25 days on rocket

10531 Cedar Lake Rd Unit 517, Minnetonka, MN, 55305

$243,000

Home List Price

$2,886*

Closing Credit

2 Bedrooms
2 Full Baths
1,191 SqFt
$204/SqFt
Condo
Schools Nearby

Location

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10531 Cedar Lake Rd Unit 517, Minnetonka$243,000

Buyer Closing Credits

$2,886*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Heated Garage, Underground
Attached Garage1 space
Year Built1975
HeatingBaseboard
CoolingWall Unit(s)
MLS #6512200
StatusActive

About 10531 Cedar Lake Rd Unit 517

Welcome to this stunning renovation in the wonderful Greenbriar association. Every inch of this home has been updated. New kitchen, bathrooms, paint, light fixtures and all new flooring. Move in and enjoy! This condo has an amazing association, has staffing from 9-5 on the weekdays, offers tennis courts, a heated garage, an indoor and outdoor pool, an exercise room, party room, and units available to rent out for your out of town guests. All this and located just minutes from amazing restaurants, Ridgedale Mall, a quick commute to downtown or out to Lake Minnetonka! Act fast as this won't last long!

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 1,191 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Hopkins North Junior High, Public District Grades 7-9
  • Hopkins High School, Public District Grades 10-12
  • L.H. Tanglen Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cedar Lake Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $243,000
  • Price Per SqFt: $204/SqFt

HOA Fees:

  • Amount: $526
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minnetonka, MN.

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Minnetonka, MN

City

Med. Sold Price

$465.2K

Med. Price/SqFt

$212

Avg. Days On Market

34

# of Sold Homes

41

10531 Cedar Lake Rd Unit 517 vs Minnetonka

25 DAYS ON ROCKET

-9 Days

$243,000

-$222.2K Less

$204/SqFt

-$8 Less

KEY TAKEAWAY

This property is $222.2K less than the Median Sold Price and $8/SqFt less than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6512200

Listing Office:

  • Office Name: Compass

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Last updated on: 4/28/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1790292
4
/10

  • L.H. Tanglen Elementary

  • 10901 Hillside Ln W

  • 0.52 miles

  • Public District Grades KG-6

High School

school-card-donut-1790293
4
/10

  • Hopkins North Junior High

  • 10700 Cedar Lake Rd

  • 0.11 miles

  • Public District Grades 7-9

school-card-donut-1790294
6
/10

  • Hopkins High School

  • 2400 Lindbergh Dr

  • 0.43 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,105. Most Minnetonka, MN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10531 Cedar Lake Rd Unit 517

What is the listing price of this property?

The listing price of 10531 Cedar Lake Rd Unit 517 property is $243,000.

What type of property is this?

The property 10531 Cedar Lake Rd Unit 517 is a condo located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Active Listing: 10531 Cedar Lake Rd Unit 517 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 10531 Cedar Lake Rd Unit 517 are:
L.H. Tanglen Elementary: GreatSchools Rating 4/10
Hopkins North Junior High: GreatSchools Rating 4/10
Hopkins High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 10531 Cedar Lake Rd Unit 517 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 10531 Cedar Lake Rd Unit 517 is 1,191 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10531 Cedar Lake Rd Unit 517 is 1975.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55305›10531 Cedar Lake Rd Unit 517

This home is located at 10531 Cedar Lake Rd Unit 517 in Minnetonka, MN and zip code 55305. This 1,191 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $243,000.

While more than 17 listings in Minnetonka, MN in March 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 14 were sold below. Between February 2024 and March 2024, Minnetonka, MN real estate market has seen increase in the number of listings by 10.9%. In March 2024 median list price was $465,250 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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