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Pending
  • $699,900

    5421 Tracy Lynn Ter, Minnetonka, MN 55345

    4beds
    3,026sqft
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    Single Family
    Built in 1981
    0.46 Acres Lot
    $696,200 Zestimate®
    $231/sqft
    $-- HOA

    What's special

    Location is a perfect 10! Nestled on a corner lot at the end of a quiet cul-de-sac, this exceptional home offers the best of both worlds—peaceful surroundings and incredible convenience. Enjoy walking distance to Purgatory Park, Minnetonka High School, and award-winning Minnetonka Schools. Lovingly maintained and thoughtfully updated by long-term owners, this home is truly move-in ready. The bright and inviting main level features beautiful hardwood floors, three bedrooms on one level, a private primary bath, and a stunning kitchen that opens to the spacious great room addition. Custom built-ins, a fireplace, and floor-to-ceiling windows create a warm and welcoming space with views of the private backyard. Step outside to the low-maintenance deck, perfect for grilling and entertaining. The walkout lower level is equally impressive, featuring a show-stopping amusement room with bar area, gas fireplace, fourth bedroom, and a ¾ bath. Custom cabinets make for the perfect spot for coats and sports gear. Outdoor living shines with a paver patio, fire pit, and beautifully landscaped yard. Just minutes from shopping, dining, and everyday conveniences, this is a rare opportunity to own a meticulously cared-for home in an unbeatable Minnetonka location. Be sure to review the seller's notes in the supplements.
    43 days
    |
    773
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura L. Scott 612-790-6664,

    RE/MAX Advantage Plus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7086662MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 195.96 Square Feet
      • Dimensions: 14.2x13.8
      Bedroom 2
      • Level: Main
      • Area: 138.6 Square Feet
      • Dimensions: 13.2x10.5
      Bedroom 3
      • Level: Main
      • Area: 104.86 Square Feet
      • Dimensions: 9.8x10.7
      Bedroom 4
      • Level: Lower
      • Area: 163.68 Square Feet
      • Dimensions: 13.2x12.4
      Other
      • Level: Lower
      • Area: 788 Square Feet
      • Dimensions: 19.7x40
      Dining room
      • Level: Main
      • Area: 94.01 Square Feet
      • Dimensions: 7.9x11.9
      Great room
      • Level: Main
      • Area: 333.38 Square Feet
      • Dimensions: 21.10x15.8
      Kitchen
      • Level: Main
      • Area: 139.24 Square Feet
      • Dimensions: 11.8x11.8
      Living room
      • Level: Main
      • Area: 271.8 Square Feet
      • Dimensions: 18x15.10
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned, Wine Cooler
      • Laundry: Lower Level, Laundry Room
      Features
      • Basement: Finished,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Amusement Room, Family Room, Gas, Living Room
      Interior area
      • Total structure area: 3,292
      • Total interior livable area: 3,026 sqft
      • Finished area above ground: 1,646
      • Finished area below ground: 1,380
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      • Details: Garage Dimensions (22x22)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Multi/Split
      • Patio & porch: Composite Decking, Patio
      Lot
      • Size: 0.46 Acres
      • Dimensions: 158 x 36 x 120 x 77 x 17 x 13 x 124
      • Features: Corner Lot, Tree Coverage - Medium
      Details
      • Foundation area: 1646
      • Parcel number: 3111722110053
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Tonka Court 2nd Add
      HOA
      • Has HOA: No
      Location
      • Region: Minnetonka

      Financial & listing details

      • Price per square foot: $231/sqft
      • Tax assessed value: $502,000
      • Annual tax amount: $6,232
      • Date on market: 6/6/2026
      • Cumulative days on market: 39 days

        Estimated market value

        $696,200

        $661,000 - $731,000

        $4,004/mo

        Price history

        DateEventPrice
        6/25/2026Pending sale$699,900$231/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7086662 Report a problem
        6/10/2026Listed for sale$699,900+189.2%$231/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7086662 Report a problem
        6/27/2001Sold$242,000$80/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,232 +3.8%$502,000 +5.6%
        2024$6,006 +1.4%$475,300 -1%
        2023$5,924 +5.1%$480,100 +2.1%
        2022$5,635 +2.6%$470,100 +14.9%
        2021$5,490 +0.3%$409,000 +2.2%
        2020$5,476 -0.3%$400,200 +4.4%
        2019$5,490 +0.3%$383,400 +3.1%
        2018$5,476 +12.4%$372,000 +10.9%
        2017$4,872 +1%$335,500 -1.8%
        2016$4,826 -2.2%$341,600 +6.5%
        2015$4,937 +6.4%$320,900 +39.9%
        2014$4,638 +39.7%$229,300 -3%
        2013$3,320 +2%$236,300 -2.5%
        2012$3,254 +0.3%$242,400 -3.2%
        2011$3,244 +1.1%$250,500 -7.5%
        2010$3,208 +1.8%$270,700 -2.7%
        2009$3,151 -0.9%$278,200 +1.8%
        2006$3,179 +1.4%$273,300 +6.2%
        2005$3,136 +7%$257,400 +11.8%
        2004$2,931 +5.5%$230,200 +12%
        2002$2,777 -38.7%$205,600
        2001$4,527 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55345

        Getting around

        40 / 100
        Car-Dependent
        11 / 100
        Minimal Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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