Minnesota State Wire

According to BlockShopper.com, there were two reported residential sales in Minnetonka for the week of March 14-20, 2021. The median sale price was $2,475,000 and the median property tax bill was $24,234 for the previous twelve months.

10400 Bren Road E.
$2,475,000
Property Tax (2019): $17,537.52
Effective Property Tax Rate: 0.71%
Buyer: Minnetonka Multifamily 1 LLC
Seller: Mariner Affordable Apartments Ltd. Partnership

10500 Bren Road E.
$2,475,000
Property Tax (2019): $30,929.80
Effective Property Tax Rate: 1.25%
Buyer: Minnetonka Multifamily 1 LLC
Seller: Newport MW/10500 Bren Road East LLC