Seller's Agent in 2025
Gregory Hiniker
Realty Inc
(612) 868-0724
1 in this area
77 Total Sales
405 Lake St Unit 405 Excelsior, MN 55331
2
Beds
1.5
Baths
1,092
Sq Ft
$438/mo
HOA Fee
Highlights
- Dock Facilities
- 42,210 Sq Ft lot
- Forced Air Heating and Cooling System
- Excelsior Elementary School Rated A
- 1 Fireplace
- 4-minute walk to Excelsior Commons
About This Home
As of February 2025Rare opportunity for true waters-edge living in Excelsior. You'll love the panoramic Lake Minnetonka views from your spacious 2 bedroom condo. Premier location approximately 10 steps away from your boat slip with 2 off-street parking spaces makes this a perfect home for those who like to enjoy all the lake has to offer. Great access to dining and much more. Call for a private tour today! It's time to get on the water.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,823
Year Built
- Built in 1968
HOA Fees
- $438 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,092 Sq Ft Home
- 2-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
Additional Features
- Dock Facilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include maintenance structure, controlled access, dock, lawn care, ground maintenance, parking, trash, shared amenities, snow removal
- Bay Shore Condominiums Association, Phone Number (602) 430-7150
- Low-Rise Condominium
- Condo 0003 Bay Shore Manor Subdivision
Listing and Financial Details
- Assessor Parcel Number 3411723110090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2024
Closed on
Feb 14, 2025
Sold by
Miller Jeffrey Allan and Miller Robert P
Bought by
Anderson Michael and Anderson Debra
Seller's Agent
Gregory Hiniker
Realty Inc
Buyer's Agent
Gregory Hiniker
Realty Inc
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,213
Avg. Annual Appreciation
-6.59%
Purchase Details
Closed on
Apr 18, 1997
Sold by
Mcclure Carolyn Kae
Bought by
Miller Robert A and Arzberger Judy
Purchase Details
Closed on
Feb 28, 1997
Sold by
Gruss Bradley B and Gruss Teresa E
Bought by
Mcclure Carolyn K
Purchase Details
Closed on
Aug 26, 1996
Sold by
Greer Edward R
Bought by
Gruss Bradley B and Gruss Teresa E
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 | $1,100,000 | Results Title | |
| Warranty Deed | $158,000 | -- | |
| Warranty Deed | $148,000 | -- | |
| Warranty Deed | $144,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $262,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $1,100,000 | -4.3% | $1,007 / Sq Ft |
| 02/07/2025 02/07/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $1,150,000 | +4.5% | $1,053 / Sq Ft |
| 01/18/2025 01/18/25 | Off Market | $1,100,000 | -- | -- |
| 01/04/2025 01/04/25 | Price Changed | $1,150,000 | -4.2% | $1,053 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $1,200,000 | +9.1% | $1,099 / Sq Ft |
| 10/04/2024 10/04/24 | Off Market | $1,100,000 | -- | -- |
| 10/04/2024 10/04/24 | For Sale | $1,200,000 | -- | $1,099 / 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 | $11,823 | $936,700 | $748,000 | $188,700 |
| 2022 | $7,321 | $864,000 | $682,000 | $182,000 |
| 2021 | $6,691 | $552,000 | $402,000 | $150,000 |
| 2020 | $6,678 | $512,000 | $369,000 | $143,000 |
| 2019 | $6,595 | $497,000 | $358,000 | $139,000 |
| 2018 | $6,327 | $491,000 | $358,000 | $133,000 |
| 2017 | $5,932 | $434,000 | $325,000 | $109,000 |
| 2016 | $6,012 | $430,000 | $325,000 | $105,000 |
| 2015 | $5,198 | $369,500 | $256,500 | $113,000 |
| 2014 | -- | $327,000 | $227,000 | $100,000 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Hiniker
Map
Source: NorthstarMLS
MLS Number: 6611157
APN: 34-117-23-11-0090
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