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11705 Live Oak Dr, Minnetonka, MN, 55305

$705,000

Home List Price

$8,372*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
3,462 SqFt
$204/SqFt
House

Location

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11705 Live Oak Dr, Minnetonka$705,000

Buyer Closing Credits

$8,372*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage2 spaces
Year Built1956
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Wood Burning
MLS #6606232
StatusActive

About 11705 Live Oak Dr

Seller wants it sold! Take advantage of some closing costs covered or a 2/1 rate buy-down if closed before Thanksgiving, on top of the already reduced price. Don’t miss this fantastic opportunity to make this Sherwood Forest gem your own.** Experience refined luxury in this beautifully updated home, perched on a private lot with charming curb appeal at the top of a hill in the highly desired Sherwood Forest neighborhood. Perfectly situated just 10 minutes from downtown Minneapolis, Ridgedale Shopping Center, and popular local dining, this home offers the best of both worlds—a peaceful, up-north ambiance with easy access to the city, West End, and Downtown Wayzata. The hilltop setting includes a steep driveway, adding to its picturesque appeal. If a little incline doesn’t deter you, it’s nothing that a 4-wheel drive vehicle and a set of Blizzak winter tires won’t handle—plus, the seller will include two sets at closing. This home features a unique floor plan (see photos) and flexible spaces, and with the recent *$90,000 price reduction,* there’s ample opportunity to update the first floor to your taste. At the heart of the home is the newly remodeled kitchen with high-end Viking appliances, sleek countertops, and generous storage for all your culinary needs. On the upper level, the impressive primary suite includes a spa-like, newly updated bathroom with heated floors and a spacious custom walk-in closet. In total, the home offers 3 bedrooms, an office, and a rec room, while the finished basement includes the 3rd bedroom, 2 additional baths, and cozy heated floors. Recently refinished Australian Cypress wood floors add warmth and elegance throughout. Outside, the low-maintenance backyard features a brand-new deck, perfect for relaxing or entertaining. An oversized heated garage and freshly stained front and garage doors complete this exceptional Sherwood Forest property.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 3,462 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Family Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Many Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Hopkins crossroad to Live Oak Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $705,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $5,818
  • Tax Year: 2020
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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

11705 Live Oak Dr vs Minnetonka

45 DAYS ON ROCKET

+17 Days

$705,000

+$208.2K More

$204/SqFt

-$12 Less

KEY TAKEAWAY

This property is $208.2K more than the Median Sold Price and $12/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: #6606232

Listing Office:

  • Office Name: Compass

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Last updated on: 11/5/2024, 9:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 04, 2019Home Sold
$524,900
Mar 15, 2018Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,818$469,300
2019$5,725$437,600
2018$5,227$403,011
2017$5,095$378,377

History based on county public records data.

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$3,586

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,180

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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-1985314
4
/10
  • L.H. Tanglen Elementary

  • 10901 Hillside Ln W

  • 0.61 miles

  • Public District Grades KG-6

High School

school-card-donut-1985315
6
/10
  • Hopkins High School

  • 2400 Lindbergh Dr

  • 0.85 miles

  • Public District Grades 10-12

school-card-donut-1985316
4
/10
  • Hopkins North Junior High

  • 10700 Cedar Lake Rd

  • 0.89 miles

  • Public District Grades 7-9

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,356. Residents of Minnetonka, MN typically earn $200k+ each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11705 Live Oak Dr

What is the listing price of this property?

The listing price of 11705 Live Oak Dr property is $705,000.

What type of property is this?

The property 11705 Live Oak Dr is a house located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Active Listing: 11705 Live Oak Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11705 Live Oak Dr are:
L.H. Tanglen Elementary: GreatSchools Rating 4/10
Hopkins High School: GreatSchools Rating 6/10
Hopkins North Junior High: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,818 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 4, 2019 for $524,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11705 Live Oak Dr has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 11705 Live Oak Dr is 3,462 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11705 Live Oak Dr is 1956.

Rocket HomesMinnesotaHennepin CountyMinnetonka5530511705 Live Oak Dr

This home is located at 11705 Live Oak Dr in Minnetonka, MN and zip code 55305 in the Sherwood Forest neighborhood. This 3,462 square foot home was built in 1956. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $705,000.

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. Between September 2024 and October 2024, Minnetonka, MN real estate market has seen increase in the number of listings by 11.3%. The median list price of listings available in October 2024 was $496,725, while the average time on the real estate market was 28 days.

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

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