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14901 Highway 7, Minnetonka, MN, 55345

3beds
1baths
1,539sqft
$400,000
$260price/sqft
$2,813/moest. monthly cost
$112,520/yrincome needed

About This Home

iThis property is being marketed alongside 4512 Williston Road, 4508 Williston Rd, and 34 Address Unassigned. This rare portfolio comprising three existing rental homes and an adjacent raw land parcel, offers a potential unparalleled opportunity.

Getting Around

40
WalkingCar-Dependent
11
TransitMinimal Transit
25
BikeSomewhat Bikeable

Schools

6/10
8/10
Hopkins Senior High SchoolGrades 10-123.8 mi

Construction

Condition

  • Year built: 1959

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 648
  • Finished area above ground: 891

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,539
  • Total interior livable area: 1,539 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2111722430030
  • Zoning description: Residential-Single Family
  • Foundation area: 960

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.58 Acres
  • Lot size dimensions: 200 x 108

Parking

  • Total spaces: 1
  • Parking features: Tuckunder Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Heat Wave
Strong Wind
Winter Weather

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 $386$4,632
Electricity $170$2,050
Total$2,813$33,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,445/yr
40% on housing$84,390/yr
45% on housing$75,013/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

$260This 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)

No zestimate history available

Price History

DateEventPrice
2025-08-19Listed for sale$400,000
2023-06-08Listing removed--
2023-04-28Price change$1,795
2023-04-26Listed for rent$1,895
2023-04-06Listing removed--
2023-02-01Listed for rent$1,895
2022-09-20Listing removed--
2022-09-08Listed for rent$1,845
2017-12-17Listing removed$1,595
2017-11-29Listed for rent$1,595

For Sale by Agent

AgentTyler Nelson
BrokerageNorse Realty

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