16 days on rocket

5754 Shady Oak Rd S Unit 2, Minnetonka, MN, 55343

$869,900

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
2,292 SqFt
$380/SqFt
Condo
Schools Nearby

Location

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5754 Shady Oak Rd S Unit 2, Minnetonka$869,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Asphalt, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6517856
StatusActive

About 5754 Shady Oak Rd S Unit 2

Spectacular Brand-New Minnetonka Condo/Townhome Hybrid! A private 2 car garage and no common walls separates this well-designed condo style from all others. The semi-private elevator serves just 4 residences. No long hallways and a generous sized flex room for storage, exercise room, woodworking, etc. for the ultimate maint. free lifestyle. Walkable to restaurants, shops and the popular Lone Lake Park featuring 8 pickle ball courts, tennis courts and extensive walking trails. This fantastic location provides quick access to 169, Crosstown 62 and 494 making drive times to downtown, the airport etc. as convenient as it gets. Seller will buy down the rate on a 7-1 ARM to 5.75% (rate on 3.20.24) Rates vary daily. Also, Seller will contribute 36 months of the current HOA m reserve funding amount to Buyers HOA account at closing, saving $309 per month in HOA fees for 3 years! Photos/Tour are from similar unit. See supplements for floorplans, prices and monthly payment example.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 2,292 SqFt

Listing Office:

  • Office Name: Gatehouse Properties LTD

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Asphalt, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees, Underground Utilities, Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: 62 Crosstown to Shady Oak Rd, North to site

Price Information

Listing Price Info

Price Summary:

  • List Price: $869,900
  • Price Per SqFt: $380/SqFt

HOA Fees:

  • Amount: $944
  • 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

$465.2K

Med. Price/SqFt

$212

Avg. Days On Market

34

# of Sold Homes

41

5754 Shady Oak Rd S Unit 2 vs Minnetonka

16 DAYS ON ROCKET

-18 Days

$869,900

+$404.6K More

$380/SqFt

+$168 More

KEY TAKEAWAY

This property is $404.6K more than the Median Sold Price and $168/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: #6517856

Listing Office:

  • Office Name: Gatehouse Properties LTD

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Last updated on: 4/29/2024, 6:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,353

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,675

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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-3262472
3
/10

  • Gatewood Elementary

  • 14900 Gatewood Dr

  • 2.16 miles

  • Public District Grades KG-6

High School

school-card-donut-3262473
3
/10

  • Hopkins West Junior High

  • 3830 Baker Rd

  • 2.59 miles

  • Public District Grades 7-9

school-card-donut-3262474
6
/10

  • Hopkins High School

  • 2400 Lindbergh Dr

  • 4.06 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. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5754 Shady Oak Rd S Unit 2

What is the listing price of this property?

The listing price of 5754 Shady Oak Rd S Unit 2 property is $869,900.

What type of property is this?

The property 5754 Shady Oak Rd S Unit 2 is a condo located in Minnetonka, Minnesota, 55343.

Is this property for sale now?

Active Listing: 5754 Shady Oak Rd S Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5754 Shady Oak Rd S Unit 2 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 5754 Shady Oak Rd S Unit 2 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5754 Shady Oak Rd S Unit 2 is 2,292 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5754 Shady Oak Rd S Unit 2 is 2023.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55343›5754 Shady Oak Rd S Unit 2

This home is located at 5754 Shady Oak Rd S Unit 2 in Minnetonka, MN and zip code 55343. This 2,292 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $869,900.

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 listings in Minnetonka, MN increased by 10.9% between February 2024 and March 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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