5754 Shady Oak Road S, 2, Minnetonka, MN 55343

$869,900

5754 Shady Oak Road S, 2
Minnetonka, MN 55343
MLS# 6517856
2 beds | 2 baths | 2292 sqft

1 / 42

Open House (05/18/2024 - 12:00 pm - 4:00 pm)

Property Description
Spectacular Brand-New Minnetonka Condo/Townhome Hybrid! A private 2 car garage and no common walls separates this well-designed condo style from all others. The semi-private elevator serves just 4 residences. No long hallways and a generous sized flex room for storage, exercise room, woodworking, etc. for the ultimate maint. free lifestyle. Walkable to restaurants, shops and the popular Lone Lake Park featuring 8 pickle ball courts, tennis courts and extensive walking trails. This fantastic location provides quick access to 169, Crosstown 62 and 494 making drive times to downtown, the airport etc. as convenient as it gets. Seller will buy down the rate on a 7-1 ARM to 6.38% (rate on 5.7.24) Rates vary daily. Also, Seller will contribute 36 months of the current HOA m reserve funding amount to Buyers HOA account at closing, saving $309 per month in HOA fees for 3 years! Photos/Tour are from similar unit. See supplements for floorplans, prices and monthly payment example.

Details

Maps

Documents

None

Maximum Price: 899900

Minimum Price: 749900

Contract Information

Digitally Altered Photos: No

Status: Active

Contingency: None

Current Price: $869,900

Original List Price: 869900

ListPrice: 869900

List Date: 2024-04-13

High Range Price: 899900

Owner is an Agent?: No

Lot Price: 1

Auction?: No

Office/Member Info

Association: MAAR

General Property Information

Assoc Mgmt Co. Phone #: 612-751-3849

Association Fee Frequency: Monthly

Association Mgmt Co. Name: Self Manages

Common Wall: Yes

Lot Measurement: Square Feet

Manufactured Home?: No

Multiple PIDs?: No

New Development: Yes

Year Built: 2023

Yearly/Seasonal: Yearly

Zoning: Residential-Single Family

Bedrooms: 2

Baths Total: 2

Bath Full: 1

Bath Three Quarters: 1

Main Floor Total SqFt: 2036

Above Grd Total SqFt: 2036

Below Grd Total SqFt: 256

Total SqFt: 2292

Total Finished Sqft: 2292.00

Style: (CC) Low Rise (3- Levels)

Foundation Size: 2036

Power Company: Xcel Energy

Association Fee: 789

Garage Stalls: 2

Lot Dimensions: common

Location, Tax and Other Information

AssocFeeYN: Yes

Legal Description: Lot 1 Unit 2 HILLSIDE VILLAS Oak CoV

Listing City: Minnetonka

Map Page: 119

Municipality: Minnetonka

School District Phone: 952-988-4000

House Number: 5754

Street Name: Shady Oak

Street Suffix: Road

Street Direction Suffix: S

County Abbreviation: 2

Unit Number: 2

Postal City: Minnetonka

County: Hennepin

State: MN

Zip Code: 55343

Zip Plus 4: 2804

Property ID Number: 3511722140271

Complex/Dev/Subdivision: OAK CoV Condominiums

Tax Year: 2024

In Foreclosure?: No

Tax Amount: 11558

Potential Short Sale?: No

Lender Owned?: No

Directions & Remarks

Public Remarks: Spectacular Brand-New Minnetonka Condo/Townhome Hybrid! A private 2 car garage and no common walls separates this well-designed condo style from all others. The semi-private elevator serves just 4 residences. No long hallways and a generous sized flex room for storage, exercise room, woodworking, etc. for the ultimate maint. free lifestyle. Walkable to restaurants, shops and the popular Lone Lake Park featuring 8 pickle ball courts, tennis courts and extensive walking trails. This fantastic location provides quick access to 169, Crosstown 62 and 494 making drive times to downtown, the airport etc. as convenient as it gets. Seller will buy down the rate on a 7-1 ARM to 6.38% (rate on 5.7.24) Rates vary daily. Also, Seller will contribute 36 months of the current HOA m reserve funding amount to Buyers HOA account at closing, saving $309 per month in HOA fees for 3 years! Photos/Tour are from similar unit. See supplements for floorplans, prices and monthly payment example.

