5858 Red Cherry Ln Unit House Minnetonka, MN 55345
Estimated Value: $403,000 - $475,000
About This Home
Available for rent for the first time!
Beautiful 2 bedroom 2 bathroom single family home off 101 in the very tree friendly/quiet Minnetonka neighborhood. Large open living area downstairs with both large bedrooms upstairs.
Very clean, well taken care of home with a fenced in backyard and abundant tree cover.
**Available for rent for the first time**
Very close to Clear Springs Elementary, Minnetonka HS, Cub Foods, Target, Unmapped Brewery, Luce Line State Trail, Lifetime Fitness (three clubs within 10 mins), 7&101, 62&394.
*Fenced in back yard
*large deck, large backyard!
*Freshly painted throughout
*HUGE closets in both bedrooms
*2 car garage w/ openers
*Garage fits two cars easily
*newer washer/dryer
*dishwasher
*wood burning fireplace
*A/C
Close to highway 7 and 62 (under 10 mins to 494 on either)
Bus stop at 101 and Red Cherry Lane (bus service to downtown).
THREE blocks from Clear Springs Elementary (Ranked one of the best elementary schools in Minnesota and the United States)
Five minutes to Minnetonka High School.
1st Family Room 18x10
2nd Living Room 18x10
Dining Room 10x10
Kitchen 10x10
Master 16x12
2nd Bedroom 16x12
Laundry/storage 12x12
*Lease term is flexible but 12month lease is preferred.
*Renter pays all utillities
*$70 background check fee per adult.
*Security deposit is $3200
Home is currently occupied, please do not disturb current tenants.
Available for showings after 8/8/25
Ownership History
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rause Bryan | $380,000 | -- | |
| Rause Bryan T | -- | Watermark Title | |
| Sauter Allen L | $114,000 | -- | |
| Sauter Allen L | $114,000 | -- | |
| Corporate Transfer Service Inc | $199,000 | -- | |
| Dean Beireis | $195,000 | -- | |
| Jones Kevin D | $182,000 | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | Off Market | $2,650 | -- | -- |
| 08/31/2025 08/31/25 | Price Changed | $2,650 | -3.6% | $2 / Sq Ft |
| 08/02/2025 08/02/25 | For Rent | $2,750 | -- | -- |
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,520 | $354,100 | $150,700 | $203,400 |
| 2023 | $4,335 | $350,900 | $150,700 | $200,200 |
| 2022 | $4,198 | $354,400 | $150,700 | $203,700 |
| 2021 | $3,905 | $311,600 | $137,000 | $174,600 |
| 2020 | $4,106 | $292,300 | $137,000 | $155,300 |
| 2019 | $3,870 | $294,200 | $137,000 | $157,200 |
| 2018 | $3,460 | $277,600 | $137,000 | $140,600 |
| 2017 | $3,355 | $241,600 | $130,000 | $111,600 |
| 2016 | $2,937 | $214,300 | $100,000 | $114,300 |
| 2015 | $2,789 | $204,200 | $100,000 | $104,200 |
| 2014 | -- | $188,600 | $100,000 | $88,600 |
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