542 3rd Ave Excelsior, MN 55331
Excelsior AreaEstimated payment $3,921/month
Highlights
- Main Floor Primary Bedroom
- 2 Fireplaces
- Patio
- Excelsior Elementary School Rated A+
- No HOA
- Forced Air Heating and Cooling System
About This Home
Prime Excelsior location—walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails.
This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office.
Separate climate controlled studio/office ideal for remote work, fitness, or creative use.
Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard.
Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation.
Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring.
Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,602
Year Built
- Built in 1948
Home Design
- Block Foundation
- Frame Construction
- Cedar Siding
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Brick Fireplace
- Dining Room
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Block Basement Construction
- Laundry in Basement
Additional Features
- Patio
- Lot Dimensions are 128x91x129x86
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Jones & Galpins Add & Sub Galpins Subdivision
Listing and Financial Details
- Assessor Parcel Number 3511723230046
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,602 | $457,200 | $173,400 | $283,800 |
| 2024 | $5,388 | $451,100 | $173,400 | $277,700 |
| 2023 | $4,935 | $425,100 | $144,500 | $280,600 |
| 2022 | $4,469 | $390,000 | $122,000 | $268,000 |
| 2021 | $4,320 | $343,000 | $122,000 | $221,000 |
| 2020 | $4,326 | $332,000 | $117,000 | $215,000 |
| 2019 | $4,258 | $322,000 | $117,000 | $205,000 |
| 2018 | $3,968 | $317,000 | $117,000 | $200,000 |
| 2017 | $3,854 | $282,000 | $108,000 | $174,000 |
| 2016 | $3,761 | $269,000 | $110,000 | $159,000 |
| 2015 | $3,449 | $243,000 | $87,000 | $156,000 |
| 2014 | -- | $195,000 | $61,000 | $134,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $629,000 | -- | $241 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $155,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $113,200 | New Conventional | |
| Closed | $150,000 | New Conventional | |
| Previous Owner | $94,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 7123402
APN: 35-117-23-23-0046
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Ask me questions while you tour the home.