361 Morse Ave Excelsior, MN 55331
3
Beds
1.5
Baths
715
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- The kitchen features windows
- Forced Air Heating and Cooling System
- Excelsior Elementary School Rated A
- Living Room
About This Home
As of July 2025All recently remodeled with new kitchen, new windows, new bathroom, new flooring & paint. It's all fixed up ready for immediate occupancy. Property is zoned commercial so uses are endless. Full basement, New AC, short walk to the trail and all the fabulous shops and restaurants on Water Street - couple of blocks to Maynards on Lake Minnetonka
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-723-1000 Listed on: 04/19/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,014
Year Built
- Built in 1910
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 144x108x92
Parking
- 1 Car Garage
Home Design
- Brick Foundation
- Shake Siding
Interior Spaces
- 715 Sq Ft Home
- 1.5-Story Property
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- College Point Subdivision
Listing and Financial Details
- Assessor Parcel Number 3411723140043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2025
Closed on
Jul 2, 2025
Sold by
Minneapolis Uptown Rentals 361 Llc
Bought by
G2 Development Llc
Seller's Agent
Paul Larson
Coldwell Banker Realty
Buyer's Agent
Jordan Whitewater
Compass
List Price
$450,000
Sold Price
$360,000
Premium/Discount to List
-$90,000
-20%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%
Original Mortgage
$294,945
Outstanding Balance
$294,945
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$69,284
Purchase Details
Listed on
Jun 3, 2023
Closed on
Sep 20, 2023
Sold by
Horner Daniel and Horner Melissa
Bought by
Minneapolis Uptown Rentals 361 Llc
Seller's Agent
Darlene Arndt
Coldwell Banker Realty
Buyer's Agent
Paul Larson
Coldwell Banker Realty
List Price
$270,000
Sold Price
$262,500
Premium/Discount to List
-$7,500
-2.78%
Views
215
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.42%
Purchase Details
Closed on
Oct 6, 2021
Sold by
Galpin Properties Llc
Bought by
Homer Daniel
Purchase Details
Closed on
Jul 29, 2020
Sold by
Gillund Properties Llc
Bought by
Galpin Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 6, 2013
Sold by
Gillund Glenn D and Gillund Lois S
Bought by
Gillund Properties Llc
Similar Homes in Excelsior, MN
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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 | $360,000 | Land Title | |
| Warranty Deed | $262,500 | Watermark Title | |
| Warranty Deed | $210,000 | Executive Title | |
| Warranty Deed | $400,000 | Land Title Inc | |
| Interfamily Deed Transfer | -- | Lti |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,945 | New Conventional | |
| Previous Owner | $210,000 | Construction | |
| Previous Owner | $320,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $360,000 | -4.0% | $503 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | Price Changed | $374,900 | -6.3% | $524 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $399,900 | -11.1% | $559 / Sq Ft |
| 04/19/2025 04/19/25 | For Sale | $450,000 | +71.4% | $629 / Sq Ft |
| 09/21/2023 09/21/23 | Sold | $262,500 | -2.8% | $367 / Sq Ft |
| 09/04/2023 09/04/23 | Pending | -- | -- | -- |
| 06/03/2023 06/03/23 | For Sale | $270,000 | -- | $378 / 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 | $2,701 | $232,700 | $210,000 | $22,700 |
| 2022 | $2,528 | $205,000 | $166,000 | $39,000 |
| 2021 | $2,826 | $194,000 | $166,000 | $28,000 |
| 2020 | $2,877 | $203,000 | $166,000 | $37,000 |
| 2019 | $2,868 | $200,000 | $166,000 | $34,000 |
| 2018 | $4,971 | $199,000 | $166,000 | $33,000 |
| 2017 | $2,994 | $204,000 | $166,000 | $38,000 |
| 2016 | $3,069 | $204,000 | $169,000 | $35,000 |
| 2015 | $2,626 | $185,000 | $151,000 | $34,000 |
| 2014 | -- | $182,000 | $151,000 | $31,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Paul Larson
Coldwell Banker Realty
(612) 723-1000
6 in this area
35 Total Sales
-
Buyer's Agent in 2025
Jordan Whitewater
Compass
(608) 386-6878
2 in this area
69 Total Sales
-
Seller's Agent in 2023
Darlene Arndt
Coldwell Banker Burnet
(612) 202-5917
6 in this area
91 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6706356
APN: 34-117-23-14-0043
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