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19951 Excelsior Ln, Farmington, MN, 55024

5beds
4baths
2,362sqft
$469,900
$199price/sqft
$3,265/moest. monthly cost
$130,600/yrincome needed

About This Home

PRICE JUST IMPROVED - and there is still time to get moved in before school starts! 'Pride of ownership' shines throughout this exceptional home in the sought-after Charleswood neighborhood From the moment you step onto the warm, welcoming main level, you'll appreciate the perfect blend of comfort, hardwood flooring, and modern updates. The functional layout features four bedrooms on one level, plus a fifth bedroom in the finished basement—ideal for a rec room, home gym, or guest suite. With four total bathrooms, there is ample space for everyone. Outdoor living is a highlight, featuring a private, large fenced backyard and a 14x8 patio off the garage, perfect for year-round gatherings. The oversized 3-car garage offers extensive storage or extra workspace. This home is a rare find and ready for YOU!!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
5/10
5/10
Farmington High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2002

Materials

  • Roof: Age 8 Years or Less
  • Construction materials: ICFs (Insulated Concrete Forms)

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Level: Upper
  • Area: 221
  • Dimensions: 13x17

Bedroom2

  • Level: Upper
  • Area: 90
  • Dimensions: 10x9

Bedroom3

  • Level: Upper
  • Area: 100
  • Dimensions: 10x10

Bedroom4

  • Level: Upper
  • Area: 100
  • Dimensions: 10x10

Bedroom5

  • Level: Lower
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 130
  • Dimensions: 10x13

Family Room

  • Level: Lower
  • Area: 462
  • Dimensions: 22x21

Features

  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 659
  • Finished area above ground: 1,703

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,678
  • Total interior livable area: 2,362 sqft

Kitchen

  • Level: Main
  • Area: 132
  • Dimensions: 11x12

Laundry

  • Level: Upper
  • Area: 70
  • Dimensions: 7x10

Living Room

  • Level: Main
  • Area: 286
  • Dimensions: 13x22

Patio

  • Level: Main
  • Area: 98
  • Dimensions: 14x7

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 141650302160
  • Zoning description: Residential-Single Family
  • Foundation area: 888

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio
  • Fencing: Full,Wood

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 75 x 143

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Winter Weather

FEMA Declared Disasters in Dakota County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,376$28,512
Home Insurance *$253$3,036
Property Taxes $437$5,244
Electricity $199$2,390
Total$3,265$39,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,942/yr
40% on housing$97,950/yr
45% on housing$87,066/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$199This listing

vs Other Active Listings

Avg $/sqft

ZIP 55024$185
Dakota County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 55024$198
Dakota County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Price change$469,900
2026-07-15Price change$479,000
2026-06-12Listed for sale$489,000
2004-07-21Sold$304,900
2002-09-23Sold$238,987

For Sale by Agent

AgentScott Carmody
BrokerageRE/MAX Results

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