NOT LISTED FOR SALE

5342 Michaele Ln Minnetonka, MN 55345

Estimated Value: $545,000 - $641,000

4 Beds
2.5 Baths
2,663 Sq Ft
$223/Sq Ft Est. Value

Last Sold January 26, 2015

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

Est. 84% increase in value since last sale

Current estimated payment $3,827/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%
Total Days on Market
20
Current Estimated Value
$593,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,636
Avg. Annual Appreciation
6.15%
Original Mortgage
$305,900
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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

Mortgage History

Date Status Borrower Loan Amount
Open Beil Cary J $88,000
Open Bell Cary J $342,000
Closed Beil Cary J $50,000
Closed Beil Cary J $305,900
Previous Owner Gippp Ronald D $331,500
Previous Owner Gipp Ronald D $330,000
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
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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4702549

REALTOR® Association of Southern Minnesota

APN: 30-117-22-43-0011