OFF MARKET

Off market jun 2020 for $359K

—

Est. refi paymentEst. refi $1,518/mo

•

—

sq ft

700 3rd Ave, Excelsior, MN 55331

About this home

***Multiple offers received-offers due by 3/30 3:30pm***Designer Duplex with walkability to historic Excelsior & Lake Minnetonka. Charming units with up-down setup. Main level unit is a 2 Bed/1 Bath, Lower level unit is a 1 Bed/1 Bath. Great opportunity for rental income or to owner occupy. Both tenants are on month to month leases, however they are willing to sign long term leases or move out with notice upon sale of property.

Multi-familyProperty Type

1920Year Built

6,098 sq ftLot Size

Listed by Jack Bennett • Lakes Area Realty

Redfin checked: a few seconds ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5544735

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 55331, MN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

0.4% MoM

Median sale price

$883K

$58K MoM

Avg. days on market

22d

0 days MoM

Recently sold homes

120

5 MoM

New listings for sale

OPEN TODAY, 4PM TO 5:30PM
$599,000
4 beds2 baths1,873 sq ft
500 William St, Excelsior, MN 55331
NEW 18 HRS AGO
$574,900
6 beds4 baths2,230 sq ft
5570 & 5580 Shorewood Ln, Shorewood, MN 55331
COMING SOON
$499,900
3 beds3 baths2,319 sq ft
5905 Country Club Rd, Shorewood, MN 55331
$865,000
3 beds3 baths3,312 sq ft
4890 Regents Walk, Shorewood, MN 55331
LISTED BY REDFIN
$724,900
5 beds4 baths3,755 sq ft
25745 Wild Rose Ln, Shorewood, MN 55331
$475,000
3 beds3 baths1,880 sq ft
5200 Greenwood Cir, Greenwood, MN 55331
$2,950,000
5 beds5 baths3,769 sq ft
21210 Excelsior Blvd, Greenwood, MN 55331
3D WALKTHROUGH
$995,000
4 beds3 baths3,610 sq ft
5735 Grant Lorenz Rd, Shorewood, MN 55331
3D WALKTHROUGH
$2,775,000
5 beds6 baths4,212 sq ft
4215 Halsteads Bay Ln, Minnetrista, MN 55331
OPEN SAT, 1:30PM TO 3PM
$650,000
3 beds2 baths1,385 sq ft
26270 Smithtown Rd, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 700 3rd Ave

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #5544735

Jun 1, 2020

Sold

$359,000

May 4, 2020

Pending

—

Apr 10, 2020

Listing Removed

—

Mar 30, 2020

Contingent

—

Mar 30, 2020

Listing Removed

—

Mar 30, 2020

Pending

—

Mar 30, 2020

Listed

$349,900

Mar 27, 2020

Coming Soon

$349,900

NORTHSTARMLS as Distributed by MLS Grid #4871100

Sep 29, 2017

Sold

$215,000

Sep 18, 2017

Pending

—

Sep 6, 2017

Contingent

—

Aug 31, 2017

Listed

$225,000

+15

Public Records

Aug 13, 2014

Sold

$155,000

NORTHSTARMLS as Distributed by MLS Grid #3915915

Jul 23, 2010

Listing Removed

—

Apr 22, 2010

Listed

$164,900

NORTHSTARMLS as Distributed by MLS Grid #79719

Sep 9, 1993

Listing Removed

—

Jul 9, 1993

Listed

$59,500

Year

Property tax

Land + Additions

Assessment*

2026

$5,007 (+4.5%)

2025

$4,790 (+6.2%)

2024

$4,509 (+2.8%)

2023

$4,387 (+2.5%)

2022

$4,280 (+25.9%)

2021

$3,401 (−12.6%)

2020

$3,891 (+3.9%)

$110,000 + $134,000

$244,000

2019

$3,746 (+121.4%)

$110,000 + $125,000

$235,000

2018

$1,692 (−1.8%)

2017

$1,724 (+49.4%)

2015

$1,154 (−16.8%)

2014

$1,387 (−1.9%)

$50,000 + $42,000

$92,000

2013

$1,414 (−2.3%)

$50,000 + $46,000

$96,000

2012

$1,447

$53,000 + $50,000

$103,000

Tax history for 700 3rd Ave

Year

Property tax

Land + Additions

Assessment*

2026

$5,007 (+4.5%)

2025

$4,790 (+6.2%)

2024

$4,509 (+2.8%)

2023

$4,387 (+2.5%)

2022

$4,280 (+25.9%)

2021

$3,401 (−12.6%)

2020

$3,891 (+3.9%)

$110,000 + $134,000

$244,000

2019

$3,746 (+121.4%)

$110,000 + $125,000

$235,000

2018

$1,692 (−1.8%)

2017

$1,724 (+49.4%)

2015

$1,154 (−16.8%)

2014

$1,387 (−1.9%)

$50,000 + $42,000

$92,000

2013

$1,414 (−2.3%)

$50,000 + $46,000

$96,000

2012

$1,447

$53,000 + $50,000

$103,000

*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

Stories

Lot width

59 ft.

