10249 Yellow Circle Dr, Minnetonka (Hopkins), MN 55343 Property Records

Hennepin County property record for 10249 Yellow Circle Dr, Minnetonka, MN 55343

Property Summary

Property Type	Commercial
Details	6,300 sqft · built 1979
Lot Size	1.41 acres (61,855 sqft)
Owner	Company Name on Record
Last Sale	$885,000 (Apr 2021)
Tax Bill	$43,345 (2025)
Deeds & Mortgages	Apr 2021 Sale & Mortgage Apr 2021 Sale & Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`36-117-22-43-0023`

Property Details

APN / Parcel Number

Primary APN	`36-117-22-43-0023`

Interior

Units	50 Units
Stories	1 Story
Building Area	6,300 sqft Building Perimeter
Gross Area	12,600 sqft
1st Floor Area	6,300 sqft

Exterior

Year Built	Built 1979
Effective Year Built	Effective 1979
Exterior Material	Brick
Construction Type	Masonry / Concrete Block
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	61,855 sqft
Lot Dimensions	525 ft deep x 144 ft wide

Utilities, Heating & Cooling

Cooling System	None
Heating System	Forced Air with A/C

Location & Zoning

Street Address	10249 YELLOW CIRCLE DR
City	HOPKINS
State	MN
Zip	55343-9139
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	I1
Legal Description	LOT 006 BLOCK 001 B OPUS 2 06TH ADDN S 144X525X50X570
Legal Range	22
Legal Township	117
Legal Section	36
Legal Quarter	43
Legal Subdivision	OPUS 2 06TH ADDN
Legal Block	1
Legal Lot Number	6
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNETONKA
Census Block Group	1
Census Block	1020
Census Tract	26104

Owner

Source: Hennepin County records, as of June 25, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	10249 YELLOW CIRCLE DR, 200, HOPKINS, MN 55343-9111
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Apr 8, 2021	Warranty Deed, Transfer · Commercial Mortgage MIDWESTONE BANK
Apr 26, 2021	Re-recorded Document · Line of Credit MIDWESTONE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 26, 2021 · Amount on Record
Deed Sale	Apr 26, 2021 · Amount on Record
Prior Sale	Apr 8, 2021 · Amount on Record
Deed Document Number	202110951735
Prior Transfer Date	Mar 30, 2021
Prior Transfer Doc	0A10951735
Record Updated	Oct 29, 2026

April 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Apr 8, 2021
Property Address	10249 YELLOW CIRCLE DR, MINNETONKA, MN 55343-9139
Document Number	0T05822754
Instrument Date	Mar 30, 2021
Instrument	T05822754
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,920.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10249 YELLOW CIRCLE DR STE 200, 200, MINNETONKA, MN 55343-9111
Investor	Possibly a Property Investor

Mortgage

Document Number	0T05822755
Date	Apr 8, 2021
Instrument	T05822755

Lender

Name	MIDWESTONE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	119 Months
Due	Mar 30, 2031

Interest

Rate Type	Adjustable Rate

April 2021: Re-recorded Document

Document Type	Re-recorded Document
Jurisdiction	HENNEPIN MN
Recording Date	Apr 26, 2021
Property Address	10249 YELLOW CIRCLE DR, MINNETONKA, MN 55343-9139
Document Number	0A10951735
Instrument Date	Mar 30, 2021
Instrument	A10951735
Record Updated	May 12, 2026

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10249 YELLOW CIRCLE DR STE 200, 200, MINNETONKA, MN 55343-9111
Investor	Possibly a Property Investor

Mortgage

Document Number	0A10951736
Date	Apr 26, 2021
Instrument	A10951736

Lender

Name	MIDWESTONE BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	119 Months
Due	Mar 30, 2031

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minnetonka City
Unified School District	Hopkins Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$43,345.00 (+13.36%)	$1,438,000 (+10.62%) Land $869,000 Building $569,000	$1,438,000 (+10.62%) Land $869,000 Building $569,000
2023	$38,236.00
2022		$1,300,000 Land $869,000 Building $431,000	$1,300,000 Land $869,000 Building $431,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Minnetonka serves 54,474 people · EPA ID MN1270031
Water Source	Groundwater
Last State Inspection	Feb 2025
Lead	Under 1 ppb (2023) action level 15 ppb
Copper	1.4 mg/L (2017–2019) action level 1.3 mg/L

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 40 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

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