516 Grace St Excelsior, MN 55331
Estimated payment $4,964/month
Highlights
- Hot Property
- Lake Front
- Deck
- Excelsior Elementary School Rated A+
- Heated Floors
- No HOA
About This Home
Main floor living in Excelsior with private water views! Fully remodeled to the studs in 2020/2021 and re-crafted with a nod to its midcentury heritage while adding all the necessary spaces and amenities for today's living. Open Kitchen with large island and a built in bistro bench offers fabulous views of the lake and graciously welcomes the the sunlight thru its large lakeside windows. 2 bedrooms & 2 bathrooms on main including a true primary suite boasting; dual sinks, large shower, walk in closet and a screen porch. A 2nd large bedroom on main offers flexible space for lakeside bedroom/office/den with a 2nd full bath & laundry rounding out the main level. In the full walk out lower level you'll find 2 bedrooms and refreshed 3/4 bath giving room for guests who will all want to visit your new home in Excelsior - as well as a family room and a flex/exercise room! New deck and circle concrete driveway as well as all new windows, roof, gutters, siding & landscaping make this a truly turn key offering all an easy walk into the Village and all it has to offer. The perfect size with thoughtful layout and touches - this home punches above it's weight with spaces, finishes and location.
Open House Schedule
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Saturday, March 07, 202611:00 am to 1:00 pm3/7/2026 11:00:00 AM +00:003/7/2026 1:00:00 PM +00:00Add to Calendar
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Sunday, March 08, 202611:00 am to 1:00 pm3/8/2026 11:00:00 AM +00:003/8/2026 1:00:00 PM +00:00NEW LISTING - A unicorn in Excelsior. Right sized main floor living - fully remodeled from head to toe with private Lake Galpin Views. Come take a peek!Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,073
Year Built
- Built in 1957
Lot Details
- Lot Dimensions are 81 x 201
- Lake Front
- Cul-De-Sac
- Street terminates at a dead end
- Few Trees
Parking
- 1 Car Attached Garage
- Insulated Garage
Home Design
- Block Exterior
Interior Spaces
- 1-Story Property
- Lower Floor Utility Room
- Heated Floors
- Lake Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- ENERGY STAR Qualified Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in Hall
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Window Egress
Outdoor Features
- Deck
- Screened Patio
- Rear Porch
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- 200+ Amp Service
Community Details
- No Home Owners Association
- Zims Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3511723320027
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,329 | $577,400 | $221,700 | $355,700 |
| 2023 | $6,382 | $522,400 | $211,100 | $311,300 |
| 2022 | $4,938 | $533,000 | $211,000 | $322,000 |
| 2021 | $4,456 | $379,000 | $211,000 | $168,000 |
| 2020 | $4,516 | $347,000 | $180,000 | $167,000 |
| 2019 | $4,515 | $341,000 | $180,000 | $161,000 |
| 2018 | $4,431 | $341,000 | $180,000 | $161,000 |
| 2017 | $4,313 | $322,000 | $180,000 | $142,000 |
| 2016 | $4,411 | $322,000 | $180,000 | $142,000 |
| 2015 | $4,474 | $322,000 | $180,000 | $142,000 |
| 2014 | -- | $272,000 | $148,000 | $124,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $850,000 | -- | $330 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | Edina Realty Title Inc |
Source: NorthstarMLS
MLS Number: 7021243
APN: 35-117-23-32-0027
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Ask me questions while you tour the home.