162 W Lake St Excelsior, MN 55331
Estimated Value: $2,185,000 - $2,858,509
5
Beds
6
Baths
2,631
Sq Ft
$991/Sq Ft
Est. Value
About This Home
This home is located at 162 W Lake St, Excelsior, MN 55331 and is currently estimated at $2,607,127, approximately $990 per square foot. 162 W Lake St is a home located in Hennepin County with nearby schools including Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 31, 2024
Sold by
Baker Michael L
Bought by
Lonesome Dove Llc
Current Estimated Value
Purchase Details
Closed on
Aug 20, 2021
Sold by
Alexander Cheryl and Alexander Rand
Bought by
Baker Michael L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 19, 2021
Sold by
Gabriel Daniel M and Kissell Kristin Gabriel
Bought by
Alexander Cheryl
Purchase Details
Closed on
Jun 25, 2013
Sold by
Gabriel Cecil Marsh
Bought by
Gabriel Cecil Marsh and The Gabriel Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lonesome Dove Llc | $500 | None Listed On Document | |
| Baker Michael L | $2,220,000 | Trademark Title Services Inc | |
| Alexander Cheryl | $2,100,000 | Trademark Title Services Inc | |
| Gabriel Cecil Marsh | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Baker Michael L | $1,200,000 |
Source: Public Records
Tax History Compared to Growth
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 | $26,410 | $1,995,100 | $1,795,300 | $199,800 |
| 2022 | $21,075 | $1,790,000 | $1,575,000 | $215,000 |
| 2021 | $19,933 | $1,439,000 | $1,250,000 | $189,000 |
| 2020 | $18,918 | $1,369,000 | $1,190,000 | $179,000 |
| 2019 | $19,103 | $1,265,000 | $1,093,000 | $172,000 |
| 2018 | $17,421 | $1,277,000 | $1,093,000 | $184,000 |
| 2017 | $17,518 | $1,154,000 | $994,000 | $160,000 |
| 2016 | $17,930 | $1,154,000 | $994,000 | $160,000 |
| 2015 | $16,046 | $1,024,000 | $864,000 | $160,000 |
| 2014 | -- | $878,000 | $730,000 | $148,000 |
Source: Public Records
Map
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