$799,000
- 5 Beds
- 3.5 Baths
- 5,146 Sq Ft
18408 Timber Ridge Dr, Minnetonka, MN 55345
Tom Nicklow Minnetonka Realty, Inc
Frequently Asked Questions
Is Sparrow a good place to live?
Sparrow is a good place to live. Sparrow is considered very car-dependent and somewhat bikeable. Sparrow is a suburban neighborhood. Sparrow has 1 park for recreational activities. It has a median age of 46. The average household income is $188,776 which is above the national average. College graduates make up 61.9% of residents. A majority of residents in Sparrow are home owners, with 5.1% of residents renting and 94.9% of residents owning their home. A local real estate agent serving Sparrow can help you decide if this neighborhood is the right one for you. Learn more on our Sparrow neighborhood guide.
How much do you need to make to afford a house in Sparrow?
The median home price in Sparrow is $787,000. If you put a 20% down payment of $157,400 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $3,840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $165K a year to afford the median home price in Sparrow. The average household income in Sparrow is $189K.
What are the best public schools in Sparrow?
The best public schools that serve Sparrow are:
- Minnetonka Senior High School has an A+ Niche grade, a student teacher ratio of 18:1 and an average review score of 4.2.
- Groveland Elementary School has an A Niche grade, a student teacher ratio of 15:1 and an average review score of 4.1.
- Minnetonka East Middle School has an A Niche grade, a student teacher ratio of 16:1 and an average review score of 4.1.
What are the best private schools in Sparrow?
The best private schools that serve Sparrow are:
- St. Therese School has a student teacher ratio of 7:1.
- Minnetonka Christian Academy has a student teacher ratio of 16:1.
What are the most popular zip codes in Sparrow, Minnetonka, MN?
What are the most popular neighborhoods near Sparrow, Minnetonka, MN?
The most popular neighborhoods near Sparrow, Minnetonka, MN are Spring Hill Park, Tonkawood, Woodland-Highland, Covington and Williston.
Are home prices dropping in Sparrow?
Yes, home prices in Sparrow are down 10% in the last 12 months.
