$534,900
SOLD APR 4, 2025

416 Division St Excelsior, MN 55331

3 Beds
2 Baths
1,693 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$316 Per Sq Ft

3% Below List Price

77 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Excelsior Elementary School Rated A+
  • Corner Lot
  • Stainless Steel Appliances

About This Home

As of April 2025

Welcome to this stunning split-level home in the heart of Excelsior! Situated on a corner lot this 3-bedroom, 2-bathroom home is beautifully updated throughout and in an unbeatable location just steps from downtown Excelsior and Lake Minnetonka! The main level features a spacious, open-concept layout filled with natural light. The eat-in kitchen has stainless steel appliances, granite countertops, white cabinets, and a center island perfect for casual dining or entertaining. The kitchen flows seamlessly into the bright and inviting living room, complete with beautiful floors, exposed beams, and a cozy fireplace. With 3 bedrooms on one level, the primary bedroom offers ample closet space and walk-through access to the stylishly updated bathroom. The lower level is designed for both relaxation and entertainment, with a large family room, a wet bar, and a convenient three-quarter bathroom. This home also includes a deck off of dining room and a 2-car attached garage with a new driveway. Recent updates include newer HVAC, water heater, gutters, electrical and plumbing. Located in a sought-after neighborhood, this home is steps away from all that Excelsior has to offer—quaint shops, exceptional dining, parks, breweries, and the vibrant lake life. Bike or walk to Lake Minnetonka to take out your boat, swim, or soak up the sun. This Excelsior gem offers the perfect blend of comfort, style, and convenience. Schedule your showing today and make it yours!

Last Agent to Sell the Property

Amber Lange

Keller Williams Classic Rlty NW Brokerage Phone: 763-226-7911 Listed on: 01/03/2025

Keller Williams Classic Rlty NW

Last Buyer's Agent

Cindy Redmond

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,047

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 94x162x28x113x63
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Krig Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511723240034

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,047

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1127
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-226-7911
  • Attribution Contact: 763-226-7911
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Tile Shower
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 1693
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 566
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Paneled Doors,Tile Floors,Vaulted Ceiling(s),Wet Bar

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 94x162x28x113x63
  • Lot Size Sq Ft: 10454.4
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3511723240034
  • Tax Annual Amount: 5047
  • TaxWithAssessments: 5046.5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Apr 4, 2025
Sold by
Nje Holdings Llc
Bought by
Peter Mark Redmond Irrevocable Trust and Cynthia J Redmond Revocable Trust
Seller's Agent
Amber Lange
Keller Williams Classic Rlty NW
Buyer's Agent
Cindy Redmond
Coldwell Banker Realty
List Price
$550,000
Sold Price
$534,900
Premium/Discount to List
-$15,100
-2.75%
Views
161
Current Estimated Value
$552,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,459
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Mar 29, 2021
Sold by
Letendre Robert J
Bought by
Nje Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 1996
Sold by
Cronick David C
Bought by
Letendre Robert J
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 Type Sale Price Title Company
Warranty Deed $534,900 Burnet Title
Warranty Deed $367,500 Burnet Title
Warranty Deed $114,000 --
Deed $367,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $534,900 0.0% $316 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $534,900 -2.7% $316 / Sq Ft
01/03/2025 01/03/25 For Sale $550,000 -- $325 / 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 $5,930 $420,900 $193,800 $227,100
2023 $4,531 $390,300 $161,500 $228,800
2022 $4,072 $370,000 $148,000 $222,000
2021 $3,887 $319,000 $143,000 $176,000
2020 $3,684 $306,000 $139,000 $167,000
2019 $3,525 $283,000 $123,000 $160,000
2018 $3,442 $272,000 $123,000 $149,000
2017 $3,523 $268,000 $133,000 $135,000
2016 $3,454 $258,000 $136,000 $122,000
2015 $3,134 $234,000 $114,000 $120,000
2014 -- $173,000 $68,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6644775

NorthstarMLS

APN: 35-117-23-24-0034