9 months on rocket

262 Lake St, Excelsior, MN, 55331

$1,150,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
2 Full Baths
1 SqFt
$1,150,000/SqFt
House
Schools Nearby

Location

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262 Lake St, Excelsior$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1900
HeatingNone
CoolingWindow Unit(s)
BasementYes
MLS #6399433
StatusActive

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1 SqFt

Listing Office:

  • Office Name: Rize Realty

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Minnetonka High School, Public District Grades 9-12
  • Minnetonka Middle School West, Public District Grades 6-8
  • Excelsior Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: 262 Lake St. South facing. Entry in back alley.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $1,150,000/SqFt

Tax Information:

  • Annual Amount: $9,202
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6399433

Listing Office:

  • Office Name: Rize Realty

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,202$746,000
2019$9,482$746,000
2018$11,230$853,000
2017$11,190$825,000

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1139382
9
/10
  • Excelsior Elementary

  • 441 Oak St

  • 0.42 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1139383
7
/10
  • Minnetonka Middle School West

  • 6421 Hazeltine Blvd

  • 1.49 miles

  • Public District Grades 6-8

High School

school-card-donut-1139384
8
/10
  • Minnetonka High School

  • 18301 Highway 7

  • 2.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,833. Residents of Hennepin County, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 262 Lake St

What is the listing price of this property?

The listing price of 262 Lake St property is $1,150,000.

What type of property is this?

The property 262 Lake St is a house located in Excelsior, Minnesota, 55331.

Is this property for sale now?

Active Listing: 262 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 262 Lake St are:
Excelsior Elementary: GreatSchools Rating 9/10
Minnetonka Middle School West: GreatSchools Rating 7/10
Minnetonka High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,202 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 262 Lake St has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 262 Lake St is 1 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 262 Lake St is 1900.

Rocket HomesMinnesotaHennepin CountyExcelsior55331262 Lake St

This home is located at 262 Lake St in Excelsior, MN and zip code 55331 in the Lower Lake South neighborhood. This 1 square foot home was built in 1900. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 10, 2023 and is currently priced at $1,150,000.

Hennepin County, MN housing market in March 2024 saw over 417 listings sold above listed price, more than 198 sold at listed price and over 400 sold below. The number of listings in Hennepin County, MN increased by 16.5% between February 2024 and March 2024. Listings spent 38 days on the market in March 2024, and had a median list price of $375,022 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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