Seller's Agent in 2025
Theodore Schatz
Schatz Real Estate Group
(612) 702-8577
1 in this area
145 Total Sales
220 Monroe Ave Excelsior, MN 55331
3
Beds
2
Baths
2,377
Sq Ft
0.26
Acres
Highlights
- Wolf Appliances
- Vaulted Ceiling
- No HOA
- Excelsior Elementary School Rated A+
- Main Floor Primary Bedroom
- 1 Car Attached Garage
About This Home
As of December 2025Peaceful retreat on a quiet dead-end street overlooking serene neighboring acreage. Amazing location just 1⁄2 mile from charming Downtown Excelsior and 1 mile from Lake Minnetonka. Open main floor with engineered hardwood floors throughout. The spacious living room offers a large picture window and cozy gas fireplace with a stunning stone accent wall. The modern kitchen is sure to impress with granite counters, Wolf range, pantry, and an island with a breakfast bar. The centrally located informal dining room is ideal for hosting shared meals and gatherings. The vaulted sunroom is a showstopper with hardwood floors, skylights, and walls of windows that fill the space with natural light. French doors lead out to the rear deck, extending your living space outdoors. The main floor also includes a spacious first bedroom with a double closet and ceiling fan, plus a second bedroom with a convenient laundry closet. A stylish full bathroom completes this level, featuring a travertine tile tub surround, tile flooring, and a quartz vanity top. The fully finished walk-out lower level offers even more living space. The private lower-level primary bedroom includes a gas fireplace, walk-in closet, and walk-through access to the lower-level 3⁄4 bathroom with quartz vanity top, travertine tile flooring, and shower surround. A finished studio space with a utility sink and look-out windows could easily be converted into a family room, office, or fourth bedroom. Step outside to enjoy a peaceful backyard oasis with a deck, stone patio, and views of the neighboring pond and mature trees. Lovely gardens and lush green space add to the tranquil setting. Whether you stay home, walk into town, or get out on the lake, you're sure to enjoy this wonderful home every single day! Plus, Excelsior residents qualify to rent a city boat slip on Excelsior Bay.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,650
Year Built
- Built in 1973
Lot Details
- Lot Dimensions are 75x150
- Street terminates at a dead end
Parking
- 1 Car Attached Garage
- Tuck Under Garage
Home Design
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Stone Fireplace
- Gas Fireplace
- Dining Room
- Finished Basement
Kitchen
- Range
- Dishwasher
- Wolf Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Water Filtration System
- Water Softener is Owned
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 3411723310046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2025
Closed on
Dec 11, 2025
Sold by
Lindgren Mark A and Salzl Sharon L
Bought by
Peters Theodore and Schrof Maya Renee
Seller's Agent
Theodore Schatz
Schatz Real Estate Group
Buyer's Agent
Timothy Berg
Edina Realty, Inc.
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.52%
Original Mortgage
$497,250
Outstanding Balance
$497,250
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$120,255
Purchase Details
Closed on
Jul 23, 2015
Sold by
Luby Nila J
Bought by
Lindgren Mark A and Ssalzi Sharon L
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 | $585,000 | Watermark Title | |
| Warranty Deed | $328,000 | Titlesmart Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $497,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2025 12/11/25 | Sold | $585,000 | -2.5% | $246 / Sq Ft |
| 10/28/2025 10/28/25 | Pending | -- | -- | -- |
| 10/23/2025 10/23/25 | For Sale | $600,000 | -- | $252 / 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 | $6,912 | $547,700 | $215,000 | $332,700 |
| 2023 | $6,799 | $552,600 | $215,000 | $337,600 |
| 2022 | $6,523 | $540,000 | $212,000 | $328,000 |
| 2021 | $5,726 | $479,000 | $184,000 | $295,000 |
| 2020 | $5,491 | $417,000 | $142,000 | $275,000 |
| 2019 | $5,102 | $409,000 | $142,000 | $267,000 |
| 2018 | $4,087 | $382,000 | $142,000 | $240,000 |
| 2017 | $3,831 | $289,000 | $99,000 | $190,000 |
| 2016 | $2,705 | $208,000 | $75,000 | $133,000 |
| 2015 | $2,677 | $204,000 | $74,000 | $130,000 |
| 2014 | -- | $188,000 | $74,000 | $114,000 |
Source: Public Records
Agents Affiliated with this Home
-
Theodore Schatz
-
Madelyn Picka
M
Seller Co-Listing Agent in 2025
Madelyn Picka
Schatz Real Estate Group
(715) 222-6905
1 in this area
88 Total Sales
-
Timothy Berg
Buyer's Agent in 2025
Timothy Berg
Edina Realty, Inc.
(612) 250-2255
3 in this area
58 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6807068
APN: 34-117-23-31-0046
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