OFF MARKET

Off market apr 2023 for $810K

$1,036,206

Est. refi paymentEst. refi $3,625/mo

•

—

sq ft

197 3rd St, Excelsior, MN 55331

About this home

Incredibly charming & updated Excelsior home in an amazing location. Situated on a timeless, quiet street and just steps from all the action. No matter the season, this location provides access to the highly sought-after Lake Minnetonka lifestyle. The main floor features beautiful hardwood floors, an updated kitchen, full bath, spacious primary bedroom & second bedroom across the hall. Upstairs you will find the third bedroom & a functional loft space. The large rooms & ceiling height in the walkout lower level will surprise you! Don't miss the paver patio & fully fenced backyard which are accessible from the walkout level or via the conveniently located side BBQ deck. Updated roof & mechanicals. This home is move-in ready and waiting for you to become part of the most vibrant community on the lake!

Single-familyProperty Type

1935Year Built

5,662 sq ftLot Size

2 car garageParking

Listed by Charles Ryan Cole • Keller Williams Premier Realty Lake Minnetonka

Redfin checked: a few seconds ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6326489

Redfin Estimate

$1,036,206

$226K since sold in April 2023$14K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.7% higher than the average sale price ($903K) of 5 comparable homes.

SOLD OCT 2, 2026
$565,000
A
3 beds2 baths— sq ft
20860 Excelsior Blvd, Greenwood, MN 55331
SOLD MAY 6, 2026
$410,000
B
3 beds2 baths— sq ft
400 Mill St, Excelsior, MN 55331
SOLD OCT 13, 2026
$1,725,000
C
2 beds2 baths— sq ft
5525 Timber Ln, Shorewood, MN 55331
SOLD AUG 31, 2026
$366,000
D
3 beds3 baths— sq ft
609 Mill St, Excelsior, MN 55331
SOLD AUG 28, 2026
$1,450,000
E
3 beds2 baths— sq ft
5510 Maple Heights Rd, Greenwood, MN 55331

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Earn from this home

Sell

$370,643

Est. take-home

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Refinance

Est. cash available

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Rent

$3,886/mo

Redfin rental estimate

List your home for rent

Market trends in 55331, MN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

0.6% MoM

Median sale price

$855K

$28K MoM

Avg. days on market

29d

7 days MoM

Recently sold homes

112

8 MoM

New listings for sale

OPEN TODAY, 11AM TO 1PM
$3,795,000
5 beds4 baths3,973 sq ft
27930 Smithtown Rd, Shorewood, MN 55331
COMING SOON
$875,000
4 beds4 baths1,928 sq ft
6201 Murray Hill Rd, Excelsior, MN 55331
OPEN TODAY, 11AM TO 1PM
$1,100,000
3 beds3 baths3,711 sq ft
5960 Ayrshire Ln, Shorewood, MN 55331
$1,474,900
4 beds4 baths4,622 sq ft
3941 White Oak Ln, Excelsior, MN 55331
$1,100,000
6 beds4 baths4,335 sq ft
4160 Lakeridge Rd, Excelsior, MN 55331
$399,900
3 beds2 baths1,611 sq ft
20552 Excelsior Blvd Unit -, Shorewood, MN 55331
$425,000
3 beds3 baths1,667 sq ft
4775 Switchgrass Ln, Minnetrista, MN 55331
$565,000
4 beds2 baths1,873 sq ft
500 William St, Excelsior, MN 55331
OPEN SAT, 11AM TO 12:30PM
$2,250,000
3 beds4 baths2,401 sq ft
5125 West St, Greenwood, MN 55331
$1,299,900
4 beds4 baths4,088 sq ft
5915 Sweetwater Cir, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 197 3rd St

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6326489

Apr 6, 2023

Sold

$810,000

Feb 17, 2023

Pending

—

Feb 9, 2023

Listed

$825,000

Feb 7, 2023

Coming Soon

$825,000

Public Records

Aug 22, 2005

Sold

$470,000

NORTHSTARMLS as Distributed by MLS Grid #3046121

Jul 7, 2005

Listing Removed

—

Jun 8, 2005

Listed

$479,900

Public Records

Aug 19, 2003

Sold

$275,000

Public Records

Jun 1, 1986

Sold

$86,900

Public Records

May 1, 1984

Sold

$80,000

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2026

$12,701 (+22.2%)

$589,500 + $349,600

$939,100

2025

$10,392 (+0.9%)

$486,000 + $313,200

$799,200

2024

$10,300 (+11.9%)

$486,000 + $327,800

$813,800

2023

$9,203 (−2.4%)

