Hennepin County property record for 249 Water St, Excelsior, MN 55331
| Property Type | Charitable / Fraternal Organization |
|---|---|
| Details | built 1926 |
| Lot Size | 0.09 acres (3,920 sqft) |
| Owner | Company Name on File |
| Tax Bill | $14,009 (2025) |
| Deeds & Mortgages | Mar 2024 Line of Credit May 2019 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 34-117-23-11-0031 |
| Primary APN | 34-117-23-11-0031 |
|---|
| Flooring | Wood |
|---|
| Year Built | Built 1926 |
|---|---|
| Effective Year Built | Effective 1950 |
| Construction Type | Masonry / Concrete Block |
| Fire Resistance | Masonry Walls, Wood Interior |
| Lot Area | 3,920 sqft (0.09 acres) |
| Lot Dimensions | 80 ft deep x 47 ft wide |
| Heating System | Steam |
|---|
| Street Address | 249 WATER ST |
|---|---|
| City | EXCELSIOR |
| State | MN |
| Zip | 55331-1824 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Charitable / Fraternal Organization |
| Legal Description | LOT 035 B AUDITORS SUBD. NO. 120 LOTS 35 AND 36 47 X 80 |
| Legal Range | 23 |
| Legal Township | 117 |
| Legal Section | 34 |
| Legal Quarter | 11 |
| Legal Subdivision | AUDITORS SUBD. NO. 120 |
| Legal Block | 2 |
| Legal Lot Number | 35 |
| Jurisdiction | HENNEPIN MN |
| Township / Civil Division | EXCELSIOR |
| Census Block Group | 2 |
| Census Block | 2017 |
| Census Tract | 27501 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within 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.
249 Water St, a commercial property, is owned by a company.
Source: Hennepin County records, as of June 23, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 249 WATER ST, EXCELSIOR, MN 55331-1824 |
| Owner Type | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Mar 26, 2024 | Deed of Trust, Mortgage · Line of Credit FIRST STATE BANK & TRUST |
| May 24, 2019 | Deed of Trust, Mortgage · Line of Credit FRANDSEN BK&TR |
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 249 WATER ST, EXCELSIOR, MN 55331-1824 |
| Transaction Type | Mortgage |
| Record Updated | Apr 5, 2024 |
| Name | Verified Name |
|---|
| Document Number | 0A11272429 |
|---|---|
| Date | Mar 26, 2024 |
| Instrument | A11272429 |
| Name | FIRST STATE BANK & TRUST |
|---|---|
| Type | Bank |
| Address | STILLWATER, MN 55082 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 249 WATER ST, EXCELSIOR, MN 55331-1824 |
| Document Number | 0005616251 |
| Instrument Date | May 24, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Jun 11, 2019 |
| Title Company | TITLESMART |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 249 WATER ST EXCELSIOR MN 553311824, EXCELSIOR, MN 55331-1824 |
| Document Number | 0005616251 |
|---|---|
| Date | May 29, 2019 |
| Instrument | 5616251 |
| Name | FRANDSEN BK&TR |
|---|---|
| Type | Bank |
| Address | WATERVILLE, MN 56096 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | May 28, 2039 |
| Rate Type | Adjustable Rate |
|---|
The 2025 property tax bill for 249 Water St was $14,009.
Source: Hennepin County assessment roll, as of June 23, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Hennepin County |
| Municipality | Excelsior City |
| Unified School District | Minnetonka Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $14,009.00 | $735,000 Land $301,000 Building $434,000 | $735,000 Land $301,000 Building $434,000 |
| 2023 | $7,963.00 | ||
| 2022 | $427,000 Land $301,000 Building $126,000 | $427,000 Land $301,000 Building $126,000 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 249 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 Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 4 in force |
| Nearby Flood Claims | 2 (1987–2014) |
| Claims Outside the SFHA | 1 of 2 |
| Most Recent Claim | May 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.
The area around 249 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 Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Excelsior serves 2,483 people · EPA ID MN1270012 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Dec 2024 |
| Lead | 3 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 271 locations within half a mile, as of December 31, 2025
| Provider | Max 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.
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