2 months on rocket

5742 Shady Oak Rd S Unit 5, Minnetonka, MN, 55343

$799,000

Home List Price

$9,488*

Closing Credit

2 Bedrooms
2 Full Baths
2,686 SqFt
$297/SqFt
Condo
Schools Nearby

Location

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5742 Shady Oak Rd S Unit 5, Minnetonka$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Covered, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Parking Lot, Tuckunder Garage
Attached Garage2 spaces
Year Built2022
HeatingForced Air, Space Heater(s)
CoolingCentral Air
BasementYes
MLS #6488149
StatusActive

About 5742 Shady Oak Rd S Unit 5

Welcome to Villas at Oak Cov! This is One of Two Penthouses in the 5742 Building with rare opportunity to walk into instant equity. Better than new construction, no waiting as many upgrades have already been completed, and only over a year old. Interior Designer was hired to add textured accent walls, shelving, blinds, furnishings, and affixed TV credenza w/ built-in lighting. Closet Company designed/installed a brand-new primary closet system. Condo has a unique second living room/work-from-home/flex room on main level - there is nothing like this out there! Tons of privacy with wooded acres behind this complex. Enjoy Minnesota's wildlife right out your back windows w/deer, wild turkeys, eagles, chipmunks, and birds of all colors. Just a 5-minute walk to Lone Lake Park which features 8 Pickleball, tennis courts, & walking trails. Property was purchased a year ago for $900,000. Seller is relocating, take advantage of this instant equity.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 2,686 SqFt

Listing Office:

  • Office Name: Keller Williams Select Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Microwave, Water Heater, Refrigerator, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Covered, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking, Parking Lot, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot, Many Trees, Few Trees, Underground Utilities, Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air, Space Heater(s)
  • 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
  • Gatewood Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Hopkins, Head south on Oak Glen Dr toward 1st St N, Turn right onto 1st St N, Turn left onto 5th Ave N, Turn right onto Excelsior Blvd, Turn left onto Shady Oak Rd, Turn right, Destination will be on the right, End at 5742 Shady Oak Rd, Minnetonka

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $297/SqFt

HOA Fees:

  • Amount: $887
  • 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

$468.7K

Med. Price/SqFt

$213

Avg. Days On Market

33

# of Sold Homes

51

5742 Shady Oak Rd S Unit 5 vs Minnetonka

67 DAYS ON ROCKET

+34 Days

$799,000

+$330.2K More

$297/SqFt

+$84 More

KEY TAKEAWAY

This property is $330.2K more than the Median Sold Price and $84/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: #6488149

Listing Office:

  • Office Name: Keller Williams Select Realty

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Last updated on: 5/1/2024, 8:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

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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-4394275
3
/10

  • Gatewood Elementary

  • 14900 Gatewood Dr

  • 2.14 miles

  • Public District Grades KG-6

High School

school-card-donut-4394276
3
/10

  • Hopkins West Junior High

  • 3830 Baker Rd

  • 2.54 miles

  • Public District Grades 7-9

school-card-donut-4394277
6
/10

  • Hopkins High School

  • 2400 Lindbergh Dr

  • 4.03 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 $99,750. The majority of Minnetonka, MN residents have income between $35k-100k annually. Typical family type 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 5742 Shady Oak Rd S Unit 5

What is the listing price of this property?

The listing price of 5742 Shady Oak Rd S Unit 5 property is $799,000.

What type of property is this?

The property 5742 Shady Oak Rd S Unit 5 is a condo located in Minnetonka, Minnesota, 55343.

Is this property for sale now?

Active Listing: 5742 Shady Oak Rd S Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5742 Shady Oak Rd S Unit 5 are:
Gatewood Elementary: GreatSchools Rating 3/10
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 5742 Shady Oak Rd S Unit 5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5742 Shady Oak Rd S Unit 5 is 2,686 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5742 Shady Oak Rd S Unit 5 is 2022.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55343›5742 Shady Oak Rd S Unit 5

This home is located at 5742 Shady Oak Rd S Unit 5 in Minnetonka, MN and zip code 55343. This 2,686 square foot home was built in 2022. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $799,000.

Over 18 listings were sold over their listed price in April 2024 in Minnetonka, MN. In the same period over 24 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Minnetonka, MN increased by 23.7% between March 2024 and April 2024. Listings spent 33 days on the market in April 2024, and had a median list price of $468,750 during the same period.

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

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