NOT LISTED FOR SALE

5342 Picha Rd Minnetonka, MN 55345

Spring Hill Park Neighborhood

Estimated Value: $1,002,134 - $1,209,000

5 Beds
4.5 Baths
4,211 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $682,319 $162 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,135/month

10 Days on Market

Highlights

  • Under Construction
  • Deck
  • Breakfast Area or Nook
  • Scenic Heights Elementary School Rated A+
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of November 2013

New construction in Minnetonka Schools. Granite, custom cabinets, walnut flooring and more...still time to pick out carpet, tile, and wall colors. Culdesac surrounded by other new homes created by same Custom builder only two lots left.

Last Agent to Sell the Property

Colleen Johnson

RE/MAX Advantage Plus Listed on: 09/10/2013

Last Buyer's Agent

Brad Fox

Dwell Realty Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 108x158
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Gas Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

Listing and Financial Details

  • Assessor Parcel Number 2911722430079

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,969

Year Built

Built in 2013 | Under Construction

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.5
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1380
  • New Development: Yes
  • Parcel Number: 2911722430079
  • Projected Closed Date: 11/29/2013
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 2969
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Microwave, Wall Oven
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 20x16, On Level: Main
  • Room 2: Dining Room, 14x14, On Level: Main
  • Room 3: Family Room, 24x12, On Level: Lower
  • Room 4: Kitchen, 16x14, On Level: Main
  • Room 5: Bedroom, 21x17, On Level: Upper
  • Room 6: Bedroom, 14x14, On Level: Upper
  • Room 7: 16x15, On Level: Upper
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: Laundry Room, 8x8, On Level: Upper
  • Room 10: Den/Office, 14x12, On Level: Main
  • Room 11: Media Room, 24x20, On Level: Lower
  • Room 12: Bedroom, 14x12, On Level: Lower
  • Room 13: Mud Room, 8x7, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3103
  • Below Grade Finished Sq Ft: 1108
  • Total Fin Square Footage: 4211

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 108x158
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2013

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 2969

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2016
Sold by
Fox Brad and Fox Heather
Bought by
Wolter Robert J and Wolter Patricia N
Current Estimated Value
$1,138,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Outstanding Balance
$470,062
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$668,722

Purchase Details

Listed on
Sep 10, 2013
Closed on
Dec 27, 2013
Sold by
Fox Heather and Fox Brad
Bought by
Tonka Development Llc
Seller's Agent
Colleen Johnson
RE/MAX Advantage Plus
Buyer's Agent
Brad Fox
Dwell Realty Partners, LLC
List Price
$650,000
Sold Price
$682,319
Premium/Discount to List
$32,319
4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$128,855
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 10, 2013
Closed on
Nov 27, 2013
Sold by
Colson Custom Homes Llc
Bought by
Fox Brad and Fox Heather
Seller's Agent
Colleen Johnson
RE/MAX Advantage Plus
Buyer's Agent
Brad Fox
Dwell Realty Partners, LLC
List Price
$650,000
Sold Price
$682,319
Premium/Discount to List
$32,319
4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,855
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2013
Sold by
Lipe Steven T and Estate Of William O Lipe
Bought by
Tonka Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.31%
Mortgage Type
Purchase Money Mortgage
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
Wolter Robert J $735,000 Edgewater Title Group Llc
Tonka Development Llc -- Nations Title Agency Mn Inc
Fox Brad $682,317 Home Title
Colson Custom Homes Llc -- Home Title
Tonka Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolter Robert J $588,000
Previous Owner Colson Custom Homes Llc $128,855
Previous Owner Fox Brad $417,000
Previous Owner Tonka Development Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $682,319 +5.0% $162 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $650,000 -- $154 / 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 $13,163 $920,500 $202,400 $718,100
2023 $12,420 $918,800 $202,400 $716,400
2022 $11,826 $902,800 $202,400 $700,400
2021 $11,010 $805,200 $184,000 $621,200
2020 $11,571 $757,500 $184,000 $573,500
2019 $11,435 $762,000 $184,000 $578,000
2018 $10,127 $751,300 $184,000 $567,300
2017 $10,246 $670,700 $156,700 $514,000
2016 $10,403 $676,800 $139,500 $537,300
2015 $9,570 $625,000 $150,000 $475,000
2014 -- $119,200 $87,500 $31,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Colleen Johnson

    RE/MAX

  • B

    Buyer's Agent in 2013

    Brad Fox

    Dwell Realty Partners, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4532623

REALTOR® Association of Southern Minnesota

APN: 29-117-22-43-0080

Minnesota Hennepin County Minnetonka 55345 Spring Hill Park

5342 Picha Rd, Minnetonka, MN

This home is located at 5342 Picha Rd, Minnetonka, MN 55345 since 10 September 2013 and is currently estimated at $1,138,784, approximately $270 per square foot. This property was built in 2013. 5342 Picha Rd is a home located in Hennepin County with nearby schools including Scenic Heights Elementary School, Minnetonka East 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.

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