Seller's Agent in 2025
Jeffrey Schulz
RE/MAX Advantage Plus
(877) 204-7497
1 in this area
222 Total Sales
168 1st St Excelsior, MN 55331
4
Beds
3.5
Baths
3,000
Sq Ft
6,098
Sq Ft Lot
Highlights
- Family Room with Fireplace
- Main Floor Primary Bedroom
- Mud Room
- Excelsior Elementary School Rated A+
- Loft
- No HOA
About This Home
As of August 2025Welcome to the stunning 2 story cottage style home nestled a block from the shores of Lake Minnetonka and the charming village of Excelsior. This beautifully remodeled home by Lake Country Builders seamlessly blends modern amenities with classic charm. As you step inside this inviting home you will discover an abundance of natural light flowing through. The main floor features the primary owners suite, a spacious living room with a cozy stone surrounded gas fireplace. The gourmet kitchen boasts sleek counter tops, SS/appliances, and ample cabinet space. This home offers 2 additional bedrooms and bathroom on the upper level along with a large loft/ office space that truly makes this space stand out. As you enter the lower level you enter your private sanctuary where you have a large wet bar which is a great space for entertaining and living room with an additional gas fireplace. The lower level is also home to the large 4th bedroom with private full bath. The backyard leads you to your private studio space with electric heat. With its perfect blend of modern refinement this home is a true gem in the heart of Excelsior. Roof, furnace, AC have all been done in the past 5 years.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,616
Year Built
- Built in 1940
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 162x40x156x37
Parking
- 2 Car Garage
- Garage Door Opener
- Guest Parking
Interior Spaces
- 2-Story Property
- Wet Bar
- Gas Fireplace
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Loft
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Mini Split Air Conditioners
- Vented Exhaust Fan
Community Details
- No Home Owners Association
- Auditors Sub 135 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2711723440021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2025
Closed on
Aug 6, 2025
Sold by
Wyrowski Daniel Thomas
Bought by
Skramstad Lori and Skramstad Jason
Seller's Agent
Jeffrey Schulz
RE/MAX Advantage Plus
Buyer's Agent
Jeffrey Schulz
RE/MAX Advantage Plus
List Price
$1,125,000
Sold Price
$1,040,000
Premium/Discount to List
-$85,000
-7.56%
Views
38
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
$16,458
Avg. Annual Appreciation
5.03%
Original Mortgage
$560,000
Outstanding Balance
$559,510
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$496,948
Purchase Details
Closed on
Nov 6, 2015
Sold by
Alexander Amy Lynn
Bought by
Wyrowski Daniel Thomas
Purchase Details
Closed on
Apr 13, 1999
Sold by
Federal National Mortgage Association
Bought by
Wyrowski Dan T
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 | $1,040,000 | Trademark Title | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $164,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $560,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,040,000 | 0.0% | $347 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | Off Market | $1,040,000 | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $1,125,000 | -- | $375 / 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 |
|---|---|---|---|---|
| 2024 | $14,110 | $1,062,600 | $672,000 | $390,600 |
| 2023 | $11,617 | $911,500 | $581,700 | $329,800 |
| 2022 | $10,821 | $814,000 | $495,000 | $319,000 |
| 2021 | $10,370 | $768,000 | $495,000 | $273,000 |
| 2020 | $8,761 | $740,000 | $479,000 | $261,000 |
| 2019 | $7,872 | $618,000 | $462,000 | $156,000 |
| 2018 | $7,771 | $562,000 | $406,000 | $156,000 |
| 2017 | $6,588 | $469,000 | $285,000 | $184,000 |
| 2016 | $6,405 | $445,000 | $271,000 | $174,000 |
| 2015 | $6,048 | $413,000 | $242,000 | $171,000 |
| 2014 | -- | $306,000 | $155,000 | $151,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Schulz
Map
Source: NorthstarMLS
MLS Number: 6724413
APN: 27-117-23-44-0021
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