NOT LISTED FOR SALE

4703 Fairhills Rd E Minnetonka, MN 55345

Minnetonka Area

Estimated Value: $673,000 - $832,000

4 Beds
4 Baths
3,251 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2025

Last sale price $768,000 $236 Per Sq Ft

Current estimated payment $5,015 / mo

55 Days on Market

Highlights

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

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

Longhouse Realty

Longhouse Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,607

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 125x197x125x187
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Wood Siding
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Lower Floor Utility Room

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

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

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Fair Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2811722220006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,607

Year Built

Built in 1954

Lot Details

0.55 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stone, Stucco, Wood
  • 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
  • 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

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Electric Dryer Hookup, Lower Level, Laundry Room, Sink, Washer Hookup
  • 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
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 125X197X125X187
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2811722220006
  • Tax Annual Amount: 8607.26
  • TaxWithAssessments: 8607.26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 2, 2025
Sold by
Bought by
Seller's Agent
Jim Schwarz
Lakes Sotheby's International
Buyer's Agent
Hong Xiao
Longhouse Realty
List Price
$784,900
Sold Price
$768,000
Premium/Discount to List
-$16,900
-2.15%
Views
191
Current Estimated Value
$767,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$444
Avg. Annual Appreciation
-0.05%
Original Mortgage
$520,000
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2025
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2022
Sold by
Bought by

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
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2022
Sold by
Bought by

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
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$768,000 Stewart Title
$807,588 Stewart Title Company
$770,000 --
$770,000 Title Choice
$195,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,987 $697,100 $213,400 $483,700
2024 $9,233 $667,000 $213,400 $453,600
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

  • Jim Schwarz

    Seller's Agent in 2025

    Jim Schwarz

    Lakes Sotheby's International

    (612) 251-7201

    62 Total Sales

    Jim Schwarz
    Section Image

  • H

    Buyer's Agent in 2025

    Hong Xiao

    Longhouse Realty

    (651) 272-9178

    73 Total Sales

    Hong Xiao
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6672946

NorthstarMLS

APN: 28-117-22-22-0006

Minnesota Hennepin County Minnetonka 55345

4703 Fairhills Rd E, Minnetonka, MN

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NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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