12 days on rocket

10511 Cedar Lake Rd Unit 301, Minnetonka, MN, 55305

$224,900

Home List Price

$2,671*

Closing Credit

3 Bedrooms
1 Full Bath
1,486 SqFt
$151/SqFt
Condo

Location

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10511 Cedar Lake Rd Unit 301, Minnetonka$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Paved, Secured, Storage, Underground
Attached Garage1 space
Year Built1975
HeatingBaseboard, Steam, Radiant
CoolingWall Unit(s)
WaterfrontPond
FireplaceElectric, Living Room
MLS #6622082
StatusActive

About 10511 Cedar Lake Rd Unit 301

Rare offering of larger 3 bedroom corner unit with 2 large balconies with southern & western exposure. 3rd bedroom currently used as library. Access to both patios via dining room, living room & primary suite. Calming views of pond & fountain to the west. Private primary bath includes washer & dryer(new in 2/22) for great convenience as well as shared hall laundry if needed. Same owner for 21 years so could benefit from some cosmetic updates. Kitchen features abundant cabinet and storage space and wall pantry. 2 updated wall A/C units. Updated electric and panel in unit. Additional locked storage in 3rd level laundry area and in front of parking space #301. Take advantage of the many association amenities including indoor & outdoor pools, sauna, whirlpool tub, exercise room, tennis courts, party room, and plenty of plush green space. There are 2 guest suites available for rent for your occasional out of town guests. Monthly association dues includes heat, sewer & water and all shared amenities.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 1,486 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Basement: No
  • Fireplace: Electric, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Pond

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Paved, Secured, Storage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Radiant
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Hopkins North Junior High, Public District Grades 7-9
  • Hopkins High School, Public District Grades 10-12
  • L.H. Tanglen Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: Hwy 169 to Cedar Lake Rd - go west to Greenbrier Rd - go south to building 10511 on your right - enter building to lockbox in wood storage box.

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $151/SqFt

HOA Fees:

  • Amount: $642
  • 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

$496.7K

Med. Price/SqFt

$216

Avg. Days On Market

28

# of Sold Homes

63

10511 Cedar Lake Rd Unit 301 vs Minnetonka

12 DAYS ON ROCKET

-16 Days

$224,900

-$271.8K Less

$151/SqFt

-$65 Less

KEY TAKEAWAY

This property is $271.8K less than the Median Sold Price and $65/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: #6622082

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/5/2024, 8:22:47 AM 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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$1,832

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-1991171
4
/10

  • L.H. Tanglen Elementary

  • 10901 Hillside Ln W

  • 0.59 miles

  • Public District Grades KG-6

High School

school-card-donut-1991172
4
/10

  • Hopkins North Junior High

  • 10700 Cedar Lake Rd

  • 0.15 miles

  • Public District Grades 7-9

school-card-donut-1991173
6
/10

  • Hopkins High School

  • 2400 Lindbergh Dr

  • 0.46 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 $52,105. The majority of Minnetonka, MN residents have income between $35k-100k annually. The majority of families are 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 10511 Cedar Lake Rd Unit 301

What is the listing price of this property?

The listing price of 10511 Cedar Lake Rd Unit 301 property is $224,900.

What type of property is this?

The property 10511 Cedar Lake Rd Unit 301 is a condo located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Active Listing: 10511 Cedar Lake Rd Unit 301 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 10511 Cedar Lake Rd Unit 301 are:
L.H. Tanglen Elementary: GreatSchools Rating 4/10
Hopkins North Junior High: GreatSchools Rating 4/10
Hopkins High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 10511 Cedar Lake Rd Unit 301 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 10511 Cedar Lake Rd Unit 301 is 1,486 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10511 Cedar Lake Rd Unit 301 is 1975.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55305›10511 Cedar Lake Rd Unit 301

This home is located at 10511 Cedar Lake Rd Unit 301 in Minnetonka, MN and zip code 55305. This 1,486 square foot home was built in 1975. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $224,900.

In October 2024, from all listings sold in Minnetonka, MN there were more than 17 sold above asking price, over 31 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Minnetonka, MN increased by 11.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 28 days, the median list price was $496,725.

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

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