$405,000 + $314,000

$719,000

2022

$9,426 (+3.5%)

$405,000 + $271,000

$676,000

2021

$9,105 (+3.7%)

$392,000 + $264,000

$656,000

2020

$8,779 (−0.6%)

$365,000 + $252,000

$617,000

2019

$8,830 (+3.6%)

$365,000 + $255,000

$620,000

2018

$8,526 (+24.4%)

$365,000 + $236,000

$601,000

2017

$6,856 (+7.6%)

$257,000 + $229,000

$486,000

2015

$6,371 (+21.1%)

$218,000 + $215,000

$433,000

2014

$5,259 (+3.1%)

2013

$5,100

2012

$5,101

Tax history for 197 3rd St

Year

Property tax

Land + Additions

Assessment*

2026

$12,701 (+22.2%)

$589,500 + $349,600

$939,100

2025

$10,392 (+0.9%)

$486,000 + $313,200

$799,200

2024

$10,300 (+11.9%)

$486,000 + $327,800

$813,800

2023

$9,203 (−2.4%)

$405,000 + $314,000

$719,000

2022

$9,426 (+3.5%)

$405,000 + $271,000

$676,000

2021

$9,105 (+3.7%)

$392,000 + $264,000

$656,000

2020

$8,779 (−0.6%)

$365,000 + $252,000

$617,000

2019

$8,830 (+3.6%)

$365,000 + $255,000

$620,000

2018

$8,526 (+24.4%)

$365,000 + $236,000

$601,000

2017

$6,856 (+7.6%)

$257,000 + $229,000

$486,000

2015

$6,371 (+21.1%)

$218,000 + $215,000

$433,000

2014

$5,259 (+3.1%)

2013

$5,100

2012

$5,101

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

1.5

Stories

1.25

Lot width

58 ft.

Lot depth

100 ft.

Lot size

5,663 Sq. Ft.

Year renovated

1995

Sq. Ft.

2,054

Year built

1935

Style

Single Family Residential

County

Hennepin County

APN

34 117 23 12 0011

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage
Garage Spaces: 2
Garage Dimensions: 22x28
Garage Sq. Ft.: 616
Carport Spaces: 0

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
Description: 3/4 Basement,Main Floor Full Bath

Room 1 Information
Room Type: Living Room
Room Dimensions: 13x18
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 9x8
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Dimensions: 19x15
Room Level: Lower

Room 4 Information
Room Type: Kitchen
Room Dimensions: 16x9
Room Level: Main

Room 5 Information
Room Type: Bedroom 1
Room Dimensions: 17x11
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 12x11
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 10x17
Room Level: Upper

Room 8 Information
Room Type: Family Room
Room Dimensions: 17x22
Room Level: Lower

Room 9 Information
Room Type: Workshop
Room Dimensions: 10x20
Room Level: Lower

Room 10 Information
Room Dimensions: 20x16
Room Level: Lower

Room 11 Information
Room Dimensions: 15x15
Room Level: Main

Room 12 Information
Room Type: Loft
Room Dimensions: 10x12
Room Level: Upper

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout

Dining Room Information
Dining Room Features: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Separate/Formal Dining Room

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Family Room, Gas, Living Room, Stone, Wood Burning

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Work Room, Patio, Deck, Loft
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Exterior

Building Information
Construction Materials: Cedar, Wood Siding
Foundation Area: 1,176

Exterior Features
Patio Porch Type: Deck,Patio,Side Porch
Fencing: Full, Wood

Property Information
Total Sq. Ft.: 2,642
Above Ground Total Sq. Ft.: 1,466
Below Ground Total Sq. Ft.: 1,176
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,466
Below Grade Finished Area: 739
Amenities: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Sun Room,Tile Floors

Lot Information
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Dimensions: 58x100
Road Frontage Type: City Street

Financial

Assessment Information
Other Annual Assessment Amount: $9,426

Tax Information
Tax Annual Amount: $9,426
Tax Year: 2022
Tax With Assessments: $9,426

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Electric: Circuit Breakers
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

Multi-Unit Information
Second Unit: Easily Divided

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 952-401-5000

Location Information
Directions: Hwy 7 W to Cty Rd 19 N to Water St right to 3rd St L to home on right
Map Coordinate: 117-E3

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 2,054
Stories: 1.25
Lot Size: 5,663 square feet
Style: Single Family Residential
Year Built: 1935
Year Renovated: 1995
County: Hennepin County
APN: 34 117 23 12 0011

