$5,047 Closing Credit¹
#6593139, Listing office: Realty ONE Group SIMPLIFIED
$395,000 List price
351 Morse Ave Excelsior, MN 55331
$4,691
Closing credit¹
3 beds
1 full
1,128 sqft
$350 / sqft
House
Property details
About 351 Morse Ave
Excelsior Village neighborhood very close to Lake Minnetonka Regional Trail, and short walk to fabulous water street business district, shops and restaurants. Home has been recently remodeled with new kitchen and bathrooms, all new floors. West facing porch and deck. Lots of coveted off street parking. Couple block walk to Maynards Restaurant on Lake Minnetonka. The property is zoned Milti-Use Commercial so flexible future use here is unlimited. Can't go wrong with this investment, location - location - location. Dock rights, lake rights thru city on waiting list.
Highlights
Home typeSingle Family Residence
HeatingSteam
StatusActive
CoolingCentral Air
Size1,128 sqft
BasementYes
Year built1940
ParkingAsphalt
MLS #6673152
FireplaceDecorative
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Basement: Yes
- Fireplace: Decorative
- Total Bedroom Count: 3
- Parking: Asphalt
- Heating: Steam
- Cooling: Central Air
- List Price: $395,000
- Price/SqFt: $350
- HOA Amount: $0
- Annual Tax Amount: $2,702
- Tax Year: 2023
- Directions: Water street to 3rd street south to right on Morse ave Hwy 7 to Morse Ave right
- Year Built: 1940
- Living Area: 1,128 SqFt
- MLS Number: 6673152
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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$395,000
351 Morse Ave
$4,691
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 2023 | Home Sold | $262,500 |
| Nov 10, 2021 | Home Sold | $215,000 |
| Sep 04, 2020 | Home Sold | $400,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $232,800 | $2,702 |
| 2022 | $198,000 | $2,352 |
| 2021 | $197,000 | $2,566 |
| 2020 | $212,000 | $2,942 |
| 2019 | $216,000 | $3,091 |
| 2018 | $209,000 | $3,002 |
| 2017 | $208,000 | $2,988 |
History based on county public records data.
Nearby schools
9
Excelsior Elementary
Public District KG-5
0.2 mi
•441 Oak St
9
Minnewashta Elementary
Public District KG-5
2.5 mi
•26350 Smithtown Rd
8
Deephaven Elementary
Public District KG-5
2.6 mi
•4452 Vinehill Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $70,833. The majority of Excelsior, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
52%
35k-100k
18%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
7%
Single, with Kids
26%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Boston Market
Chipotle
Bonefish Grill
What do the neighbors drive?
Volvo
Mazda
Lincoln
What do the neighbors listen to?
Talk/Personality
Rock
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 351 Morse Ave
The listing price of 351 Morse Ave property is $395,000.
The property 351 Morse Ave is a house located in Excelsior, Minnesota, 55331.
Active Listing: 351 Morse Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 351 Morse Ave are: Excelsior Elementary (GreatSchools Rating 9/10), Minnewashta Elementary (GreatSchools Rating 9/10), Deephaven Elementary (GreatSchools Rating 8/10), Minnetonka Middle School West (GreatSchools Rating 9/10), Minnetonka Middle School East (GreatSchools Rating 9/10), Central Middle School (GreatSchools Rating 5/10), Minnetonka High School (GreatSchools Rating 10/10), Chanhassen High School (GreatSchools Rating 8/10), Eden Prairie High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $2,702 (source: MLS/based on county public records data).
The last sale was on September 27, 2023 for $262,500 (source: MLS/tax record).
The property at 351 Morse Ave has 3 bedrooms and 3 bathrooms.
The property 351 Morse Ave is 1,128 SqFt (source: MLS/tax record).
The year of construction for 351 Morse Ave is 1940.
This home is located at 351 Morse Ave in Excelsior, MN and zip code 55331. This 1,128 square foot home was built in 1940. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $395,000.
In May 2025 more than 10 listings in Excelsior, MN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 13 were sold below. Between April and May 2025, Excelsior, MN real estate market has seen increase in the number of listings by 19.5%. Listings spent 35 days on the market in May 2025, and had a median list price of $795,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.