NOT LISTED FOR SALE

18516 Covington Rd Minnetonka, MN 55345

Estimated Value: $902,000 - $1,027,275

0.9 Acre
$1,068,410 Price per Acre
39,204 Sq Ft Lot

Last Sold April 15, 2013

Last sale price $230,000

Est. 318% increase in value since last sale

Current estimated payment $6,369/month

1,381 Days on Market

Highlights

  • Landscaped with Trees
  • Clear Springs Elementary School Rated A
  • Agricultural

About This Lot

As of April 2013

39000 TSF lot, Ideal building site, lot backs up to wetlands with great views. Minnetonka Schools.

Last Listed By

Patrick Martin

National Realty Guild Listed on: 05/17/2009

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,835

Year Built

  • 2013

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 264 x 148.5
  • Landscaped with Trees
  • Finished Lot(s)

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 3111722240007

Property Details

Property Type

Land

Est. Annual Taxes

$11,835

Year Built

2013

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Parcel Number: 3111722240007
  • Projected Closed Date: 04/15/2013
  • Street Designation: Road
  • Taxes With Assessments: 3126
  • Estimated Number of Acres: 0.9
  • Additional Information: Survey Stakes, Torrens
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2013

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: Tree Coverage - Medium, Paved Streets
  • Estimated Lot Dimensions: 264 X 148.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2014
Sold by
Ldk Builders Inc
Bought by
Johnson Barry A and Brzezenski Joan Ann
Total Days on Market
1381
Current Estimated Value
$961,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2009
Closed on
Apr 12, 2013
Sold by
Cameron Edward J
Bought by
Covington Llc
Seller's Agent
Patrick Martin
National Realty Guild
Buyer's Agent
Curt Fretham
Lakewest Realty, LLC
List Price
$350,000
Sold Price
$230,000
Premium/Discount to List
-$120,000
-34.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$225,840
Interest Rate
3.46%
Mortgage Type
Construction

Range of Values:

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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
Johnson Barry A $597,047 Burnet Title
Covington Llc $223,235 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Barry A $440,000
Closed Johnson Barry A $402,000
Closed Johnson Barry A $417,000
Previous Owner Covington Llc $225,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $230,000 -34.3% --
02/26/2013 02/26/13 Pending -- -- --
05/17/2009 05/17/09 For Sale $350,000 -- --
Source: REALTOR® Association of Southern Minnesota

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 $11,835 $874,400 $213,400 $661,000
2022 $10,201 $808,100 $213,400 $594,700
2021 $9,738 $701,100 $194,000 $507,100
2020 $10,076 $674,900 $194,000 $480,900
2019 $9,723 $669,400 $194,000 $475,400
2018 $9,094 $646,500 $194,000 $452,500
2017 $9,325 $615,100 $175,000 $440,100
2016 $8,944 $591,600 $165,000 $426,600
2015 $7,323 $495,900 $150,000 $345,900
2014 -- $87,500 $87,500 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patrick Martin

    National Realty Guild

  • C

    Buyer's Agent in 2013

    Curt Fretham

    Lakewest Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4378999

REALTOR® Association of Southern Minnesota

APN: 31-117-22-24-0049

Minnesota Hennepin County Minnetonka 55345

18516 Covington Rd, Minnetonka, MN

Homes for Sale in Minnetonka, MN

This home is located at 18516 Covington Rd, Minnetonka, MN 55345 since 17 May 2009 and is currently estimated at $961,569. This property was built in 2013. 18516 Covington Rd is a home located in Hennepin County with nearby schools including Clear Springs Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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