27 days on rocket

4540 Fairview Ave, Minnetonka, MN, 55343

$459,900

Home List Price

$5,461*

Closing Credit

4 Bedrooms
1 Full Bath
2,040 SqFt
$225/SqFt
House
Schools Nearby

Location

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4540 Fairview Ave, Minnetonka$459,900

Buyer Closing Credits

$5,461*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage2 spaces
Year Built1950
HeatingBaseboard, Steam
CoolingCentral Air
BasementYes
MLS #6512725
StatusActive

About 4540 Fairview Ave

This fully remodeled home in a high-demand area boasts updated kitchen, bathrooms, flooring, and fresh paint. Upstairs offers a bright, open floorplan with oversized windows flooding the space with natural light, alongside 2 bedrooms and a bath. Downstairs features 2 more bedrooms and a modern bathroom. Prime location within walking distance to Junction Park with tennis courts, near Glen Lake Elementary, and an easy commute to Minneapolis.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 2,040 SqFt

Listing Office:

  • Office Name: HOMESTEAD ROAD

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Baseboard, Steam
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hopkins West Junior High, Public District Grades 7-9
  • Hopkins High School, Public District Grades 10-12
  • Glen Lake Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: From excelsior BLVD turn North on Fairview Ave, Property is on your left. Driveway is off of Junction Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $459,900
  • Price Per SqFt: $225/SqFt
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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

4540 Fairview Ave vs Minnetonka

27 DAYS ON ROCKET

-7 Days

$459,900

-$5.3K Less

$225/SqFt

+$13 More

KEY TAKEAWAY

This property is $5.3K less than the Median Sold Price and $13/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: #6512725

Listing Office:

  • Office Name: HOMESTEAD ROAD

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2020 - -

History based on county public records data.

Payment Calculator

$2,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,445

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NMLS#3030

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-4013737
7
/10

  • Glen Lake Elementary

  • 4801 Woodridge Rd

  • 1.16 miles

  • Public District Grades KG-6

High School

school-card-donut-4013738
3
/10

  • Hopkins West Junior High

  • 3830 Baker Rd

  • 1.11 miles

  • Public District Grades 7-9

school-card-donut-4013739
6
/10

  • Hopkins High School

  • 2400 Lindbergh Dr

  • 2.81 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 $99,507. The majority of Minnetonka, MN residents have income between $100k-200k annually. The most common type of family is married, no kids. 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 4540 Fairview Ave

What is the listing price of this property?

The listing price of 4540 Fairview Ave property is $459,900.

What type of property is this?

The property 4540 Fairview Ave is a house located in Minnetonka, Minnesota, 55343.

Is this property for sale now?

Active Listing: 4540 Fairview Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4540 Fairview Ave are:
Glen Lake Elementary: GreatSchools Rating 7/10
Hopkins West Junior High: GreatSchools Rating 3/10
Hopkins High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 4540 Fairview Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4540 Fairview Ave is 2,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4540 Fairview Ave is 1950.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55343›4540 Fairview Ave

This home is located at 4540 Fairview Ave in Minnetonka, MN and zip code 55343. This 2,040 square foot home was built in 1950. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $459,900.

In March 2024 more than 17 listings in Minnetonka, MN were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 14 were sold below. The inventory of homes for sale in Minnetonka, MN between February 2024 and March 2024 increased by 10.9%. 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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