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4703 Fairhills Rd E, Minnetonka, MN, 55345

$825,000

Home List Price

$9,797*

Closing Credit

4 Bedrooms
1 Full Bath
3,251 SqFt
$254/SqFt
House

Location

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4703 Fairhills Rd E, Minnetonka$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener
Attached Garage2 spaces
Year Built1954
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room
MLS #6636365
StatusActive

About 4703 Fairhills Rd E

Welcome to 4703 Fairhills Road East in Minnetonka! This move-in-ready home is situated in a serene neighborhood on a beautiful 0.55-acre wooded lot. Fantastic fenced backyard! Spacious living room with fireplace, gorgeous kitchen, and dining. One of the best spaces in the home is the sunroom with amazing backyard views! Main floor primary bedroom suite. Two bedrooms upstairs with 3/4 bath. Lower level family room with fireplace, 4th bedroom/office, 3/4 bathroom, private sauna and laundry. Features include elegant Italian porcelain tile in the kitchen, mud room, 240V electric car charging station in the garage, double-paned windows, and much more. The recently remodeled upper level makes this home truly turnkey. Award winning Minnetonka schools! The seller will provide a one-year home warranty with the purchase of the home.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Living Area: 3,251 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 7, South on Fairhills Road E to home on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $254/SqFt

Tax Information:

  • Annual Amount: $4,521
  • Tax Year: 2020
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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

$494.3K

Med. Price/SqFt

$216

Avg. Days On Market

37

# of Sold Homes

38

4703 Fairhills Rd E vs Minnetonka

3 DAYS ON ROCKET

-34 Days

$825,000

+$330.6K More

$254/SqFt

+$38 More

KEY TAKEAWAY

This property is $330.6K more than the Median Sold Price and $38/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: #6636365

Listing Office:

  • Office Name: Lakes Sotheby's International

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Last updated on: 12/17/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 20, 2009Home Sold
$118,074
May 20, 2009Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,521$328,800
2019$4,125$287,300
2018$3,809$264,100
2017$3,829$264,100

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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.

Nearby Schools

school-card-donut-4372136
7
/10

  • Glen Lake Elementary

  • 4801 Woodridge Rd

  • 1.06 miles

  • Public District Grades KG-6

school-card-donut-4372137
9
/10

  • Scenic Heights Elementary

  • 5650 Scenic Heights Dr

  • 1.38 miles

  • Public District Grades KG-5

school-card-donut-4372138
3
/10

  • Gatewood Elementary

  • 14900 Gatewood Dr

  • 1.55 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 $117,803. Residents of Minnetonka, MN typically earn between $100k-200k each year. 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 4703 Fairhills Rd E

What is the listing price of this property?

The listing price of 4703 Fairhills Rd E property is $825,000.

What type of property is this?

The property 4703 Fairhills Rd E is a house located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 4703 Fairhills Rd E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,521 (source: MLS/based on county public records data).

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

The last sale was on May 20, 2009 for $118,074. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4703 Fairhills Rd E has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 4703 Fairhills Rd E is 3,251 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4703 Fairhills Rd E is 1954.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55345›4703 Fairhills Rd E

This home is located at 4703 Fairhills Rd E in Minnetonka, MN and zip code 55345 in the Fair Hills neighborhood. This 3,251 square foot home was built in 1954. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $825,000.

In November 2024 more than 16 listings in Minnetonka, MN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 17 were sold below. In November 2024 in Minnetonka, MN there were 9.2% less homes for sale than in October 2024. While the average time on the market in November 2024 was 37 days, the median list price was $494,333.

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

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