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$649,000   Price Analysis
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506 Lombardy Ln
Minnetonka, MN 55305
4 bed 4 bath 3,482 SqFt ($186/SqFt)
0.45 acre lot. Built 1950
Listed 2024-07-09, Taxes $6,901
Ⓧ USDA Ineligible
due to location

near Minnetonka

Welcome to 506 Lombardy Lane.

This big modern-style rambler boasts over 2, 300 sq ft on the main level and an additional 2, 300 sq ft on the lower level, with the option to finish over 1, 000 sq ft of space in the basement. The updated kitchen is charming and the fantastic primary bathroom features a jetted tub and a large separate shower. The main floor includes a generous family area that could double as a studio.

Outdoor entertaining is a delight with tw patios, two decks and an inviting gazebo. The rear and side yards are lined with trees, offering pleasant privacy. Recent updates include interior paint, HVAC, a newer roof, landscaping enhancements, updated bathrooms, a tankless water heater and improvements to the chimney and brickwork. Located in the highly regarded Wayzata school district, this home is surrounded by parks, trails and local amenities/shopping. Don't miss out on this must-see property.


Presented by Brent Nordstrom at
Lakes Area Realty.
Listing Agent Photo

Property MLS #6566052 from NorthstarMLS

Bedrooms: 4

Total Rooms: 16
Basement Features: Drain Tiled, Egress Windows, Finished (Livable), Full, Unfinished
Family Room Features: Lower Level, Main Level

Central Vacuum
Dishwasher
Disposal
Dryer
Exhaust Fan/Hood
Freezer
Furnace Humidifier
Microwave
Range
Refrigerator
Washer
Water Softener - Owned

Cooling Features: Central
Fireplace Features: Living Room, Wood Burning
Heating Features: Forced Air
Heating Fuel: Natural Gas
Number of Fireplaces: 1

Full Bathrooms: 2
1/2 Bathrooms: 1
3/4 Bathrooms: 1

Dining Room Features: Informal Dining Room

Aluminum Siding
Road Frontage Type: City

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Acres: 0.45
Lot Size Dimensions: 130x150
Lot Size Square Feet: 19602

Garage Spaces: 2
Parking Features: Finished Garage, Attached Garage, Driveway - Asphalt
Garage Dimensions: 22 x 22
Garage Sqft: 484

Association: No
Calculated Total Monthly Association Fees: 0

School District: 284 - Wayzata

Sunset Hill Elementary School is a public elementary school located approximately 0.3 miles away.
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Wayzata East Middle School is a public middle school located approximately 0.5 miles away.
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Wayzata High School is a public high school located approximately 5.8 miles away.
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Fourth Baptist Christian School is a private elementary, middle and high school located approximately 1.2 miles away.
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Annual Tax Amount: 7952.00
Source Listing Status: Active
County: Hennepin
Directions: 394 to North on Plymouth Road, East on Fairfield, North on Lombardy
Tax Year: 2024
Source Property Type: Single Family
Parcel Number: 0311722110030
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$331,700 + $184,000
$515,700
$6,901
2021$305,800 + $184,000
$489,800
$6,477
2020$283,000 + $184,000
$467,000
$6,408
2019$263,200 + $184,000
$447,200
$6,097
2018$247,200 + $175,000
$422,200
$5,882
2017$unknown + $unknown
$389,713
$5,403
2016$unknown + $unknown
$356,904
$5,023
2015$unknown + $unknown
$359,738
$5,188
2014$unknown + $unknown
$379,685
$5,592
2013$unknown + $unknown
$360,719
$5,246
2012$unknown + $unknown
$393,964
$5,526
2011$263,000 + $150,000
$413,000
$5,488
2010$289,600 + $150,000
$439,600
$5,439
2009$295,000 + $150,000
$445,000
$5,211
2008$146,100 + $100,000
$246,100
$2,593
2007$146,100 + $100,000
$246,100
$2,643

Price Changed 2024-07-22
$649,000
NorthstarMLS
Listed 2024-07-09
$675,000
NorthstarMLS
Sold 2014-03-04
$349,900
NorthstarMLS
Listing removed 2013-10-09
$349,900
Arrowhead
Listed 2013-07-29
$349,900
Arrowhead
Listed 2013-07-29
$349,900
NorthstarMLS
Sold 1993-11-02
$98,000
Public Record

Total Square Feet Living: 3482
Above Grade Finished Area: 2320
BelowGradeFinishedArea: 1162
Foundation Area: 2320.00
Property Age: 74
Property Condition: Previously Owned
Roof: Age 8 Years or Less, Asphalt Shingles
Levels or Stories: 1
Total Above Grade Sqft Area: 2320.00
Total Area Main: 2320.00
Total Below Grade Area: 2320.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
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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.