NOT LISTED FOR SALE

18509 Timber Ridge Dr Minnetonka, MN 55345

Sparrow Neighborhood

Estimated Value: $790,071 - $973,000

5 Beds
4 Baths
3,705 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 18509 Timber Ridge Dr, Minnetonka, MN 55345 and is currently estimated at $871,518, approximately $235 per square foot. 18509 Timber Ridge Dr is a home located in Hennepin County with nearby schools including Deephaven Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Senn Stephen D and Senn Barbara
Bought by
Skemp Benedict C and Skemp Brittany B
Current Estimated Value
$871,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$525,704
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$400,929
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Skemp Benedict C $715,000 Minnesota Title
Skemp Benedict Benedict $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skemp Benedict C $572,000
Closed Skemp Benedict Benedict $572,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2023 $8,571 $655,400 $213,400 $442,000
2022 $6,350 $611,200 $213,400 $397,800
2021 $6,234 $460,600 $194,000 $266,600
2020 $6,543 $453,400 $194,000 $259,400
2019 $6,245 $455,700 $194,000 $261,700
2018 $5,799 $433,000 $194,000 $239,000
2017 $5,857 $401,400 $183,700 $217,700
2016 $5,691 $389,600 $165,000 $224,600
2015 $5,566 $379,400 $150,000 $229,400
2014 -- $345,000 $150,000 $195,000
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Sparrow

18509 Timber Ridge Dr, Minnetonka, MN

This home is located at 18509 Timber Ridge Dr, Minnetonka, MN 55345 and is currently estimated at $871,518, approximately $235 per square foot. 18509 Timber Ridge Dr is a home located in Hennepin County with nearby schools including Deephaven Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

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