14 days on rocket

1509 Archwood Rd, Minnetonka, MN, 55305

$1,195,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
4,576 SqFt
$261/SqFt
House
Schools Nearby

Location

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1509 Archwood Rd, Minnetonka$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage3 spaces
Year Built2006
HeatingForced Air, Radiant Floor
CoolingCentral Air
BasementYes
FireplaceAmusement Room, Family Room, Gas
MLS #6497636
StatusActive

About 1509 Archwood Rd

They say #1 rule in real estate is location and this one has it! Fantastic location just seconds from 394, Ridgedale and mins to Lake Minnetonka and DT Mpls. Come enjoy this well-appointed turnkey 2 story with a true chef's kitchen with double ovens, cooktop, walk-in pantry and large center island with loads of storage. Attention to quality prevails throughout this home with crown moldings and millwork details sure to impress. The upper level features 4 br’s including the spacious primary suite with marble heated floors, double vanity, walk-in shower, separate jet tub and a huge walk-in closet. Main floor office with soaring ceilings. Walkout lower level with amusement area built-ins, game room, wet bar, exercise room, loads of storage and a 5th bedroom with ¾ bath. All situated on a private feeling corner lot with pond views. This home must be seen in person to appreciate the quality and attn to detail. Truly a must see!

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 4,576 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Oven, Water Softener
  • Basement: Yes
  • Fireplace: Amusement Room, Family Room, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: 394 to Co Rd 73 to south frontage road East to Archwood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $261/SqFt

Tax Information:

  • Annual Amount: $14,267
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$468.7K

Med. Price/SqFt

$213

Avg. Days On Market

33

# of Sold Homes

51

1509 Archwood Rd vs Minnetonka

14 DAYS ON ROCKET

-19 Days

$1,195,000

+$726.2K More

$261/SqFt

+$48 More

KEY TAKEAWAY

This property is $726.2K more than the Median Sold Price and $48/SqFt more than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6497636

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 5/1/2024, 11:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 08, 2021Home Sold
$1,030,000
Sep 17, 2007Home Sold
$1,325,000
Nov 09, 2005Home Sold
$337,564
Sep 20, 2004Home Sold
$232,280

Tax History

YEARPROP. TAXASSESSMENT
2020$14,267$1,033,200
2019$14,365$990,600
2018$14,154$985,300
2017$13,621$920,400

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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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-4446868
4
/10
  • L.H. Tanglen Elementary

  • 10901 Hillside Ln W

  • 0.65 miles

  • Public District Grades KG-6

High School

school-card-donut-4446869
6
/10
  • Hopkins High School

  • 2400 Lindbergh Dr

  • 0.78 miles

  • Public District Grades 10-12

school-card-donut-4446870
4
/10
  • Hopkins North Junior High

  • 10700 Cedar Lake Rd

  • 1.06 miles

  • Public District Grades 7-9

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,660. Most Minnetonka, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1509 Archwood Rd

What is the listing price of this property?

The listing price of 1509 Archwood Rd property is $1,195,000.

What type of property is this?

The property 1509 Archwood Rd is a house located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Active Listing: 1509 Archwood Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1509 Archwood Rd are:
L.H. Tanglen Elementary: GreatSchools Rating 4/10
Hopkins High School: GreatSchools Rating 6/10
Hopkins North Junior High: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,267 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 8, 2021 for $1,030,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1509 Archwood Rd has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1509 Archwood Rd is 4,576 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1509 Archwood Rd is 2006.

Rocket HomesMinnesotaHennepin CountyMinnetonka553051509 Archwood Rd

This home is located at 1509 Archwood Rd in Minnetonka, MN and zip code 55305. This 4,576 square foot home was built in 2006. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,195,000.

Minnetonka, MN housing market in April 2024 saw over 18 listings sold above listed price, more than 9 sold at listed price and over 24 sold below. The inventory of homes for sale in Minnetonka, MN between March 2024 and April 2024 increased by 23.7%. In April 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $468,750.

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

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