Hennepin County property record for 723 Water St, Excelsior, MN 55331
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | built 2017 |
| Lot Size | 1.85 acres (80,586 sqft) |
| Owner | Company Name on File |
| Last Sale | $2,250,000 (Aug 2004) |
| Tax Bill | $275,538 (2025) |
| Deeds & Mortgages | May 2019 Loan Modification |
| Flood Zone | Zone X (minimal risk) |
| APN | 34-117-23-42-0073 |
| Primary APN | 34-117-23-42-0073 |
|---|
| Units | 115 Units |
|---|
| Year Built | Built 2017 |
|---|---|
| Effective Year Built | Effective 2017 |
| Construction Type | Wood |
| Lot Area | 80,586 sqft (1.85 acres) |
| Street Address | 723 WATER ST |
|---|---|
| City | EXCELSIOR |
| State | MN |
| Zip | 55331-3064 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Description | LOT 001 BLOCK 001 T THE WATERS OF EXCELSIOR IRREGULAR |
| Legal Range | 23 |
| Legal Township | 117 |
| Legal Section | 34 |
| Legal Quarter | 42 |
| Legal Subdivision | THE WATERS OF EXCELSIOR |
| Legal Block | 1 |
| Legal Lot Number | 1 |
| Jurisdiction | HENNEPIN MN |
| Township / Civil Division | EXCELSIOR |
| Census Block Group | 2 |
| Census Block | 2034 |
| Census Tract | 27501 |
723 Water St, a residential property, is owned by a company that bought it in August 2004.
Source: Hennepin County records, as of July 14, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 10900 WAYZATA BLVD, 740, HOPKINS, MN 55305-0004 |
| Owner Type | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Aug 17, 2004 · Amount on File |
| Deed Sale | Aug 17, 2004 · Amount on File |
| Deed Document Number | 2004866635 |
| Record Updated | Sep 20, 2026 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | May 23, 2019 |
| Property Address | 723 WATER ST, EXCELSIOR, MN 55331-3064 |
| Instrument Date | May 22, 2019 |
| Instrument | 5614593 |
| Transaction Type | Mortgage |
| Record Updated | Jun 6, 2019 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1600 HOPKINS XRD MINNETONKA MN 553052026, MINNETONKA, MN 55305-2026 |
| Document Number | 0005614593 |
|---|---|
| Date | May 23, 2019 |
| Instrument | 5614593 |
| Name | TCF NAT'L BK |
|---|---|
| Type | Bank |
| Address | 2118 FE BIG BEAVER RD # A, TROY, MI 48083 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|
The 2025 property tax bill for 723 Water St was $275,538.
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 | $275,538.00 | $18,860,000 Land $3,450,000 Building $15,410,000 | $18,860,000 Land $3,450,000 Building $15,410,000 |
| 2023 | $301,815.00 | ||
| 2022 | $21,427,000 Land $2,990,000 Building $18,437,000 | $21,427,000 Land $2,990,000 Building $18,437,000 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 723 Water St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
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 risk around 723 Water St is low, with less than a 0.01% annual chance of 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.
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 138 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Mediacom Xtream Cable | 1,000 / 50 |
| T-Mobile Fixed Wireless | 100 / 20 |
May also be available: CenturyLink, Metronet, Verizon, Xfinity.
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