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4515 Redwood Cir, Minnetonka, MN, 55345

2beds
2baths
1,307sqft
$399,900
$306price/sqft
$2,834/moest. monthly cost
$113,360/yrincome needed

About This Home

A totally one-level townhome with a low association fee is ready for a new owner! 2 bedrooms, 2 baths, and an attached 2-car garage provide all the necessary creature comforts. The southern exposure provides natural light, especially in the sun room, which has windows on 3 sides. The location, plus affordable price and well-maintained, self-managed association, make this home one of the rarest and most desirable communities in Minnetonka. This home is located on a cul-de-sac, so it has low traffic and nice space between homes. Cub Foods and Target are a short drive away, as are several restaurants and fitness venues.

Getting Around

38
WalkingCar-Dependent
10
TransitMinimal Transit
62
BikeBikeable

Schools

10/10
9/10
10/10

Construction

Condition

  • Year built: 1979

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Property subType: (TH) Side x Side

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator
  • Laundry features: In Hall,Main Level,In Unit

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Bedroom2

  • Level: Main
  • Area: 150
  • Dimensions: 15x10

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 80
  • Dimensions: 10x8

Features

  • Number of fireplaces: 1
  • Fireplace features: Brick,Gas,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,307

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,307
  • Total interior livable area: 1,307 sqft

Kitchen

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Living Room

  • Level: Main
  • Area: 336
  • Dimensions: 21x16

Sun Room

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Property

Accessibility

  • Accessibility features: Grab Bars In Bathroom,Solar Tube(s)

Details

  • Parcel number: 2011722330032
  • Attached to another structure: Yes
  • Zoning description: Residential-Multi-Family,Residential-Single Family
  • Foundation area: 1307

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio
  • Fencing: None

Lot

  • Lot size: 5,662 sqft
  • Features: Tree Coverage - Light
  • Lot size dimensions: 25 x 106 x 81 x 116

Parking

  • Total spaces: 2
  • Parking features: Attached,Asphalt,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 WaveModerate
  • 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 $2,022$24,264
Home Insurance *$235$2,820
Property Taxes $407$4,884
Electricity $170$2,050
Total$2,834$34,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,165/yr
40% on housing$85,020/yr
45% on housing$75,573/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

$306This listing

vs Other Active Listings

Avg $/sqft

ZIP 55345$232
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55345$239
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
2026-08-13Price change$389,900
2026-07-17Listed for sale$399,900
2008-12-11Sold$204,000

For Sale by Agent

AgentConnie C Ede
BrokerageLakes Sotheby's International Realty

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