new - 7 days on rocket

5501 Mayview Rd, Minnetonka, MN, 55345

$499,900

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake
MLS #6632064
StatusActive

About 5501 Mayview Rd

Tear Down Home on site/ possible renovation, Handyman Project. Detached 3 car garage on site. Lender owned, EZ finance options with new construction build or renovation. Proposed Home to Be built 6-7 months from permit issue, custom drawn plan option available also. Possible Lot split with lot line adjustment.

Property Details

Property Features

Listing Office:

  • Office Name: Edina Realty, Inc.

Exterior Features

Exterior Information:

  • Waterfront: Lake

Lot Features

Lot Information:

  • Lot: Some Trees

Other

Directions Information:

  • Directions: Baker Road south to Mayview to 5501

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900

Tax Information:

  • Annual Amount: $3,886
  • 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

5501 Mayview Rd vs Minnetonka

7 DAYS ON ROCKET

-21 Days

$499,900

+$3.1K More

KEY TAKEAWAY

This property is $3.1K more than the Median Sold Price in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6632064

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/23/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,886$320,900
2019$3,802$289,324
2018$3,604$276,462
2017$3,593$265,453

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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-1116375
7
/10
  • Glen Lake Elementary

  • 4801 Woodridge Rd

  • 0.77 miles

  • Public District Grades KG-6

school-card-donut-1116376
3
/10
  • Gatewood Elementary

  • 14900 Gatewood Dr

  • 0.98 miles

  • Public District Grades KG-6

school-card-donut-1116377
7
/10
  • Forest Hills Elementary School

  • 13708 Holly Rd

  • 1.62 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,289. Typical income of Minnetonka, MN residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 Mayview Rd

What is the listing price of this property?

The listing price of 5501 Mayview Rd property is $499,900.

What type of property is this?

The property 5501 Mayview Rd is land located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 5501 Mayview 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 $3,886 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaHennepin CountyMinnetonka553455501 Mayview Rd

This home is located at 5501 Mayview Rd in Minnetonka, MN and zip code 55345 in the Beautiful Avondale neighborhood. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $499,900.

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 number of homes for sale in Minnetonka, MN increased by 11.3% between September 2024 and October 2024. 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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