NOT LISTED FOR SALE

5314 Michaele Ln Minnetonka, MN 55345

Estimated Value: $613,000 - $633,000

3 Beds
2.5 Baths
2,548 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 01, 2012

Last sale price $301,000 $118 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,913/month

15 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Clear Springs Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2012

Beautiful home on private lot! Stunning remodeled kitchen w/maple cabinets! HW floors thru-out home. Private dining area w/FP & walkout to deck. Gorgeous vaulted sunrm-overlooking spectacular pond! Freshly painted FR w/new carpet. Newer roof/sidng/furnce.

Last Agent to Sell the Property

Kathy Nelson

RE/MAX Results Listed on: 07/10/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,318

Year Built

  • 1959

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 140 x 162
  • Sprinkler System
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Baseboard Heating
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3011722430008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,318

Year Built

1959

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.51
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1496
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 3011722430008
  • Projected Closed Date: 09/30/2012
  • Stories: 1 Story
  • Taxes With Assessments: 4060
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 21x13, On Level: Main
  • Room 2: Dining Room, 19x9, On Level: Main
  • Room 3: Family Room, 24x22, On Level: Lower
  • Room 4: Kitchen, 18x13, On Level: Main
  • Room 5: Bedroom, 16x15, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 7: 11x11, On Level: Main
  • Room 9: Sunroom/Solarium, 20x16, On Level: Main
  • Room 10: Den/Office, 17x12, On Level: Lower
  • Room 11: Deck, 16x12, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1816
  • Below Grade Finished Sq Ft: 732
  • Total Fin Square Footage: 2548

Exterior Features

  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Baseboard, Forced Air

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 140 X 162
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2012
Closed on
Aug 30, 2012
Sold by
Poomaihealani Samson and Heath Christine J
Bought by
Mangelsen Todd A and Mangelsen Margaret Q
Seller's Agent
Kathy Nelson
RE/MAX Results
List Price
$300,000
Sold Price
$301,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$622,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,987
Avg. Annual Appreciation
5.98%
Original Mortgage
$270,900
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Mangelsen Todd A $301,000 Stewart Title Of Mn Inc
Mangelsen Todd A $301,000 Stewart Title Of Minnesota I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangelsen Todd A $270,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2012 09/01/12 Sold $301,000 +0.3% $118 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $300,000 -- $118 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,318 $545,700 $213,400 $332,300
2023 $7,060 $554,000 $213,400 $340,600
2022 $5,939 $492,000 $213,400 $278,600
2021 $5,815 $430,800 $194,000 $236,800
2020 $5,058 $422,900 $194,000 $228,900
2019 $4,870 $356,200 $194,000 $162,200
2018 $4,572 $342,500 $194,000 $148,500
2017 $4,464 $312,400 $175,000 $137,400
2016 $4,761 $330,400 $165,000 $165,400
2015 $4,410 $306,500 $150,000 $156,500
2014 -- $295,700 $150,000 $145,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kathy Nelson

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4344115

REALTOR® Association of Southern Minnesota

APN: 30-117-22-43-0008

Minnesota Hennepin County Minnetonka 55345

5314 Michaele Ln, Minnetonka, MN

This home is located at 5314 Michaele Ln, Minnetonka, MN 55345 since 10 July 2012 and is currently estimated at $622,987, approximately $244 per square foot. This property was built in 1959. 5314 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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