Sold
Last Sold Price
5 beds2,416 sqft

506 Milbert Rd, Minnetonka, MN 55305

Single FamilyProperty Type
0.5 acresLot Size
1973Year Built
$325/sq ftPrice per sq ft
2 carsParking Spaces
Listing Agent
  1. Mark A Geier

    Mark A Geier

    Listing Agent

    Coldwell Banker Realty

    mark@markgeier.com

    P: (952) 473-3000

    M: (763) 670-8100

Listing closed: 05/23/2025 12:00 AM • Source: NorthStar, MLS#: 6711969
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$650,000

Avg days on market

16

Sale-to-list ratio

100.2%

Minnetonka, MN

9 comparable properties found

$640,000 | 12810 Woodbridge Trail, Minnetonka, MN 55305
1

$640,000

Sold 10/25/24

5
Bedrooms
2,744
Square Feet
0.42
Acres
$631,000 | 11408 Oberlin Road, Minnetonka, MN 55305
1/52
2

$631,000

Sold 10/29/25

5
Bedrooms
2,605
Square Feet
0.75
Acres
$645,000 | 13529 Arthur Street West, Minnetonka, MN 55305
3

$645,000

Sold 04/23/26

5
Bedrooms
3,024
Square Feet
0.47
Acres
$745,000 | 13529 Larkin Drive, Minnetonka, MN 55305
4

$745,000

Sold 09/11/26

4
Bedrooms
2,476
Square Feet
0.52
Acres
$810,000 | 1829 Timberline Trail, Minnetonka, MN 55305
5

$810,000

Sold 11/12/24

5
Bedrooms
3,409
Square Feet
0.95
Acres
$660,000 | 406 Kenmar Circle, Minnetonka, MN 55305
6

$660,000

Sold 06/19/25

4
Bedrooms
2,660
Square Feet
0.53
Acres
$650,000 | 900 Sunset Drive South, Minnetonka, MN 55305
7

$650,000

Sold 06/26/26

4
Bedrooms
2,714
Square Feet
0.38
Acres
$655,000 | 4106 Tonkawood Lane, Minnetonka, MN 55345
1/2
8

$655,000

Sold 05/30/25

5
Bedrooms
2,757
Square Feet
0.47
Acres
$650,000 | 15544 Holdridge Drive, Minnetonka, MN 55391
1/28
9

$650,000

Sold 11/15/24

5
Bedrooms
3,476
Square Feet
0.59
Acres

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,705 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,193

Property Taxes

$512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 506 Milbert Road

Property Details

  • Taxes: $6,140 / year
  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: Ylitalo Acres
  • Zoning Jurisdiction: Residential-Single Family

Building Information

  • Year Built: 1973
  • Lot Size: 0.50 AC / 21,780 SF

Summary

Location and General Information
  • City Name: Minnetonka
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Milbert Rd
  • Latitude: 44.975573
  • Longitude: -93.445363
  • Map Coordinate: 105-A3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Hopkins
  • City and Location Text: Hopkins(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: 0311722110065
  • Tax Annual Amount: $6,140.00
  • Tax Legal Description: LOT 002 BLOCK 001 YLITALO ACRES
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 6140.0000
School Information
  • High School District: 284 - Wayzata
  • School District Number: 284
  • School District Phone: 763-745-5000

Property

Lot Information
  • Above Grade Fin SQFT: 2416.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2416.0
  • Lot Features: Some Trees
  • Lot Size Area: 0.5
  • Lot Size Dimensions: 178x123x178x123
  • Lot Size Square Feet: 21780.0
  • Lot Size Units: Acres
  • Other Structures: Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1248.0000
  • Building Area Total: 3664.0
  • Above Grade SqFt Total: 2416.0000
  • Below Grade SqFt Total: 1248.0000
Property and Assessments
  • Age Of Property: 52
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected

Interior and Exterior Features

Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1248.0
  • Fuel: Natural Gas
  • Pool Features: None
  • Road Frontage Type: City Street, Paved Streets
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less
  • Patio Porch Type: Patio
Interior Features
  • Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement Type: Drain Tiled, Full, Sump Pump, Walkout
  • Amenities Unit: French Doors,Hardwood Floors,Kitchen Center Island,Natural Woodwork,Patio,In-Ground Sprinkler,Washer/Dryer Hookup
  • Bath Desc: 3/4 Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Primary Walk-Thru
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 3
  • Bedrooms Total: 5
  • Fireplace Features: Amusement Room, Family Room, Gas
  • Fireplaces Total: 2
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Separate/Formal Dining Room
  • Garage Dimensions: 21.4x19.6
  • Garage Square Feet: 419
  • Heating: Forced Air
  • Levels: Two
  • Room Type: Living Room, Dining Room, Family Room, Kitchen, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Mud Room
  • Room List: Living Room, Dining Room, Family Room, Kitchen, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Mud Room
  • Basement YN: Yes

