NOT LISTED FOR SALE

5330 Tracy Lynn Terrace Minnetonka, MN 55345

Estimated Value: $444,000 - $503,000

3 Beds
2 Baths
1,842 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $285,500 $155 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,857/month

8 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Fenced Yard
  • Clear Springs Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of March 2015

Exceptionally updated home in a great neighborhood, located in Minnetonka Schools! Private, wooded backyard w/in ground pool, great for entertaining! Steps to Purgatory Park & trail system! Quick possession available!

Last Agent to Sell the Property

Blake Halverson

Coldwell Banker Burnet Listed on: 02/09/2015

Coldwell Banker Burnet

Last Buyer's Agent

John Smith

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,803

Year Built

  • Built in 1982

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 100x204x11
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk Through Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3011722440042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,803

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Asphalt, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.52
  • Construction: Previously Owned
  • Foundation Size: 942
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 3011722440042
  • Stories: Bi-Level Split
  • Street Designation: Terrace
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath, Walk Thru
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x14, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 3: Family Room, 25x15, On Level: Lower
  • Room 4: Kitchen, 11x11, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Room 7: 15x11, On Level: Lower
  • Room 8: Bedroom, 10x10, On Level: Lower
  • Room 9: Deck, 12x12, On Level: Main
  • Room 10: Patio, 12x12, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 942
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 1842

Exterior Features

  • Frontage Road: City
  • Exterior: Fiber Board
  • Out Buildings: Storage Shed
  • Pool: Heated, In-Ground, Outdoor
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 100x204x11
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2014
  • Tax Value: 3803

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Smith Johnnie Michael and Smith Cheryl
Bought by
Larson David and Larson Tirzah
Current Estimated Value
$464,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Outstanding Balance
$306,957
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$157,545

Purchase Details

Listed on
Feb 9, 2015
Closed on
Mar 16, 2015
Sold by
Brey John D and Brey Sheila K
Bought by
Smith Johnnie Michael and Smith Cheryl
Seller's Agent
Blake Halverson
Coldwell Banker Burnet
Buyer's Agent
John Smith
Keller Williams Premier Realty
List Price
$299,900
Sold Price
$285,500
Premium/Discount to List
-$14,400
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$294,921
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Jul 26, 2005
Sold by
Jennings Mary D and Jennings Bruce D
Bought by
Brey John D

Purchase Details

Closed on
Jun 4, 2001
Sold by
Brown Patrick E and Brown Silvana G
Bought by
Jennings Mary D and Jennings Bruce D

Purchase Details

Closed on
Sep 29, 1999
Sold by
Rischmiller John E and Rischmiller Kristin
Bought by
Brown Patrick E and Brown Silvana G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Larson David $365,000 Watermark Title Agency
Smith Johnnie Michael $285,500 Burnet Title
Brey John D -- --
Jennings Mary D $227,000 --
Brown Patrick E $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson David $346,750
Previous Owner Smith Johnnie Michael $294,921
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $285,500 -4.8% $155 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $299,900 -- $163 / 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 $5,039 $390,800 $192,000 $198,800
2023 $5,062 $405,200 $192,000 $213,200
2022 $4,690 $399,300 $192,000 $207,300
2021 $3,960 $345,000 $174,600 $170,400
2020 $3,944 $296,100 $174,600 $121,500
2019 $3,747 $283,600 $174,600 $109,000
2018 $3,530 $269,600 $174,600 $95,000
2017 $3,671 $261,800 $162,700 $99,100
2016 $4,311 $301,800 $153,400 $148,400
2015 $4,026 $282,200 $139,500 $142,700
2014 -- $259,800 $139,500 $120,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Blake Halverson

    Coldwell Banker Burnet

    Section Image

  • J

    Buyer's Agent in 2015

    John Smith

    Keller Williams Premier Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4715546

REALTOR® Association of Southern Minnesota

APN: 30-117-22-44-0042

Minnesota Hennepin County Minnetonka 55345

5330 Tracy Lynn Terrace, Minnetonka, MN

Not Listed for Sale

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