Home facts updated by county records on Oct 17, 2026

Other

Home Information
Living Area: 2205
Main Level Finished Area: 1176.0000
Age Of Property: 89
Levels: One and One Half

Around this home

Schools

K - 12
Preschool & daycare

Excelsior Elementary School

Public K-5 • Assigned • 0.3mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.3mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 3.0mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Excelsior, MN • 55331

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$985,000 – $1.19M

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Nearby similar homes

OPEN TODAY, 11AM TO 1PM

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New listings for sale in 55331

OPEN TODAY, 11AM TO 1PM

$3,795,000

5 beds4 baths3,973 sq ft

27930 Smithtown Rd, Shorewood, MN 55331

Lakeshore home • West-facing • Minnetonka schools

COMING SOON

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6201 Murray Hill Rd, Excelsior, MN 55331

1 acre lot • Updated kitchen • New gas fireplace

OPEN TODAY, 11AM TO 1PM

$1,100,000

3 beds3 baths3,711 sq ft

5960 Ayrshire Ln, Shorewood, MN 55331

Gourmet kitchen • Walk-in pantry • Covered patio

$1,474,900

4 beds4 baths4,622 sq ft

3941 White Oak Ln, Excelsior, MN 55331

0.63 acre lot • 3 garage spots • Built 2026

$1,100,000

6 beds4 baths4,335 sq ft

4160 Lakeridge Rd, Excelsior, MN 55331

Outdoor heated pool • Sport court • Flat playable yard

$399,900

3 beds2 baths1,611 sq ft

20552 Excelsior Blvd Unit -, Shorewood, MN 55331

Wooded backyard • Minnetonka schools • 2 garage spots

$425,000

3 beds3 baths1,667 sq ft

4775 Switchgrass Ln, Minnetrista, MN 55331

End-unit townhome • Open-concept design • Subway tile

$565,000

4 beds2 baths1,873 sq ft

500 William St, Excelsior, MN 55331

Updated kitchen • Privacy fencing • Finished lower level

OPEN SAT, 11AM TO 12:30PM

$2,250,000

3 beds4 baths2,401 sq ft

5125 West St, Greenwood, MN 55331

Shiplap ceiling • 6,969 sq ft lot • 2 garage spots

Home values near 197 3rd St

Data from public records.

Address	Redfin Estimate
200 3rd Street, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,599,872
215 3rd Street, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,169,232
175 3rd Street, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,210,672
199 3rd Street, Excelsior, MN 1 Beds \| 2 Baths \| - Sq. Ft.	$556,894
191 3rd Street, Excelsior, MN 4 Beds \| 2.5 Baths \| 2158 Sq. Ft.	$812,653
236 Courtland Street, Excelsior, MN 2 Beds \| 2 Baths \| 1296 Sq. Ft.	$632,494
164 Bell Street, Excelsior, MN 2 Beds \| 2 Baths \| 2765 Sq. Ft.	$872,234

Address	Redfin Estimate
190 3rd Street, Excelsior, MN 3 Beds \| 3 Baths \| 2445 Sq. Ft.	$1,422,107
221 3rd Street, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,278,280
194 3rd Street, Excelsior, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$926,869
193 3rd Street, Excelsior, MN 4 Beds \| 2 Baths \| 1927 Sq. Ft.	$759,552
224 3rd Street, Excelsior, MN 3 Beds \| 4 Baths \| - Sq. Ft.	$996,465
180 Bell Street, Excelsior, MN 5 Beds \| 5 Baths \| - Sq. Ft.	$1,688,634
214 Bell Street, Excelsior, MN 3 Beds \| 1 Baths \| - Sq. Ft.	$663,914

Address	Redfin Estimate
198 3rd Street, Excelsior, MN 2 Beds \| 3.5 Baths \| 1532 Sq. Ft.	$986,247
216 3rd Street, Excelsior, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$886,675
205 3rd Street, Excelsior, MN 2 Beds \| 2 Baths \| 1584 Sq. Ft.	$780,987
181 3rd Street, Excelsior, MN 2 Beds \| 1 Baths \| 720 Sq. Ft.	$443,782
209 Bell Street, Excelsior, MN 3 Beds \| 2 Baths \| 1976 Sq. Ft.	$727,229
160 Bell Street, Excelsior, MN 3 Beds \| 1.5 Baths \| 1758 Sq. Ft.	$697,825
200 Bell Street, Excelsior, MN 4 Beds \| 3.5 Baths \| 3382 Sq. Ft.	$679,246

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 197 3rd St

Tax history for 197 3rd St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55331

Home values near 197 3rd St

More real estate resources