NOT LISTED FOR SALE

5040 Clear Spring Rd Minnetonka, MN 55345

Spring Hill Park Neighborhood

Estimated Value: $370,000 - $454,000

2 Beds
3 Baths
936 Sq Ft
$430/Sq Ft Est. Value

About This Home

This home is located at 5040 Clear Spring Rd, Minnetonka, MN 55345 and is currently estimated at $402,506, approximately $430 per square foot. 5040 Clear Spring 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
Jul 5, 2024
Sold by
Garth Ann and Garth Jason
Bought by
Garth Ann and Garth Jason
Current Estimated Value
$402,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$27,483
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$375,023
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Garth Ann $500 Affinity Plus Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garth Ann $30,000
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 $4,530 $354,800 $259,600 $95,200
2023 $4,280 $346,700 $259,600 $87,100
2022 $4,152 $346,700 $259,600 $87,100
2021 $4,137 $308,500 $236,000 $72,500
2020 $4,250 $308,100 $236,000 $72,100
2019 $4,134 $303,500 $236,000 $67,500
2018 $3,896 $294,700 $236,000 $58,700
2017 $3,980 $281,500 $225,000 $56,500
2016 $4,081 $287,100 $225,000 $62,100
2015 $3,632 $257,400 $196,000 $61,400
2014 -- $248,600 $196,000 $52,600
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Spring Hill Park

5040 Clear Spring Rd, Minnetonka, MN

Not Listed for Sale

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