NOT LISTED FOR SALE

18516 Timber Ridge Dr Minnetonka, MN 55345

Sparrow Neighborhood

Estimated Value: $731,000 - $915,709

5 Beds
3 Baths
2,027 Sq Ft
$412/Sq Ft Est. Value

About This Home

This home is located at 18516 Timber Ridge Dr, Minnetonka, MN 55345 and is currently estimated at $834,177, approximately $411 per square foot. 18516 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
Nov 1, 2019
Sold by
Alice H Kullman Revocable Trust
Bought by
Eric Derock and Eric Derock
Current Estimated Value
$834,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Sold by
Kullman Alice H
Bought by
Kullman Alice H and Alice H Kullman Revocable Trust
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
Eric Derock -- None Listed On Document
Kullman Alice H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derock Eric $504,000
Closed Derock Eric $55,000
Closed Derock Eric D $234,950
Closed Eric Derock $404,000
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 $9,777 $736,300 $213,400 $522,900
2022 $9,059 $714,800 $213,400 $501,400
2021 $6,296 $631,700 $194,000 $437,700
2020 $6,417 $457,900 $194,000 $263,900
2019 $6,213 $446,900 $194,000 $252,900
2018 $5,929 $430,800 $194,000 $236,800
2017 $5,691 $390,800 $183,700 $207,100
2016 $5,590 $383,200 $165,000 $218,200
2015 $4,919 $338,600 $150,000 $188,600
2014 -- $321,900 $150,000 $171,900
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Sparrow

18516 Timber Ridge Dr, Minnetonka, MN

This home is located at 18516 Timber Ridge Dr, Minnetonka, MN 55345 and is currently estimated at $834,177, approximately $411 per square foot. 18516 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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