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4516 Highway 7 APT 1, Saint Louis Park, MN, 55416

3beds
2baths
1,660sqft
$249,900
$151price/sqft
$1,893/moest. monthly cost
$75,720/yrincome needed

About This Home

This spacious corner unit at Lynnwood Condos offers the comfort and privacy of a townhome, with only one shared wall and a bright south-facing exposure that fills the home with natural light year-round. Enjoy truly low-maintenance living with low association dues and thoughtful updates throughout, including refinished kitchen cabinetry, vinyl plank flooring, and a tiled entryway with custom closet storage. Both bathrooms have been beautifully renovated with upscale finishes such as glass shower walls, travertine tile, and porcelain tile. The unit offers free shared washer/dryer facilities on same level as well as a storage locker. The location is just as impressive—walk to Starbucks, Steel Toe Brewery, and Yum! Kitchen & Bakery, with a future light rail stop coming soon for easy access to downtown. The bike path to the Chain of Lakes is directly across the street, and everyday conveniences like Target, Lunds & Byerlys, and Whole Foods are less than five minutes away. A rare combination of space, style, and walkability in the heart of Saint Louis Park.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Age 8 Years or Less

Type & Style

  • Home type: Condo
  • Property subType: (CC) Low Rise (3- Levels)

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Common Area,Coin-op Laundry Owned

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 210
  • Dimensions: 17.5x12

Bedroom2

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedroom3

  • Level: Main
  • Area: 198
  • Dimensions: 16.5x12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 112.5
  • Dimensions: 12.5x9

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,660

Foyer

  • Level: Main
  • Area: 70
  • Dimensions: 17.5x4

Heating & Cooling

  • Heating features: Baseboard,Boiler,Hot Water
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 1,660
  • Total interior livable area: 1,660 sqft

Kitchen

  • Level: Main
  • Area: 108
  • Dimensions: 12x9

Living Room

  • Level: Main
  • Area: 256.5
  • Dimensions: 19x13.5

Property

Accessibility

  • Accessibility features: Partially Wheelchair

Details

  • Parcel number: 0602824120056
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1660

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.41 Acres
  • Lot size dimensions: 106 x 217 x 55 x 255

Parking

  • Parking features: Assigned,Asphalt,Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$164$1,968
Property Taxes $296$3,552
Electricity $170$2,050
Total$1,893$22,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,902/yr
40% on housing$56,790/yr
45% on housing$50,480/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 55416$231
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55416$245
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Listed for sale$269,900
2026-01-29Listing removed$2,200
2026-01-08Listed for rent$2,200
2025-11-19Listing removed$2,200
2025-08-13Price change$2,200
2025-07-23Listed for rent$2,300
2025-07-23Listing removed$265,000
2025-05-30Listed for sale$265,000
2025-05-29Listing removed$269,900
2025-04-23Listed for sale$269,900
2025-04-22Listing removed$274,900
2025-03-10Price change$274,900
2025-02-11Price change$279,900
2025-01-09Listed for sale$289,900
2024-11-23Listing removed$285,000
2024-10-16Price change$285,000
2024-09-26Listed for sale$295,000
2024-09-25Listing removed$299,900
2024-09-04Listed for sale$299,900
2024-09-01Listing removed$299,900
2024-07-25Listed for sale$299,900
2024-07-25Listing removed--
2024-07-09Listed for sale$315,000
2024-06-24Listing removed--
2024-05-08Listed for sale$314,900
2005-10-04Sold$189,900
1996-07-18Sold$40,000

For Sale by Agent

AgentCharles Ritt
BrokerageColdwell Banker Realty

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