Open House Sun, May 19th 01:00 PM - 02:00 PM - New Construction
Address
5754 Shady Oak Road S # 2, Minnetonka, MN
Price
$ 869,900
Property Attributes
  • ID#6517856
  • TypeCondos
  • CountyHENNEPIN
  • CityMinnetonka
  • AreaVILLAS at OAK CoV
  • NeighborhoodOAK CoV Condominiums
  • Zip55343
  • StyleLow Rise
  • Year Built2023
  • Taxes$ 11558
  • Price$ 869,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2292
Data Source:
Northstar MLS (NSTAR)
Property Description

Spectacular Brand-New Minnetonka 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 just 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 m 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.

Price History
4/13/2024 Listed $869,900

General Features

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt,Pitched
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Gas Water Heater,Microwave,Range,Refrigerator,Washer
HOA 789
Garage Spaces 2
Association Fee Includes Hazard Insurance,Lawn Care,Other,Maintenance Grounds,Trash,Security,Snow Removal,Water
Pool Features None
Construction Materials Brick/Stone,Fiber Board
Year Built 2023
Electric Circuit Breakers
Levels One
Unit Number 2
Property SubType Low Rise
Tax Year 2024
Accessibility Accessible Elevator Installed,Fully Wheelchair,Grab Bars In Bathroom,No Stairs Internal,Reduced Height Cabinets,Roll-In Shower
Assoc Fee Paid Per Monthly
County Hennepin
New Construction Yes
Property Type Residential
Association Amenities Elevator(s),Fire Sprinkler System,In-Ground Sprinkler System,Lobby Entrance,Security,Security Lighting
HOA / Comm Assn Yes
Contingency None
Subdivision Name OAK CoV Condominiums
Directions 62 Crosstown to Shady Oak Rd,North to site
City Minnetonka
Buyer Agent Compensation 2.70
Association Name Self Manages
High School District Hopkins
Zoning Description Residential-Single Family
Lot Size Square Feet 1
Street Name Shady Oak
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 11558
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-y23qk5
Days on Market 36
Standard Status Active
Restrictions Architecture Committee,Easements,Mandatory Owners Assoc,Other Covenants,Planned Urban Development (PUD),Pets - Cats Allowed,Pets - Dogs Allowed,Pets - Number Limit,Rental Restrictions May Apply
Lender Owned No
Amenities Unit Balcony,Ceiling Fan(s),Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,In-Ground Sprinkler
Community Name VILLAS at OAK CoV
Buyer Agent Compensation Type %
PostalCity Minnetonka

Interior Features

Basement Drain Tiled,8 ft+ Pour,Finished,Full,Other,Concrete,Single Tenant Access,Storage Space
Basement (Y/N) Yes
Above Grade Finished Area 2036
Full Baths 1
3/4 Baths 1
Street Suffix Road
Total Bedrooms 2
Below Grade Finished Area 256
Room Type Living Room,Dining Room,Kitchen,Bedroom 1,Bedroom 2,Flex Room,Deck
Total Baths 2
Bath Desc Bathroom Ensuite,Full Primary,Main Floor 3/4 Bath
Dining Room Description Breakfast Bar,Informal Dining Room
Foundation Dimensions 1x1
Fuel Natural Gas
Garage Dimensions 22x22
Garage Door Width 8
Garage Square Feet 575

Exterior Features

Fencing None
Parking Features Assigned,Attached Garage,Asphalt,Garage Door Opener
Lot Features Tree Coverage - Medium,Underground Utilities,Zero Lot Line
Water Source City Water/Connected
Lot Dimensions common
Lot Size Units Square Feet
Foundation Area 2036
Road Frontage Type County Road,Paved Streets
Road Responsibility Association Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 55343

Price
AVG $280K
$870K
Taxes
AVG $3,098
$11,558
Visits
AVG 163
157
Data Provided by Inside Real Estate®
Year Built
AVG 1988
2023

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