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1540 Arm Dr, Orono, MN, 55364

$349,900

Home List Price

$4,155*

Closing Credit

2 Bedrooms
1 Full Bath
932 SqFt
$375/SqFt
House

Location

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1540 Arm Dr, Orono$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel
Garage2 spaces
Year Built1930
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6611225
StatusActive

About 1540 Arm Dr

This is the one you have been waiting for, a completely remodeled home in sought after Orono just steps away from Lake Minnetonka! Absolutely nothing skipped in this home, the lake life awaits! Featuring 2 bedrooms, 1 bathroom, 932 TFSF plus an oversized 2 car garage! The home greets you with bright natural light, solid White Oak hardwood floors, stunning detail work & open concept living, don't let the square footage fool you, it lives larger than you'd think. Featuring 2 bedrooms, 1 bathroom, a gorgeous custom kitchen w/ designer appliances and large. fenced-in backyard. Brand new 22x16 deck perfect for entertaining! Additional space to the right side of your 2 car garage is large enough to house that boat you've been eyeing. Not only is the home updated cosmetically, it has new windows, new roof, new siding, new garage door, brand new sewer line, the list goes on! Such an opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 932 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Water Heater, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: N Shore Drive to N Arm Drive to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $375/SqFt
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Housing Market Comparison

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

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Orono, MN

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$287

Avg. Days On Market

54

# of Sold Homes

16

1540 Arm Dr vs Orono

52 DAYS ON ROCKET

-2 Days

$349,900

-$780.1K Less

$375/SqFt

+$88 More

KEY TAKEAWAY

This property is $780.1K less than the Median Sold Price and $88/SqFt more than other homes in Orono, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6611225

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 11/22/2024, 11:52:48 PM 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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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-791846
7
/10

  • Shirley Hills Primary School

  • 2450 Wilshire Blvd

  • 1.95 miles

  • Public District Grades PK-4

school-card-donut-791847
9
/10

  • Hilltop Primary School

  • 5700 Game Farm Rd E

  • 2.21 miles

  • Public District Grades PK-4

school-card-donut-791848
7
/10

  • Orono Intermediate School

  • 685 N Old Crystal Bay Rd

  • 3.14 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,750. The most common annual income of people living in Orono, MN is between $35k-100k. Most families are married, no kids. 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 1540 Arm Dr

What is the listing price of this property?

The listing price of 1540 Arm Dr property is $349,900.

What type of property is this?

The property 1540 Arm Dr is a house located in Orono, Minnesota, 55364.

Is this property for sale now?

Active Listing: 1540 Arm Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1540 Arm Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1540 Arm Dr is 932 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1540 Arm Dr is 1930.

Rocket Homes›Minnesota›Hennepin County›Orono›55364›1540 Arm Dr

This home is located at 1540 Arm Dr in Orono, MN and zip code 55364 in the North Arm neighborhood. This 932 square foot home was built in 1930. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $349,900.

Orono, MN housing market in October 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 12 sold below. The inventory of homes for sale in Orono, MN between September 2024 and October 2024 increased by 10.5%. In October 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $1,130,000.

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

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