431 Lake St Excelsior, MN 55331
Estimated Value: $672,000 - $988,000
1
Bed
1
Bath
910
Sq Ft
$945/Sq Ft
Est. Value
Highlights
- Lake Front
- Deck
- Stainless Steel Appliances
- Excelsior Elementary School Rated A
- Community Garden
- 5-minute walk to Excelsior Commons
About This Home
As of June 2023Turnkey, carefree living! Excelsior's Bayshore Manor lakefront townhome on Lake Minnetonka! Beautifully remodeled in the past five years. The soundproofed interior provides peaceful living with convenient downtown accessibility. The renovated interior blends today's amenities with the natural, sweeping views of Lake Minnetonka. The quaint front porch invites you into the designed foyer and expansive kitchen, showcasing a modern flair with premium functionality: custom enameled cabinetry, Cambria countertops, Kitchen-Aid appliances, Uline wine refrigerator, and counter seating. Expansive lake views continue in the upper-level owner's suite. The artfully remodeled upper level incorporates a more significant footprint of the owner's custom bath, an in-unit laundry closet, and additional wardrobe storage. Located steps from Excelsior's shopping, dining, the Commons beach, and park. HOA dues include boat slip for up to 30' boat and fiber optic internet.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,956
Year Built
- Built in 1968
Lot Details
- 0.97
HOA Fees
- $347 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
Interior Spaces
- 910 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage Room
- Lake Views
Kitchen
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Additional Features
- Lake Front
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3411723110102
Community Details
Overview
- Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, trash, shared amenities, snow removal, water
- Bayshore Owners HOA, Phone Number (612) 803-2501
- Condo 0003 Bay Shore Manor Subdivision
Amenities
- Community Garden
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 26, 2024
Sold by
Dahl Michael and Dahl Monica Linn
Bought by
431 Lake Street Llc
Current Estimated Value
Purchase Details
Listed on
May 29, 2023
Closed on
Jun 8, 2023
Sold by
Tremblay Mark E and Tremblay Catherine E
Bought by
Dahl Michael and Dahl Monica Linn
Seller's Agent
Paul Johnson
Lakes Sotheby's International
Buyer's Agent
Andrew Spilseth
Compass
List Price
$835,000
Sold Price
$901,000
Premium/Discount to List
$66,000
7.9%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%
Purchase Details
Closed on
Sep 3, 2015
Sold by
Norman Kent and Norman Mary
Bought by
Tremblay Mark E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2009
Sold by
Reeder Douglas S and Reeder Cynthia L
Bought by
Heilicher Ira M and Heilicher Jacqueline L
Purchase Details
Closed on
May 11, 2004
Sold by
Lyman Sally
Bought by
Reeder Douglas S
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 431 Lake Street Llc | $500 | None Listed On Document | |
| Dahl Michael | $901,000 | Executive Title Services | |
| Tremblay Mark E | $350,000 | Title Recording Services | |
| Heilicher Ira M | $315,000 | -- | |
| Reeder Douglas S | $393,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tremblay Mar E | $214,000 | |
| Previous Owner | Tremblay Mark E | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $901,000 | +7.9% | $990 / Sq Ft |
| 06/02/2023 06/02/23 | For Sale | $835,000 | +185.0% | $918 / Sq Ft |
| 04/11/2012 04/11/12 | Sold | $293,000 | -10.9% | $322 / Sq Ft |
| 03/20/2012 03/20/12 | Pending | -- | -- | -- |
| 02/15/2012 02/15/12 | For Sale | $329,000 | -- | $362 / 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 | $10,684 | $854,100 | $646,000 | $208,100 |
| 2022 | $6,686 | $785,000 | $589,000 | $196,000 |
| 2021 | $6,193 | $511,000 | $347,000 | $164,000 |
| 2020 | $6,154 | $476,000 | $318,000 | $158,000 |
| 2019 | $5,910 | $458,000 | $309,000 | $149,000 |
| 2018 | $5,657 | $440,000 | $309,000 | $131,000 |
| 2017 | $4,781 | $354,000 | $280,000 | $74,000 |
| 2016 | $5,146 | $371,000 | $280,000 | $91,000 |
| 2015 | $4,422 | $318,600 | $221,500 | $97,100 |
| 2014 | -- | $282,000 | $196,000 | $86,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Johnson
Seller's Agent in 2023
Paul Johnson
Lakes Sotheby's International
(952) 212-7103
2 in this area
55 Total Sales
-
Mark Hoiseth
Seller Co-Listing Agent in 2023
Mark Hoiseth
Lakes Sotheby's International
(612) 282-3465
1 in this area
61 Total Sales
-
Andrew Spilseth
Buyer's Agent in 2023
Andrew Spilseth
Compass
(612) 396-2951
3 in this area
155 Total Sales
-
T. Cody Turnquist
Buyer Co-Listing Agent in 2023
T. Cody Turnquist
Compass
(612) 578-1093
3 in this area
112 Total Sales
-
J
Seller's Agent in 2012
Joel Hentges
Counselor Realty, Inc.
-
L
Buyer's Agent in 2012
Lane Larson
RE/MAX
Map
Source: NorthstarMLS
MLS Number: 6369709
APN: 34-117-23-11-0102
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