This property
$87,500
$87,500
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$109,063
$109,063
Recently sold homes
$92,900
$92,900
10501 Cedar Lake Rd #315, Minnetonka MN 55305
1 br 1 ba 839 sqft Condo|
Sold for $87,500 on Jun 4th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 1 |
| Price/sqft | $104 |
| Year built | 1975 |
| ZIP code | 55305 |
Public Records
| Street # | 10501 |
| Apt # | 315 |
| Street | Cedar Lake Rd |
| City | Minnetonka |
| ZIP code | 55305 |
| Beds | 1 |
| Baths | 1.0 |
| Year built | 1975 |
| Sqft | 839 sqft |
| Lot Size | 0.00 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 06/04/2009 | Sold | $87,500 | Public record |
| 06/03/2004 | Sold | $109,000 | Public record |
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Similar homes for sale
Average listing price is $109,063
Recently sold homes
Average sales price is $92,900
1311 Wagon Wheel Rd, Hopkins MN
Sold for $62,500 on 06/08/09
2 br1 full 2 partial ba 1,164 sqft
Townhome
2.83 mi
| This home | ||
|---|---|---|
| Sales price: | $87,500 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $109,063 | -20% |
| Avg. sales price: | $92,900 | -6% |
| Avg. price/sqft: | $85 | +22% |
| Compared to 55305 | ||
|---|---|---|
| Avg. listing price: | $529,061 | -83% |
| Avg. sales price: | $236,273 | -63% |
| Avg. price/sqft: | $184 | -43% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $87,500 | |
| Compared to Minnetonka | ||
|---|---|---|
| Avg. listing price: | $444,042 | -80% |
| Avg. sales price: | $283,125 | -69% |
| Avg. price/sqft: | $192 | -46% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
L H Tanglen Elementary School
Hopkins Independent School District 270 |
Public | 0.44 | ||
| My daughter just finished 3rd grade and I really like this school. The teachers are great. They treat every student the same no matter what your race or… | ||||
|
Cedar Manor Intermediate School
St Louis Park School District 283 |
Public | 0.7 | ||
| This is a great school because the teachers help the students a lot. My friends kid whent from a P to a E from conferece to report cards thats amazing… | ||||
|
Eisenhower Elementary School
Hopkins Independent School District 270 |
Public | 1.24 | ||
| The best elementary school in the world, in my opinion in so many important ways. Even if I moved 100 miles away, I would keep my child here and drive… | ||||
|
Aquila Primary School
St Louis Park School District 283 |
Public | 1.24 | ||
| I am so glad I chose this neighborhood to move to! I think the school is great and my son Sean couldn't have a better teacher than Mrs. Patel. She is… | ||||
|
Alice Smith Elementary School
Hopkins Independent School District 270 |
Public | 1.38 | ||
| I agree with the reviews posted in 2003-2005. It was a great school with a great principle and teachers. Unfortunately, this district is mismanaged on… | ||||
View all schools in:
Hopkins Independent School District 270
, St Louis Park School District 283
, Wayzata School District 284
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:10501 Cedar Lake Rd #315, Minnetonka MN 55305 |
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This Condo located at 10501 Cedar Lake Rd, Minnetonka MN, 55305 sold for $87,500 on Jun 4, 2009. 10501 Cedar Lake Rd has 1 bed, 1 bath, and approximately 839 square feet. The property was built in 1975. 10501 Cedar Lake Rd #315 is in Minnetonka, MN and in ZIP Code 55305. The most recent sale price of $87,500 is 20% lower than the average list price of $109,063 for similar homes for sale, 83% lower than the average list price of $529,061 for 55305, and 80% lower than the average list price of $444,042 for Minnetonka, MN. The most recent sale is 6% lower than the average sale price of $92,900 for similar homes for sale, 63% lower than the average sale price of $236,273 for 55305 sold homes, and 80% lower than the average sale price of $283,125 for Minnetonka sold homes. 10501 Cedar Lake Rd #315 previously sold for $87,500 on Jun 4, 2009 and $109,000 on Jun 3, 2004.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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