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4938 Clear Spring Rd

Minnetonka, MN 55345

3 bd 2 ba 2,052 sqft Built 1958 Lot 13,068 sqft single_family
Most recent sale
$347,000
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Sold $347,000 Public Record
Aug 31, 2022 Sold $347,000 MLS #6198333
Jul 7, 2022 Listed $360,000 MLS #6198333

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $277,116 $4,961
2019 $272,538 $4,844
2018 $266,870 $4,322
2017 $238,530 $4,319
2016 $237,767 $4,288
2015 $239,184 $3,865
2014 $213,351 $3,640
2013 $196,129 $3,383
2012 $184,902 $3,395
2011 $194,821 $3,264
2010 $69,200 $147,000 $216,200 $3,353
2009 $94,500 $147,000 $241,500 $2,748
2008 $99,400 $147,000 $246,400 $2,702
2007 $134,400 $112,000 $246,400 $2,795

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,052 sqft
Lot size
13,068 sqft
ZIP code
55345
City
Minnetonka
Street
Clear Spring Rd
Coordinates
44.91423, -93.49618

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,078
Gross rental yield
10.64%
Implied cap rate
6.92%
Trend-extrapolated value

Frequently asked questions

When did 4938 Clear Spring Rd last sell?
4938 Clear Spring Rd most recently sold on Oct 6, 2022 for $347,000.
What is the current tax assessment for 4938 Clear Spring Rd?
The most recent total assessment for 4938 Clear Spring Rd (year 2020) is $277,116 with $4,961 in property tax.
How does 4938 Clear Spring Rd's assessment compare to its last sale price?
The current assessment is 20.1% below the last sale price of $347,000.
When was 4938 Clear Spring Rd built?
4938 Clear Spring Rd was built in 1958.
How does 4938 Clear Spring Rd compare to others on Clear Spring Rd?
We track 8 other properties on Clear Spring Rd. Browse the list under "Other properties on Clear Spring Rd" to compare beds, baths, and sale history.
What are the property facts for 4938 Clear Spring Rd?
4938 Clear Spring Rd is a 3 bed, 2 bath, 2,052 sqft, 13,068 sqft lot single_family.
Is 4938 Clear Spring Rd a flip candidate?
No — 4938 Clear Spring Rd does not appear in our flips dataset.
Is 4938 Clear Spring Rd a tax-appeal candidate?
No — 4938 Clear Spring Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$617.1K
2026 Q4
$608K
ZIP 55345 — Median Price History + Forecast

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