Seller's Agent in 2025
Brian Benson
Compass
(612) 227-8629
1 in this area
79 Total Sales
221 George St Excelsior, MN 55331
4
Beds
3.5
Baths
3,488
Sq Ft
0.36
Acres
Highlights
- 3 Fireplaces
- Great Room
- Home Office
- Excelsior Elementary School Rated A
- No HOA
- 5-minute walk to Excelsior Commons
About This Home
As of August 2025Located just one block from Excelsior’s historic Water Street, this newer 4-bedroom, 4-bath , 3 car home offers modern luxury, rare privacy, and unmatched walkability in one of Lake Minnetonka’s most desirable lakeside communities. Enjoy immediate access to Kowalski’s, restaurants, churches, shops, and Excelsior’s lakefront park, beach, and public docks.
Set on one of the largest and most private lots in town, this home is finished with high-end materials and thoughtful design throughout. The main level features a bright, open layout centered around a stunning three-season porch with Phantom Screens—perfect for enjoying Minnesota’s seasons. The gourmet kitchen includes a large center island with seating for six and views of the beautifully landscaped backyard.
The recently finished lower level offers a full wet bar with island, fireplace, media area, gaming zone, and walkout access to the side yard—ideal for entertaining and everyday living. Outside, enjoy expansive patios, a fire table, water feature, and stone walkways surrounded by lush landscaping.
Backing up to the Lake Minnetonka LRT Trail, this property provides seamless access to miles of walking and biking paths. A rare opportunity to own a turnkey home in the heart of Excelsior.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,444
Year Built
- Built in 2012
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 76x200x76x218
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
Home Design
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- 3 Fireplaces
- Entrance Foyer
- Great Room
- Family Room
- Dining Room
- Home Office
- Finished Basement
Kitchen
- Built-In Double Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- No Home Owners Association
- De Groodts Sub In Excelsior & Snells Subdivision
Listing and Financial Details
- Assessor Parcel Number 3411723120069
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2012
Sold by
Seifert Thomas
Bought by
Seifert Thomas M and Thomas M Seifert Revocable Trust
Purchase Details
Listed on
Nov 14, 2011
Closed on
May 17, 2012
Sold by
Dilorenzo Kevin and Dilorenzo Cathy
Bought by
Seifert Thomas
Seller's Agent
Barbara Brancel
Bridge Realty, LLC
Buyer's Agent
Brian Benson
Coldwell Banker Burnet
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%
Original Mortgage
$540,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Nov 14, 2011
Closed on
Mar 23, 2012
Sold by
Howe Timothy C
Bought by
Seifert Thomas M
Seller's Agent
Barbara Brancel
Bridge Realty, LLC
Buyer's Agent
Brian Benson
Coldwell Banker Burnet
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $290,000 | Burnet Title | |
| Quit Claim Deed | -- | Excelsior Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $610,000 | New Conventional | |
| Closed | $540,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $200,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $2,000,000 | -13.0% | $573 / Sq Ft |
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | Price Changed | $2,298,000 | +4.5% | $659 / Sq Ft |
| 06/30/2025 06/30/25 | Price Changed | $2,198,000 | -6.5% | $630 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $2,350,000 | +710.3% | $674 / Sq Ft |
| 03/23/2012 03/23/12 | Sold | $290,000 | -17.1% | $208 / Sq Ft |
| 03/05/2012 03/05/12 | Pending | -- | -- | -- |
| 11/14/2011 11/14/11 | For Sale | $350,000 | -- | $251 / 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 |
|---|---|---|---|---|
| 2023 | $17,559 | $1,352,900 | $766,500 | $586,400 |
| 2022 | $13,260 | $1,100,000 | $555,000 | $545,000 |
| 2021 | $12,655 | $935,000 | $476,000 | $459,000 |
| 2020 | $12,220 | $898,000 | $462,000 | $436,000 |
| 2019 | $12,248 | $845,000 | $418,000 | $427,000 |
| 2018 | $11,359 | $847,000 | $418,000 | $429,000 |
| 2017 | $10,591 | $730,000 | $322,000 | $408,000 |
| 2016 | $10,838 | $730,000 | $328,000 | $402,000 |
| 2015 | $10,273 | $686,000 | $292,000 | $394,000 |
| 2014 | -- | $584,000 | $210,000 | $374,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Benson
-
Laura Olivier
Buyer's Agent in 2025
Laura Olivier
Coldwell Banker Burnet
(952) 290-3766
2 in this area
192 Total Sales
-
B
Seller's Agent in 2012
Barbara Brancel
Bridge Realty, LLC
Map
Source: NorthstarMLS
MLS Number: 6740288
APN: 34-117-23-12-0069
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