OFF MARKET

Off market feb 2015 for $473K

$750,896

Est. refi paymentEst. refi $3,220/mo

•

—

sq ft

427 Lake St, Excelsior, MN 55331

About this home

CondoProperty Type

1968Year Built

1 garage spacesParking

Listed by Todd Jorgensen • Coldwell Banker Realty

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #4551982

Redfin Estimate

$750,896

$278K since sold in February 2015$30K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 86.9% higher than the average sale price ($402K) of 6 comparable homes.

SOLD SEP 29, 2026
$225,000
A
2 beds2 baths— sq ft
18169 Settlers Way, Eden Prairie, MN 55347
SOLD BY REDFIN SEP 30, 2026
$259,000
B
2 beds2 baths— sq ft
17918 Cobblestone Way, Eden Prairie, MN 55347
SOLD AUG 21, 2026
$230,000
C
2 beds2 baths— sq ft
8434 Kimball Dr, Eden Prairie, MN 55347
SOLD JUN 30, 2026
$249,900
D
2 beds2 baths— sq ft
18195 Warbler Ln, Eden Prairie, MN 55346
SOLD AUG 10, 2026
411 Lake St, Excelsior, MN 55331
$1,200,000
E
2 beds1 bath— sq ft
411 Lake St, Excelsior, MN 55331
SOLD MAY 13, 2026
$247,000
F
2 beds2 baths— sq ft
18124 Settlers Way, Eden Prairie, MN 55347

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Earn from this home

Sell

$425,710

Est. take-home

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Refinance

Est. cash available

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Rent

$2,073/mo

Redfin rental estimate

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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

$1,775,000
5 beds5 baths4,817 sq ft
20750 Parkview Ln, Shorewood, MN 55331
$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
$1,100,000
2 beds2 baths1,101 sq ft
423 Lake St, Excelsior, MN 55331
$845,000
3 beds4 baths4,406 sq ft
4905 Regents Walk, Shorewood, MN 55331
$1,549,862
3 beds3 baths3,787 sq ft
3961 White Oak Ln, Excelsior, MN 55331
$579,900
4 beds3 baths2,612 sq ft
542 3rd Ave, Excelsior, MN 55331
3D WALKTHROUGH
$389,000
3 beds2 baths1,452 sq ft
5530 Wedgewood Dr, Shorewood, MN 55331
$1,499,700
2 beds2 baths2,236 sq ft
21957 Minnetonka Blvd #17, Greenwood, MN 55331
$455,000
3 beds2 baths1,760 sq ft
4955 Saint Albans Bay Rd, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 427 Lake St

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #4551982

Feb 3, 2015

Sold

$473,000

Jan 27, 2015

Pending

—

Jan 21, 2015

Contingent

—

Jan 5, 2015

Listed

$499,900

LSAR as distributed by WIREX #2263862

Feb 3, 2015

Sold

$473,000

Jan 5, 2015

Listed

$499,900

+13

RASM #4705101

Feb 3, 2015

Sold

$473,000

Jan 5, 2015

Listed

$499,900

+13

NORTHSTARMLS as Distributed by MLS Grid #4498187

Dec 31, 2014

Listing Removed

—

Aug 20, 2014

Contingent

—

Jun 25, 2014

Listed

$499,900

NORTHSTARMLS as Distributed by MLS Grid #4481001

Jun 9, 2014

Price Changed

$510,000

Jun 9, 2014

Listing Removed

—

May 16, 2014

Listed

$525,000

NORTHSTARMLS as Distributed by MLS Grid #3453403

Oct 24, 2007

Listing Removed

—

Oct 14, 2007

Listed

$434,900

NORTHSTARMLS as Distributed by MLS Grid #3341166

Aug 20, 2007

Listing Removed

—

Mar 12, 2007

Listed

$495,000

NORTHSTARMLS as Distributed by MLS Grid #3275902

Mar 6, 2007

Listing Removed

—

Oct 2, 2006

Listed

$459,000

Public Records

Jan 14, 2005

Sold

$469,900

NORTHSTARMLS as Distributed by MLS Grid #2301691

Sep 17, 2004

Listing Removed

—

Jul 20, 2004

Listed

$449,000

Public Records

Nov 7, 1989

Sold

$120,000

Year

Property tax

Land + Additions

Assessment*

2026

$11,458 (+3.0%)

$671,200 + $193,700

$864,900

2025

$11,122 (+6.8%)

$671,200 + $190,900

$862,100

2024

$10,417 (+6.7%)

$646,000 + $188,700

$834,700

2023

$9,759 (+50.7%)

$589,000 + $182,000

$771,000

2022

$6,475 (+8.0%)

$347,000 + $150,000

$497,000

2021

$5,998 (−0.4%)

$318,000 + $143,000

$461,000

2020

$6,019 (+1.4%)

$309,000 + $139,000

$448,000

2019

$5,937 (+4.7%)

$309,000 + $133,000

$442,000

2018

$5,670 (+16.5%)

$309,000 + $114,000

$423,000

2017

$4,867 (+8.4%)

$280,000 + $109,000

$389,000

2015

$4,488 (+0.6%)

$221,400 + $113,000

$334,400

2014

$4,462 (−5.0%)

