4040 Merriam Road - Photo 1
1 / 22
4040 Merriam Road
4040 Merriam Road
4040 Merriam Road
4040 Merriam Road
4040 Merriam Road

4040 Merriam Road, Minnetonka, MN 55305 - MLS# 7150798

MLS® #: 7150798|Days on Market: 33|Listed: Sep 25, 2026

$425,000

Open HouseOct 31, 12 - 5 PM
Bedrooms
3
Bathrooms
2
Square Feet
2,100
Acres
0.65
Year Built
1959
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
2
Days on Market
33
School District
270 - Hopkins

This beautifully refreshed 3-bedroom, 2-bath home offers approximately 2,100 finished square feet and blends classic character with extensive modern updates. The home has been thoughtfully renovated and is truly move-in ready. Recent improvements include a brand-new roof, soffit and fascia, windows, appliances, garage floor and overhead door, sidewalk, and a complete main-level bathroom remodel. The hardwood floors throughout the main level have been refinished, the basement features new carpet, and the exterior siding has been freshly repainted. New sod is also scheduled to be installed soon, providing a fresh finishing touch to the yard. Set on a spacious .65 acre lot with a beautiful backyard, just minutes from parks, trails and easy access to the surrounding metro areas. With numerous major updates already completed, this is a great opportunity to enjoy the character of an established home with the feel and convenience of a freshly updated property.

4040 Merriam Road, Minnetonka, MN 55305

Ask an Agent

Open Houses

  • OCT31
    Saturday
    12 - 5 PM
  • NOV1
    Sunday
    12 - 5 PM
  • NOV7
    Saturday
    12 - 5 PM
  • NOV8
    Sunday
    12 - 5 PM
+9 more open houses

Interior Information

BasementFinished, Full
AppliancesDishwasher, Gas Water Heater, Microwave, Range, Refrigerator
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces1
LaundryMain Level
Dining RoomInformal Dining Room
Interior AmenitiesHardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Washer/Dryer Hookup

Size & Levels

LevelsOne
Total Finished Sq Ft2,200 sq ft
Above Grade Finished1,100 sq ft
Below Grade Finished1,000 sq ft
Main Level Finished1,100 sq ft

Bathrooms

Full Baths1
3/4 Baths1
Bathroom Details3/4 Basement, Main Floor Full Bath

Rooms

Main Level Rooms

Living Room17' x 12'
Dining Room10' x 9'
Kitchen10' x 10'
Bedroom12'5" x 11'
Bedroom 212'5" x 11'
Bedroom 311' x 10'5"

Lower Level Rooms

Great Room50' x 22'

Exterior & Parking

ExteriorCedar
RoofAge 8 Years or Less, Architectural Shingle
FoundationBlock
Garage Stalls2
ParkingAttached Garage

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.65 acres
Lot Dimensions150x197x139x198
ZoningResidential-Single Family
SubdivisionMyrtle Heights
TownshipMinnetonka
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected

Financial & Tax Information

Annual Taxes$4,364
Tax Year2026
Tax w/ Assessments$4,364
Assessment PendingNo
Parcel Number2311722230014
Financing OptionsConventional, VA, FHA, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1950-1959, about 92% of occupied homes are owner-occupied, and the average commute is 19 minutes.

Cost of Ownership

Median home value

$480,800

Similar to the Minnetonka median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$4,978/yr

Lower than the Minnetonka median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,626/mo

Similar to the Minnetonka median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$1,007/mo

Similar to the Minnetonka median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,978/mo

Higher than the Minnetonka median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

92%

Higher than Minnetonka overall

The share of occupied homes lived in by their owners.

Median year built

1966

Similar to the Minnetonka median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2010-20198%
  • 1990-19996%
  • 1980-198920%
  • 1970-197911%
  • 1960-19699%
  • 1950-195930%
  • 1940-194911%
  • 1939 or earlier4%

Types of homes

The share of housing units in each building type.

  • Single-family detached78%
  • Townhome / attached9%
  • 5+ units10%

Getting Around

Average commute

19 min

Similar to the Minnetonka median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone51%
  • Carpool13%
  • Work from home35%

Homes with broadband

96%

Similar than Minnetonka overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Hopkins Public School District

This home is in the Eisenhower Elementary, Hopkins West Middle School and Hopkins High School attendance areas of Hopkins Public School District.

Elementary

Eisenhower Elementary

Grades PK-5 · 1.4 mi away

Enrollment
504
Students per teacher
12.6

1001 Highway 7, Hopkins, MN 55305

(952) 988-4300

Middle

Hopkins West Middle School

Grades 6-8 · 0.5 mi away

Enrollment
574
Students per teacher
14.7

3830 Baker Rd, Minnetonka, MN 55305

(952) 988-4401

High

Hopkins High School

Grades 9-12 · 2.3 mi away

Enrollment
2,003
Students per teacher
19.6

2400 Royals Dr, Minnetonka, MN 55305

(952) 988-4500

School assignments can change. Verify enrollment with Hopkins Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Broker Reciprocity logo
Listed by: Bridge Realty, LLC
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.