NOT LISTED FOR SALE

5040 Clear Spring Rd Minnetonka, MN 55345

Spring Hill Park Neighborhood

Estimated Value: $327,000 - $427,124

2 Beds
3 Baths
936 Sq Ft
$411/Sq Ft Est. Value

About This Home

This home is located at 5040 Clear Spring Rd, Minnetonka, MN 55345 and is currently estimated at $384,281, approximately $410 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Bought by
Current Estimated Value
$384,281

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
$356,798
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500 Affinity Plus Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $30,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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.

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