505 Milbert Rd is a 2,360 square foot house on a 0.84 acre lot with 3 bedrooms and 3 bathrooms. Based on Redfin's Minnetonka data, we estimate the home's value is $890,685.
Single-familyProperty Type
2020Year Built
0.84 acresLot Size
$377Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$890,685
$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.6% higher than the average sale price ($798K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$13,650 (+7.8%)
$225,500 + $734,300
$959,800
2025
$12,657 (+6.8%)
$225,500 + $704,700
$930,200
2024
$11,848 (+6.8%)
$225,500 + $693,300
$918,800
2023
$11,094 (+328.6%)
$225,500 + $631,700
$857,200
2022
$2,588 (−55.4%)
2021
$5,808
$205,000 + $232,900
$437,900
2020
$5,811 (+3.9%)
$205,000 + $217,300
$422,300
2019
$5,593 (+5.0%)
2018
$5,326 (+3.5%)
2017
$5,146 (+6.4%)
2015
$4,835 (+3.8%)
2014
$4,657 (+2.5%)
2013
$4,544 (−3.8%)
2012
$4,722
Tax history for 505 Milbert Rd
Year
Property tax
Land + Additions
Assessment*
2026
$13,650 (+7.8%)
$225,500 + $734,300
$959,800
2025
$12,657 (+6.8%)
$225,500 + $704,700
$930,200
2024
$11,848 (+6.8%)
$225,500 + $693,300
$918,800
2023
$11,094 (+328.6%)
$225,500 + $631,700
$857,200
2022
$2,588 (−55.4%)
2021
$5,808
$205,000 + $232,900
$437,900
2020
$5,811 (+3.9%)
$205,000 + $217,300
$422,300
2019
$5,593 (+5.0%)
2018
$5,326 (+3.5%)
2017
$5,146 (+6.4%)
2015
$4,835 (+3.8%)
2014
$4,657 (+2.5%)
2013
$4,544 (−3.8%)
2012
$4,722
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Apr 8, 2026 • Final
Sewer & water
Perform maintenance and repair work to reconnect the sewer and water lines.
Plumbing
Apr 27, 2023 • Final
Building
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,440
Basement Finish: Partially Finished
Bathroom Information
# of Full Baths: 3
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Room Information
# of Rooms: 10
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Rambler
Construction Type: Wood
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Living Sq. Ft: 2,360
Gross Sq. Ft: 3,560
Adjusted Gross Sq. Ft: 1,640
Ground Floor Sq. Ft: 1,640
Building Sq. Ft: 3,560
# of Stories: 1
Stories Type: 1
Legal Description: UNPLATTED 03 117 22 COM AT A PT IN THE E LINE OF THE SW 1/4 OF NE 1/4 OF NE 1/4 DIS 156 6/10 FT N FROM THE SE COR THEREOF TH N 123 6/10 FT ALONG SAID E LINE TH W 296 7/10 FT TO A PT DIS 279 8/10 FT N FROM THE S LINE THEREOF TH S 123 4/10 FT TH E 296 6/10 FT TO BEG
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 1,040
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 36,590
Municipality Name: MINNETONKA
Acres: 0.84
Zoning Code: R-1
County Use Description: RESIDENTIAL (NEC)
Location Information
Parcel Location Influence: Lake
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,360
Stories: 1.0
Lot Size: 0.84 acres
Style: Single Family Residential
Year Built: 2020
Year Renovated: 2020
County: Hennepin County
APN: 03 117 22 11 0033
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Sunset Hill Elementary School
Public K-5 • Assigned • 0.3mi
8/10
Wayzata East Middle School
Public 6-8 • Assigned • 0.6mi
9/10
Wayzata High School
Public 9-12 • Assigned • 5.8mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 13 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Minnetonka, MN • 55305
Average low and high temperatures (°F)
22
6
30
14
49
29
57
38
70
50
78
60
83
65
79
62
77
58
65
46
44
31
29
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 3.6 hours in December, which is comparable to the
U.S. average for solar exposure.
10.5 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$847,000 – $1.02M
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