$196,000 + $100,000

$296,000

2013

$4,698 (−5.8%)

$214,000 + $105,000

$319,000

2012

$4,986

$247,000 + $108,000

$355,000

Tax history for 427 Lake St

Year

Property tax

Land + Additions

Assessment*

2026

$11,458 (+3.0%)

$671,200 + $193,700

$864,900

2025

$11,122 (+6.8%)

$671,200 + $190,900

$862,100

2024

$10,417 (+6.7%)

$646,000 + $188,700

$834,700

2023

$9,759 (+50.7%)

$589,000 + $182,000

$771,000

2022

$6,475 (+8.0%)

$347,000 + $150,000

$497,000

2021

$5,998 (−0.4%)

$318,000 + $143,000

$461,000

2020

$6,019 (+1.4%)

$309,000 + $139,000

$448,000

2019

$5,937 (+4.7%)

$309,000 + $133,000

$442,000

2018

$5,670 (+16.5%)

$309,000 + $114,000

$423,000

2017

$4,867 (+8.4%)

$280,000 + $109,000

$389,000

2015

$4,488 (+0.6%)

$221,400 + $113,000

$334,400

2014

$4,462 (−5.0%)

$196,000 + $100,000

$296,000

2013

$4,698 (−5.8%)

$214,000 + $105,000

$319,000

2012

$4,986

$247,000 + $108,000

$355,000

*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

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1987

Sq. Ft.

1,092

Year built

1968

Style

Condo/Co-op

County

Hennepin County

APN

34 117 23 11 0100

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2026.

Property details

Parking

Parking Information
Parking Features: Assigned, Carport, Covered
Garage Spaces: 1
Parking Open: 1

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
Description: Upper Level Full Bath

Room 1 Information
Room Dimensions: 5x18
Room Level: Main

Room 2 Information
Room Type: Dining Room

Room 3 Information
Room Type: Family Room

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 12x15
Room Level: Upper

Room 5 Information
Room Type: Bedroom 4

Room 6 Information
Room Type: Kitchen
Room Dimensions: 10x06
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Dimensions: 18x18
Room Level: Main

Room 8 Information
Room Dimensions: 6x14
Room Level: Main

Room 9 Information
Room Type: Bedroom 2
Room Dimensions: 12x13
Room Level: Upper

Room 10 Information
Room Type: Bedroom 3

Basement Information
Basement Features: None

Dining Room Information
Dining Room Features: Living/Dining Room

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, Bedroom 4, Deck, Patio
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Building Information
Construction Materials: Shake Siding
Foundation Area: 600
Roof: Shake

Waterfront Information
On Waterfront
Waterfront Features: Lake Front
Water Body Name: Minnetonka
Waterfront Num: 27013300
Lake Acres: 14,729
Lake Classification: General Development
Lake Depth: 113
Waterfront Slope: Level
Waterfront Elevation: 0-4
Waterfront Feet: 310
Road Between Waterfront And Home Y/N: No

Property Information
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Low Rise
Attached Property
Above Grade Finished Area: 1,200
Amenities: Deck,Dock,Kitchen Window,Natural Woodwork,Other,Patio,In-Ground Sprinkler,Tile Floors

Lot Information
Lot Size Units: Acres
Lot Size Dimensions: 0
Road Frontage Type: City Street, Curbs, Sidewalks

Financial

Tax Information
Tax Annual Amount: $4,463
Tax Year: 2014
Tax With Assessments: $4,463

Lease / Rent Details
RentalLicense Y/N: No

Utilities

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

Location

HOA Information
Association Name: Scott Schipper
Has HOA
Association Fee: $300
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Structure, Dock, Maintenance Grounds, Parking, Trash, Shared Amenities, Lawn Care, Water

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

Location Information
Directions: Hwy 7 to Lake St, follow downtown Excelsior
Map Coordinate: 117-E3

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 1,092
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1968
Year Renovated: 1987
County: Hennepin County
APN: 34 117 23 11 0100

Home facts updated by county records on Oct 17, 2026

Other

Documents & Disclosures
Restrictions: Mandatory Owners Assoc,Other,Pets - Cats Allowed,Pets - Dogs Allowed,Pets - Number Limit,Pets - Weight/Height Limit,Rental Restrictions May Apply

Home Information
Living Area: 1200

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 0.4mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.5mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 2.7mi

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

$714,000 – $864,000

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Home values near 427 Lake St

Data from public records.

Address	Redfin Estimate
415 Lake Street, Excelsior, MN 2 Beds \| 1.5 Baths \| 1050 Sq. Ft.	$933,075
411 Lake Street, Excelsior, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$1,145,296

Address	Redfin Estimate
431 Lake Street, Excelsior, MN 1 Beds \| 1 Baths \| - Sq. Ft.	$904,754
454 Lake Street, Excelsior, MN 3 Beds \| 2 Baths \| 1807 Sq. Ft.	—

Address	Redfin Estimate
419 Lake Street, Excelsior, MN 1 Beds \| 1 Baths \| 1050 Sq. Ft.	$865,071
439 Lake Street, Excelsior, MN 1 Beds \| 1 Baths \| 910 Sq. Ft.	$730,069

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2015. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 427 Lake St

Tax history for 427 Lake 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 427 Lake St

More real estate resources