$293,000
SOLD APR 11, 2012

431 Lake St Excelsior, MN 55331

1 Bed
1 Bath
910 Sq Ft
$250/mo HOA Fee

Recently Sold

$322 Per Sq Ft

11% Below List Price

34 Days on Market

Highlights

  • Lake Front
  • Docks
  • Property is near public transit
  • Excelsior Elementary School Rated A
  • Deck
  • 5-minute walk to Excelsior Commons

About This Home

As of June 2023

Discover EZ living on Lake Minnetonka in historic Excelsior. Perfect for busy professionals or would make a great summer retreat. Walk to shops, dining, movie theater, beach, park, and bike trails. Plus - Boat dock, lakeviews and low monthy dues!!

Last Agent to Sell the Property

Joel Hentges

Counselor Realty, Inc. Listed on: 02/15/2012

Last Buyer's Agent

Lane Larson

RE/MAX Results

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,684

Year Built

  • 1965

Lot Details

  • Lake Front
  • Few Trees

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 910 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Side by Side Parking
  • Driveway

Outdoor Features

  • Docks
  • Balcony
  • Deck

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, shared amenities, snow removal, trash, water

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,684

Year Built

1965

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Ceiling Fans, Tiled Floors
  • Amenities Exterior: Balcony, Deck, Dock, Driveway - Concrete
  • Construction: Previously Owned
  • Foundation Size: 480
  • Projected Closed Date: 04/11/2012
  • Street Designation: Street
  • Taxes With Assessments: 4054
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1965

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x16, On Level: Main
  • Room 2: Dining Room, 16x10, On Level: Main
  • Room 4: Kitchen, 10x8, On Level: Main
  • Room 5: Bedroom, 20x13, On Level: Upper
  • Room 9: Deck, 14x6, On Level: Main
  • Finished Above Grade Sq Ft: 910
  • Total Fin Square Footage: 910

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Waterfront Name: Minnetonka
  • Exterior: Wood
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 250

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

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
$888,118

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
-2.16%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $500 None Listed On Document
Warranty Deed $901,000 Executive Title Services
Warranty Deed $350,000 Title Recording Services
Warranty Deed $315,000 --
Warranty Deed $393,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $214,000 New Conventional
Previous Owner $225,000 New Conventional
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: REALTOR® Association of Southern Minnesota

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 $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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4105010

REALTOR® Association of Southern Minnesota

APN: 34-117-23-11-0102