Minneapolis · Home sale
18132 Ridgewood Alcove in Minnetonka sells for $1.95 million
A single-family home at 18132 Ridgewood Alcove, Minnetonka sold for $1,948,244 on October 15, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,948,244
- Sold
- October 15, 2026
- Property type
- Single-family home
- Lot size
- 17,424 sq ft
- Year built
- 2025
The home at 18132 Ridgewood Alcove in Minnetonka sold for $1,948,244 on October 15, 2026. The Certificate of Real Estate Value filed with the Minnesota Department of Revenue reports the sale.
An aerial photo shows trees covering much of the lot, with other houses around it.
The record lists R.e.c. Inc. as the seller and Michael S Smith and Patricia C Smith as the buyer.
Assessor's records show the home was built in 2025 on a 17,424-square-foot lot. Listing data shows 4 bedrooms and 3 bathrooms.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Hennepin County?
By our estimate, the seller's two largest charges, not counting commission and prorations, were $6,624.03 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $4,384.43 for the owner's title insurance policy. Who pays what follows Hennepin County custom.
How much did the seller net?
By our estimate, the seller netted about $1,843,899. That assumes a 5% commission. It is before any mortgage payoff.
How much cash did the buyer bring to closing?
A buyer putting 20% down would need about $435,717 at closing. That covers the down payment and closing costs.
Run this net sheet with your numbers (free) See photos on Zillow
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1931439. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
