$796,500
SOLD AUG 15, 2025

448 3rd St Excelsior, MN 55331

2 Beds
2.5 Baths
1,858 Sq Ft
$430/mo HOA Fee

Recently Sold

$429 Per Sq Ft

28 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Family Room
  • Excelsior Elementary School Rated A+
  • Dining Room
  • 2-minute walk to Excelsior Commons

About This Home

As of August 2025

Phenomenal Row Home in the heart of Downtown Excelsior! Located just two blocks from Lake Minnetonka, and situated only steps from this historic town's spectacular amenities, the home and location can't be beat. This property offers so much charm from the moment you walk up to the front porch. The main level boasts a beautiful open kitchen, sitting and dining rooms, cherry hardwood, as well as an incredible front living room with fireplace and a balcony off the back. The upper level has a wonderful primary suite, second bedroom and bath, and laundry. From the tall ceilings, fantastic woodwork and finishes, oversized 2.5 car garage, and all the charm Historic Excelsior has to offer, this Row Home is a definite must see!

Last Agent to Sell the Property

Cindy Pelletier

Compass Listed on: 06/23/2025

Compass

Co-Listed By

Desiree Zimmerman

Compass

Last Buyer's Agent

Kristi Weinstock

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,663

Year Built

  • Built in 2006

Lot Details

  • 958 Sq Ft Lot
  • Lot Dimensions are 28x43
  • Many Trees

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • Association fees include maintenance structure, lawn care, trash, snow removal
  • Omega Management, Inc. Association, Phone Number (763) 449-9100
  • Promenade At Excelsior Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3411723140062

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,663

Year Built

Built in 2006

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1858
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Block, Storage Space
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1858
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Deck

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Trash, Snow Removal
  • Phone: 763-449-9100
  • Association Fee: 430
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Indoor Sprinklers,Natural Woodwork,Security System,Vaulted Ceiling(s),Walk-In Closet

Association/Amenities

  • HOA Management Co: Omega Management, Inc.

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 28x43
  • Lot Size Sq Ft: 958.32
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3411723140062
  • Tax Annual Amount: 10663
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Aug 15, 2025
Sold by
Wilkinson Todd G and Wilkinson Amy L
Bought by
Mortimore Sara E and Cosslett Lawrence J
Seller's Agent
Cindy Pelletier
Compass
Buyer's Agent
Kristi Weinstock
Coldwell Banker Realty
List Price
$800,000
Sold Price
$796,500
Premium/Discount to List
-$3,500
-0.44%
Views
67
Current Estimated Value
$815,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,833
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Aug 15, 2017
Sold by
Jensen Ann L
Bought by
Wilkinson Todd G and Wilkinson Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2013
Sold by
Shv Inc
Bought by
Jensen Steven P and Jensen Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $796,500 Legacy Title
Warranty Deed $575,000 Home Title Inc
Warranty Deed $575,000 Home Title Inc
Warranty Deed $440,000 Cornerstone Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $345,000 New Conventional
Previous Owner $396,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $796,500 -0.4% $429 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $800,000 +0.4% $431 / Sq Ft
06/30/2025 06/30/25 Off Market $796,500 -- --
06/23/2025 06/23/25 For Sale $800,000 -- $431 / 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 $11,911 $904,300 $392,000 $512,300
2023 $10,663 $838,500 $350,000 $488,500
2022 $8,271 $753,000 $292,000 $461,000
2021 $8,664 $600,000 $225,000 $375,000
2020 $8,579 $626,000 $280,000 $346,000
2019 $7,904 $603,000 $260,000 $343,000
2018 $5,992 $560,000 $210,000 $350,000
2017 $7,853 $458,000 $180,000 $278,000
2016 $6,362 $455,000 $176,000 $279,000
2015 $5,876 $414,000 $135,000 $279,000
2014 -- $347,000 $81,000 $266,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6735409

NorthstarMLS

APN: 34-117-23-14-0062