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3924 Colgate Ave, Minnetonka, MN, 55345

$450,000

Home List Price

$5,344*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,205 SqFt
$204/SqFt
House

Location

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3924 Colgate Ave, Minnetonka$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Shared Driveway, Garage Door Opener, No Int Access to Dwelling
Attached Garage2 spaces
Year Built1962
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceWood Burning
MLS #6619094
StatusActive

About 3924 Colgate Ave

Welcome to your new home in a beautiful, mature neighborhood in the high demand Minnetonka School District! The main level boasts a spacious living room that flows seamlessly into an updated kitchen, featuring a stylish backsplash, butcher block countertops, and modern stainless-steel appliances. The large main level living room features a stacked stone fireplace, and hardwood floors that flow throughout the living room and dinning room. Upstairs, you'll find 4 good sized bedrooms and a full bath. The lower level features a generous sized living room with a charming brick fireplace, perfect for cozy gatherings, along with a walkout that leads directly to the expansive yard. Step outside on the main level to the large deck overlooking a sprawling half-acre lot surrounded by mature trees—ideal for outdoor fun and relaxation. With ample room to play and entertain, this home is a true gem. Don’t miss your chance to own this lovely property in a sought-after area! Schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Living Area: 2,205 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Shared Driveway, Garage Door Opener, No Int Access to Dwelling

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Minnetonka High School, Public District Grades 9-12
  • Minnetonka Middle School East, Public District Grades 6-8
  • Groveland Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: 101 to East on Ridgeview Dr. North on Dartmouth Dr, South on Colgate, house on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $5,005
  • 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

3924 Colgate Ave vs Minnetonka

10 DAYS ON ROCKET

-18 Days

$450,000

-$46.7K Less

$204/SqFt

-$12 Less

KEY TAKEAWAY

This property is $46.7K less 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: #6619094

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Property Sales & Tax

Listing History

Aug 01, 2017Home Sold
$349,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,005$367,200
2019$5,308$369,700
2018$4,673$324,000
2017$3,692$251,719

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-2003385
10
/10
  • Groveland Elementary

  • 17310 Minnetonka Blvd

  • 0.71 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2003386
9
/10
  • Minnetonka Middle School East

  • 17000 Lake Street Ext

  • 0.28 miles

  • Public District Grades 6-8

High School

school-card-donut-2003387
10
/10
  • Minnetonka High School

  • 18301 Highway 7

  • 1.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,392. The most common annual income of people living in Minnetonka, MN is between $100k-200k. The most common type of family is 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 3924 Colgate Ave

What is the listing price of this property?

The listing price of 3924 Colgate Ave property is $450,000.

What type of property is this?

The property 3924 Colgate Ave is a house located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 3924 Colgate Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3924 Colgate Ave are:
Groveland Elementary: GreatSchools Rating 10/10
Minnetonka Middle School East: GreatSchools Rating 9/10
Minnetonka High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,005 (source: MLS/based on county public records data).

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

The last sale was on August 1, 2017 for $349,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3924 Colgate Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 3924 Colgate Ave is 2,205 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3924 Colgate Ave is 1962.

Rocket HomesMinnesotaHennepin CountyMinnetonka553453924 Colgate Ave

This home is located at 3924 Colgate Ave in Minnetonka, MN and zip code 55345 in the Charlottewood neighborhood. This 2,205 square foot home was built in 1962. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $450,000.

Minnetonka, MN housing market in October 2024 saw over 17 listings sold above listed price, more than 15 sold at listed price and over 31 sold below. The inventory of homes for sale in Minnetonka, MN between September 2024 and October 2024 increased 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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