NOT LISTED FOR SALE

5368 Picha Rd Minnetonka, MN 55345

Spring Hill Park Neighborhood

Estimated Value: $862,810 - $941,000

5 Beds
5 Baths
2,658 Sq Ft
$344/Sq Ft Est. Value

About This Home

This home is located at 5368 Picha Rd, Minnetonka, MN 55345 and is currently estimated at $914,203, approximately $343 per square foot. 5368 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
Dec 2, 2011
Sold by
Colson Custom Homes Llc
Bought by
Wenzel Dennis and Wenzell Janelle
Current Estimated Value
$914,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
State Bank Of Delano
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
$400,000
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2011
Sold by
State Bank Of Delano
Bought by
Tonka Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage

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.

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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
Wenzel Dennis $543,114 Title Recording Services Inc
Colson Custom Homes Llc -- None Available
Tonka Development Llc $120,000 Home Title
Tonka Development $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenzel Janelle $323,250
Closed Wenzel Dennis $40,000
Closed Wenzel Dennis $417,000
Previous Owner Tonka Development Llc $400,000
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
2023 $10,413 $783,300 $202,400 $580,900
2022 $9,403 $741,600 $202,400 $539,200
2021 $9,002 $656,800 $184,000 $472,800
2020 $9,028 $633,900 $184,000 $449,900
2019 $8,906 $612,100 $184,000 $428,100
2018 $8,426 $602,600 $184,000 $418,600
2017 $7,975 $540,200 $145,000 $395,200
2016 $7,779 $526,800 $135,000 $391,800
2015 $7,599 $513,700 $125,000 $388,700
2014 -- $506,500 $125,000 $381,500
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Spring Hill Park

5368 Picha Rd, Minnetonka, MN

Homes for Sale in Minnetonka, MN

This home is located at 5368 Picha Rd, Minnetonka, MN 55345 and is currently estimated at $914,203, approximately $343 per square foot. 5368 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.