409 2nd St Excelsior, MN 55331
Estimated Value: $2,321,504
Studio
--
Bath
--
Sq Ft
8,712
Sq Ft Lot
About This Home
This home is located at 409 2nd St, Excelsior, MN 55331 and is currently estimated at $2,321,504. 409 2nd St is a home with nearby schools including Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2021
Sold by
Nygren Jan and Dorothy J Nygren Revocable Intervivos Tr
Bought by
Excelsior Enterprises Llc and 37 Water Street Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,563,763
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$757,741
Purchase Details
Closed on
Dec 23, 2021
Sold by
Dorothy J. Nygren Revocable Intervivos T
Bought by
Excelsior Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,563,763
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$757,741
Purchase Details
Closed on
Oct 8, 2015
Sold by
Nygren Dorothy J
Bought by
Nygren Jan and Dorothy J Nygren Intervivos Trust
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Excelsior Enterprises Llc | $2,000,000 | None Available | |
| Excelsior Enterprises Llc | $200,000,000 | -- | |
| Nygren Jan | -- | Guaranty Com Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Excelsior Enterprises Llc | $1,700,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2024 | $83,048 | $2,850,000 | $710,000 | $2,140,000 |
| 2023 | $58,420 | $2,109,000 | $1,336,000 | $773,000 |
| 2022 | $65,027 | $135,000 | $46,000 | $89,000 |
| 2021 | $65,473 | $1,978,000 | $487,000 | $1,491,000 |
| 2020 | $65,203 | $1,978,000 | $487,000 | $1,491,000 |
| 2019 | $62,893 | $1,902,000 | $468,000 | $1,434,000 |
| 2018 | $61,003 | $1,777,000 | $437,000 | $1,340,000 |
| 2017 | $59,140 | $1,659,000 | $420,000 | $1,239,000 |
| 2016 | $58,139 | $1,588,000 | $385,000 | $1,203,000 |
| 2015 | $43,752 | $1,160,000 | $385,000 | $775,000 |
| 2014 | -- | $1,125,000 | $350,000 | $775,000 |
Source: Public Records
Map
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