NOT LISTED FOR SALE

420 Mill St Excelsior, MN 55331

Estimated Value: $443,000 - $661,000

3 Beds
3 Baths
1,667 Sq Ft
$332/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $460,000 $276 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,415/month

18 Days on Market

Highlights

  • Lake View
  • Deck
  • No HOA
  • Excelsior Elementary School Rated A
  • Family Room with Fireplace
  • Den

About This Home

As of September 2023

Overlooking Galpin Lake, this one story home is ready for YOU with room to grow in the walkout basement. Gorgeous views of Galpin Lake and impeccable landscaping. Walking distance from Maynards and Water Street in downtown Excelsior. Right off of Lake Minnetonka LRT Trail to boot! Residents of Excelsior get first dibs (same as Minnetonka residents) and 1/2 off of their boat slip lottery. Small lot behind the home is owned by the City of Excelsior, but is open to use! Currently there are 2 docks there, a beautifully adorned arbor with seating, and a firepit! Lake Galpin is open to motors under 5mph and all of your motor free toys. In winters past there has even been a groomed rink!

Last Agent to Sell the Property

Joanne Nigbor

Realty ONE Group Choice Listed on: 07/09/2023

Realty ONE Group Choice

Last Buyer's Agent

Emily Takekawa

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1952

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Electric Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Den
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Shared Waterfront
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Eastern Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511723230066

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,298

Year Built

Built in 1952

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: 1952
  • Above Grade Finished Sq Ft: 1193
  • Water Body Name: Galpin
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Partially Finished, Storage Space, Walkout
  • Fireplace Features: Electric, Family Room, Wood Burning
  • Living Area: 1667
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 474
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck, Family Room, Den
  • SqFtTotal: 2489.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Partial
  • View: Lake
  • PatioPorchType: Deck,Patio
  • Lake Acres: 45
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 462
  • ParkingOpen: 2
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 120X75 APPROX.
  • Lot Size Sq Ft: 9147.6
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3511723230066
  • Tax Annual Amount: 4298
  • TaxWithAssessments: 4298.0000

Multi Family

  • WaterfrontFeatures: Lake View, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Sep 15, 2023
Sold by
Aaland Laurie J and Aaland Daryl W
Bought by
Donald J Ohearn Revocable Trust and Ohearn
Seller's Agent
Joanne Nigbor
Realty ONE Group Choice
Buyer's Agent
Emily Takekawa
Keller Williams Premier Realty Lake Minnetonka
List Price
$499,990
Sold Price
$460,000
Premium/Discount to List
-$39,990
-8%
Views
79
Current Estimated Value
$544,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,783
Avg. Annual Appreciation
9.27%
Original Mortgage
$368,000
Outstanding Balance
$361,912
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$181,484

Purchase Details

Closed on
Jun 24, 1999
Sold by
Scott Joyce A and Scott Dean W
Bought by
Knudson Daryl W and Aaland Laurie J

Purchase Details

Closed on
Feb 17, 1998
Sold by
Cuff David J

Purchase Details

Closed on
Sep 22, 1993
Sold by
Laird Norton Trust Co
Bought by
Cuff David J and Cuff Joyce A

Purchase Details

Closed on
Jan 22, 1993
Sold by
Union Bank & Trust Co
Bought by
Cuff David J and Cuff Joyce A
Source: Public Records

Range of Values:

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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
Donald J Ohearn Revocable Trust $460,000 Legacy Title
Knudson Daryl W $129,900 --
-- $7,100 --
Cuff David J $24,000 --
Cuff David J $23,957 --
Cuff David J $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donald J Ohearn Revocable Trust $368,000
Previous Owner Knudson Daryl W $20,000
Previous Owner Knudson Daryl W $10,000
Previous Owner Knudson Daryl W $220,000
Previous Owner Knudson Daryl W $178,500
Previous Owner Knudson Daryl W $66,779
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $460,000 0.0% $276 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $460,000 -8.0% $276 / Sq Ft
07/13/2023 07/13/23 For Sale $499,990 -- $300 / 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
2023 $4,867 $419,200 $193,200 $226,000
2022 $3,919 $365,000 $140,000 $225,000
2021 $3,637 $308,000 $120,000 $188,000
2020 $3,656 $288,000 $102,000 $186,000
2019 $3,712 $281,000 $102,000 $179,000
2018 $3,457 $285,000 $102,000 $183,000
2017 $3,538 $269,000 $114,000 $155,000
2016 $3,558 $265,000 $126,000 $139,000
2015 $3,606 $265,000 $126,000 $139,000
2014 -- $234,000 $114,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6395448

NorthstarMLS

APN: 35-117-23-23-0066