1 month on rocket

Sale Pending

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
StatusSale Pending
(Pending)

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

$494.3K

Med. Price/SqFt

$216

Avg. Days On Market

37

# of Sold Homes

38

10531 Cedar Lake Rd Unit 303 vs Minnetonka

43 DAYS ON ROCKET

+6 Days

$185,000

-$309.3K Less

$159/SqFt

-$57 Less

KEY TAKEAWAY

This property is $309.3K 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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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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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: 12/26/2024, 9:22:51 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-1699602
4
/10
  • L.H. Tanglen Elementary

  • 10901 Hillside Ln W

  • 0.52 miles

  • Public District Grades KG-6

school-card-donut-1699603
8
/10
  • Park Spanish Immersion Elementary School

  • 9400 Cedar Lake Rd S

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-1699604
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. 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 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?

Sale Pending: 10531 Cedar Lake Rd Unit 303 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

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.

In November 2024, from all listings sold in Minnetonka, MN there were more than 16 sold above asking price, over 17 sold below and more than 5 were sold right at the asked price. Between October 2024 and November 2024, Minnetonka, MN real estate market has seen decrease in the number of listings by 9.2%. While the average time on the market in November 2024 was 37 days, the median list price was $494,333.

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

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