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253 1st St

Excelsior, MN 55331

4 bd 3 ba 2,251 sqft Built 1915 Lot 3,920 sqft single_family
Most recent sale
$775,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2025 Sold $819,225 NorthstarMLS
Feb 20, 2025 Price changed $879,900 NorthstarMLS
Nov 15, 2024 Listed $899,000 NorthstarMLS
Sep 19, 2022 Sold $775,000 MLS #6251729
Aug 25, 2022 Listed $749,900 MLS #6251729
Nov 22, 2021 Sold $715,000 MLS #6029763
Aug 25, 2021 Relisted $700,000 MLS #6029763
Aug 17, 2021 Listing removed $700,000 NorthstarMLS
Aug 13, 2021 Listed $700,000 MLS #6029763
Jul 22, 2021 Listing removed $700,000 NorthstarMLS
Jul 14, 2021 Listing removed $700,000 NorthstarMLS
May 16, 2021 Listing removed $749,900 NorthstarMLS
Apr 15, 2021 Price changed $749,900 MLS #5728057
Apr 3, 2021 Listed $774,900 MLS #5728057
Feb 13, 2021 Listing removed $799,900 NorthstarMLS
Dec 28, 2020 Listing removed $774,900 NorthstarMLS
Nov 9, 2020 Price changed $774,900 MLS #5674246
Nov 4, 2020 Price changed $779,900 MLS #5674246
Oct 16, 2020 Listed $785,000 MLS #5674246
May 19, 2005 Sold $395,000 Public Record
Oct 17, 2003 Sold $192,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $326,300 $576,000 $902,300 $11,694
2024 $325,600 $498,600 $824,200 $10,273
2023 $276,000 $424,000 $700,000 $8,758
2022 $269,000 $424,000 $693,000 $9,507
2021 $258,000 $410,000 $668,000 $9,257
2020 $258,000 $410,000 $668,000 $9,097
2019 $243,000 $396,000 $639,000 $8,844
2018 $258,000 $365,000 $623,000 $7,707
2017 $187,000 $365,000 $552,000 $6,232
2016 $186,000 $257,000 $443,000 $6,223
2015 $188,000 $244,000 $432,000 $5,881
2014 $400,940 $5,302
2013 $337,720 $5,077
2012 $330,090 $5,219
2011 $356,250 $5,366
2010 $184,000 $198,000 $382,000 $4,940
2009 $197,000 $209,000 $406,000 $4,694
2008 $200,000 $209,000 $409,000 $4,750
2007 $186,100 $175,800 $361,900 $4,221

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,251 sqft
Lot size
3,920 sqft
ZIP code
55331
City
Excelsior
Street
1st St
Coordinates
44.90531, -93.56725

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,377
Gross rental yield
5.23%
Implied cap rate
3.40%
Trend-extrapolated value

Frequently asked questions

When did 253 1st St last sell?
253 1st St most recently sold on Sep 19, 2022 for $775,000.
What is the current tax assessment for 253 1st St?
The most recent total assessment for 253 1st St (year 2025) is $902,300 with $11,694 in property tax.
How does 253 1st St's assessment compare to its last sale price?
The current assessment is 16.4% above the last sale price of $775,000.
When was 253 1st St built?
253 1st St was built in 1915.
How does 253 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 253 1st St?
253 1st St is a 4 bed, 3 bath, 2,251 sqft, 3,920 sqft lot single_family.
Is 253 1st St a flip candidate?
No — 253 1st St does not appear in our flips dataset.
Is 253 1st St a tax-appeal candidate?
No — 253 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.05M
2026 Q4
$1.03M
ZIP 55331 — Median Price History + Forecast

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