Directions: 62 Crosstown to Shady Oak Rd, North to site

Assessments

Tax With Assessments: 11558

Basement

Foundation Dimensions: 1x1

Building Information

Cert of Occupancy Date: 2023-09-01

Finished SqFt Above Ground: 2036

Finished SqFt Below Ground: 256

Insurance Fee

Insurance Fee Frequency: N/A

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR

Miscellaneous Information

Community Name: VILLAS at OAK CoV

Homestead: No

Model Information

Hours Model Open: 12 to 4

Model Location: 5734 #11

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 22x22

Garage Door Height: 8

Garage Door Width: 18

Garage Square Feet: 575

Public Survey Info

Range#: 22

Section#: 35

Township#: 117

Unit Details

Total Units Available: 12

Total Units Sold: 10

Property Features

Accessible: Accessible Elevator Installed; Fully Wheelchair; Grab Bars In Bathroom; No Stairs Internal; Reduced Height Cabinets; Roll-In Shower

Air Conditioning: Central

Amenities Shared: Elevator(s); Fire Sprinkler System; In-Ground Sprinkler System; Lobby; Security Building; Security Lights

Amenities Unit: Balcony; Ceiling Fan(s); Hardwood Floors; In-Ground Sprinkler; Indoor Sprinklers; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom

Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Gas Water Heater; Microwave; Range; Refrigerator; Washer

Approved Financing: NONE

Association Fee Includes: Hazard Insurance; Lawn Care; Outside Maintenance; Sanitation; Security System; Snow Removal; Water; Other

Basement: 8 ft+ Pour; Drain Tiled; Finished (Livable); Full; Poured Concrete; Single Tenant Access; Storage Space; Other

Bath Description: Main Floor 3/4 Bath; Full Primary; Bathroom Ensuite

Construction Materials: Brick; Concrete; Frame; Other

Construction Status: Completed New Construction

Dining Room Description: Breakfast Bar; Informal Dining Room

Electric: Circuit Breakers

Exterior: Brick/Stone; Fiber Board

Family Room Characteristics: Great Room; Main Level

Fencing: None

Fuel: Natural Gas

Heating: Forced Air

Laundry: Laundry Room; Main Level; Sink

Lock Box Type: Supra

Lot Description: Tree Coverage - Medium; Underground Utilities; Zero Lot Line

Parking Characteristics: Assigned; Attached Garage; Driveway - Asphalt; Garage Door Opener

Patio, Porch and Deck Features: Composite Decking; Covered; Deck

Pool Description: None

Restriction/Covenants: Architecture Committee; Easements; Mandatory Owners Assoc; Other Covenants; Pets - Cats Allowed; Pets - Dogs Allowed; Pets - Number Limit; Planned Urban Development (PUD); Rental Restrictions May Apply

Road Frontage: County Road; Paved Streets

Road Responsibility: Association Maintained Road

Roof: Age 8 Years or Less; Asphalt Shingles; Pitched

Sellers Terms: Cash; Conventional

Sewer: City Sewer/Connected

Shared Rooms: Other

Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite

Stories: One

Townhouse Characteristics: End Unit; No Interior Stairs; Single-Level

Water: City Water/Connected

Room Information

Room Name	Dimensions	Level
Flex Room	16x16	Lower
Deck	8x20	Main
Living Room	20x16	Main
First (1st) Bedroom	23x13	Main
Kitchen	20x13	Main
Second (2nd) Bedroom	12.5x13	Main
Dining Room	20x10.5	Main

Listing Office: Gatehouse Properties LTD

Last Updated: May - 18 - 2024

5754 Shady Oak Road S, 2, Minnetonka, MN 55343 - MLS# 6517856

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