244 Water St, Excelsior, MN 55331 Property Records

Hennepin County property record for 244 Water St, Excelsior, MN 55331

Property Summary

Property TypeCommercial
Detailsbuilt 1909
Lot Size0.08 acres (3,485 sqft)
OwnerCompany Name on File
Last Sale$410,000 (Aug 2007)
Tax Bill$41,271 (2025)
Deeds & MortgagesFeb 2021 Line of Credit
Flood ZoneZone X (minimal risk)
APN34-117-23-11-0067

Property Details

APN / Parcel Number

Primary APN34-117-23-11-0067

Interior

Units8 Units

Exterior

Year BuiltBuilt 1909
Effective Year BuiltEffective 2000
Construction TypeWood
Fire ResistanceMasonry Walls, Wood Interior
Lot Area3,485 sqft (0.08 acres)
Lot Dimensions145 ft deep x 24 ft wide

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Street Address244 WATER ST
CityEXCELSIOR
StateMN
Zip55331-1825
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 037 B AUDITORS SUBD. NO. 135 EX ROAD 24 X 145
Legal Range23
Legal Township117
Legal Section34
Legal Quarter11
Legal SubdivisionAUDITORS SUBD. NO. 135
Legal Block2
Legal Lot Number37
JurisdictionHENNEPIN MN
Township / Civil DivisionEXCELSIOR
Census Block Group2
Census Block2018
Census Tract27501

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Excelsior Commercial Historic District
listed 2021 · 32 contributing resources · NRIS 100007070

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

244 Water St, a commercial property, is owned by a company that bought it in August 2007.

Source: Hennepin County records, as of July 15, 2026

Owner of RecordCompany Name on File
Mailing Address2425 GRAYS LANDING RD, WAYZATA, MN 55391-2300
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 29, 2007 · Amount on File
Deed SaleAug 29, 2007 · Amount on File
Prior SaleDec 15, 2004 · Amount on File
Deed Document Number2007960654
Transfer Doc0000779629
Record UpdatedOct 29, 2026

February 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address244 WATER ST, EXCELSIOR, MN 55331-1825
Transaction TypeMortgage
Record UpdatedAug 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0A10909434
DateFeb 2, 2021
InstrumentA10909434
Lender
NameFIREFLY FCU
TypeCredit Union
AddressBURNSVILLE, MN 55337
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2025 property tax bill for 244 Water St was $41,271.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$41,271.00$1,425,000 Land $279,000 Building $1,146,000$1,425,000 Land $279,000 Building $1,146,000
2023$29,921.00
2022$1,041,000 Land $279,000 Building $762,000$1,041,000 Land $279,000 Building $762,000

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

Flood

FEMA maps place 244 Water St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1987.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

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

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.

Wildfire

The area around 244 Water St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemExcelsior
serves 2,483 people · EPA ID MN1270012
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, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 271 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable · Fiber in parts of the area
1,000 / 50
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: CenturyLink, Metronet.

Nearby Properties on Water St

Nearby Streets

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