Seller's Agent in 2025
Beth Ulrich
Compass
(612) 964-7184
293 Total Sales
21957 Minnetonka Blvd Unit 16 Excelsior, MN 55331
2
Beds
2
Baths
2,048
Sq Ft
$1,550/mo
HOA Fee
Highlights
- Lake Front
- Fireplace in Primary Bedroom
- Den
- Excelsior Elementary School Rated A
- Deck
- 2 Car Attached Garage
About This Home
As of July 2025Welcome to 21957 Minnetonka Boulevard #16. This rarely available unit offers an exceptional lifestyle with dock access to Lake Minnetonka. The spacious 2-bedroom, 2-bathroom condo spans 2,048 square feet and features a den/office space with built-ins and a private balcony. Enjoy one-level living with an open layout that includes a beautiful dining area, a kitchen with large center island offering casual counter seating, a living room complete with a cozy 2-sided fireplace, and an inviting sunroom to take in the views of Lake Minnetonka. The primary suite is a luxurious retreat, offering an ensuite full bath with heated floors, separate shower and tub, two walk-in closets, and tranquil views of St. Albans Bay. Additional amenities include a private deck, two assigned parking stalls, a storage unit in the hallway next to the unit, and plenty of communal spaces to enjoy the lake views. Just a quick boat ride or drive leads to downtown Excelsior, where you can explore a variety of shops, dining, and entertainment options.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,010
Year Built
- Built in 2003
HOA Fees
- $1,550 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Shake Siding
Interior Spaces
- 2,048 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Den
- Lake Views
- Washer
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
Additional Features
- Deck
- Lake Front
- Forced Air Heating and Cooling System
Community Details
- Association fees include maintenance structure, dock, lawn care, ground maintenance, trash, snow removal
- Cedar Management Association, Phone Number (763) 574-1500
- Low-Rise Condominium
- Cic 1021 Villas Of St Albans Bay Subdivision
Listing and Financial Details
- Assessor Parcel Number 2611723340050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2025
Closed on
Jul 29, 2025
Sold by
Lerum Stephen and Lerum Roxanne L
Bought by
Coulson Family Trust and Coulson
Seller's Agent
Beth Ulrich
Compass
Buyer's Agent
Joe Allen
RE/MAX Results
List Price
$1,595,000
Sold Price
$1,570,000
Premium/Discount to List
-$25,000
-1.57%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.39%
Purchase Details
Closed on
May 29, 2019
Sold by
Malana A Schmidt Trust
Bought by
Lerum Stephen
Purchase Details
Closed on
Jun 17, 2015
Sold by
Schmidt Jeffrey R and Schmidt Malana A
Bought by
Schmidt Jeffrey R and Restatement Of Jeffrey R Schmid Trust
Purchase Details
Closed on
Dec 12, 2003
Sold by
Nedegaard Construction Inc
Bought by
Schmidt Jeffrey R and Schmidt Malana A
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 | $1,570,000 | Flex Title | |
| Deed | $1,012,500 | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $785,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $1,570,000 | -1.6% | $767 / Sq Ft |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $1,595,000 | -- | $779 / 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 | $16,009 | $1,349,700 | $770,000 | $579,700 |
| 2023 | $15,183 | $1,369,500 | $770,000 | $599,500 |
| 2022 | $13,998 | $1,329,000 | $743,000 | $586,000 |
| 2021 | $12,768 | $1,126,000 | $618,000 | $508,000 |
| 2020 | $14,291 | $1,015,000 | $502,000 | $513,000 |
| 2019 | $14,303 | $1,077,000 | $582,000 | $495,000 |
| 2018 | $13,914 | $1,056,000 | $582,000 | $474,000 |
| 2017 | $14,137 | $1,024,000 | $590,000 | $434,000 |
| 2016 | $13,911 | $982,000 | $597,000 | $385,000 |
| 2015 | $11,703 | $838,000 | $553,000 | $285,000 |
| 2014 | -- | $744,000 | $474,000 | $270,000 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Ulrich
-
Chelsey Ulrich
C
Seller Co-Listing Agent in 2025
Chelsey Ulrich
Compass
(612) 327-1193
79 Total Sales
-
Joe Allen
Buyer's Agent in 2025
Joe Allen
RE/MAX Results
(952) 297-6636
169 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6703495
APN: 26-117-23-34-0050
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