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3705 Arbor Ln, Minnetonka, MN, 55305

$600,000

Home List Price

$7,125*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
3,606 SqFt
$166/SqFt
House
Schools Nearby

Location

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3705 Arbor Ln, Minnetonka$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage2 spaces
Year Built1956
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room, Wood Burning
MLS #6509044
StatusActive

About 3705 Arbor Ln

Light, bright dream home in Minnetonka with a private backyard, a recreational side yard, and designed with 5 large bedrooms, 3 updated baths, & a 2-car garage. Enjoy oak flooring, original woodwork, & stunning cove ceilings as you cozy up by the wood-burning fireplace. Step into the updated kitchen with new LVP flooring, granite countertops, soft-close cabinetry & stainless-steel appliances. Connected to the kitchen is a large, light filled three-season porch. The main floor bath, w/ walk-in tile shower & granite vanity, is luxurious. Two main level bedrooms or offices enhance flexibility. 3 large bedrooms upstairs, oak flooring & updated full bath w/ double vanity & quartz countertop. Spacious lower level family rooms, bar w/ wine fridge, & a gas fireplace! Outside, enjoy a large yard w/ mature trees & fire pit. All are welcomed in Minnetonka open enrollment! W/ newer roof, furnace, HVAC, windows & water heater, this home is ready for you to enjoy! Don't miss this home!

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 3,606 SqFt

Listing Office:

  • Office Name: Prospera Properties

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room, Wood Burning

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

Lot Features

Lot Information:

  • Lot: Irregular Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hopkins North Junior High, Public District Grades 7-9
  • Hopkins High School, Public District Grades 10-12
  • Eisenhower Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: Follow 36th Ave N, US-169 S and Minnetonka Blvd to S Arbor Ln in Minnetonka and turn right onto S Arbor Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $166/SqFt

Tax Information:

  • Annual Amount: $4,853
  • Tax Year: 2020
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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

3705 Arbor Ln vs Minnetonka

32 DAYS ON ROCKET

-2 Days

$600,000

+$134.7K More

$166/SqFt

-$46 Less

KEY TAKEAWAY

This property is $134.7K more than the Median Sold Price and $46/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: #6509044

Listing Office:

  • Office Name: Prospera Properties

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Last updated on: 4/28/2024, 10:22:18 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 17, 2017Home Sold
$415,000
Nov 17, 2016Home Sold
$269,900

Tax History

YEARPROP. TAXASSESSMENT
2020$4,853$392,000
2019$5,163$393,310
2018$5,067$389,277
2017$5,261$389,277

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-2690426
2
/10

  • Eisenhower Elementary

  • 1001 Highway 7

  • 1.07 miles

  • Public District Grades KG-6

High School

school-card-donut-2690427
4
/10

  • Hopkins North Junior High

  • 10700 Cedar Lake Rd

  • 1.58 miles

  • Public District Grades 7-9

school-card-donut-2690428
6
/10

  • Hopkins High School

  • 2400 Lindbergh Dr

  • 1.89 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 $104,577. Typical income of Minnetonka, MN residents is between $100k-200k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3705 Arbor Ln

What is the listing price of this property?

The listing price of 3705 Arbor Ln property is $600,000.

What type of property is this?

The property 3705 Arbor Ln is a house located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Active Listing: 3705 Arbor Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3705 Arbor Ln are:
Eisenhower Elementary: GreatSchools Rating 2/10
Hopkins North Junior High: GreatSchools Rating 4/10
Hopkins High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,853 (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 17, 2017 for $415,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3705 Arbor Ln has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 3705 Arbor Ln is 3,606 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3705 Arbor Ln is 1956.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55305›3705 Arbor Ln

This home is located at 3705 Arbor Ln in Minnetonka, MN and zip code 55305. This 3,606 square foot home was built in 1956. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $600,000.

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. The number of homes for sale in Minnetonka, MN increased by 10.9% between February 2024 and March 2024. The median list price of listings available in March 2024 was $465,250, while the average time on the real estate market was 34 days.

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

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