$1,275,000
SOLD MAY 15, 2025

243 3rd St Excelsior, MN 55331

3 Beds
4 Baths
2,100 Sq Ft
6,534 Sq Ft

Recently Sold

$607 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Living Room
  • Excelsior Elementary School Rated A+
  • Porch
  • 1-minute walk to Excelsior Commons

About This Home

As of May 2025

This is the Excelsior village property you've been waiting for. Turn-key with a careful balance of vintage farmhouse detailing, significant remodeling and recent updates inside and out, this is the perfect home base for enjoying the Excelsior lifestyle. Built in 1885, the home is centrally located one block off Water Street where you'll enjoy an authentically vibrant small town feel offering an abundance of amazing restaurants, coffee shops, a grocery store, and boutique shopping. It's also just a short walk to the shores of Lake Minnetonka, the Excelsior Commons, and beaches. The classically appointed chef's kitchen features custom cherry cabinetry, Wolf range, Sub-Zero refrigerator, soapstone countertops, and ample natural light. On the 2nd level there are 3 bedrooms, 2 bathrooms, and a laundry room right outside the primary suite. There's even a petite vineyard lining the driveway with Marquette and Frontenac grapes. The 2-car detached garage offers significant storage above or the ideal future studio, office, or playroom. There is also space to add a porch or room addition off the rear of the home. Minnetonka schools and Excelsior Elementary, boat slip waiting-list through the City.

Last Agent to Sell the Property

Mike Monson

The Landschute Group,Inc. Listed on: 03/25/2025

Last Buyer's Agent

Rebecca Thompson

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,851

Year Built

  • Built in 1885

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 58.66x110
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Architectural Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • The kitchen features windows
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Connors & Others Sub Lts Excelsior Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3411723120064

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,851

Year Built

Built in 1885

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 2100
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 2100
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Foyer, Laundry, Porch

Beds/Baths

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

Exterior Features

  • Roof: Architectural Shingle, Asphalt, Metal
  • Other Structures: Additional Garage
  • PatioPorchType: Front Porch,Patio

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,Tile Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 58.66x110
  • Lot Size Sq Ft: 6534
  • 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: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3411723120064
  • Tax Annual Amount: 11851
  • TaxWithAssessments: 11851.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
May 13, 2025
Sold by
Jane C Lazynski Trust and Lazynski Jane C
Bought by
Nast Adam Nathaniel and Nast Hannah Chute
Seller's Agent
Mike Monson
The Landschute Group,Inc.
Buyer's Agent
Rebecca Thompson
RE/MAX Advantage Plus
List Price
$1,299,999
Sold Price
$1,275,000
Premium/Discount to List
-$24,999
-1.92%
Views
30
Current Estimated Value
$1,270,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,960
Avg. Annual Appreciation
-0.51%

Purchase Details

Closed on
Dec 31, 2020
Sold by
Lazynski Jane C and Jane C Lazynski Trust
Bought by
Lazynski Jane C and Jane C Lazynski Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2020
Sold by
Carlson Todd R and Scarantino Carlson Alicia
Bought by
Jane C Lazynski Trust

Purchase Details

Listed on
Nov 1, 2011
Closed on
Oct 3, 2012
Sold by
Jensen Christopher John Joseph and Jensen Kristin C
Bought by
Carlson Todd R
Seller's Agent
Woody Love
Coldwell Banker Burnet
Buyer's Agent
Robin Eilers
Coldwell Banker Burnet
List Price
$399,000
Sold Price
$315,000
Premium/Discount to List
-$84,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$371,387
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2004
Sold by
Lydia Henkelman Koch Trust
Bought by
Jensen Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $1,275,000 Land Title
Interfamily Deed Transfer -- Title 365
Warranty Deed $900,000 Burnet Title
Warranty Deed $315,000 Burnet Title
Trustee Deed $309,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $510,400 New Conventional
Previous Owner $371,387 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2025 05/15/25 Sold $1,275,000 -1.9% $607 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $1,299,999 +312.7% $619 / Sq Ft
10/04/2012 10/04/12 Sold $315,000 -21.1% $210 / Sq Ft View Prior Sale
07/19/2012 07/19/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $399,000 -- $266 / Sq Ft
Source: NorthstarMLS

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 $13,784 $1,193,600 $640,000 $553,600
2023 $11,851 $1,075,900 $554,000 $521,900
2022 $11,218 $983,000 $471,000 $512,000
2021 $10,461 $883,000 $471,000 $412,000
2020 $10,339 $756,000 $410,000 $346,000
2019 $9,777 $727,000 $396,000 $331,000
2018 $9,087 $692,000 $365,000 $327,000
2017 $7,798 $559,000 $257,000 $302,000
2016 $6,753 $483,000 $244,000 $239,000
2015 $6,032 $425,000 $218,000 $207,000
2014 -- $317,000 $140,000 $177,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6691588

NorthstarMLS

APN: 34-117-23-12-0064

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