16 days on rocket

4836 Ridge Rd, Minnetonka, MN, 55345

$549,900

Home List Price

$6,530*

Closing Credit

4 Bedrooms
2 Full Baths
2,478 SqFt
$222/SqFt
House

Location

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4836 Ridge Rd, Minnetonka$549,900

Buyer Closing Credits

$6,530*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage2 spaces
Year Built1951
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Wood Burning
MLS #6635592
StatusActive

About 4836 Ridge Rd

Charming Rambler with Modern Updates in a Prime Location! This beautifully updated 4-bedroom rambler offers comfort and convenience in a quiet, family-friendly neighborhood. The main level features 3 bedrooms, refinished hardwood floors, fresh paint, and an updated kitchen with black stainless steel appliances and quartz countertops. Located just steps from Reich Park (newly renovated pickleball and tennis courts) and close to Excelsior, Wayzata, and Minnetonka Schools, this home is perfect for families. With a new roof and other recent updates, it’s move-in ready. Schedule your showing today and make this gem yours!

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Living Area: 2,478 SqFt

Listing Office:

  • Office Name: Bridge Realty, LLC

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on Hwy 7, north on Vinehill, right on Excelsior Blvd, left on Acorn Ridge, right on Chestnut Lane, left on Ridge Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,900
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $4,094
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$494.3K

Med. Price/SqFt

$216

Avg. Days On Market

37

# of Sold Homes

38

4836 Ridge Rd vs Minnetonka

16 DAYS ON ROCKET

-21 Days

$549,900

+$55.5K More

$222/SqFt

+$6 More

KEY TAKEAWAY

This property is $55.5K more than the Median Sold Price and $6/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: #6635592

Listing Office:

  • Office Name: Bridge Realty, LLC

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Last updated on: 12/18/2024, 5:22:50 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

Aug 18, 2021Home Sold
$443,145
Mar 26, 2020Home Sold
$367,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,094$305,200
2019$3,914$269,813
2018$3,810$261,093
2017$3,378$229,592

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-51103
8
/10
  • Deephaven Elementary

  • 4452 Vinehill Rd

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-51104
8
/10
  • Clear Springs Elementary

  • 5701 County Road 101

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-51105
9
/10
  • Scenic Heights Elementary

  • 5650 Scenic Heights Dr

  • 1.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,594. The most common annual income of people living in Minnetonka, MN is between $100k-200k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4836 Ridge Rd

What is the listing price of this property?

The listing price of 4836 Ridge Rd property is $549,900.

What type of property is this?

The property 4836 Ridge Rd is a house located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 4836 Ridge Rd 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 $4,094 (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 18, 2021 for $443,145. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4836 Ridge Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4836 Ridge Rd is 2,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4836 Ridge Rd is 1951.

Rocket HomesMinnesotaHennepin CountyMinnetonka553454836 Ridge Rd

This home is located at 4836 Ridge Rd in Minnetonka, MN and zip code 55345 in the Acorn Ridge neighborhood. This 2,478 square foot home was built in 1951. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $549,900.

While more than 16 listings in Minnetonka, MN in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 17 were sold below. The number of homes for sale in Minnetonka, MN decreased by 9.2% between October 2024 and November 2024. In November 2024 median list price was $494,333 and the average listing age was 37 days.

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

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