#6731305, Listing office: eXp Realty
1601 Welland Ave Minnetonka, MN 55305
Property details
About 1601 Welland Ave
Discover the potential of this hard to find home nestled on a spacious, mature .7 acre lot in prime Minnetonka location! With its unique features and convenient location, this property offers a rare opportunity for homeowners and investors alike. Spacious sunroom addition features vaulted ceilings, floor-to-ceiling windows, and a cozy wood stove—perfect for year-round enjoyment. The finished lower level includes a second kitchen, ideal for guests, potential rental income, or multi-generational living. Conveniently located near Ridgedale Center, Lone Lake Park, top-rated restaurants, and with easy access to I-394 & Hwy 169 for a quick commute. Approx. 11 minutes from Downtown. A rare opportunity to own in one of Minnetonka’s most desirable areas!
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Fireplace: Wood Burning Stove
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached Garage
- Heating: Forced Air
- Cooling: Central Air
- List Price: $595,000
- Price/SqFt: $314
- HOA Amount: $0
- Annual Tax Amount: $5,609
- Tax Year: 2023
- Directions: From Cedar Lake Rd turn right onto Ford Road, left onto Crestridge Drive, left onto Welland Avenue home on left.
- Year Built: 1990
- Living Area: 1,894 SqFt
- MLS Number: 6706617
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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Last updated on: 6/14/2025, 12:52:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$595,000
1601 Welland Ave
$7,066
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 24, 2023 | Home Sold | $368,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $474,500 | $5,609 |
2022 | $450,800 | $5,276 |
2021 | $374,700 | $4,668 |
2020 | $363,300 | $4,454 |
2019 | $351,781 | $4,611 |
2018 | $341,208 | $4,434 |
2017 | $301,641 | $4,072 |
History based on county public records data.
Nearby schools
4
L.H. Tanglen Elementary
Public District KG-6
0.6 mi
•10901 Hillside Ln W
8
Park Spanish Immersion Elementary School
Public District KG-5
1.1 mi
•9400 Cedar Lake Rd S
7
Sunset Hill Elementary School
Public District KG-5
1.7 mi
•13005 Sunset Trl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,660. Most Minnetonka, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 1601 Welland Ave
The listing price of 1601 Welland Ave property is $595,000.
The property 1601 Welland Ave is a house located in Minnetonka, Minnesota, 55305.
Active Listing: 1601 Welland Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1601 Welland Ave are: L.H. Tanglen Elementary (GreatSchools Rating 4/10), Park Spanish Immersion Elementary School (GreatSchools Rating 8/10), Sunset Hill Elementary School (GreatSchools Rating 7/10), East Middle School (GreatSchools Rating 8/10), St. Louis Park Middle School (GreatSchools Rating 4/10), Sandburg Middle School (GreatSchools Rating 2/10), Hopkins High School (GreatSchools Rating 7/10), Hopkins North Junior High (GreatSchools Rating 4/10), Tier Two (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $5,609 (source: MLS/based on county public records data).
The last sale was on July 24, 2023 for $368,000 (source: MLS/tax record).
The property at 1601 Welland Ave has 2 bedrooms and 2 bathrooms.
The property 1601 Welland Ave is 1,894 SqFt (source: MLS/tax record).
The year of construction for 1601 Welland Ave is 1990.
This home is located at 1601 Welland Ave in Minnetonka, MN and zip code 55305 in the Green Acres neighborhood. This 1,894 square foot home was built in 1990. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $595,000.
In May 2025 more than 30 listings in Minnetonka, MN were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 30 were sold below. The inventory of homes for sale in Minnetonka, MN between April and May 2025 increased by 22.4%. The median list price of listings available in May 2025 was $508,666, while the average time on the real estate market was 35 days.