242 1st St, Excelsior, MN 55331 Property Records

Hennepin County property record for 242 1st St, Excelsior, MN 55331

Property Summary

Property TypeSingle Family Home
Details3 bd · 2.25 ba · 1,938 sqft · built 1920
Lot Size0.22 acres (9,583 sqft)
Owner2 Company Names on File
Last Sale$495,000 (Dec 2015)
Tax Bill$14,799 (2025)
Deeds & MortgagesMay 2021 Mortgage
May 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN34-117-23-11-0151

Property Details

APN / Parcel Number

Primary APN34-117-23-11-0151

Interior

Bedrooms3 Beds
Full Baths2.25 Baths
Half Baths2 Half Baths
Total Rooms8 Rooms
Stories2 Stories
Building Area1,938 sqft Living Area
1st Floor Area1,088 sqft
2nd Floor Area850 sqft

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 2010
Lot Area9,583 sqft (0.22 acres)

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemFloor/Wall Furnace
Heating FuelElectric

Location & Zoning

Street Address242 1ST ST
CityEXCELSIOR
StateMN
Zip55331-1802
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 107 B AUDITORS SUBD. NO. 135 THAT PART OF LOT 107 LYING SOUTHEASTERLY OF THE NORTHWESTERLY 70 FEET THEREOF AND THE NORTHWESTERLY 9 FEET OF LOT 80 IRREGULAR
Legal Range23
Legal Township117
Legal Section34
Legal Quarter11
Legal SubdivisionAUDITORS SUBD. NO. 135
Legal Block2
Legal Lot Number107
JurisdictionHENNEPIN MN
Township / Civil DivisionEXCELSIOR
Census Block Group2
Census Block2030
Census Tract27501

Owner

Source: Hennepin County records · APN 34-117-23-11-0151

Assessment roll updated June 23, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on File
Mailing Address242 1ST ST, EXCELSIOR, MN 55331-1802
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust, Revocable Trust

Deeds, Mortgages & Sale History

DateDocument
May 25, 2021Deed of Trust, Mortgage · Conventional Mortgage
QUICKEN LOANS LLC
May 11, 2020Deed of Trust, Mortgage · Conventional Mortgage
LIBERTY BK MN

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleDec 30, 2015 · Amount on Record
Deed SaleDec 30, 2015 · Amount on Record
Prior SaleOct 15, 2003 · Amount on Record
Deed Document Number20155317308
Record UpdatedSep 20, 2026

May 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address242 1ST ST, EXCELSIOR, MN 55331-1802
Transaction TypeMortgage
Record UpdatedJun 21, 2021
Title CompanyAMROCK INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0T05839487
DateMay 25, 2021
InstrumentT05839487
Lender
NameQUICKEN LOANS LLC
TypeMortgage Company
AddressDETROIT, MI 48226
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term359 Months
DueApr 01, 2051
Interest
Rate TypeAdjustable Rate
Rate1.87%
Type Change DateApr 01, 2028
Change Frequency6 Months
Min Rate At Change3%
Max Rate At Change6.87%
IndexOther
Margin3
Max Rate6.87%

May 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address242 1ST ST, EXCELSIOR, MN 55331-1802
Document Number0005709863
Instrument DateMay 11, 2020
Transaction TypeMortgage
Record UpdatedJun 01, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address242 1ST ST EXCELSIOR MN 553311802, EXCELSIOR, MN 55331-1802

Mortgage

Document Number0005709863
DateMay 20, 2020
Instrument5709863
Lender
NameLIBERTY BK MN
AddressSAINT CLOUD, MN 56302
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueMay 19, 2050

Tax Assessment & Valuation

Source: Hennepin County records · Assessment roll updated June 23, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityExcelsior City
Unified School DistrictMinnetonka Public School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$14,799.00 (+30.72%)$1,093,600 (+23.99%) Land $655,000 Building $438,600$1,093,600 (+23.99%) Land $655,000 Building $438,600
2023$11,321.00 Homeowner's exemption
2022$882,000 Land $471,000 Building $411,000$882,000 Land $471,000 Building $411,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of December 25, 2025 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims2 (1987–2014)
Claims Outside the SFHA1 of 2
Most Recent ClaimMay 2014 · river or lake flooding

Wildfire

Wildfire RiskLow
lower than 99.1% of the US · lower than 96% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Lumen Technologies
Fiber
2,000 / 1,000
Mediacom Communications
Cable · Fiber in parts of the area
1,000 / 50
T-Mobile USA
Fixed Wireless
100 / 20

May also be available: Verizon.

Based on FCC filings for 165 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemExcelsior
serves 2,483 people
Water SourceGroundwater
Last State InspectionDec 2024
Lead3 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

Nearby Properties on 1st St

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