NOT LISTED FOR SALE

5217 Sequoia Dr Minnetonka, MN 55345

Estimated Value: $499,000 - $687,326

5 Beds
3 Baths
2,334 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $702,500 $301 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,875/month

27 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • No HOA
  • Clear Springs Elementary School Rated A
  • 2 Fireplaces
  • Stainless Steel Appliances

About This Home

As of June 2024

Welcome to this beautiful, recently updated, home located in highly sought after Minnetonka School district. This house features a backyard oasis including in-ground pool, hand crafted poolside bar, paver patio fire pit, Cal Spa hot tub, custom built Finnish sauna with Wi-Fi HUUM heating system, and a large Trex deck, perfect for enjoying Minnesota summers. Over 1/2-acre private lot filled with mature trees set on a quiet, no through traffic, neighborhood and within walking distance to parks, schools, restaurants and stores. Full kitchen remodel in spring of 2024 with gorgeous quartz countertops, farmhouse sink, large center island with built-in appliances, and waterfall edge. Meticulously updated with high end finishes including a new kitchen, master bathroom, oak flooring throughout the upper level, custom cable railing system, new flooring throughout the downstairs, wet bar entertaining area, outdoor updates and so much more. A must see!

Last Agent to Sell the Property

Stacia Bank

Compass Listed on: 05/15/2024

Compass

Co-Listed By

Margaret Trenary

Trenary Realty Group

Last Buyer's Agent

Donald Joyce

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,876

Year Built

  • Built in 1962

Lot Details

  • 0.53 Acre Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Bi-Level Home

Interior Spaces

  • 2 Fireplaces
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Skyline Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3011722440030

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,876

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1360
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
  • Fireplace Features: Electric
  • Living Area: 2334
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 974
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Bedroom 4, Bedroom 5, Family Room, Deck, Patio, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Below Ground, Heated
  • Fencing: Wood
  • Other Structures: Hot Tub, Sauna
  • PatioPorchType: Composite Decking,Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Guest Parking
  • Garage Square Feet: 528

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Sauna,Tile Floors,Washer/Dryer Hookup,Wet Bar

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 12
  • Lot Size Sq Ft: 23086.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3011722440030
  • Tax Annual Amount: 5876
  • TaxWithAssessments: 5876.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 27, 2024
Sold by
Gehring Mark A and Gehring Karrisa B
Bought by
Schwarze Andrew Brian and Schwarze Sarah Marie
Seller's Agent
Stacia Bank
Compass
Buyer's Agent
Donald Joyce
Edina Realty, Inc.
List Price
$725,000
Sold Price
$702,500
Premium/Discount to List
-$22,500
-3.1%
Views
48
Current Estimated Value
$622,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,168
Avg. Annual Appreciation
-8.77%
Original Mortgage
$468,750
Outstanding Balance
$463,097
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$159,235

Purchase Details

Listed on
Aug 13, 2012
Closed on
Oct 8, 2012
Sold by
Hatmaker Blaine E and Hatmaker Rose A
Bought by
Gehring Mark A and Gehring Karrisa B
Seller's Agent
Connie Vanderzanden
Keller Williams Realty Integrity-Edina
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$339,000
Sold Price
$318,000
Premium/Discount to List
-$21,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$254,400
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1998
Sold by
Flatley Lori L
Bought by
Hatmaker Blaine E and Hatmaker Rose A
Source: Public Records

Range of Values:

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Average Value
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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
Schwarze Andrew Brian $702,500 Chb Title
Gehring Mark A $318,000 North American Title Co
Hatmaker Blaine E $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwarze Andrew Brian $468,750
Previous Owner Gehring Mark A $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $702,500 0.0% $301 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/03/2024 06/03/24 Off Market $702,500 -- --
05/23/2024 05/23/24 Price Changed $699,700 -3.5% $300 / Sq Ft
05/18/2024 05/18/24 For Sale $725,000 +128.0% $311 / Sq Ft
10/08/2012 10/08/12 Sold $318,000 -6.2% $130 / Sq Ft View Prior Sale
09/12/2012 09/12/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $339,000 -- $139 / Sq Ft
Source: NorthstarMLS

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 $7,015 $526,500 $213,400 $313,100
2023 $5,934 $474,300 $213,400 $260,900
2022 $5,605 $466,300 $213,400 $252,900
2021 $5,467 $407,000 $194,000 $213,000
2020 $5,497 $398,700 $194,000 $204,700
2019 $5,248 $384,800 $194,000 $190,800
2018 $4,857 $367,000 $194,000 $173,000
2017 $5,070 $351,100 $175,000 $176,100
2016 $5,101 $352,100 $165,000 $187,100
2015 $4,791 $330,500 $150,000 $180,500
2014 -- $275,200 $150,000 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6535297

NorthstarMLS

APN: 30-117-22-44-0030