NOT LISTED FOR SALE

4407 Loretta Ln Minnetonka, MN 55345

Glen Lake Neighborhood

Estimated Value: $994,000 - $1,410,000

0.72 Acre
$1,633,176 Price per Acre
31,363 Sq Ft Lot

Last Sold January 28, 2013

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

Est. 1,020% increase in value since last sale

Current estimated payment $7,588/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

  • $12,623

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

$12,623

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Amenities Exterior: Fenced Yard - Partial
  • Assessment Balance: 2470
  • Assessments: Yes
  • Parcel Number: 2211722330042
  • Projected Closed Date: 01/28/2013
  • Street Designation: Lane
  • Taxes With Assessments: 4776
  • 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

Schools

  • School District: Hopkins #270

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
Total Days on Market
613
Current Estimated Value
$1,175,887

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
Interest Rate
3.7%
Mortgage Type
New Conventional

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
21.45%
Source: Public Records

Range of Values:

Collateral Analytics

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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 $638,500
Closed Peterson Keith $484,350
Previous Owner Pearson Marvin R $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

See All Agents

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

This home is located at 4407 Loretta Ln, Minnetonka, MN 55345 since 28 April 2011 and is currently estimated at $1,175,887, approximately $617 per square foot. 4407 Loretta Ln 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.

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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