5016 Westmill Rd Minnetonka, MN 55345
Spring Hill Park NeighborhoodEstimated Value: $845,000 - $1,220,000
4
Beds
4
Baths
2,517
Sq Ft
$403/Sq Ft
Est. Value
About This Home
This home is located at 5016 Westmill Rd, Minnetonka, MN 55345 and is currently estimated at $1,014,062, approximately $402 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
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
$424,328
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$589,734
Purchase Details
Closed on
Aug 31, 2010
Sold by
Shuman Ruth M
Bought by
Nelson Michael J and Nelson Colleen I D
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Home Values in the Area
Average Home Value in this Area
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 |
Source: Public Records
Tax History Compared to Growth
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 | $13,976 | $967,600 | $213,400 | $754,200 |
| 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
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