NOT LISTED FOR SALE

197 Oak St Excelsior, MN 55331

Estimated Value: $1,491,000

3 Beds
3.5 Baths
3,303 Sq Ft
$451/Sq Ft Est. Value

Last Sold May 15, 2025

Last sale price $1,584,000 $480 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,295/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Home Gym
  • Excelsior Elementary School Rated A
  • Home Office
  • Built-In Double Oven

About This Home

As of May 2025

This stunning Modern Farmhouse is packed with exceptional features! Designed for entertaining, the open floor plan includes a top-tier kitchen with high-end appliances, a spacious center island, and a dedicated bar area. A wall of windows leads to a maintenance-free deck, while the coffee bar pantry adds extra convenience. The main-floor primary suite boasts a luxurious private bath with a soaking tub and a generous closet. A stylish office with a glass wall completes the main level. Downstairs, you'll find two bedrooms with a Jack-and-Jill bath, a versatile exercise room (or potential fourth bedroom), and an expansive family room with a wet bar and 3⁄4 bath and tons of storage. Located within walking distance of downtown Excelsior’s shops, dining, and beach—plus access to top-rated Minnetonka Schools—this home is a must-see!

Last Agent to Sell the Property

Patti Jo Hermann

Edina Realty, Inc. Listed on: 03/21/2025

Edina Realty, Inc.

Co-Listed By

Traci Peterson

Edina Realty, Inc.

Last Buyer's Agent

Richard Newman

DRG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,479

Year Built

  • Built in 2022

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 73x253x77x255
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room Floor Drain
  • Home Gym

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3411723130105

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,479

Year Built

Built in 2022

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1922
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Concrete, Sump Pump, Tile Shower
  • Appliances: Air-To-Air Exchanger, Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Decorative, Living Room
  • Living Area: 3303
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1381
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Exercise Room, Office, Laundry, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Composite Decking

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Other

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Security System,In-Ground Sprinkler,Tile Floors,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 73x253x77x255
  • Lot Size Sq Ft: 18295.2
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3411723130105
  • Tax Annual Amount: 20479
  • TaxWithAssessments: 20479.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Daniel Hoo
Bought by
Mjoen Gretchen G
Current Estimated Value
$1,491,000

Purchase Details

Closed on
May 26, 2021
Sold by
Hoo Richelle
Bought by
197 Oak Llc

Purchase Details

Closed on
Sep 28, 2020
Sold by
Hoo Richelle and Estate Of Daniel Hoo
Bought by
Hoo Richelle

Purchase Details

Closed on
Sep 17, 2013
Sold by
Hoo Daniel
Bought by
Hoo Daniel

Purchase Details

Closed on
Jul 2, 2013
Sold by
Malacrida Fernando Zari
Bought by
Hoo Daniel

Purchase Details

Closed on
Feb 25, 2013
Sold by
Malacrida Fernando Zari
Bought by
Hoo Daniel
Source: Public Records

Range of Values:

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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
Mjoen Gretchen G -- --
197 Oak Llc $485,000 None Available
197 Oak Llc $485,000 Trademark Title Services Inc
Hoo Richelle -- None Available
Hoo Richelle -- None Available
Mjoen Gretchen G -- --
Hoo Daniel -- None Available
Hoo Daniel -- None Available
Hoo Daniel -- None Available
-- $485,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2025 05/15/25 Sold $1,584,000 +3.9% $480 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $1,525,000 0.0% $462 / Sq Ft
06/12/2023 06/12/23 Sold $1,525,000 0.0% $435 / Sq Ft View Prior Sale
04/01/2023 04/01/23 Pending -- -- --
10/26/2022 10/26/22 For Sale $1,525,000 -- $435 / 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 $4,462 $347,000 $264,000 $83,000
2020 $4,462 $316,000 $240,000 $76,000
2019 $4,185 $319,000 $240,000 $79,000
2018 $4,174 $318,000 $240,000 $78,000
2017 $3,742 $283,000 $180,000 $103,000
2016 $3,454 $258,000 $164,000 $94,000
2015 $3,302 $245,000 $153,000 $92,000
2014 -- $233,000 $153,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6675212

NorthstarMLS

APN: 34-117-23-13-0029