$650,000
PENDING

248 Center St Excelsior, MN 55331

Estimated payment $4,256/month

Total Views 493
2 Beds
2 Baths
1,280 Sq Ft
$508 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Corner Lot
  • Breakfast Area or Nook
  • Excelsior Elementary School Rated A+
  • No HOA
  • 1-minute walk to Excelsior Commons

About This Home

Nestled on a quiet street in the Village of Excelsior, this cozy cottage offers an opportunity to embrace one of the most sought-after settings steps from Lake Minnetonka. Whether you envision creating an in-town summer cabin, taking on a renovation project, or you’re looking for a premier site to build new, the possibilities here are exceptional. Sited on a tree-lined corner, a detached shed provides additional storage while the lot offers an opportunity to build a two-car garage. Just a short stroll from iconic Water Street where boutiques, award-winning dining, coffee shops, and the vibrant energy of this historic lake town await. Spend summer evenings at Concerts in the Commons and take part in Excelsior’s beloved year-round community events, including Art on the Lake, Lake Minnetonka’s Fourth of July, Apple Days and much more. Adventure beyond the village by hopping on the nearby Lake Minnetonka LRT Regional Trail for miles of scenic biking and walking. Residents of Excelsior can apply for a dock slip on Lake Minnetonka through the City’s dock program, availability is limited and there is currently a waiting list.

Listing Agent

Stafford Family Realtors

Coldwell Banker Realty Brokerage Phone: 6122826895 Listed on: 04/06/2026

Coldwell Banker Realty

Co-Listing Agent

Eric Stafford

Coldwell Banker Realty Brokerage Phone: 6122826895

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,436

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 110x58.66
  • Corner Lot
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Lower Floor Utility Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3411723120063

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,436

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1280
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6122826895
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial, Unfinished
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Family Room, Gas
  • Living Area: 1280
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • Roof: Asphalt, Pitched
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Gas Dryer Hookup, Lower Level, Sink, Washer Hookup
  • Electric: Circuit Breakers
  • Fuel: Electric, Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Skylight, Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 110x58.66
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 3411723120063
  • Tax Annual Amount: 9436
  • TaxWithAssessments: 9436

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $9,072 $821,000 $640,000 $181,000
2023 $7,720 $737,100 $554,000 $183,100
2022 $7,526 $645,000 $471,000 $174,000
2021 $7,133 $627,000 $471,000 $156,000
2020 $6,981 $602,000 $456,000 $146,000
2019 $6,630 $577,000 $440,000 $137,000
2018 $6,629 $547,000 $406,000 $141,000
2017 $5,467 $436,000 $285,000 $151,000
2016 $5,817 $416,000 $271,000 $145,000
2015 $5,450 $384,000 $242,000 $142,000
2014 -- $285,000 $155,000 $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2026 04/08/26 Pending -- -- --
04/06/2026 04/06/26 For Sale $650,000 -- $508 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $377,500 --
Warranty Deed $330,000 --
Warranty Deed $319,000 --
Warranty Deed $244,000 --
Source: Public Records

Source: NorthstarMLS

MLS Number: 7037595

NorthstarMLS

APN: 34-117-23-12-0063

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