Date
Details
Price
Change
Source
3/04/2026
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$295,000 Just Listed
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1/18
Property Description
Turnkey investment opportunity in Hopkins! 454 Willoughby Way W is currently leased with two years remaining on the lease - providing immediate, stable rental income from day one. This two-bedroom, two-bath, three-level property offers a solid return in a high-demand rental location. The unit and all appliances have been recently updated, minimizing near-term capital expenses and enhancing tenant retention. The home features a functional layout and strong overall condition, making it a low-maintenance addition to any investment portfolio. Conveniently located off of Hopkins Crossroads and near major highways, shopping, parks, and downtown Hopkins, the property benefits from consistent rental demand and long-term appreciation potential. Secure predictable cash flow today with built-in upside for tomorrow - a smart buy-and-hold opportunity in a proven market! Appliances and upgrades as follows: 2025 - Water softener, refrigerator, range, range hood, furnace, air conditioner, light fixtures, flooring on main level and stairs, garage door opener, toilets, entire unit painted, garbage disposal, general maintenance. 2026 - Hot water heater.
Full Property Details
Full Property Details for 454 Willoughby Way W
General
- Price: $295,000
- HOA FEE: $589/month
- Taxes: $3,492 (2026)
- Status: Active
- Type: Townhouse
- Source: NorthStarMLS_RMLS
- MLS ID: 7024148
- Updated: Today (3/4/2026)
- Added to Site: Today
Interior
- Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Area, Kitchen/Dining Room
- Formal Dining Room: Breakfast Area, Kitchen/Dining Room
- Laundry: In Hall, Laundry Closet, In Unit, Upper Level, Washer Hookup, In Hall, Laundry Closet, In Unit, Upper Level, Washer Hookup
Additional Information
- Amenities: Cable, Ceiling Fan(s), Deck, Indoor Sprinklers, Paneled Doors, Tile Floors, Washer/Dryer Hookup
- Shared Amenities: In-Ground Sprinkler System
Exterior
- Porch/Patio/Deck: Composite Decking, Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 29 x 11
- Garage Spaces: 1
- Parking Features: Attached Garage, Asphalt, Garage Door Opener, Secured, Tuckunder Garage
Location
- County: Hennepin
- Township: Minnetonka
- Subdivision: Cic 0926 Ridgebury Condo
- Driving Directions: 394 to Hopkins Crossroads, North on Hopkins Crossroads, Right on Fairfield Road W, Left on Willoughby Way West to 454.
School Information
- School District: 1218 - Hopkins
- High School District: Hopkins
Community
- Association: Yes
- Assoc. Name: First Services Residential
- Assoc. Fees Include: Cable TV, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Management, Sanitation, Sewer, Snow Removal, Water
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer in Street
- Water: City Water (In-Street)
Structural Information
- Exterior Const.: Block, Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Partially Finished, Storage Space
- Foundation Size: 1812
- Roof: Age 8 Years or Less
- Disability Access: None
- Square Feet: 1,329
- Above Ground: 1,208 Sq. Ft.
- Below Ground: 483 Sq. Ft.
- Finished Down/Base.: 1,691 Sq. Ft.
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.922
- Lot Dimensions: common
- Frontage: City Street, Curbs, No Outlet/Dead End, Paved Streets, Sidewalks
- Zoning: Residential-Single Family
- Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage, Underground Utilities, Zero Lot Line
Financial Considerations
- Association Fee: $589
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,492
- Tax Year: 2026
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- Legal Description: CIC NO 0926 RIDGEBURY CONDO UNIT NO 305
- Property ID: 111722220137
Listed by Lakes Sotheby's International Realty
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Listing agent
— 454 Willoughby Way W —
Lakes Sotheby's International Realty
NMLS#: 1598647
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Schools
Schools serving 454 Willoughby Way W
School District:Hopkins Public School District
| Name | Grades | Distance |
|---|---|---|
L.H. Tanglen Elementary School 10901 Hillside Lane West, Minnetonka, MN 55305 | K-6 | 1.1 mi |
Hopkins North Junior High School 10700 Cedar Lake Rd, Minnetonka, MN 55305 | 7-9 | 1.5 mi |
Hopkins Senior High School 2400 Lindbergh Dr, Minnetonka, MN 55305 | 10-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 454 Willoughby Way W
Tax History
Tax History for 454 Willoughby Way W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,381
3%
$275,700
-1%
2023
$3,292
17%
$278,500
16%
2023
$2,815
—
$240,500
3%
2023
$2,815
5%
$233,700
14%
2020
$2,689
6%
$205,500
5%
2019
$2,536
3%
$195,600
7%
2018
$2,451
8%
$182,200
9%
2017
$2,273
2%
$166,700
5%
2016
$2,227
2%
$158,600
4%
2015
$2,181
20%
$151,800
27%
2014
$1,821
—
$119,100
-5%
2013
$1,821
—
$125,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
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454 Willoughby Way W, Hopkins, MN 55305 (MLS# 7024148) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 454 Willoughby Way W is currently listed for $295,000 and was received on March 04, 2026. Want to learn more about 454 Willoughby Way W? Do you have questions about finding other Townhouse real estate for sale in Hopkins? You can browse all Hopkins real estate or contact a Coldwell Banker agent to request more information.