Charming cottage-style home in downtown Excelsior offers an amazing opportunity to enjoy the best of lakeside living. Newer windows provide light and bright spaces throughout, this home features an updated kitchen with granite countertops, a stylish backsplash, and stainless-steel appliances, beadboard ceiling, recessed and pendent lighting. The lower level provides ample storage space. Enjoy it as-is or take advantage of the spacious lot to build your dream home in this desirable location. This cottage has been lovingly cared for by the same family for four generations and is ready for its new owner! Don't miss out on this rare find just steps from all that Excelsior has to offer!
Closed
$635,000
161 3rd St, Excelsior, MN 55331
2beds
825sqft
Single Family
Built in 1929
8,712 Square Feet Lot
$2,129,500 Zestimate®
$770/sqft
$4,678 Estimated rent
Home value
$2,129,500
$2.02M - $2.24M
$4,678/mo
Zestimate® history
Owner options
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$4,031/mo
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$4,031/mo
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Zillow last checked:
Listing updated:
Listed by:
Jennifer L Morris 952-937-8600,
Edina Realty, Inc.,
Andrew Baer 612-296-2999
Bought with:
Sarah E Polovitz
Compass
Al Anderson
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6671271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Bedroom 2
- Level: Main
- Area: 128 Square Feet
- Dimensions: 16x8
Other
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11x7
Kitchen
- Level: Main
- Area: 126 Square Feet
- Dimensions: 7x18
Living room
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Basement
Features
- Basement: Block,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,554
- Total interior livable area: 825 sqft
- Finished area above ground: 825
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,712 Square Feet
- Dimensions: 88 x 100
- Features: Tree Coverage - Medium
Details
- Foundation area: 829
- Parcel number: 3411723120015
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Auditors Sub 135
HOA
- Has HOA: No
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $770/sqft
- Tax assessed value: $743,800
- Annual tax amount: $9,201
- Date on market: 3/18/2025
- Cumulative days on market: 98 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listing removed | $2,200,000$2,667/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6804337 Report a problem | ||
| 10/15/2025 | Listed for sale | $2,200,000+246.5%$2,667/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6804337 Report a problem | ||
| 7/8/2025 | Sold | $635,000-2.3%$770/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6671271 Report a problem | ||
| 6/24/2025 | Pending sale | $650,000$788/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6671271 Report a problem | ||
| 3/18/2025 | Listed for sale | $650,000$788/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6671271 Report a problem | ||
| 10/16/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/25/2023 | Listed for rent | $1,700+31.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/27/2018 | Listing removed | $1,295$2/sqft |
Source: Molitor & Associates, Inc. - EQUAL HOUSING OPPORTUNITY Report a problem | ||
| 4/2/2018 | Listed for rent | $1,295+8.4%$2/sqft |
Source: Molitor & Associates, Inc. - EQUAL HOUSING OPPORTUNITY Report a problem | ||
| 11/13/2014 | Listing removed | $1,195$1/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 10/15/2014 | Price change | $1,195-7%$1/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 7/22/2014 | Listed for rent | $1,285+2.8%$2/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 8/28/2012 | Listing removed | $1,250$2/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 8/17/2012 | Listed for rent | $1,250+8.7%$2/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 3/23/2012 | Listing removed | $1,150$1/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 2/22/2012 | Listed for rent | $1,150$1/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 12/11/2011 | Listing removed | $1,150$1/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
| 11/11/2011 | Listed for rent | $1,150$1/sqft |
Source: Molitor & Associates, Inc. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,201 +21% | $743,800 +2.3% |
| 2024 | $7,606 +17.2% | $727,000 +15.3% |
| 2023 | $6,491 -7.2% | $630,700 +17% |
| 2022 | $6,996 +4.3% | $539,000 +1.5% |
| 2021 | $6,707 +1.9% | $531,000 +3.5% |
| 2020 | $6,584 -1.8% | $513,000 +4.7% |
| 2019 | $6,707 +1.9% | $490,000 +6.1% |
| 2018 | $6,584 +6.1% | $462,000 +20% |
| 2017 | $6,206 +17.9% | $385,000 +5.5% |
| 2016 | $5,262 +3.1% | $365,000 +10.3% |
| 2015 | $5,103 +8.6% | $331,000 +35.7% |
| 2014 | $4,698 +36.9% | $244,000 +4.7% |
| 2013 | $3,431 +3.3% | $233,000 -6.4% |
| 2012 | $3,323 -4.7% | $249,000 -6.7% |
| 2011 | $3,488 +3.9% | $267,000 -6.3% |
| 2010 | $3,357 +3.5% | $285,000 -2.4% |
| 2009 | $3,244 +35.2% | $292,000 +39.7% |
| 2006 | $2,400 +11.2% | $209,000 +15% |
| 2005 | $2,158 +11.1% | $181,800 +15% |
| 2004 | $1,942 +4.9% | $158,100 +12% |
| 2002 | $1,852 -38.9% | $141,200 |
| 2001 | $3,030 | -- |
Find assessor info on the county website
Neighborhood: 55331
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Nearby schools
GreatSchools rating
- 10/10Excelsior Elementary SchoolGrades: K-5Distance: 0.4 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$2,129,500
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Estimated market value
$2,129,500
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 161 3rd St
Nearby cities
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