$579,900
- 4
- beds
- 2 full · 1 half
- baths
- 2,612
- sqft
- 1948
- year built
- 4
- beds
- 2 full · 1 half
- baths
- 2,612
- sqft
- 1948
- year built
- Status:
- Active
- MLS #:
- 7163286
- Neighborhood:
- Jones & Galpins Add & Sub Galpins
- County:
- Hennepin
- Listed By:
- David R Philp - Coldwell Banker Realty
- Agent Phone:
- (612) 750-8087
Sponsoring Broker: Jennifer Staats, ez Home Search, Inc.
Prime Excelsior location—walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails. This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office. Separate climate controlled studio/office ideal for remote work, fitness, or creative use. Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard. Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation. Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring. Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.
Highlights
- Residential
- Single Family Residence
- Built in 1948
- 20 days on Market
-
- Bedrooms
- 4
-
- Bathrooms
- 2 full · 1 half
-
- Year Built
- 1948
-
- Stories
- 2.0
-
- Construction Materials
- Frame, Cedar
-
- Foundation
- Block
-
- Parking Features
- Asphalt
-
- Living Area
- 2612.0
-
- Appliances
- Dryer, Refrigerator, Washer, Range
-
- Flooring
- Hardwood
-
- Patio And Porch
- Patio
-
- Pool Features
- None
-
- Cooling
- Central Air
-
- Heating
- Forced Air, Natural Gas
-
- Basement
- Finished, Block
-
- Water
- Public
-
- County
- Hennepin
-
- City
- Excelsior
-
- Neighborhood
- Jones & Galpins Add & Sub Galpins
-
- Zip Code
- 55331
-
Nearby Schools
-
49out of 100
-
98out of 100
-
67out of 100
-
51out of 100
-
50out of 100
-
51out of 100
-
100out of 100
-
77out of 100
-
54out of 100
-
49out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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preferred mortgage partner
your partner for Hennepin county
Brad Schmidt
LO NMLS #: 2072925
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
Estimated Value
$597,174
$513,569 - $680,778
Source: Constellation Data Labs
Price History
| 10/23/2026 | Listed | $579,900 |
| Source: NorthstarMLS #7163286 | ||
| 08/07/2026 | Off Market | — |
| Source: NorthstarMLS #7123402 | ||
Source: MLS Data
Deed History
| 07/13/2009 | Foreclosure | $155,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 08/22/1970 | Conventional | $113,200 |
| 08/21/1970 | Conventional | $150,000 |
| 08/21/1970 | Credit Line (Revolving) / HELOC | $50,000 |
| 08/21/1970 | ARM (Adjustable Rate Mortgage as of August, 2009) | $400,000 |
| 08/21/1970 | Open End with Future Advance Clause / Open End Mortgage | $94,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Excelsior
There are currently 15 properties available in Excelsior, with 2 under contract to close soon. Properties in the city have an average sale price of $1,645,185 and typically spend 88 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 41 zip codes in Hennepin County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 542 3rd Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 542 3rd Ave.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 542 3rd Ave?
Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $579,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Excelsior, and can even get you in to see the property quickly.
How do I get a virtual tour of 542 3rd Ave?
Yes! A virtual tour is available for 542 3rd Ave. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 542 3rd Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 542 3rd Ave at around $3,767. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 542 3rd Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Hennepin County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 542 3rd Ave?
In most cases, yes. Whether 542 3rd Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Excelsior's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 542 3rd Ave?
We can handle that for you. Our preferred local agent specializes in residentials in Excelsior and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $579,900 with 2,612 sqft of space—that comes out to approximately $222 per square foot.
How long has this property been on the market?
542 3rd Ave was listed on October 23, 2026, which means it's been on the market for 20 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1948, making it approximately 78 years old.
What are the property taxes for 542 3rd Ave?
The most recent public record shows annual property taxes for 542 3rd Ave were approximately $5,602. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 542 3rd Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information submitted to the MLS GRID as of November 12, 2026 at 05:00PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: November 12, 2026 at 05:00PM | Source: NorthstarMLS | MLS#: 7163286
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