NOT LISTED FOR SALE

5240 5240 Shady-Lane- Shorewood, MN 55331

Estimated Value: $523,000 - $634,000

4 Beds
3 Baths
1,643 Sq Ft
$360/Sq Ft Est. Value

About This Home

This home is located at 5240 5240 Shady-Lane-, Shorewood, MN 55331 and is currently estimated at $590,889, approximately $359 per square foot. 5240 5240 Shady-Lane- is a home located in Hennepin County with nearby schools including Deephaven Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Arnebeck Thomas H and Louden Denise J
Bought by
Mccue Jake
Current Estimated Value
$587,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,375
Outstanding Balance
$323,704
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$256,409

Purchase Details

Closed on
Dec 14, 2010
Sold by
Larson Michael S and Larson Carrie J
Bought by
Louden Denise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,865
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2010
Sold by
Larson Michael S
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Apr 30, 2002
Sold by
Westman Gary W and Westman Nancy Jo
Bought by
Larson Michael S and Larson Carrie Jo
Source: Public Records

Range of Values:

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
Mccue Jake $382,500 Multiple
Louden Denise J $242,000 --
Bac Home Loans Servicing Lp $298,638 --
Larson Michael S $259,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccue Jake $50,000
Open Mccue Jake $363,375
Previous Owner Louden Denise J $235,865
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 $6,012 $528,900 $220,000 $308,900
2022 $4,258 $474,000 $178,000 $296,000
2021 $4,573 $338,000 $90,000 $248,000
2020 $3,441 $358,000 $117,000 $241,000
2019 $3,608 $264,000 $105,000 $159,000
2018 $3,611 $274,000 $106,000 $168,000
2017 $3,163 $242,000 $97,000 $145,000
2016 $3,199 $241,000 $105,000 $136,000
2015 $3,129 $236,000 $108,000 $128,000
2014 -- $244,000 $127,000 $117,000
Source: Public Records

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