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$749,900   Price Analysis
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5742 Shady Oak Rd S Unit 6
Minnetonka, MN 55343
2 bed 2 bath 2,317 SqFt ($323/SqFt)
1.0 acre lot. Built 2023
Listed 2024-03-21, HOA $789
Ⓧ USDA Ineligible
due to location

near Minnetonka

Spectacular Brand-Brand new Minnetnka Condo/Townhome Hybrid!

A private 2 car garage and no common walls separates this well-designed condo style from all others. The semi-private elevator serves 4 residences. No long hallways and a generous sized flex room for storage, exercise room, woodworking, etc. for the ultimate maint. free lifestyle. Walkable to restaurants, shops and the popular Lone Lake Park featuring 8 pickle ball courts, tennis courts and extensive walking trails.

This fantastic location provides quick access to 169, Crosstown 62 and 494 making drive times to downtown, the airport etc. as convenient as it gets. Seller will buy down the rate on a 7-6 ARM to 5.99% (rate on 5.17.24) Rates vary daily. Also, Seller will contribute 36 months of the current HOA monthy reserve funding amount to Buyers HOA account at closing ($11, 124), saving $309 per month in HOA fees for 3 years. Photos/Tour are from similar unit. See supplements for floorplans, prices and monthly payment example.


Presented by David Carlson at
Gatehouse Properties LTD.


Property MLS #6504867 from NorthstarMLS

Bedrooms: 2

Total Rooms: 7
Basement Features: Drain Tiled, Finished (Livable), Full, Poured Concrete, Single Tenant Access, Storage Space
Family Room Features: Great Room, Main Level

Air-To-Air Exchanger
Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan/Hood
Gas Water Heater
Microwave
Range
Refrigerator
Washer

Cooling Features: Central
Heating Features: Forced Air
Heating Fuel: Natural Gas

Full Bathrooms: 1
3/4 Bathrooms: 1

Dining Room Features: Breakfast Bar, Informal Dining Room

Brick/Stone
Fiber Board
Road Frontage Type: County, Paved Streets
Road Responsibility: Association Maintained Road

Land Lease Amount Frequency: No
Lot Description: Tree Coverage - Medium, Underground Utilities, Zero Lot Line
Lot Size Acres: 1.0
Lot Size Dimensions: common
Lot Size Square Feet: 43560

Garage Spaces: 2
Parking Features: Assigned, Attached Garage, Driveway - Asphalt, Garage Door Opener
Garage Dimensions: 22 x 22
Garage Sqft: 575

Balcony
Ceiling Fan(s)
Hardwood Floors
In-Ground Sprinkler
Indoor Sprinklers
Kitchen Center Island
Kitchen Window
Main Floor Primary Bedroom

Association: Yes
Association Amenities: Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Security Building
Association Fee: 789
Association Fee Frequency: Monthly
Association Fee Includes: Hazard Insurance, Lawn Care, Outside Maintenance, Sanitation, Security System, Snow Removal, Water/Sewer
Calculated Total Monthly Association Fees: 789
Association Name: VILLAS at OAK CoV
Cats Allowed: Yes
Dogs Allowed: Yes

School District: 270 - Hopkins

Gatewood Elementary School is a public elementary school located approximately 2.2 miles away.
directions icon Map directions

Hopkins West Junior High School is a public middle school located approximately 2.5 miles away.
directions icon Map directions

Hopkins Senior High School is a public high school located approximately 4 miles away.
directions icon Map directions

International School of Minnesota is a private elementary, middle and high school located approximately 1 miles away.
directions icon Map directions

The International School of Minnesota LLC is a private elementary, middle and high school located approximately 1 miles away.
directions icon Map directions

Annual Tax Amount: 11559.00
Source Listing Status: Active
County: Hennepin
Directions: 62 Crosstown to Shady Oak Rd, North to site
Tax Year: 2024
Restrictions: Architecture Committee, Easements, Mandatory Owners Assoc, Other Covenants, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Rental Restrictions May Apply
Source Property Type: Single Family
Property Subtype: townhouse
Source Neighborhood: OAK CoV Condominiums
Parcel Number: 3511722140275
Subdivision: OAK CoV Condominiums
Zoning: Residential-Single Family
Property Subtype: (TH) Quad/4 Corners
Source System Name: C2C

Listed 2024-03-21
$749,900
NorthstarMLS
Listing removed 2023-06-17
$0
NorthstarMLS
Listed 2023-02-13
$854,900
NorthstarMLS

Total Square Feet Living: 2317
Above Grade Finished Area: 2061
BelowGradeFinishedArea: 256
Construction Materials: Concrete, Stone
Foundation Area: 2061.00
New Construction: Yes
Property Age: 1
Property Condition: Completed New Construction
Roof: Age 8 Years or Less, Asphalt Shingles, Pitched
Levels or Stories: 1
Total Above Grade Sqft Area: 2061.00
Total Area Main: 2061.00
Total Below Grade Area: 256.00

Electric: Circuit Breakers
Sewer: City Sewer/Connected
Water Source: City Water/Connected

Accessibility Features: Elevator, No Stairs Internal
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.