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  • $550,000

    5240 Ridgeway Dr, Minnetonka, MN 55345

    4beds
    2,900sqft
    Single Family Residence
    Built in 1953
    0.35 Acres Lot
    $599,600 Zestimate®
    $190/sqft
    $3,637 Estimated rent

    Home value

    $599,600

    $570,000 - $636,000

    $3,637/mo

    Zestimate® history
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    What's special

    Fantastic rambler with open floor plan. Huge kitchen island. Master suite with big walk-in closet and private master bathroom with heated floors. Everything in this house has been updated, all the mechanicals, roof, siding, windows, gutters, blown insulation, wire for EV car charger, too many more to list (see supplements). 2 fireplaces, 3 bedrooms on one level, laundry room on each floor. Great neighborhood, close to everything.

    Zillow last checked: 8 hours ago

    Listing updated: May 06, 2025 at 03:25pm

    Listed by:

    Rodolfo A. Trujillo 612-384-7493,

    RE/MAX Advantage Plus

    Bought with:

    Shannon K. Melloy

    Counselor Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6332779MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Bedroom 1
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Bedroom 2
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 3
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Bedroom 4
    • Level: Lower
    • Area: 170 Square Feet
    • Dimensions: 17x10
    Deck
    • Level: Main
    • Area: 352 Square Feet
    • Dimensions: 16x22
    Dining room
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Family room
    • Level: Lower
    • Area: 288 Square Feet
    • Dimensions: 24x12
    Game room
    • Level: Lower
    • Area: 272 Square Feet
    • Dimensions: 17x16
    Kitchen
    • Level: Main
    • Area: 330 Square Feet
    • Dimensions: 22x15
    Laundry
    • Level: Lower
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Living room
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Patio
    • Level: Lower
    • Area: 256 Square Feet
    • Dimensions: 16x16
    Heating
    • Forced Air, Radiant Floor
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    Features
    • Basement: Block,Egress Window(s),Finished
    • Number of fireplaces: 2
    • Fireplace features: Brick, Family Room, Living Room, Wood Burning
    Interior area
    • Total structure area: 2,900
    • Total interior livable area: 2,900 sqft
    • Finished area above ground: 1,626
    • Finished area below ground: 1,274

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (22x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Composite Decking, Deck, Front Porch, Patio
    • Fencing: Chain Link
    Lot
    • Size: 0.35 Acres
    • Dimensions: 127 x 111 x 133 x 115
    Details
    • Foundation area: 1274
    • Parcel number: 2711722340044
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement, Block
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • Age of Property: 72
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minnetonka
    • Subdivision: Tract T

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    3/31/2023Sold$550,000+0.9%$190/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6332779 Report a problem
    3/14/2023Pending sale$544,900$188/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6332779 Report a problem
    3/2/2023Listing removed--
    Source: RE/MAX International Report a problem
    2/27/2023Price change$544,900-2.7%$188/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6332779 Report a problem
    2/20/2023Price change$559,900-2.6%$193/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6332779 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,682 +5.6%$548,900 +2.2%
    2024$6,328 +9.9%$536,900 +1.4%
    2023$5,760 +8.2%$529,400 +7.3%

    Find assessor info on the county website

    Neighborhood: 55345

    Nearby schools

    GreatSchools rating
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    Estimated market value$599,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $599,600