new - 4 days on rocket

10531 Cedar Lake Rd Unit 303, Minnetonka, MN, 55305

$185,000

Home List Price

$2,197*

Closing Credit

2 Bedrooms
2 Full Baths
1,165 SqFt
$159/SqFt
Condo

Location

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10531 Cedar Lake Rd Unit 303, Minnetonka$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage1 space
Year Built1975
HeatingBaseboard
CoolingWall Unit(s)
MLS #6620046
StatusActive

About 10531 Cedar Lake Rd Unit 303

Great condo with 2 large bedrooms and 2 bathrooms. In unit laundry, huge living room, lots of windows and natural light! Large screened in deck minimizes bugs while you enjoy the outdoors! Brand new carpet, light fixtures and bathroom mirror give this condo a great refresh! Come put your personal touches on it! Some of the images have been virtually staged.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 1,165 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Underground

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Cedar lake rd to greenbriar, first right into parking lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $159/SqFt

HOA Fees:

  • Amount: $526
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minnetonka, MN.

Med. Sold Price

$496.7K

Med. Price/SqFt

$216

Avg. Days On Market

28

# of Sold Homes

63

10531 Cedar Lake Rd Unit 303 vs Minnetonka

4 DAYS ON ROCKET

-24 Days

$185,000

-$311.7K Less

$159/SqFt

-$57 Less

KEY TAKEAWAY

This property is $311.7K less than the Median Sold Price and $57/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: #6620046

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 11/17/2024, 9:22:48 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

$1,517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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.

Nearby Schools

school-card-donut-558753
4
/10
  • L.H. Tanglen Elementary

  • 10901 Hillside Ln W

  • 0.52 miles

  • Public District Grades KG-6

school-card-donut-558754
8
/10
  • Park Spanish Immersion Elementary School

  • 9400 Cedar Lake Rd S

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-558755
2
/10
  • Eisenhower Elementary

  • 1001 Highway 7

  • 1.27 miles

  • Public District Grades KG-6

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. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10531 Cedar Lake Rd Unit 303

What is the listing price of this property?

The listing price of 10531 Cedar Lake Rd Unit 303 property is $185,000.

What type of property is this?

The property 10531 Cedar Lake Rd Unit 303 is a condo located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Active Listing: 10531 Cedar Lake Rd Unit 303 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 10531 Cedar Lake Rd Unit 303 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 10531 Cedar Lake Rd Unit 303 is 1,165 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10531 Cedar Lake Rd Unit 303 is 1975.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55305›10531 Cedar Lake Rd Unit 303

This home is located at 10531 Cedar Lake Rd Unit 303 in Minnetonka, MN and zip code 55305. This 1,165 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $185,000.

Over 17 listings were sold over their listed price in October 2024 in Minnetonka, MN. In the same period over 31 listings were sold below the listed price and 15 listings were sold for the listed price. The number of homes for sale in Minnetonka, MN increased by 11.3% between September 2024 and October 2024. In October 2024 median list price was $496,725 and the average listing age was 28 days.

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

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