NOT LISTED FOR SALE

5016 Westmill Rd Minnetonka, MN 55345

Spring Hill Park Neighborhood

Estimated Value: $654,000 - $1,220,000

4 Beds
4 Baths
2,517 Sq Ft
$396/Sq Ft Est. Value

About This Home

This home is located at 5016 Westmill Rd, Minnetonka, MN 55345 and is currently estimated at $997,646, approximately $396 per square foot. 5016 Westmill 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Nelson Michael J
Bought by
Nelson Colleen Id
Current Estimated Value
$997,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Outstanding Balance
$436,302
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$561,344

Purchase Details

Closed on
Aug 31, 2010
Sold by
Shuman Ruth M
Bought by
Nelson Michael J and Nelson Colleen I D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,175
Interest Rate
4.49%
Mortgage Type
New Conventional

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
Nelson Colleen Id -- None Listed On Document
Nelson Michael J $394,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Colleen Id $517,000
Previous Owner Nelson Michael J $624,000
Previous Owner Nelson Michael J $550,000
Previous Owner Nelson Michael J $60,127
Previous Owner Nelson Michael J $296,175
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 $13,253 $969,600 $213,400 $756,200
2022 $12,335 $947,000 $213,400 $733,600
2021 $11,554 $830,900 $194,000 $636,900
2020 $12,106 $785,800 $194,000 $591,800
2019 $11,652 $788,200 $194,000 $594,200
2018 $10,592 $759,000 $194,000 $565,000
2017 $11,008 $711,300 $175,000 $536,300
2016 $11,269 $724,000 $165,000 $559,000
2015 $9,693 $630,000 $150,000 $480,000
2014 -- $500,600 $150,000 $350,600
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Spring Hill Park

5016 Westmill Rd, Minnetonka, MN

Homes for Sale in Minnetonka, MN

This home is located at 5016 Westmill Rd, Minnetonka, MN 55345 and is currently estimated at $997,646, approximately $396 per square foot. 5016 Westmill 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.

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