250 3rd St Excelsior, MN 55331
4
Beds
3
Baths
2,300
Sq Ft
5,227
Sq Ft Lot
Highlights
- No HOA
- Living Room
- Family Room
- Excelsior Elementary School Rated A
- Forced Air Heating and Cooling System
- 3-minute walk to Excelsior Commons
About This Home
As of April 2025Welcome to this charming, turnkey home in the heart of the Excelsior village. Just a short walk to all the activity on Water Street and the shores of Lake Minnetonka you'll love the central location and all of the recent updates. Enjoy being perched above 3rd Street with the LRT trail right in your backyard with the areas best restaurants just steps away. The open main level floor plan offers flexible, modern living with the inviting character of a vintage farmhouse. The home was significantly remodeled a few years ago with designer touches throughout along with beautiful outdoor spaces, landscaping, newer Hardi board siding and low maintenance windows. Come enjoy this property in time for summer! Adding an attached garage to the home is a possibility. Minnetonka schools, Excelsior Elementary, and boat wait-list through the City.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,898
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 45x120
Home Design
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
- Finished Basement
- Natural lighting in basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Auditors Sub 135 Subdivision
Listing and Financial Details
- Assessor Parcel Number 3411723120028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2025
Closed on
Apr 17, 2025
Sold by
Day Mitchell Olson and Day Katherine Elizabeth
Bought by
250 3Rd St Llc
Seller's Agent
Mike Monson
The Landschute Group,Inc.
Buyer's Agent
Mike Monson
The Landschute Group,Inc.
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Purchase Details
Closed on
Nov 20, 2021
Sold by
Day Mitchell Olson and Day Kathlenne Tank
Bought by
Day Mitchell Olson and Day Kathleen Elizabeth
Purchase Details
Closed on
Oct 23, 2020
Sold by
Klaassen Benjamin Harry and Reece Wynne Catherine
Bought by
Day Mitchell Olson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,120
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Closed on
Oct 12, 2020
Sold by
Reece James S and Larsen Elizabeth B
Bought by
Klaassen Benjamin Harry and Reece Wynne Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,120
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Closed on
Sep 1, 2017
Sold by
Reece James S and Larsen Elizabeth B
Bought by
Klassen Benjamin Harry and Reece Wynne Catherine
Purchase Details
Closed on
Aug 28, 2017
Sold by
Bennett Capital Management A Limited Lia
Bought by
Reece James S and Larsen Elizabeth B
Purchase Details
Closed on
Jul 14, 2016
Sold by
Osberg William Allen and Shores Melody A
Bought by
Bennett Capital Management
Purchase Details
Closed on
Jul 14, 2015
Sold by
Shores Melody Melody
Similar Homes in Excelsior, MN
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 | $865,000 | Land Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $725,000 | Watermark Title Agency | |
| Warranty Deed | $615,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $615,000 | Burnet Title | |
| Warranty Deed | $435,000 | Edgewater Title Group Llc | |
| Deed | $435,000 | -- | |
| Deed | $725,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $66,557 | New Conventional | |
| Previous Owner | $588,120 | VA | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $174,000 | New Conventional | |
| Previous Owner | $237,700 | New Conventional | |
| Previous Owner | $247,000 | New Conventional | |
| Closed | $588,120 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | $865,000 | -3.8% | $376 / Sq Ft |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $899,000 | -- | $391 / 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 | $10,898 | $869,600 | $554,000 | $315,600 |
| 2022 | $10,004 | $769,000 | $471,000 | $298,000 |
| 2021 | $8,885 | $725,000 | $471,000 | $254,000 |
| 2020 | $8,871 | $654,000 | $388,000 | $266,000 |
| 2019 | $8,391 | $635,000 | $374,000 | $261,000 |
| 2018 | $5,406 | $605,000 | $345,000 | $260,000 |
| 2017 | $4,635 | $344,000 | $200,000 | $144,000 |
| 2016 | $4,502 | $328,000 | $190,000 | $138,000 |
| 2015 | $4,200 | $304,000 | $169,000 | $135,000 |
| 2014 | -- | $232,000 | $109,000 | $123,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Monson
Seller's Agent in 2025
Mike Monson
The Landschute Group,Inc.
(612) 968-1528
14 in this area
32 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6682178
APN: 34-117-23-12-0028
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