Hard to find one level living townhome in Minnetonka. More than 3000 finished sf. Located close to everything incl. parks, walking trails and lakes. Lake Forest development encompasses 8 acres with only 37 homes. End unit with windows on 3 sides, bring in plenty of natural light throughout. Dramatic entry, 2 story vault, living/dining combo, open floor plan, LVP flooring and wood burning fireplace. The home has been remodeled and improved over the past 20 years to include: Gourmet kitchen (2012) with upgraded stainless appliances, stand-alone icemaker, hard-wired stainless gas grill. Main Flr. Primary Suite with full bath with jetted tub, walk in shower, dual vanity sinks, granite countertop. Full walk-in closet. Upper lvl. BR has full bath. Loft area atop the stairs is currently used as an office. Lwr level has an abundance of finished space, another family room w/fireplace + workout area and storage area. Lwr. Lvl. BR is very spacious plus there is a ¾ bath updated 2023
Closed
$550,000
5507 Butternut Cir, Minnetonka, MN 55343
3beds
3,756sqft
Townhouse Side x Side
Built in 1988
3,484.8 Square Feet Lot
$591,600 Zestimate®
$146/sqft
$3,419 Estimated rent
Home value
$591,600
$562,000 - $621,000
$3,419/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: March 04, 2025 at 11:25pm
Listed by:
Weichert, Realtors-Advantage
Bought with:
Doyle Real Estate Team
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6480739
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17 x 15
Bedroom 2
- Level: Upper
- Area: 225 Square Feet
- Dimensions: 15 x 15
Bedroom 3
- Level: Lower
- Area: 224 Square Feet
- Dimensions: 16 x 14
Deck
- Level: Main
- Area: 200 Square Feet
- Dimensions: 20 x 10
Deck
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Family room
- Level: Lower
- Area: 408 Square Feet
- Dimensions: 24 x 17
Flex room
- Level: Lower
- Area: 168 Square Feet
- Dimensions: 14 x 12
Foyer
- Level: Main
- Area: 60 Square Feet
- Dimensions: 12 x 05
Informal dining room
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17 x 10
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16 x 13
Laundry
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10 x 08
Living room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17 x 16
Loft
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12 x 10
Storage
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Basement: Daylight,Finished,Full,Concrete,Sump Pump,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room, Wood Burning
Interior area
- Total structure area: 3,756
- Total interior livable area: 3,756 sqft
- Finished area above ground: 2,268
- Finished area below ground: 1,488
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener, Guest
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24 x 22)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Deck
- Pool features: None
Lot
- Size: 3,484 sqft
- Features: Irregular Lot, Tree Coverage - Medium, Zero Lot Line
Details
- Foundation area: 1488
- Parcel number: 3411722110058
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse Side x Side
- Attached to another structure: Yes
Materials
- Concrete
- Roof: Shake,Age Over 8 Years
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minnetonka
- Subdivision: Lake Forest
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $505 monthly
- Services included: Maintenance Structure, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal
- Association name: Cities Management
- Association phone: 612-381-8600
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2024 | Sold | $550,000$146/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6480739 Report a problem | ||
| 2/4/2024 | Pending sale | $550,000$146/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480739 Report a problem | ||
| 1/26/2024 | Listed for sale | $550,000+35.8%$146/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480739 Report a problem | ||
| 5/24/2004 | Sold | $405,000+4%$108/sqft |
Source: Public Record Report a problem | ||
| 12/5/2002 | Sold | $389,550$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,489 +11.3% | $558,000 -5.6% |
| 2024 | $6,729 +14.4% | $590,800 +6% |
| 2023 | $5,883 +0.5% | $557,300 +10.8% |
| 2022 | $5,856 +11.3% | $503,200 +7.8% |
| 2021 | $5,263 -10.4% | $466,700 +9.9% |
| 2020 | $5,873 +11.6% | $424,600 -5.4% |
| 2019 | $5,263 -10.4% | $448,900 +8.5% |
| 2018 | $5,873 +5.7% | $413,600 +15.7% |
| 2017 | $5,557 +15.3% | $357,600 +8.8% |
| 2016 | $4,818 +6.4% | $328,800 -2% |
| 2015 | $4,527 -4.5% | $335,500 +10% |
| 2014 | $4,740 +14% | $305,000 +3.4% |
| 2013 | $4,157 -8.1% | $295,000 -9.6% |
| 2012 | $4,522 +6.3% | $326,500 +0% |
| 2011 | $4,253 +0% | $326,400 -8% |
| 2010 | $4,252 -5.6% | $354,700 -11% |
| 2009 | $4,502 -5.4% | $398,500 -2% |
| 2006 | $4,761 +0.5% | $406,600 +1.1% |
| 2005 | $4,735 +7.1% | $402,100 +15% |
| 2004 | $4,422 +10.1% | $349,700 +12% |
| 2002 | $4,016 -28.7% | $312,300 |
| 2001 | $5,630 | -- |
Find assessor info on the county website
Neighborhood: 55343
Nearby schools
GreatSchools rating
- 2/10Gatewood Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 4/10Hopkins West Junior High SchoolGrades: 6-9Distance: 2 mi
- 8/10Hopkins Senior High SchoolGrades: 10-12Distance: 4.1 mi
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Estimated market value
$591,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$591,600
- Minnesota
- Hennepin County
- Minnetonka
- 55343
- 5507 Butternut Cir