$1,100,000
SOLD APR 30, 2025

173 2nd St Excelsior, MN 55331

4 Beds
3.5 Baths
2,782 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$395 Per Sq Ft

14% Below List Price

43 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Home Office
  • Excelsior Elementary School Rated A+
  • No HOA
  • 5-minute walk to Excelsior Commons

About This Home

As of April 2025

This quintessential Excelsior village home sits high above 2nd Street just a short walk to the shores of Lake Minnetonka, the vibrant retail district on Water Street, and some of the areas finest restaurants. Enjoy bright interior spaces that have been thoughtfully updated and enhanced with both modern convenience and aesthetics including a dramatic primary suite with 2 sizable walk-in closets. Prominent craftsman detailing further adds to the significance of this historic residence. Also the perfect remodel candidate, there is the opportunity to add finished square footage in the lower level, a 2nd car tuck under garage stall, and an opened up kitchen and main level plan. Minnetonka schools and Excelsior Elementary. Boat slip waiting-list through the City. Home is listed on the Excelsior Historic Registry.

Last Agent to Sell the Property

Mike Monson

The Landschute Group,Inc. Listed on: 02/03/2025

Last Buyer's Agent

Mike Monson

The Landschute Group,Inc. Listed on: 02/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,227

Year Built

  • Built in 1915

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 120x57x126x66
  • Property has an invisible fence for dogs
  • Many Trees

Parking

  • 1 Car Garage
  • Tuck Under Garage

Home Design

  • Architectural Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Brick Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3411723120176

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,227

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 2782
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Brick, Full Masonry, Gas
  • Living Area: 2782
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sun Room, Laundry, Deck, Family Room, Primary Bathroom, Bathroom, Office

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • Fencing: Invisible
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Primary Bedroom Walk-In Closet,Sun Room,Tile Floors,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 120x57x126x66
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3411723120176
  • Tax Annual Amount: 9227
  • TaxWithAssessments: 9227.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Senior Housing Ventures Inc
Bought by
Nazarov Esther and Weigel Frank
Current Estimated Value
$466,000

Purchase Details

Closed on
Jun 11, 2021
Sold by
Senior Housing Ventures Inc
Bought by
Heffelfinger Rutger and Macaulay Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2021
Sold by
Hathaway William Arthur and Hathaway Rita Marie
Bought by
Senior Housing Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2019
Sold by
Hathaway Mary R
Bought by
The Mary Hathaway Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Deed $450,000 --
Warranty Deed $450,000 None Listed On Document
Warranty Deed $650,000 Custom Home Builders Ttl Llc
Deed $770,000 None Available
Interfamily Deed Transfer -- None Available
Deed $770,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 New Conventional
Previous Owner $300,000 Commercial
Closed $770,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $1,100,000 -14.0% $395 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $1,279,000 -- $460 / 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
2021 $11,073 $794,000 $659,000 $135,000
2019 $9,730 $755,000 $616,000 $139,000
2018 $9,870 $689,000 $568,000 $121,000
2017 $7,994 $571,000 $399,000 $172,000
2016 $7,660 $540,000 $379,000 $161,000
2015 $7,054 $497,000 $339,000 $158,000
2014 -- $356,000 $217,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6648763

NorthstarMLS

APN: 34-117-23-12-0142