Lot depth

87 ft.

Lot size

5,663 Sq. Ft.

Year renovated

2000

Sq. Ft.

1,123

Year built

1920

Style

Other

County

Hennepin County

APN

35 117 23 23 0047

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking Information
Parking Features: Gravel

Interior

Basement Information
Basement Features: Egress Window(s), Finished, Single Tenant Access, Walkout

Heating & Cooling
Heating Information: Forced Air

Exterior

Building Information
Construction Materials: Wood Siding
Foundation Area: 704
Roof: Asphalt

Property Information
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Duplex Up and Down
Above Grade Finished Area: 704
Below Grade Finished Area: 624

Lot Information
Lot Features: Corner Lot
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Dimensions: N 59X87X63X92
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $3,746
Tax Year: 2019
Tax With Assessments: $3,746

Lease / Rent Details
RentalLicense Y/N: No

Utilities

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

Location

Multi-Family Financial Information
Gross Income: $33,000

Multi-Unit Information
# of Units (Total): 2

Unit Type 1 Information
Sq. Ft.: 704
# of Rooms Total: 5
Room Spec: All Living Fac. on One Level, Main Floor Bedroom, Main Floor Laundry
# of Bedrooms: 2
# of Bathrooms: 1
# of Full Bathrooms: 1
# of Units: 1

Unit Type 2 Information
Sq. Ft.: 624
# of Rooms Total: 4
Room Spec: All Living Fac. on One Level
# of Bedrooms: 1
# of Bathrooms: 1
# of Full Bathrooms: 1
# of Units: 1

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

Location Information
Directions: Mill Street South of Hwy 7 to Third Ave, East to home (corner of Wheeler & Third)
Map Coordinate: 117-E3

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,123
Stories: 1.0
Lot Size: 5,663 square feet
Style: Other
Year Built: 1920
Year Renovated: 2000
County: Hennepin County
APN: 35 117 23 23 0047

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 1328
Main Level Finished Area: 704.0000
Building Area Total: 1328
Levels: One

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 0.4mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.4mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 2.5mi

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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Nearby similar homes

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3D WALKTHROUGH

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New listings for sale in 55331

OPEN TODAY, 4PM TO 5:30PM

$599,000

4 beds2 baths1,873 sq ft

500 William St, Excelsior, MN 55331

NEW 18 HRS AGO

$574,900

6 beds4 baths2,230 sq ft

5570 & 5580 Shorewood Ln, Shorewood, MN 55331

COMING SOON

$499,900

3 beds3 baths2,319 sq ft

5905 Country Club Rd, Shorewood, MN 55331

$865,000

3 beds3 baths3,312 sq ft

4890 Regents Walk, Shorewood, MN 55331

LISTED BY REDFIN3D WALKTHROUGH

$724,900

5 beds4 baths3,755 sq ft

25745 Wild Rose Ln, Shorewood, MN 55331

$475,000

3 beds3 baths1,880 sq ft

5200 Greenwood Cir, Greenwood, MN 55331

$2,950,000

5 beds5 baths3,769 sq ft

21210 Excelsior Blvd, Greenwood, MN 55331

3D WALKTHROUGH

$995,000

4 beds3 baths3,610 sq ft

5735 Grant Lorenz Rd, Shorewood, MN 55331

3D WALKTHROUGH

$2,775,000

5 beds6 baths4,212 sq ft

4215 Halsteads Bay Ln, Minnetrista, MN 55331

Home values near 700 3rd Ave

Data from public records.

Address	Redfin Estimate
649 3rd Ave, Excelsior, MN 4 Beds \| 2.5 Baths \| 1686 Sq. Ft.	$600,411
635 3rd Ave, Excelsior, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$1,181,752

Address	Redfin Estimate
629 3rd Ave, Excelsior, MN 3 Beds \| 1 Baths \| 972 Sq. Ft.	$355,700
712 3rd Ave, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$450,108

Address	Redfin Estimate
634 3rd Ave, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,335,328
640 3rd Ave, Excelsior, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$561,728

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 55331, MN

Sale history for 700 3rd Ave

Tax history for 700 3rd Ave

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 700 3rd Ave

More real estate resources