NOT LISTED FOR SALE

5342 Michaele Ln Minnetonka, MN 55345

Estimated Value: $576,353 - $589,000

4 Beds
2.5 Baths
2,663 Sq Ft
$219/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $322,000 $121 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,610/month

20 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fireplace
  • Clear Springs Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of January 2015

Doing Inspection12/29/14 CD OPTION ADDED! Hi SCHL BEHIND HOME! HUGE LOT, 4 LVLS, 2 FP'S, SEE SUPP FOR UPDATES! NEWER FUR/C.A. /APPLIANCES, PAINT, FLOORING, CARPET, STORAGE SHED IN BKYD- RARE OPPORTUNITY TO OWN IN AWESOME N'BORHOOD! HURRY! PRICED TO SELL!

Last Agent to Sell the Property

Tracy Bergman

TheMLSonline.com, Inc. Listed on: 12/15/2014

Last Buyer's Agent

Mary Dvorak

Dvorak Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1961

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 140 x 160.

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3011722430011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,572

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.51
  • Construction: Previously Owned
  • Foundation Size: 1542
  • Mechanicals: Electronic Air Filter, Water Softener-Owned
  • Parcel Number: 3011722430011
  • Projected Closed Date: 01/27/2015
  • Stories: 4+ Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 4572
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Washer
  • Total Bedrooms: 4
  • 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, 27x15, On Level: Main
  • Room 2: Dining Room, 13x14, On Level: Main
  • Room 3: Family Room, 29x13, On Level: Lower
  • Room 4: Kitchen, 15x13, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 8: Bedroom, 15x10, On Level: Lower
  • Room 9: Den/Office, 15x13, On Level: Lower
  • Room 10: Rec Room, 14x13, On Level: Lower
  • Room 11: Laundry Room, 19x11, On Level: Lower
  • Room 12: Utility Room, 15x13, On Level: Lower
  • Room 13: Wine Cellar, 15x11, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1580
  • Below Grade Finished Sq Ft: 1083
  • Total Fin Square Footage: 2663

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 140 X 160.

Building Info

  • Year Built: 1961

Tax Info

  • Year: 2014
  • Tax Value: 4572

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2014
Closed on
Jan 22, 2015
Sold by
Gipp Ronald D and Gipp Tammy Lynn
Bought by
Beil Cary J and Beil Kristine K
Seller's Agent
Tracy Bergman
TheMLSonline.com, Inc.
Buyer's Agent
Mary Dvorak
Dvorak Realty
List Price
$319,900
Sold Price
$322,000
Premium/Discount to List
$2,100
0.66%
Current Estimated Value
$582,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,838
Avg. Annual Appreciation
5.71%
Original Mortgage
$305,900
Outstanding Balance
$233,960
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$348,878
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beil Cary J $322,000 Gibraltar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beil Cary J $305,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2015 01/26/15 Sold $322,000 +0.7% $121 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $319,900 -- $120 / 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 $6,240 $475,800 $213,400 $262,400
2023 $5,932 $474,200 $213,400 $260,800
2022 $5,551 $455,000 $213,400 $241,600
2021 $5,274 $403,300 $194,000 $209,300
2020 $5,345 $385,500 $194,000 $191,500
2019 $5,259 $374,900 $194,000 $180,900
2018 $4,861 $367,700 $194,000 $173,700
2017 $4,624 $322,600 $175,000 $147,600
2016 $5,051 $348,800 $165,000 $183,800
2015 $4,789 $324,300 $150,000 $174,300
2014 -- $298,700 $150,000 $148,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tracy Bergman

    TheMLSonline.com, Inc.

  • M

    Buyer's Agent in 2015

    Mary Dvorak

    Dvorak Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4702549

REALTOR® Association of Southern Minnesota

APN: 30-117-22-43-0011

Minnesota Hennepin County Minnetonka 55345

5342 Michaele Ln, Minnetonka, MN

This home is located at 5342 Michaele Ln, Minnetonka, MN 55345 since 15 December 2014 and is currently estimated at $582,838, approximately $218 per square foot. This property was built in 1961. 5342 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes