/24 Off Market $1,410,000 -- --
03/12/2024 03/12/24 For Sale $1,500,000 -- $471 / 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
2024 $21,103 $1,563,800 $954,500 $609,300
2023 $17,830 $1,368,800 $833,800 $535,000
2022 $15,673 $1,209,000 $700,000 $509,000
2021 $15,140 $1,087,000 $688,000 $399,000
2020 $15,485 $1,055,000 $667,000 $388,000
2019 $15,673 $1,046,000 $667,000 $379,000
2018 $14,878 $1,058,000 $667,000 $391,000
2017 $13,092 $879,000 $520,000 $359,000
2016 $12,596 $831,000 $470,000 $361,000
2015 $11,522 $755,000 $401,000 $354,000
2014 -- $667,000 $328,000 $339,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6501872

NorthstarMLS

APN: 27-117-23-44-0029