2595 Lydiard Cir Excelsior, MN 55331
Estimated payment $5,265/month
Highlights
- 2 Car Attached Garage
- Shirley Hills Primary School Rated A
- Forced Air Heating System
About This Home
Excellent investment opportunity in one of the most sought-after areas near Lake Minnetonka! This well-maintained duplex in Excelsior is ideal for investors looking to add strong rental income to their portfolio. Purchase as a fully leased investment property or live in one side and rent out the other to offset your mortgage, or host extended family while still enjoying privacy! The property offers a rare opportunity for both homeowners and investors alike. Each unit offers luxurious finishes, a spacious layout with large windows, functional kitchens, private bedrooms, private laundry, and full baths. The property includes attached garages, off-street parking, and a generous backyard. With high rental demand in the Excelsior area, this duplex is well-positioned for reliable occupancy and long-term appreciation. Conveniently located near downtown Excelsior, shopping, dining, and lake amenities, this property combines location, versatility, and consistent rental potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,838
Year Built
- Built in 1974
Lot Details
- Lot Dimensions are 61x184x249x100
- Additional Parcels
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Bi-Level Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
Additional Features
- Finished Basement
Community Details
- 2 Units
- Cic 2035 Lake Minnetonka Meadows Subdivision
Listing and Financial Details
- Assessor Parcel Number 2011723110040
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,419 | $487,300 | $215,000 | $272,300 |
| 2023 | $4,038 | $462,300 | $190,000 | $272,300 |
| 2022 | $3,572 | $380,000 | $108,000 | $272,000 |
| 2021 | $3,563 | $380,000 | $108,000 | $272,000 |
| 2020 | $3,432 | $376,000 | $104,000 | $272,000 |
| 2019 | $3,218 | $340,000 | $79,000 | $261,000 |
| 2018 | $4,116 | $317,000 | $79,000 | $238,000 |
| 2017 | $3,100 | $180,000 | $55,000 | $125,000 |
| 2016 | $3,153 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | Price Changed | $859,000 | -4.4% | $194 / Sq Ft | |
| 09/29/2025 09/29/25 | For Sale | $899,000 | +230.5% | $203 / Sq Ft | |
| 12/13/2013 12/13/13 | Sold | $272,000 | -10.8% | $84 / Sq Ft | View Prior Sale |
| 10/23/2013 10/23/13 | Pending | -- | -- | -- | |
| 06/13/2013 06/13/13 | For Sale | $304,900 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Legacy Title | |
| Warranty Deed | $727,500 | North American Title Co | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $727,500 | Purchase Money Mortgage |
Source: NorthstarMLS
MLS Number: 6795575
APN: 20-117-23-11-0040
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