1 month on rocket

Sale Pending

1616 Essex Rd, Minnetonka, MN, 55305

$649,999

Home List Price

$7,719*

Closing Credit

3 Bedrooms
2 Full Baths
2,314 SqFt
$281/SqFt
House
Schools Nearby

Location

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1616 Essex Rd, Minnetonka$649,999

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Detached, Asphalt, Garage Door Opener
Attached Garage3 spaces
Year Built1939
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room, Wood Burning
MLS #6505543
StatusSale Pending
(Pending)

About 1616 Essex Rd

This home has it all! Beautiful kitchen, light and bright dining and living room. Lots of large windows with so much daylight! Main level primary bedroom with luxurious bath and walk in closet. Main level laundry & 2nd BR with large closet. Completely remodeled - bathrooms, windows, kitchen, insulation, electrical, plumbing, roof, siding, drywall, doors and painting. Upgraded lighting inside and out. Furnace, gas fireplace in LR, fence & custom window screens in 2020. New Water Softener in 2021. Sump Pump & Battery backup and professional landscaping including front yard irrigation system, plant drip line system, new plants and hardscape in 2022, new siding, paint & structural support beam in detached garage in 2023. 2 driveways, one to attached one car garage and one to detached two car garage. Hard to find large lot - .55 acres - just minutes from all the shopping, restaurants, trails and parks and 394. Minutes to downtown Mpls. Award winning Wayzata schools.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Living Area: 2,314 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Detached, Asphalt, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wayzata High School, Public District Grades 9-12
  • Sunset Hill Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 394 to south Frontage Road off Plymouth Road. West to Essex Road, South to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,999
  • Price Per SqFt: $281/SqFt

Tax Information:

  • Annual Amount: $5,641
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$465.2K

Med. Price/SqFt

$212

Avg. Days On Market

34

# of Sold Homes

41

1616 Essex Rd vs Minnetonka

31 DAYS ON ROCKET

-3 Days

$649,999

+$184.7K More

$281/SqFt

+$69 More

KEY TAKEAWAY

This property is $184.7K more than the Median Sold Price and $69/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: #6505543

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 4/27/2024, 2:22:15 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

Jun 11, 2020Home Sold
$565,000
Dec 07, 2017Home Sold
$280,000
Nov 03, 1998Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,641$425,300
2019$4,883$354,900
2018$9,677$278,424
2017$3,664$259,676

History based on county public records data.

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$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-1328974
6
/10
  • Sunset Hill Elementary School

  • 13005 Sunset Tr

  • 0.90 miles

  • Public District Grades KG-5

High School

school-card-donut-1328975
9
/10
  • Wayzata High School

  • 4955 Peony Ln N

  • 6.04 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,398. The most common annual income of people living in Minnetonka, MN is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 Essex Rd

What is the listing price of this property?

The listing price of 1616 Essex Rd property is $649,999.

What type of property is this?

The property 1616 Essex Rd is a house located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Sale Pending: 1616 Essex Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1616 Essex Rd are:
Sunset Hill Elementary School: GreatSchools Rating 6/10
Wayzata High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,641 (source: MLS/based on county public records data).

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

The last sale was on June 11, 2020 for $565,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1616 Essex Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1616 Essex Rd is 2,314 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 Essex Rd is 1939.

Rocket HomesMinnesotaHennepin CountyMinnetonka553051616 Essex Rd

This home is located at 1616 Essex Rd in Minnetonka, MN and zip code 55305. This 2,314 square foot home was built in 1939. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $649,999.

Over 17 listings were sold over their listed price in March 2024 in Minnetonka, MN. In the same period over 14 listings were sold below the listed price and 10 listings were sold for the listed price. In March 2024 in Minnetonka, MN there were 10.9% more homes for sale than in February 2024. 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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