16525 Elm Cir Minnetonka, MN 55345
Spring Hill Park NeighborhoodEstimated Value: $457,100 - $489,000
3
Beds
2
Baths
1,125
Sq Ft
$422/Sq Ft
Est. Value
About This Home
This home is located at 16525 Elm Cir, Minnetonka, MN 55345 and is currently estimated at $474,775, approximately $422 per square foot. 16525 Elm Cir is a home located in Hennepin County with nearby schools including Scenic Heights Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2016
Sold by
Ms Relocation Service Incorparetdd
Bought by
Rader Philip J and Rader Wendy A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Outstanding Balance
$224,660
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$250,115
Purchase Details
Closed on
Jun 2, 2016
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.66%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rader Philip J | $288,000 | Land Title Inc | |
| -- | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rader Philip J | $273,600 | |
| Previous Owner | -- | $172,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,105 | $395,500 | $202,400 | $193,100 |
| 2023 | $4,865 | $390,500 | $202,400 | $188,100 |
| 2022 | $4,331 | $365,500 | $202,400 | $163,100 |
| 2021 | $4,025 | $320,600 | $184,000 | $136,600 |
| 2020 | $4,022 | $300,500 | $184,000 | $116,500 |
| 2019 | $3,857 | $288,700 | $184,000 | $104,700 |
| 2018 | $3,490 | $276,700 | $184,000 | $92,700 |
| 2017 | $2,975 | $217,300 | $156,700 | $60,600 |
| 2016 | $2,821 | $206,900 | $139,500 | $67,400 |
| 2015 | $2,790 | $204,300 | $150,000 | $54,300 |
| 2014 | -- | $186,400 | $150,000 | $36,400 |
Source: Public Records
Map
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