Sold
Last Sold Price
3 beds1,435 sqft

407 Milbert Rd, Minnetonka, MN 55305

Single FamilyProperty Type
0.84 acresLot Size
1948Year Built
$229/sq ftPrice per sq ft
2 carsParking Spaces

Description

Property being Sold As-is tear down. Value is in the land.Property being Sold As-is tear down. Value is in the land.
Listing Agent
  1. Jack Olson

    Jack Olson

    Listing Agent

    Compass

    P: (952) 270-3681

    M: (952) 270-3681

Listing closed: 03/29/2024 12:00 AM • Source: NorthStar, MLS#: 6480475

Recent comparable sales

Median sold price

$367,000

Avg days on market

38

Sale-to-list ratio

80.0%

Minnetonka, MN

9 comparable properties found

$420,000 | 13404 Arthur Street West, Minnetonka, MN 55305
1

$420,000

Sold 08/27/26

3
Bedrooms
1,518
Square Feet
0.51
Acres
$360,000 | 413 Sunnyvale Lane, Minnetonka, MN 55305
1/21
2

$360,000

Sold 02/02/26

3
Bedrooms
1,290
Square Feet
0.81
Acres
$390,000 | 11418 Friar Lane, Minnetonka, MN 55305
3

$390,000

Sold 07/09/25

3
Bedrooms
1,528
Square Feet
0.34
Acres
$385,000 | 3656 Robin Lane, Minnetonka, MN 55305
4

$385,000

Sold 10/30/25

3
Bedrooms
1,524
Square Feet
0.41
Acres
$367,000 | 11311 Lorry Lane West, Minnetonka, MN 55305
5

$367,000

Sold 07/23/26

3
Bedrooms
1,391
Square Feet
0.47
Acres
$359,900 | 401 Plymouth Road, Minnetonka, MN 55305
1/20
6

$359,900

Sold 08/29/25

3
Bedrooms
1,226
Square Feet
0.34
Acres
$400,000 | 3602 Robin Lane, Minnetonka, MN 55305
7

$400,000

Sold 06/25/25

3
Bedrooms
1,288
Square Feet
0.34
Acres
$260,000 | 10300 Minnetonka Boulevard, Minnetonka, MN 55305
8

$260,000

Sold 11/22/24

3
Bedrooms
1,404
Square Feet
0.28
Acres
$351,000 | 10605 Crestridge Drive, Minnetonka, MN 55305
1/13
9

$351,000

Sold 11/07/25

3
Bedrooms
1,120
Square Feet
0.70
Acres

Location

Sold By Lakes Area Realty

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Principal and Interest

$1,756

Property Taxes

$366

HOA Dues

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Property Information for 407 Milbert Road

Property Details

  • Taxes: $4,396 / year
  • MLS Type: Residential / Single Family Residence
  • Buyer's Agent Compensation: 2.7%
  • Zoning Jurisdiction: Residential-Single Family

Building Information

  • Year Built: 1948
  • Lot Size: 0.84 AC / 36,590 SF

Summary

Location and General Information
  • City Name: Minnetonka
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Plymouth Rd to Fairfield Rd North on Milbert Rd.
  • Latitude: 44.976279
  • Longitude: -93.44419
  • Map Coordinate: 105-A2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minnetonka
  • City and Location Text: Minnetonka(MN)
  • Postal Code: 55305
  • State Or Province: MN
  • Public Survey Township: 117
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 0311722110035
  • Tax Annual Amount: $4,396.00
  • Tax Legal Description: UNPLATTED 03 117 22 COM AT A PT IN THE E LINE OF SW 1/4 OF NE 1/4 OF NE 1/4 DIS 403 8/10 FT N FROM THE SE COR THOF TH N 123 6/10 FT ALONG SAID E LINE TH W 296 9/10 FT TO A PT 526 6/10 FT N FROM S LINE THEREOF TH S 123 4/10 FT PAR WITH THE W LINE OF E 1/2 OF SW 1/4 OF NE 1/4 OF NE 1/4 TH E 296 8/10 FT TO BEG
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 4396.0000
School Information
  • High School District: 284 - Wayzata
  • School District Number: 284
  • School District Phone: 763-745-5000

Property

Lot Information
  • Above Grade Fin SQFT: 1435.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1435.0
  • Lot Size Area: 0.84
  • Lot Size Dimensions: 125x300
  • Lot Size Square Feet: 36590.4
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1435.0000
  • Above Grade SqFt Total: 1435.0000
  • Below Grade SqFt Total: 0.0000
  • Sqft Total: 1435.00
Property and Assessments
  • Age Of Property: 76
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected

Interior and Exterior Features

Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1435.0
  • Fuel: Natural Gas
  • Roof: Age Over 8 Years
Interior Features
  • Basement Type: Unfinished
  • Bath Desc: Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 1
  • Bedrooms Total: 3
  • Fireplaces Total: 2
  • FireplaceYN: Yes
  • Cooling: Window Unit(s)
  • DP Resource: Y
  • Garage Square Feet: 432
  • Heating: Forced Air
  • Levels: One and One Half
  • Room Type: Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3
  • Room List: Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3
  • Basement YN: Yes

Room Information

Room 1
  • Room Level: Main
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Type: Family Room
Room 4
  • Room Level: Main
  • Room Type: Bedroom 1
Room 5
  • Room Level: Main
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Type: Bedroom 3

Property History for 407 Milbert Road

DateEvent & SourcePriceAppreciation
Mar 29, 2024

Sold

NorthStar #6480475

$329,000—
Mar 23, 2024

Sold (Public Record)

Public Record #1530170579

$329,000—
Feb 16, 2024

Pending

NorthStar #6480475

—
DateEvent & SourcePrice
03/29/2024

Sold

NorthStar #6480475

$329,000
03/23/2024

Sold (Public Record)

Public Record #1530170579

$329,000
02/16/2024

Pending

NorthStar #6480475

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 407 Milbert Road

Taxable Value

Land

$225,500

Additions

$400,000
Total$625,500

Tax Record

2025

$8,421 ($702 / month)

Home Facts

Beds

3

Baths

1

Total Finished SqFt

1,435 SqFt

Above Grade Finished SqFt

1,435 SqFt

Stories

1

Lot Size

36,590 SqFt

Style

Single Family Residence

Year Built

1948

Year Renovated

1975

Zoning

R-1

County

HENNEPIN

APN

03-117-22-11-0035

Schools near 407 Milbert Road

This home is within Wayzata Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Sunset Hill Elementary School
PublicK to 5

Wayzata East Middle School
Public6 to 8

Wayzata High School
Public9 to 12

Central Middle Alternative (Cmap)
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 407 Milbert Road, Minnetonka, MN 55305
$329,000
3
1,435
36,590
$341,000
3
2,409
36,590
$91,600
4
1,040
36,590
–
4
3.25
1,699
38,768
$1,200,000
6
6.75
4,492
21,780
–
3
2.75
1,038
19,602

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 04/02/2024 02:50 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.