$7,719 Closing Credit¹
#6671271, Listing Office: Edina Realty, Inc.
$550,000 List price
351 Morse Ave Excelsior, MN 55331
$6,531
Closing credit¹
3 beds
1 full
1,128 sqft
$488 / 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
- MLS Number: 6673152
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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$550,000
351 Morse Ave
$6,531
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. Typical income of Excelsior, MN residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically 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
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 $550,000.
Excelsior, MN housing market in March 2025 saw over 1 listings sold above listed price, more than 7 sold at listed price and over 11 sold below. The number of homes for sale in Excelsior, MN increased by 29.7% between February and March 2025. Listings spent 36 days on the market in March 2025, and had a median list price of $775,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.