NOT LISTED FOR SALE

4038 Thomas Ave Minnetonka, MN 55345

Tonkawood Neighborhood

Estimated Value: $893,000 - $1,522,922

5 Beds
5 Baths
4,972 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 4038 Thomas Ave, Minnetonka, MN 55345 and is currently estimated at $1,325,481, approximately $266 per square foot. 4038 Thomas Ave is a home located in Hennepin County with nearby schools including Glen Lake Elementary School, Hopkins West Junior High School, and Hopkins Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Seeley Alexis and Seeley Ravi
Bought by
Bellagala Llc
Current Estimated Value
$1,325,481

Purchase Details

Closed on
Feb 7, 2023
Sold by
Bellagala Llc
Bought by
Seeley Alexis

Purchase Details

Closed on
Oct 15, 2021
Sold by
Cj Homes Llc
Bought by
Bellagala Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,613
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2020
Sold by
Cj Homes Llc
Bought by
Seeley Ravi and Seeley Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,099,900
Interest Rate
4%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Dec 3, 2019
Sold by
Cj Homes Llc
Bought by
Seeley Ravi and Seeley Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,900
Interest Rate
4.09%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 3, 2018
Sold by
Delano Young Hi
Bought by
Cj Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bellagala Llc $500 None Listed On Document
Seeley Alexis $500 West Title
Bellagala Llc $1,250,000 West Title Llc
Seeley Ravi $1,099,900 None Available
Seeley Ravi $1,099,900 Minnesota Title
Cj Homes Llc $275,000 Minnesota Title
Delano Young Hi -- Minnesota Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellagala Llc $835,613
Previous Owner Seeley Ravi $1,099,900
Previous Owner Seeley Ravi $1,044,900
Previous Owner Cj Homes Llc $635,000
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
2024 $17,763 $1,193,500 $259,600 $933,900
2023 $15,416 $1,159,000 $259,600 $899,400
2022 $14,916 $1,124,500 $259,600 $864,900
2021 $14,352 $1,016,600 $236,000 $780,600
2020 $13,390 $1,001,600 $236,000 $765,600
2019 $3,388 $927,000 $236,000 $691,000
2018 $3,121 $271,600 $236,000 $35,600
2017 $2,872 $224,400 $175,000 $49,400
2016 $2,949 $223,900 $175,000 $48,900
2015 $3,034 $225,000 $175,000 $50,000
2014 -- $225,000 $175,000 $50,000
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Tonkawood

4038 Thomas Ave, Minnetonka, MN

Not Listed for Sale

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