$320,000
SOLD JUN 27, 2025

18507 Cherry Tree Ct Minnetonka, MN 55345

2 Beds
1.5 Baths
1,400 Sq Ft
$377/mo HOA Fee

Recently Sold

$229 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Deck
  • Loft
  • Entrance Foyer
  • Clear Springs Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

**Buyer to verify all measurements**

Step into this light-filled living room featuring a stunning vaulted ceiling, accentuated by expansive windows that flood the space with natural light. Cozy up by the gas fireplace in the winter, and enjoy a cup of coffee in the morning on the private, sunny deck in the summer months. The kitchen has ample storage, along with a walk-in pantry and plenty of countertop space for cooking and baking. The primary bedroom is spacious, and features a skylight and walk-in closet. The upper level bathroom has a walk-in shower, double sinks, and jetted tub. Enjoy a view of the lower level from the loft area while reading a book, or using it as an office space.
The townhome is situated on a private street with additional parking for guests. Location has easy access to Hwy 7, Hwy 62, shopping, restaurants; including Detello's Pizza & Pasta (a Minnetonka tradition), and between nature areas Purgatory Park and Covington Park. This 2 bedroom, 2 bath home is ready for you to call it home!

Last Agent to Sell the Property

Jodene Riha

Real Broker, LLC Listed on: 05/18/2025

Real Broker, LLC

Co-Listed By

Caarin Pannkuk

Real Broker, LLC

Last Buyer's Agent

Lisa Atkinson

RE/MAX Results

RE/MAX Results

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 1993

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 64x33x64x33
  • Street terminates at a dead end
  • Wood Fence

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, snow removal
  • Omega Property Management Association, Phone Number (763) 449-9100
  • Cherry Hill 12Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3111722310092

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,588

Year Built

Built in 1993

Lot Details

0

HOA Fees

$377 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 1400
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Slab
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1400
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bathroom, Bedroom 1, Bedroom 2, Loft, Foyer, Deck, Garage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block,Brick,Concrete,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 378
  • ParkingOpen: 0
  • Garage Door Height: 84

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Snow Removal
  • Phone: 763-449-9100
  • Association Fee: 377
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Primary Bedroom Walk-In Closet,Skylight,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Omega Property Management

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 64x33x64x33
  • Lot Size Sq Ft: 2178
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3111722310092
  • Tax Annual Amount: 3588
  • TaxWithAssessments: 3588.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2025
Closed on
Jun 27, 2025
Sold by
Cornwell Lori
Bought by
Proudfit Susan Mary and Proudfit Scott Owen
Seller's Agent
Jodene Riha
Real Broker, LLC
Buyer's Agent
Lisa Atkinson
RE/MAX Results
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.87%
Original Mortgage
$224,000
Outstanding Balance
$224,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$93,106

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 20, 2023
Sold by
Saunders Kelly M
Bought by
Cornwell Lori
Seller's Agent
Benjamin Keefe
Edina Realty, Inc.
Buyer's Agent
Jodene Riha
Real Broker, LLC
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$216,000
Interest Rate
7.19%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 30, 2006
Sold by
Mesenbring Robyn R
Bought by
Saunders Kelly M

Purchase Details

Closed on
Oct 24, 2002
Sold by
Klemenhagen Brian M
Bought by
Bradfeldt Robyn R
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 Market Title
Warranty Deed $270,000 Edina Realty Title
Warranty Deed $225,000 --
Warranty Deed $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,000 New Conventional
Previous Owner $216,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $320,000 +1.6% $229 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $315,000 +16.7% $225 / Sq Ft
10/20/2023 10/20/23 Sold $270,000 -1.8% $220 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $275,000 -- $224 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,588 $295,000 $55,500 $239,500
2022 $3,465 $285,800 $55,500 $230,300
2021 $3,196 $261,900 $50,000 $211,900
2020 $3,324 $244,100 $50,000 $194,100
2019 $3,107 $243,200 $50,000 $193,200
2018 $2,811 $228,000 $50,000 $178,000
2017 $2,569 $191,400 $47,700 $143,700
2016 $2,347 $176,700 $47,700 $129,000
2015 $2,411 $180,300 $47,700 $132,600
2014 -- $170,100 $45,000 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6714889

NorthstarMLS

APN: 31-117-22-31-0092