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  • $685,000

    5421 Tracy Lynn Ter, Minnetonka, MN 55345

    4beds
    3,026sqft
    Single Family
    Built in 1981
    0.46 Acres Lot
    $685,000 Zestimate®
    $226/sqft
    $3,512 Estimated rent

    Home value

    $685,000

    $637,000 - $733,000

    $3,512/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura L. Scott 612-790-6664,

    RE/MAX Advantage Plus

    Bought with:

    Trenton J Hogg

    Redfin Corporation

    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

    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: $226/sqft
    • Tax assessed value: $502,000
    • Annual tax amount: $6,232
    • Date on market: 6/6/2026
    • Cumulative days on market: 15 days

    Price history

    DateEventPrice
    7/31/2026Sold$685,000-2.1%$226/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7086662 Report a problem
    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

    Neighborhood: 55345

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $685,000
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    Estimated market value
    $685,000