$768,000
SOLD MAY 2, 2025

4703 Fairhills Rd E Minnetonka, MN 55345

4 Beds
4 Baths
3,251 Sq Ft
0.55 Acres

Recently Sold

$236 Per Sq Ft

2% Below List Price

55 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Sauna
  • Scenic Heights Elementary School Rated A+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of May 2025

Welcome to 4703 Fairhills Road East in Minnetonka! This move-in-ready home is situated in a serene neighborhood on a beautiful 0.55-acre wooded lot. Fantastic fenced backyard! Spacious living room with fireplace, gorgeous kitchen, and dining. One of the best spaces in the home is the sunroom with amazing backyard views! Main floor primary bedroom suite. Two bedrooms upstairs with 3/4 bath. Lower level family room with fireplace, 4th bedroom/office, 3/4 bathroom, private sauna and laundry. Features include elegant Italian porcelain tile in the kitchen, mud room, 240V electric car charging station in the garage, double-paned windows, and much more. The recently remodeled upper level makes this home truly turnkey. Award winning Minnetonka schools! The Seller will pay up to 3% of Buyer's closing costs + provide a one-year home warranty with an acceptable offer.

Last Agent to Sell the Property

Jim Schwarz

Lakes Sotheby's International Listed on: 02/18/2025

Lakes Sotheby's International

Last Buyer's Agent

Hong Xiao

United Real Estate Twin Cities

United Real Estate Twin Cities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,607

Year Built

  • Built in 1954

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 125x197x125x187
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1.5-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Basement Window Egress

Additional Features

  • Air Exchanger
  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2811722220006

Community Details

Overview

  • No Home Owners Association
  • Fair Hills Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,607

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 2187
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drainage System, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3251
  • Below Grade Finished Sq Ft: 1064
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sun Room, Mud Room, Deck, Sauna

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Partial, Wood
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener
  • Garage Square Feet: 388

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Sauna,Sun Room,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 125X197X125X187
  • Lot Size Sq Ft: 23958
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2811722220006
  • Tax Annual Amount: 8607
  • TaxWithAssessments: 8607.2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 2, 2025
Sold by
Carmax Auto Superstores Inc
Bought by
Dalbec Nathan R and Dalbec Wenyi Z
Seller's Agent
Jim Schwarz
Lakes Sotheby's International
Buyer's Agent
Hong Xiao
United Real Estate Twin Cities
List Price
$784,900
Sold Price
$768,000
Premium/Discount to List
-$16,900
-2.15%
Views
191
Current Estimated Value
$769,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,761
Avg. Annual Appreciation
2.30%
Original Mortgage
$520,000
Outstanding Balance
$520,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$254,308

Purchase Details

Closed on
Feb 25, 2025
Sold by
Fleming Anthony J and Fleming Kimberly
Bought by
Carmax Auto Superstores Inc

Purchase Details

Closed on
Jun 30, 2022
Sold by
Price Charles and Price Carol
Bought by
Fleming Anthony and Fleming Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2022
Sold by
Price and Carol
Bought by
Fleming Anthony J and Fleming Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Paulson Bernice S
Bought by
Gunderson Robert
Source: Public Records

Range of Values:

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Average Value
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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 $768,000 Stewart Title
Warranty Deed $807,588 Stewart Title Company
Deed $770,000 --
Warranty Deed $770,000 Title Choice
Warranty Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Previous Owner $430,000 New Conventional
Previous Owner $430,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $768,000 -2.2% $236 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $784,900 +2.2% $241 / Sq Ft
03/29/2025 03/29/25 Off Market $768,000 -- --
03/19/2025 03/19/25 Price Changed $784,900 -2.8% $241 / Sq Ft
02/18/2025 02/18/25 For Sale $807,500 -- $248 / 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 $8,607 $657,800 $213,400 $444,400
2022 $4,947 $409,600 $213,400 $196,200
2021 $4,521 $358,800 $194,000 $164,800
2020 $4,125 $328,800 $194,000 $134,800
2019 $3,809 $287,300 $194,000 $93,300
2018 $3,829 $264,100 $194,000 $70,100
2017 $3,818 $261,100 $180,200 $80,900
2016 $3,846 $262,100 $165,000 $97,100
2015 $3,491 $236,400 $150,000 $86,400
2014 -- $240,500 $150,000 $90,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6672946

NorthstarMLS

APN: 28-117-22-22-0006