322 Lake St, Excelsior, MN 55331 Property Records

Hennepin County property record for 322 Lake St, Excelsior, MN 55331

Property Summary

Property Type	Apartments (5+ Units)
Details	built 1965
Lot Size	0.35 acres (15,246 sqft)
Owner	Company Name on Record
Last Sale	$4,501,000 (Jul 2023)
Tax Bill	$84,196 (2025)
Deeds & Mortgages	Jul 2023 Mortgage Jul 2023 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`34-117-23-11-0046`

Property Details

APN / Parcel Number

Primary APN	`34-117-23-11-0046`

Interior

Units	48 Units
Flooring	Wood

Exterior

Year Built	Built 1965
Effective Year Built	Effective 1980
Construction Type	Wood
Lot Area	15,246 sqft (0.35 acres)
Lot Dimensions	137 ft deep x 110 ft wide

Location & Zoning

Street Address	322 LAKE ST
City	EXCELSIOR
State	MN
Zip	55331-1883
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	LOT 020 B AUDITORS SUBD. NO. 135 LOTS 20 AND 21 110 X 137
Legal Range	23
Legal Township	117
Legal Section	34
Legal Quarter	11
Legal Subdivision	AUDITORS SUBD. NO. 135
Legal Block	2
Legal Lot Number	20
Jurisdiction	HENNEPIN MN
Township / Civil Division	EXCELSIOR
Census Block Group	2
Census Block	2008
Census Tract	27501

Owner

Source: Hennepin County records, as of June 23, 2026

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

Owner of Record	Company Name on Record
Mailing Address	6600 CITY WEST PKWY, EDEN PRAIRIE, MN 55344-3261
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jul 5, 2023	Deed of Trust, Mortgage · Commercial Mortgage BRIDGEWATER BANK
Jul 12, 2023	Limited Warranty Deed, Transfer
Jan 31, 2020	Grant Deed, Transfer · Line of Credit BRIDGEWATER BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 7, 2023 · Amount on Record
Deed Sale	Jul 7, 2023 · Amount on Record
Prior Sale	Jan 31, 2020 · Amount on Record
Deed Document Number	20231555539
Prior Transfer Date	Jan 29, 2020
Prior Transfer Doc	0010753270
Record Updated	Sep 20, 2026

July 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	322 LAKE ST, EXCELSIOR, MN 55331-1883
Transaction Type	Mortgage
Record Updated	Nov 29, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	322 LAKE ST 201, 201, EXCELSIOR, MN 55331-1832

Mortgage

Document Number	0A11212416
Date	Jul 5, 2023
Instrument	A11212416

Lender

Name	BRIDGEWATER BANK
Type	Bank
Address	MINNEAPOLIS, MN 55416

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	5 Months
Due	Dec 30, 2023

July 2023: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jul 12, 2023
Property Address	322 LAKE ST, EXCELSIOR, MN 55331-1883
Document Number	0A11214399
Instrument Date	Jul 7, 2023
Instrument	A11214399
Transaction Type	Transfer
Record Updated	Nov 29, 2023

Transaction

Amount	Amount Recorded
Tax	$14,853.30
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6600 CITY WEST PKWY STE 205, 205, EDEN PRAIRIE, MN 55344-5506
Mail Care Of	HEGENES PROPERTIES

January 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jan 31, 2020
Property Address	322 LAKE ST, EXCELSIOR, MN 55331-1883
Document Number	0010753270
Instrument Date	Jan 29, 2020
Instrument	10753270
Transaction Type	Transfer
Record Updated	Feb 21, 2020
Title Company	TITLE MARK

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$4,605.00

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	322 LAKE ST #201 EXCELSIOR MN 553311832, 201, EXCELSIOR, MN 55331-1832

Mortgage

Document Number	10753271
Date	Jan 31, 2020
Instrument	10753271

Lender

Name	BRIDGEWATER BK
Type	Bank
Address	BLOOMINGTON, MN 55439

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	84 Months
Due	Jan 30, 2027

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Excelsior City
Unified School District	Minnetonka Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$84,196.00 (+35.99%)	$5,763,000 (+32.39%) Land $1,680,000 Building $4,083,000	$5,763,000 (+32.39%) Land $1,680,000 Building $4,083,000
2024	$61,914.00 (+59.83%)	$4,353,000 (+3,652.59%) Land $1,680,000 Building $2,673,000	$4,353,000 (+3,652.59%) Land $1,680,000 Building $2,673,000
2023	$38,737.00 Homeowner's exemption
2022		$116,000 Land $18,000 Building $98,000	$116,000 Land $18,000 Building $98,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

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
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
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.

Wildfire

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 96% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 165 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	2,000 / 1,000
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

Nearby Properties on Lake St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures