164 3rd St Excelsior, MN 55331
4
Beds
6
Baths
4,747
Sq Ft
7,841
Sq Ft Lot
Highlights
- Family Room with Fireplace
- Corner Lot
- Home Gym
- Excelsior Elementary School Rated A
- No HOA
- 4-minute walk to Excelsior Commons
About This Home
As of May 2025Tucked away in the picturesque village of Excelsior, this custom-built storybook home exudes timeless elegance and showcases meticulous attention to detail. Each feature highlights exquisite finishes, from the handcrafted woodwork to the carefully selected fixtures. The open concept layout elegantly combines modern convenience with classic charm, creating a warm and welcoming atmosphere. The kitchen, open to the great room and dining area, is a chef's dream with Wolf and Subzero appliances. The main floor boasts a luxurious primary bedroom with two walk-in closets and a marble bathroom, complete with a walk-in shower and soaking tub. Upstairs, find two en-suite bedrooms and a spacious, well-appointed loft. The lower level, with heated floors, includes a recreation room with a full-service bar, wine cellar, built-in humidor, exercise room, and a fourth bedroom currently used as an office. Cozy spaces like the main level den and the four-season screened porch with heated floors and a gas fireplace add to the home's charm. With a total of four fireplaces, a beautifully landscaped corner lot, and a two-stall heated garage, this residence offers a fantastic alternative to townhouse living without association dues!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,327
Year Built
- Built in 2017
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 78x103
- Property has an invisible fence for dogs
- Partially Fenced Property
- Wood Fence
- Corner Lot
Parking
- 2 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Rubber Roof
- Shake Siding
Interior Spaces
- 2-Story Property
- Wet Bar
- Stone Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Library
- Game Room with Fireplace
- Loft
- Utility Room Floor Drain
- Home Gym
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- 200+ Amp Service
Additional Features
- Air Exchanger
- Porch
Community Details
- No Home Owners Association
- Sheldons Sub Of Lts 56 60 Excelsior Subdivision
Listing and Financial Details
- Assessor Parcel Number 3411723120108
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2025
Closed on
May 22, 2025
Sold by
Mahalich Gregg and Mahalich Teresa
Bought by
Penny Lynn Bursch-Johnson Revocable Trust
Seller's Agent
Lynne O'Reilly
Compass
Buyer's Agent
Desiree Zimmerman
Compass
List Price
$3,495,000
Sold Price
$3,350,000
Premium/Discount to List
-$145,000
-4.15%
Total Days on Market
38
Views
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
-90.38%
Purchase Details
Closed on
Jun 1, 2016
Sold by
Bredael Stephanie A and Bredael Scott A
Bought by
Mahalich Gregg and Mahalich Teresa
Purchase Details
Closed on
Dec 28, 2001
Sold by
Barnheiser Robert B and Barnheiser Angela M
Bought by
Bredael Scott A and Bredael Stephanie A
Purchase Details
Closed on
Oct 29, 1998
Sold by
Douglas Donald R
Bought by
Barnheiser Robert B and Barnheiser Angela M
Purchase Details
Closed on
Apr 29, 1996
Sold by
Gobel Esther B
Bought by
Douglass Donald R
Similar Homes in Excelsior, MN
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,350,000 | Legacy Title | |
| Warranty Deed | $600,000 | Burnet Title | |
| Warranty Deed | $285,000 | -- | |
| Warranty Deed | $185,425 | -- | |
| Warranty Deed | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $123,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $3,350,000 | -4.1% | $706 / Sq Ft |
| 04/17/2025 04/17/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $3,495,000 | -- | $736 / Sq Ft |
Source: NorthstarMLS
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 | $30,010 | $2,236,800 | $886,400 | $1,350,400 |
| 2022 | $23,478 | $2,039,000 | $754,000 | $1,285,000 |
| 2021 | $22,730 | $1,594,000 | $518,000 | $1,076,000 |
| 2020 | $23,144 | $1,550,000 | $502,000 | $1,048,000 |
| 2019 | $22,737 | $1,530,000 | $484,000 | $1,046,000 |
| 2018 | $13,070 | $1,505,000 | $447,000 | $1,058,000 |
| 2017 | $6,451 | $472,000 | $314,000 | $158,000 |
| 2016 | $6,376 | $456,000 | $299,000 | $157,000 |
| 2015 | $5,961 | $420,000 | $266,000 | $154,000 |
| 2014 | -- | $319,000 | $171,000 | $148,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lynne O'Reilly
Seller's Agent in 2025
Lynne O'Reilly
Compass
(612) 805-9772
1 in this area
92 Total Sales
-
Harry Johnson
Seller Co-Listing Agent in 2025
Harry Johnson
Compass
(952) 857-9557
1 in this area
51 Total Sales
-
Desiree Zimmerman
Buyer's Agent in 2025
Desiree Zimmerman
Compass
3 in this area
126 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6681991
APN: 34-117-23-12-0108
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