NOT LISTED FOR SALE

5221 Michaele Ln Minnetonka, MN 55345

Estimated Value: $588,000 - $655,929

4 Beds
2 Baths
2,569 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 5221 Michaele Ln, Minnetonka, MN 55345 and is currently estimated at $619,732, approximately $241 per square foot. 5221 Michaele Ln 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
Aug 22, 2022
Sold by
Suarez Angel and Suarez Sarah
Bought by
Romero Pablo and Maspoli Carolina
Current Estimated Value
$619,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$208,646
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$411,086

Purchase Details

Closed on
Aug 18, 2022
Sold by
Suarez Iii Angel L and Suarez Sarah
Bought by
Romero Pablo Daniel and Maspoli Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$208,646
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$411,086

Purchase Details

Closed on
Jul 29, 2015
Sold by
Burfeind Mitchell P and Burfeind Heather
Bought by
Suarez Angel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2012
Sold by
Burfeind Mitchell P and Burfeind Heather
Bought by
Burfeind Mitchell P and Burfeind Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,850
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
World Savings Bank Fsb
Bought by
Burfeind Mitchell P

Purchase Details

Closed on
Aug 28, 1996
Sold by
Spizale Ilyne S and Spizale Jack
Bought by
Hemp Douglas R and Hemp Heidi L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

Date Buyer Sale Price Title Company
Romero Pablo $545,000 --
Romero Pablo Daniel $545,000 Watermark Title
Suarez Angel L $360,000 Home Title
Burfeind Mitchell P -- Global Closing & Title Servi
Burfeind Mitchell P $232,000 --
Hemp Douglas R $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Pablo $218,000
Closed Romero Pablo Daniel $218,000
Previous Owner Suarez Angel L $368,000
Previous Owner Suarez Angel L $360,000
Previous Owner Burfeind Mitchell P $165,850
Previous Owner Burfeind Mitchell P $169,301
Previous Owner Hemp Heidi $120,000
Previous Owner Hemp Heidi $49,450
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 $6,893 $542,800 $213,400 $329,400
2022 $5,279 $439,200 $213,400 $225,800
2021 $5,155 $384,900 $194,000 $190,900
2020 $5,193 $377,400 $194,000 $183,400
2019 $4,911 $365,000 $194,000 $171,000
2018 $4,543 $345,200 $194,000 $151,200
2017 $4,415 $309,300 $175,000 $134,300
2016 $4,775 $331,300 $165,000 $166,300
2015 $4,308 $300,000 $150,000 $150,000
2014 -- $230,100 $150,000 $80,100
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345

5221 Michaele Ln, Minnetonka, MN

This home is located at 5221 Michaele Ln, Minnetonka, MN 55345 and is currently estimated at $619,732, approximately $241 per square foot. 5221 Michaele Ln 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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