NOT LISTED FOR SALE

5350 Picha Rd Minnetonka, MN 55345

Spring Hill Park Neighborhood

Estimated Value: $789,000 - $883,000

4 Beds
4 Baths
4,131 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 5350 Picha Rd, Minnetonka, MN 55345 and is currently estimated at $829,613, approximately $200 per square foot. 5350 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Woodhaven Properties Llc
Bought by
Lavelle William and Lavelle Rachel
Current Estimated Value
$829,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,570
Outstanding Balance
$497,143
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$332,470

Purchase Details

Closed on
Jan 26, 2022
Sold by
Woodhaven Properties Llc
Bought by
Lavelle William and Lavelle Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,570
Outstanding Balance
$497,143
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$332,470

Purchase Details

Closed on
Mar 21, 2018
Sold by
Reller Carl and Estate Of Janet Marie Reller
Bought by
Woodhaven Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Lavelle William $700,000 --
Lavelle William $700,000 Carver County Abstract & Title
Woodhaven Properties Llc $225,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavelle William $537,570
Closed Lavelle William $540,000
Source: Public Records

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 $10,303 $738,200 $202,400 $535,800
2023 $9,406 $715,300 $202,400 $512,900
2022 $7,761 $622,000 $202,400 $419,600
2021 $4,386 $523,000 $184,000 $339,000
2020 $4,703 $280,600 $184,000 $96,600
2019 $3,782 $278,900 $184,000 $94,900
2018 $3,296 $273,600 $184,000 $89,600
2017 $3,090 $225,600 $156,700 $68,900
2016 $2,866 $210,400 $139,500 $70,900
2015 $2,918 $213,000 $150,000 $63,000
2014 -- $196,800 $150,000 $46,800
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Spring Hill Park

5350 Picha Rd, Minnetonka, MN

Not Listed for Sale

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