$819,225
SOLD MAR 17, 2025

253 1st St Excelsior, MN 55331

4 Beds
2.5 Baths
2,251 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$364 Per Sq Ft

9% Below List Price

105 Days on Market

Highlights

  • No HOA
  • Game Room
  • The kitchen features windows
  • Excelsior Elementary School Rated A
  • Stainless Steel Appliances
  • 4-minute walk to Excelsior Commons

About This Home

As of March 2025

Step into a piece of history in this 1915 storybook cottage, located in the heart of Excelsior just one block from the shorelines of Lake Minnetonka and expansive green spaces of the Excelsior Commons. Featuring, 4-beds and 3-baths, this residence boasts just over 2,200 sq. ft. of beautifully finished living space. Revel in the warmth of walnut-stained hardwood floors that extend throughout the main level, cozy up by the wood burning fireplace or soak up the sun from the spacious all season sun porch. Cook and entertain in style with a chef-inspired kitchen, featuring Noire soap-stone counter tops, vintage cast iron double basin sink, Wolf gas range with vent hood, an abundance of storage space and extensive eat at center island. The adjacent formal dining space is fantastic for entertaining yet easily transformed to accommodate your specific needs. The primary suite offers a full bath with newly tiled shower surround, two darling recessed nooks and closet. Down the hall lie the three additional bedrooms with full updated hall bath. The lower level is partially finished as recreation room yet maintains an abundance of storage. The charming exterior was updated in 2017 with Hardie board siding, Marvin Integrity windows and new aluminum soffit and facia. The garage was equipped with a new gutter system in 2023. You will be enchanted with this home and the vibrant lakeside village of Excelsior. What an amazing opportunity for walkability to the many dining, shopping and community events that make this area so special.

Last Agent to Sell the Property

Melissa Vilett

Coldwell Banker Realty Listed on: 11/15/2024

Coldwell Banker Realty

Last Buyer's Agent

Taryn Kelzer

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,273

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32x126x22x20x106

Parking

  • 1 Car Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Game Room

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Drain
  • Crawl Space

Outdoor Features

  • Front Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • 200+ Amp Service
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3411723110040

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,273

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1943
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Drain Tiled, Partially Finished, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2251
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 308
  • Basement YN: Yes
  • Dining Room Type: Four Season Porch, Living Room, Kitchen, Dining Room, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Game Room, Family Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 352

Utilities

  • Heating: Baseboard, Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 32x126x22x20x106
  • Lot Size Sq Ft: 3920.4
  • Land Lease: No
  • Lot Features: Some 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: 3411723110040
  • Tax Annual Amount: 10273
  • TaxWithAssessments: 10273.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Mar 13, 2025
Sold by
Wheeler Caitlin and Wheeler William Robert
Bought by
Schwantes Living Trust and Schwantes
Seller's Agent
Melissa Vilett
Coldwell Banker Realty
Buyer's Agent
Taryn Kelzer
Coldwell Banker Realty
List Price
$899,000
Sold Price
$819,225
Premium/Discount to List
-$79,775
-8.87%
Views
196
Current Estimated Value
$852,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,011
Avg. Annual Appreciation
12.87%

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 14, 2022
Sold by
Wood Jennifer Hopeman and Berglund Bruce Robert
Bought by
Wheeler Caitlin and Wheeler William Robert
Seller's Agent
Brian Monette
RE/MAX Results
Buyer's Agent
Stephanie Spading
Edina Realty, Inc.
List Price
$749,900
Sold Price
$775,000
Premium/Discount to List
$25,100
3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Nov 18, 2021
Sold by
Wagner Anna and Wagner Matthew L
Bought by
Berglund Bruce Robert and Wood Jennifer Hopeman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Tawny Group Llc
Bought by
Wagner Matthew L and Wagner Anna J

Purchase Details

Closed on
Oct 17, 2003
Sold by
Estate Of Kenneth Eugene Johnson
Bought by
Swenson Sandra A
Source: Public Records

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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
Warranty Deed $819,226 Edina Realty Title
Warranty Deed $775,000 Results Title
Warranty Deed $715,000 Titlesmart Inc
Warranty Deed $395,000 --
Deed $192,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $536,250 New Conventional
Previous Owner $219,400 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $255,500 New Conventional
Previous Owner $262,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $819,225 -6.9% $364 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $879,900 -2.1% $391 / Sq Ft
11/15/2024 11/15/24 For Sale $899,000 +16.0% $399 / Sq Ft
09/19/2022 09/19/22 Sold $775,000 +3.3% $366 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $749,900 -- $354 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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
2023 $10,273 $824,200 $498,600 $325,600
2022 $9,508 $700,000 $424,000 $276,000
2021 $9,258 $693,000 $424,000 $269,000
2020 $9,097 $668,000 $410,000 $258,000
2019 $8,844 $639,000 $396,000 $243,000
2018 $7,707 $623,000 $365,000 $258,000
2017 $6,232 $443,000 $257,000 $186,000
2016 $6,223 $432,000 $244,000 $188,000
2015 $5,881 $402,000 $218,000 $184,000
2014 -- $344,000 $171,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6628726

NorthstarMLS

APN: 34-117-23-11-0040