NOT LISTED FOR SALE

332 Mill St Excelsior, MN 55331

Estimated Value: $412,000 - $503,000

2 Beds
2 Baths
1,274 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $399,000 $313 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,736/month

32 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Beach Access
  • No HOA
  • Excelsior Elementary School Rated A+
  • Deck
  • Laundry Room

About This Home

As of August 2023

Prime location for easy access to it all! 150 feet of Galpin lakeshore perfect for kayaks and paddleboards (up to 5mph motored), and only a 5 minute walk to Maynards, downtown Excelsior and Lake Minnetonka! This gem of a home has 2 bedrooms upstairs with a full bath, a living room FULL of light and an extra entertainment space downstairs with 3/4 bath. Your deck out back shows off Galpin Lake with amazing sunsets! Don't forget, Excelsior residents get an amazing deal on Minnetonka boat slips in their lottery-

Last Agent to Sell the Property

Joanne Nigbor

Realty ONE Group Choice Listed on: 05/28/2023

Realty ONE Group Choice

Last Buyer's Agent

Gregory Sutton

Prandium Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 119x130x185x45
  • 120 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence
  • Few Trees

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Eastern Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511723230030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,830

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 900
  • Water Body Name: Galpin
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Storage Space, Walkout
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1274
  • Fireplace: No
  • Below Grade Finished Sq Ft: 374
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Bedroom 1, Bedroom 2, Laundry, Utility Room
  • SqFtTotal: 1274.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial, Wire, Wood
  • View: Bay
  • PatioPorchType: Deck
  • LakeChain: N
  • Waterfront Frontage: 120

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 119x130x185x45
  • Lot Size Sq Ft: 11325.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3511723230030
  • Tax Annual Amount: 3830
  • TaxWithAssessments: 3830.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Aug 7, 2023
Sold by
Lgowsky Katherine
Bought by
332 Mill Street Llc
Seller's Agent
Joanne Nigbor
Realty ONE Group Choice
Buyer's Agent
Gregory Sutton
Prandium Group Real Estate
List Price
$399,000
Sold Price
$399,000
Views
197
Current Estimated Value
$449,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,930
Avg. Annual Appreciation
5.15%
Original Mortgage
$278,000
Outstanding Balance
$271,547
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$178,383

Purchase Details

Closed on
May 31, 2022
Sold by
Sallander Leah and Sallander Jake
Bought by
Igowsky Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2022
Sold by
Sallander Jake R and Sallander Leah E
Bought by
Igowsky Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2016
Sold by
Latterner Sean P and Latterner Megan
Bought by
Kramer Leah E and Sallander Jake R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,305
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2012
Closed on
Feb 26, 2013
Sold by
Outlook Origins Llc
Bought by
Latterner Sean P
Seller's Agent
Darlene Leitch
Bridge Realty, LLC
Buyer's Agent
Darlene Leitch
Bridge Realty, LLC
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$205,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 15, 2011
Closed on
Feb 3, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Outlook Origins Llc
Seller's Agent
Andrew Krenzer
Advisors Realty Inc.
Buyer's Agent
James Engel
RES Realty
List Price
$144,900
Sold Price
$110,000
Premium/Discount to List
-$34,900
-24.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.69%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 9, 2011
Sold by
Roth Matt S
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 1, 2002
Sold by
Torkelson Rolf B and Torkelson Barbara J
Bought by
Emmel Keith and Roth Matt

Purchase Details

Closed on
Apr 27, 2001
Sold by
Krueger Jeanette A
Bought by
Torkelson Rolf B and Torkelson Barbara J

Purchase Details

Closed on
Jan 3, 1997
Sold by
Meinke Gary E and Meinke Carol S
Bought by
Kivley Marcia E and Kivley Kent D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
332 Mill Street Llc $399,000 Legacy Title
Igowsky Katherine $380,000 --
Igowsky Katherine $380,000 Minnesota Title
Kramer Leah E $231,900 Burnet Title
Latterner Sean P -- Unrd
Outlook Origins Llc -- Eagle Creek Title
Federal Home Loan Mortgage Corporation -- None Available
Citimortgage Inc $199,085 --
Emmel Keith $194,000 --
Torkelson Rolf B $149,400 --
Kivley Marcia E $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 332 Mill Street Llc $278,000
Previous Owner Igowsky Katherine $342,000
Previous Owner Igowsky Katherine $342,000
Previous Owner Kramer Leah E $220,305
Previous Owner Latterner Sean P $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2023 08/07/23 Sold $399,000 0.0% $313 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $399,000 0.0% $313 / Sq Ft
06/13/2023 06/13/23 Off Market $399,000 -- --
06/13/2023 06/13/23 For Sale $399,000 0.0% $313 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $399,000 +77.3% $313 / Sq Ft
02/26/2013 02/26/13 Sold $225,000 -13.4% $167 / Sq Ft View Prior Sale
02/01/2013 02/01/13 Pending -- -- --
09/28/2012 09/28/12 For Sale $259,900 +136.3% $193 / Sq Ft
02/09/2012 02/09/12 Sold $110,000 -24.1% $81 / Sq Ft View Prior Sale
01/30/2012 01/30/12 Pending -- -- --
10/15/2011 10/15/11 For Sale $144,900 -- $107 / 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
2024 $4,637 $388,200 $167,700 $220,500
2023 $4,558 $392,600 $167,700 $224,900
2022 $3,473 $328,000 $146,000 $182,000
2021 $3,123 $276,000 $125,000 $151,000
2020 $3,025 $251,000 $106,000 $145,000
2019 $2,924 $237,000 $106,000 $131,000
2018 $2,840 $230,000 $106,000 $124,000
2017 $2,968 $230,000 $118,000 $112,000
2016 $3,216 $230,000 $130,000 $100,000
2015 $3,349 $236,000 $130,000 $106,000
2014 -- $199,000 $116,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6374808

NorthstarMLS

APN: 35-117-23-23-0030