531 Division St is a 2,400 square foot house on a 1.07 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Excelsior data, we estimate the home's value is $551,173.
Single-familyProperty Type
1987Year Built
1.07 acresLot Size
$230Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$551,173
$12K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 28.2% lower than the average sale price ($768K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$6,391 (+0.8%)
$214,500 + $303,600
$518,100
2025
$6,342 (+11.3%)
$224,400 + $301,600
$526,000
2024
$5,698 (+5.2%)
$187,000 + $303,800
$490,800
2023
$5,418 (+4.8%)
$172,000 + $284,000
$456,000
2022
$5,172 (+2.9%)
2021
$5,026 (+4.3%)
2020
$4,817 (+2.8%)
2019
$4,687 (+6.8%)
2018
$4,388 (−1.9%)
2017
$4,474 (+6.1%)
2015
$4,216 (+28.6%)
2014
$3,279 (−1.9%)
2013
$3,343 (−4.2%)
2012
$3,489
Tax history for 531 Division St
Year
Property tax
Land + Additions
Assessment*
2026
$6,391 (+0.8%)
$214,500 + $303,600
$518,100
2025
$6,342 (+11.3%)
$224,400 + $301,600
$526,000
2024
$5,698 (+5.2%)
$187,000 + $303,800
$490,800
2023
$5,418 (+4.8%)
$172,000 + $284,000
$456,000
2022
$5,172 (+2.9%)
2021
$5,026 (+4.3%)
2020
$4,817 (+2.8%)
2019
$4,687 (+6.8%)
2018
$4,388 (−1.9%)
2017
$4,474 (+6.1%)
2015
$4,216 (+28.6%)
2014
$3,279 (−1.9%)
2013
$3,343 (−4.2%)
2012
$3,489
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Forced Air
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Good
Foundation Type: Concrete Block
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable
Property Information
Subdivision Name: AUDITORS SUB 120
Living Sq. Ft: 2,400
Gross Sq. Ft: 2,400
Adjusted Gross Sq. Ft: 2,352
Ground Floor Sq. Ft: 1,584
Building Sq. Ft: 2,400
# of Stories: 2
Stories Type: 2
Legal Description: LOT 083 AUDITOR'S SUBD. NO. 120 THAT PART OF LOT 83 DESC AS FOL BEG AT THE SE COR OF SAID LOT 83 TH WLY ALONG THE S LINE OF SAID LOT 83 225.76 FT TH NLY PERPENDICULAR TO THE S LINE THOF 56 FT TH WLY TO A PT ON THE W LINE OF SAID LOT 83 DIS 61.55 FT N LY OF THE SW COR THOF TH NWLY ALONG THE WLY LINE OF SAID LOT 83 TO INTERSECT WITH A LINE DRAWN PAR WITH AND 136.4 FT NLY OF THE S LINE OF SAID LOT 83 TH ELY ALONG SAID PAR LINE TO THE E LINE OF SAID LOT 83 TH SLY ALONG SAID E LINE TO BEG
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 676
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 46,609
Legal Lot Number: 83
Municipality Name: EXCELSIOR
Acres: 1.07
County Use Description: RESIDENTIAL (NEC)
Location Information
Parcel Location Influence: Lake
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,400
Stories: 2.0
Lot Size: 1.07 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: 1988
County: Hennepin County
APN: 35 117 23 24 0038
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Excelsior Elementary School
Public K-5 • Assigned • 0.6mi
10/10
Minnetonka West Middle School
Public 6-8 • Assigned • 1.5mi
9/10
Minnetonka Senior High School
Public 9-12 • Assigned • 2.3mi
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 99° 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)
22
6
30
13
48
28
57
38
70
50
79
61
83
66
78
63
77
59
64
47
44
31
29
14
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
$524,000 – $634,000
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