new - 2 days on rocket

1540 Arm Dr, Orono, MN, 55364

$299,000

Home List Price

$3,551*

Closing Credit

2 Bedrooms
1 Full Bath
932 SqFt
$321/SqFt
House

Location

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1540 Arm Dr, Orono$299,000

Buyer Closing Credits

$3,551*

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 #6642052
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! Just one block from the beach, 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 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 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: $299,000
  • Price Per SqFt: $321/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

53

# of Sold Homes

14

1540 Arm Dr vs Orono

2 DAYS ON ROCKET

-51 Days

$299,000

-$826K Less

$321/SqFt

+$34 More

KEY TAKEAWAY

This property is $826K less than the Median Sold Price and $34/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: #6642052

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 12/23/2024, 9:22:49 AM 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.

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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-1169840
7
/10

  • Shirley Hills Primary School

  • 2450 Wilshire Blvd

  • 1.95 miles

  • Public District Grades PK-4

school-card-donut-1169841
9
/10

  • Hilltop Primary School

  • 5700 Game Farm Rd E

  • 2.21 miles

  • Public District Grades PK-4

school-card-donut-1169842
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. 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 1540 Arm Dr

What is the listing price of this property?

The listing price of 1540 Arm Dr property is $299,000.

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 December 20, 2024 and is currently priced at $299,000.

In November 2024, from all listings sold in Orono, MN there were more than 2 sold above asking price, over 8 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Orono, MN between October 2024 and November 2024 decreased by 7.1%. In November 2024 median list price was $1,125,000 and the average listing age was 53 days.

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

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