Charming 3-bedroom, 2-bath rambler just one block from Lake Minnetonka on highly desirable Phelps Island! Enjoy seasonal lake views and the lifestyle that comes with being steps from the water. All three bedrooms are conveniently located on one level, offering functional and comfortable living. The finished basement provides additional living space plus a dedicated office that could easily be converted to a 4th bedroom by adding a closet. This home has forced air heating and central A/C along with recently replaced Andersen windows for year-round comfort. Step outside to a fully fenced backyard—perfect for pets, play, or entertaining. An incredible opportunity to own near Lake Minnetonka at an approachable price point. Ideal starter home in a prime location!
Welcome home, this is a beautiful 3 bedrooms 1-3/4 bath located 1 block off Lake Minnetonka on Phelps Island with seasonal views of the Lake. 3 bed and a full bath on the main level with new carpet, paint, and fixtures. Almost finished basement with walk out to huge fenced in backyard. Minimal investment to finish basement just needs flooring and paint, which will add over 500 sqft and add immediate equity, with 3/4 bath and washer dryer. Perfect for first time home buyers or investors.
NORTHSTARMLS as Distributed by MLS Grid #4961984
Aug 9, 2018
Listing Removed
—
Aug 2, 2018
Price Changed
$214,900
Jul 18, 2018
Listed
$219,900
NORTHSTARMLS as Distributed by MLS Grid #1633476
Feb 28, 2002
Sold
$148,700
Feb 8, 2002
Listing Removed
—
Nov 2, 2001
Listed
$144,900
Public Records
Aug 2, 1999
Sold
$108,000
NORTHSTARMLS as Distributed by MLS Grid #1415196
Jun 25, 1999
Sold
$108,000
Apr 10, 1999
Listing Removed
—
Apr 7, 1999
Listed
$101,900
Public Records
Aug 18, 1992
Sold
$59,100
NORTHSTARMLS as Distributed by MLS Grid #762865
Dec 4, 1991
Listed
$62,000
Year
Property tax
Land + Additions
Assessment*
2026
$3,268 (+2.5%)
2025
$3,188
2024
$3,186 (+14.6%)
2023
$2,780 (+9.5%)
2022
$2,540 (+3.2%)
2021
$2,460 (+0.2%)
2020
$2,454 (+1.8%)
2019
$2,410 (−9.3%)
$59,000 + $129,000
$188,000
2018
$2,658 (+13.0%)
$54,000 + $112,000
$166,000
2017
$2,352 (+6.1%)
2015
$2,216 (+10.5%)
2014
$2,005 (+4.7%)
2013
$1,915 (−0.3%)
2012
$1,920
Tax history for 4933 Drummond Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,268 (+2.5%)
2025
$3,188
2024
$3,186 (+14.6%)
2023
$2,780 (+9.5%)
2022
$2,540 (+3.2%)
2021
$2,460 (+0.2%)
2020
$2,454 (+1.8%)
2019
$2,410 (−9.3%)
$59,000 + $129,000
$188,000
2018
$2,658 (+13.0%)
$54,000 + $112,000
$166,000
2017
$2,352 (+6.1%)
2015
$2,216 (+10.5%)
2014
$2,005 (+4.7%)
2013
$1,915 (−0.3%)
2012
$1,920
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.