Minneapolis · Home sale

2828 Deer Hill Rd in Medina sells for $4.75 million

A single-family home at 2828 Deer Hill Rd, Medina sold for $4,750,000 on September 2, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 2828 Deer Hill Rd, Medina with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Hennepin County Assessor. The photo can predate the sale. See the full listing on Zillow.
Sale price
$4,750,000
Sold
September 2, 2026
Property type
Single-family home
Lot size
54,886 sq ft
Year built
2021

A single-family home at 2828 Deer Hill Rd in Medina sold for $4,750,000 on September 2, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The sale price is 48% above the Assessor's market value of $3,201,300.

An aerial photo shows the property sits steps from a pond, surrounded by open land. The 1.26-acre lot was built in 2021, according to Assessor's records.

The five-bedroom, six-bathroom home last sold for $108,846 in 2020—meaning this price is 43.6 times that earlier sale, according to Assessor's records.

Christoph Welsh and Mary Welsh sold the property to Deer Hill Property Trust, dated August 24, 2026, according to the deed record.

What this sale costs to close

What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $16,150 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $9,287.50 for the owner's title insurance policy. With a 5% commission, the seller's estimated net is $4,451,546 before any mortgage payoff. A buyer putting 20% down would need about $1,019,954 at closing.

Customize this net sheet See photos on Zillow

2828 Deer Hill Rd, Medina, MN.

Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1920616. 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.

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