NOT LISTED FOR SALE

4407 Loretta Ln Minnetonka, MN 55345

Glen Lake Neighborhood

Estimated Value: $1,092,000 - $1,329,000

0.72 Acre
$1,661,472 Price per Acre
31,363 Sq Ft Lot

Last Sold January 28, 2013

Last sale price $105,000 $55 Per Sq Ft

Est. 1,039% increase in value since last sale

Current estimated payment $7,380/month

613 Days on Market

Highlights

  • Property is near public transit
  • Landscaped with Trees
  • Partially Fenced Property
  • Hopkins Senior High School Rated A-
  • Agricultural

About This Lot

As of January 2013

Outstanding Mtka location, lot & setting. Private road with out lots. Bring your plan & builder. Many options for setting your new house on this prime Mtka lot.

Last Agent to Sell the Property

Mark Melby

Coldwell Banker Burnet Listed on: 04/28/2011

Last Buyer's Agent

Vitaly Chernikh

REI Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,853

Lot Details

  • 0.72 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Irregular Lot
  • Sloped Lot
  • Landscaped with Trees
  • Finished Lot(s)

HOA Fees

  • $10 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Agricultural

Community Details

  • Association fees include electricity

Listing and Financial Details

  • Assessor Parcel Number 2211722330042

Property Details

Property Type

Land

Est. Annual Taxes

$12,853

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Amenities Exterior: Fenced Yard - Partial
  • Assessments: Yes
  • Parcel Number: 2211722330042
  • Street Designation: Lane
  • Estimated Number of Acres: 0.72
  • Additional Information: Torrens
  • Development Status: Finished Lot
  • Land Improvements: Dead End/No Outlet, Paved, Private
  • Topography: Sloped, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electricity
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 10

Lot Info

  • Lot/Land Description: Irregular Lot, Pub. Trans (w/In 6 Blks), Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Chernikh Vitaly and 4407 Loretta Lane Minnetonka M
Bought by
Peterson Keith and Peterson Linda
Current Estimated Value
$1,196,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$427,859
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$768,401

Purchase Details

Listed on
Apr 28, 2011
Closed on
Jan 28, 2013
Sold by
Pearson Marvin R and Pearson Madalyn E
Bought by
Chemikh Vitaly and 4407 Loretta Lane Minnetonka Mn Trust
Seller's Agent
Mark Melby
Coldwell Banker Burnet
Buyer's Agent
Vitaly Chernikh
REI Broker
List Price
$198,400
Sold Price
$105,000
Premium/Discount to List
-$93,400
-47.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peterson Keith $785,000 West Title Llc
Chemikh Vitaly -- Burnet Title
-- $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Keith $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2013 01/28/13 Sold $105,000 -47.1% $55 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
04/28/2011 04/28/11 For Sale $198,400 -- $104 / Sq Ft
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
2024 $12,853 $949,200 $202,900 $746,300
2023 $12,623 $966,300 $202,900 $763,400
2022 $10,958 $920,800 $202,900 $717,900
2021 $10,815 $805,700 $184,500 $621,200
2020 $13,075 $805,200 $184,500 $620,700
2019 $12,816 $835,400 $184,500 $650,900
2018 $12,199 $835,400 $184,500 $650,900
2017 $7,294 $483,200 $115,000 $368,200
2016 $2,028 $144,400 $103,000 $41,400
2015 $1,750 $100,000 $100,000 $0
2014 -- $142,500 $142,500 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Melby

    Coldwell Banker Burnet

  • V

    Buyer's Agent in 2013

    Vitaly Chernikh

    REI Broker

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3494114

REALTOR® Association of Southern Minnesota

APN: 22-117-22-33-0042

Minnesota Hennepin County Minnetonka 55345 Glen Lake

4407 Loretta Ln, Minnetonka, MN

Not Listed for Sale

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