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Coming soon 08/21
  • $599,900

    111 1st St, Excelsior, MN 55331

    3beds
    2,316sqft
    : 
    $3,729/mo
    Get pre-qualified
    Single Family
    Built in 1915
    2,613 Square Feet Lot
    $536,800 Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities. Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. Bring your builder, your vision, and create something exceptional in Excelsior.
    16 hours
    |
    465
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher J Dennis 612-229-9322,

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7122163MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • None
      Cooling
      • None
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,316
      • Total interior livable area: 2,316 sqft
      • Finished area above ground: 0
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, Asphalt, Driveway - Other Surface
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 75 x 36 x 75 x 36
      Details
      • Foundation area: 733
      • Parcel number: 2711723430002
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Frame
      • Roof: Asphalt,Pitched
      Condition
      • New construction: No
      • Year built: 1915

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer - In Street
      • Water: City Water - In Street

      Community & HOA

      Community
      • Subdivision: Auditors Sub 135
      HOA
      • Has HOA: No
      Location
      • Region: Excelsior

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $459,500
      • Annual tax amount: $5,631
      • Date on market: 8/17/2026
      • Road surface type: Paved

        Estimated market value

        $536,800

        $488,000 - $590,000

        $3,108/mo

        Price history

        DateEventPrice
        10/26/2021Sold$455,000+1.1%$196/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6109174 Report a problem
        10/14/2021Pending sale$449,900$194/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6109174 Report a problem
        10/9/2021Listed for sale$449,900+36.7%$194/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6109174 Report a problem
        12/13/2019Sold$329,000$142/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5319831 Report a problem
        11/20/2019Pending sale$329,000$142/sqft
        Source: Coldwell Banker Burnet - Wayzata #5319831 Report a problem
        11/18/2019Listed for sale$329,000+41.6%$142/sqft
        Source: Coldwell Banker Burnet #5319831 Report a problem
        8/8/2003Sold$232,300+16.2%$100/sqft
        Source: Public Record Report a problem
        8/20/2002Sold$200,000$86/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,363 +18.5%$459,500 +2.3%
        2024$4,528 +20.6%$449,000 -0.9%
        2023$3,755 -28%$453,200 +43.4%
        2022$5,212 +7%$316,000 -21%
        2021$4,873 -3.8%$400,000 +6.1%
        2020$5,065 +3.9%$377,000 +2.4%
        2019$4,873 -3.8%$368,000 +7.9%
        2018$5,065 +7.3%$341,000 +11.8%
        2017$4,718 +11.2%$305,000 +4.8%
        2016$4,242 +2.7%$291,000 +7.8%
        2015$4,131 +6.7%$270,000 +31.7%
        2014$3,871 +31.7%$205,000 +1.5%
        2013$2,939 -6.6%$202,000 -9.8%
        2012$3,148 -4.1%$224,000 -5.9%
        2011$3,284 +8.4%$238,000 -8.5%
        2010$3,030 +4.1%$260,000 -1.9%
        2009$2,910 +8.4%$265,000 +15%
        2006$2,684 +11%$230,400 +15%
        2005$2,418 +10.9%$200,400 +15%
        2004$2,179 +10.4%$174,300 +17.1%
        2002$1,974 -39.2%$148,900
        2001$3,247 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55331

        Getting around

        59 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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