Room Information

Room 1
  • Room Dimensions: 17x13
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 13x12
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 19x12
  • Room Level: Main
  • Room Type: Family Room
Room 4
  • Room Dimensions: 23x13
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 11x11
  • Room Level: Main
  • Room Type: Office
Room 6
  • Room Dimensions: 14x13
  • Room Level: Upper
  • Room Type: Bedroom 1
Room 7
  • Room Dimensions: 13x11
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 8
  • Room Dimensions: 11x10
  • Room Level: Upper
  • Room Type: Bedroom 3
Room 9
  • Room Dimensions: 11x10
  • Room Level: Upper
  • Room Type: Bedroom 4
Room 10
  • Room Dimensions: 11x09
  • Room Level: Upper
  • Room Type: Bedroom 5
Room 11
  • Room Dimensions: 14x07
  • Room Level: Main
  • Room Type: Mud Room

Property History for 506 Milbert Road

DateEvent & SourcePriceAppreciation
May 23, 2025

Sold (Public Record)

Public Record #1641929978

$785,500

+9.8% / yr

May 23, 2025

Sold

NorthStar #6711969

$785,500—
May 12, 2025

Pending

NorthStar #6711969

—
DateEvent & SourcePrice
05/23/2025

Sold (Public Record)

Public Record #1641929978

$785,500

+9.8% / yr

05/23/2025

Sold

NorthStar #6711969

$785,500
05/12/2025

Pending

NorthStar #6711969

—

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

Public Records for 506 Milbert Road

Taxable Value

Land

$213,400

Additions

$359,300
Total$572,700

Tax Record

2025

$7,595 ($633 / month)

Home Facts

Beds

5

Baths

4.2

Total Finished SqFt

2,416 SqFt

Above Grade Finished SqFt

2,416 SqFt

Stories

2

Lot Size

21,780 SqFt

Style

Single Family Residence

Year Built

1973

Year Renovated

2000

Zoning

PUD

County

HENNEPIN

APN

03-117-22-11-0065

Schools near 506 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.

Similar Homes

New listings in 55305

$485,000 | 2222 Black Oak Drive, Minnetonka, MN 55305
1/59
New

$485,000

3
Bedrooms
1,818
Square Feet
0.5
Acres
$525,000 | 2931 Cedar Knoll Court, Minnetonka, MN 55305
1/42
Open: 10/10 01:00PM - 03:00PMNew

$525,000

3
Bedrooms
2,337
Square Feet
0.64
Acres
$348,900 | 9712 Cimarron Circle, Minnetonka, MN 55305
1/34
New

$348,900

4
Bedrooms
1,489
Square Feet
0.14
Acres
$500,000 | 10800 Oak Knoll Terrace North, Minnetonka, MN 55305
1/25
Listed By CompassOpen: 10/8 04:30PM - 06:30PM

$500,000

3
Bedrooms
2,366
Square Feet
0.34
Acres
$325,000 | 320 Willoughby Way West, Minnetonka, MN 55305
1/38
Active Under Contract

$325,000

2
Bedrooms
1,650
Square Feet
Unavailable
Acres
$309,000 | 3030 St Albans Mill Road, Unit 211, Minnetonka, MN 55305
1/31
Listed By Coldwell Banker Realty

$309,000

1
Bedrooms
1,012
Square Feet
$369,900 | 9820 Cove Drive, Minnetonka, MN 55305
1/33
Listed By Compass

$369,900

3
Bedrooms
2,145
Square Feet
3.31
Acres
$495,000 | 11460 Fairfield Road West, Unit 103, Minnetonka, MN 55305
1/27

$495,000

2
Bedrooms
1,720
Square Feet
$525,000 | 13209 Sheffield Curve, Minnetonka, MN 55305
1/46

$525,000

3
Bedrooms
2,572
Square Feet
0.48
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 506 Milbert Road, Minnetonka, MN 55305
$785,500
5
2,416
21,780
$1,200,000
6
6.75
4,492
21,780
–
3
4.25
1,694
16,553
$308,500
4
2,001
22,302
–
3
3
1,640
36,590
–
3
4.25
1,488
24,394

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.

Listing Courtesy of Coldwell Banker Realty

Based on information submitted to the MLS GRID as of 05/30/2025 08:52 AM. 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.