2 months on rocket

3121 Fairchild Ave, Minnetonka, MN, 55391

$965,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,324 SqFt
$729/SqFt
House

Location

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3121 Fairchild Ave, Minnetonka$965,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage Door Opener
Garage1 space
Year Built1980
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontDock, Lake Front
FireplaceFamily Room, Wood Burning
ViewPanoramic
MLS #6591998
StatusActive

About 3121 Fairchild Ave

Why sit in cabin traffic...When you can vacation at home! Enjoy the Lake Minnetonka lifestyle and stunning panoramic views of the Minnehaha Creek wetlands. This stunning cottage is a 5 minute cruise by boat or car to picturesque Wayzata's charming restaurants and boutique shopping. This perfect in town retreat is the ideal cabin or sanctuary year-round home! Just steps to your private lake front and dock. This incredible opportunity to own such a magnificent piece of real estate, at this price, happens once in a generation. Your ship has come in...don't miss it!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 1,324 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Family Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Dock, Lake Front
  • View: Panoramic

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: County Road 101- Grays Bay Blvd- Continue as it becomes Fairchild Road- home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $965,000
  • Price Per SqFt: $729/SqFt
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Housing Market Comparison

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

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Minnetonka, MN

City

Med. Sold Price

$496.7K

Med. Price/SqFt

$216

Avg. Days On Market

28

# of Sold Homes

63

3121 Fairchild Ave vs Minnetonka

80 DAYS ON ROCKET

+52 Days

$965,000

+$468.2K More

$729/SqFt

+$513 More

KEY TAKEAWAY

This property is $468.2K more than the Median Sold Price and $513/SqFt more than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6591998

Listing Office:

  • Office Name: Coldwell Banker 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

We're sorry, we currently don't have sales or tax history data for this listing.

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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-809643
10
/10

  • Groveland Elementary

  • 17310 Minnetonka Blvd

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-809644
8
/10

  • Deephaven Elementary

  • 4452 Vinehill Rd

  • 2.40 miles

  • Public District Grades KG-5

school-card-donut-809645
7
/10

  • Glen Lake Elementary

  • 4801 Woodridge Rd

  • 2.51 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,647. Typical income of Minnetonka, MN residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3121 Fairchild Ave

What is the listing price of this property?

The listing price of 3121 Fairchild Ave property is $965,000.

What type of property is this?

The property 3121 Fairchild Ave is a house located in Minnetonka, Minnesota, 55391.

Is this property for sale now?

Active Listing: 3121 Fairchild Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3121 Fairchild Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3121 Fairchild Ave is 1,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3121 Fairchild Ave is 1980.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55391›3121 Fairchild Ave

This home is located at 3121 Fairchild Ave in Minnetonka, MN and zip code 55391 in the Libbs Lake neighborhood. This 1,324 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $965,000.

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 inventory of homes for sale in Minnetonka, MN between September 2024 and October 2024 increased by 11.3%. While the average time on the market in October 2024 was 28 days, the median list price was $496,725.

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

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