NOT LISTED FOR SALE

511 2nd St Unit 4 Excelsior, MN 55331

2 Beds
2.5 Baths
1,968 Sq Ft
$1,479/mo HOA Fee

Last Sold December 27, 2024

Last sale price $1,775,000 $902 Per Sq Ft

79 Days on Market

Highlights

  • New Construction
  • Stainless Steel Appliances
  • 1-Story Property
  • Excelsior Elementary School Rated A+
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Located in the heart of charming downtown Excelsior, Lake House Condominiums offers the epitome of luxury turn-key condo living. Impressive high-end finishes, fixtures, and craftsmanship throughout. Highlights include beautiful wide-plank hardwood floors, Thermador SS appliances, large center island with a waterfall edge, custom cabinetry, custom closet systems, en-suite bedrooms, and designer bath and lighting fixtures. Ideal entertaining spots inside by the wet bar or pass through the 12' accordion doors to the covered balcony with gas fireplace. Enjoy lake views and the ease of walking to all the exciting restaurants, shopping and community events in Excelsior.

Last Agent to Sell the Property

Beth Ulrich

Compass Listed on: 09/18/2024

Compass

Co-Listed By

Mike Steadman

Compass

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,276

HOA Fees

  • $1,479 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Insulated Garage
  • Parking Garage Space

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Association fees include internet, sanitation
  • Association Phone (612) 296-0900
  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 3511723220196

Property Details

Home Type

Condominium

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$1,479 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s)
  • Fee Frequency: Monthly
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1968
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Gas, Living Room
  • Living Area: 1968
  • Basement YN: No

Beds/Baths

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

Garage/Parking

  • Parking Features: Insulated Garage, Parking Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, In Unit
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Internet, Other, Sanitation
  • Phone: 6122960900
  • Association Fee: 1479
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s), Hardwood Floors, Kitchen Center Island, Walk-In Closet

Association/Amenities

  • HOA Management Co: TBD

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3511723220196
  • TaxWithAssessments: 0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $1,775,000 +22115.3% $902 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/18/2024 11/18/24 Off Market $7,990 -- --
10/03/2024 10/03/24 For Rent $7,990 0.0% --
09/18/2024 09/18/24 For Sale $1,895,000 -- $963 / 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 $78,016 $5,396,000 $1,155,000 $4,241,000
2023 $34,019 $2,435,000 $1,155,000 $1,280,000
2022 $9,723 $626,000 $626,000 $0
2021 $14,532 $627,000 $626,000 $1,000
2020 $14,139 $461,000 $460,000 $1,000
2019 $12,749 $435,000 $434,000 $1,000
2018 $8,637 $383,000 $330,000 $53,000
2017 $8,831 $277,000 $235,000 $42,000
2016 $8,320 $256,800 $216,000 $40,800
2015 $8,628 $256,800 $216,000 $40,800
2014 -- $236,800 $196,000 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6604517

NorthstarMLS

APN: 35-117-23-22-0186