5420 Spring Ln Minnetonka, MN 55345
Estimated Value: $529,000 - $637,000
4
Beds
2
Baths
2,248
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- Deck
- Vaulted Ceiling
- Great Room
- Clear Springs Elementary School Rated A
- 2 Fireplaces
- 2 Car Attached Garage
About This Home
As of May 2019This is a beautiful Minnetonka schools home with modern updates - new flooring in the upper level, remodeled open kitchen layout, new picture window overlooking a private backyard in the great room and a new maintenance free deck. Two new painted, stamped concrete patios: one lower level at the walkout, one at the entry. Remodeled bathrooms with upgraded fixtures. House faces the tranquil Purgatory Park – which has a large, fantastic off-leash area for your dog.Very close to Minnetonka High School, the library, shops and restaurants. Connected to bike paths that can take you west to Excelsior and Carver Park, or east to Minneapolis and all over the twin cities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,321
Year Built
- Built in 1982
Lot Details
- 0.58 Acre Lot
- Lot Dimensions are 195x123x220x124
- Few Trees
Parking
- 2 Car Attached Garage
Home Design
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Great Room
- Tile Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
Community Details
- Tonka Court 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3111722110055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2019
Closed on
May 17, 2019
Sold by
Cox Thomas P and Cox Oksana
Bought by
Wingert Daniel C
Seller's Agent
Colleen Johnson
RE/MAX Advantage Plus
Buyer's Agent
Stephanie Gruver
RE/MAX Results
List Price
$449,900
Sold Price
$451,100
Premium/Discount to List
$1,200
0.27%
Total Days on Market
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,741
Avg. Annual Appreciation
4.37%
Original Mortgage
$360,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 12, 2016
Sold by
Swanson Jerod
Bought by
Cox Thomas P and Cox Oksana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,900
Interest Rate
2.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 3, 2010
Sold by
Lechner Richard L and Lechner Yvette R
Bought by
Swanson Jerod
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,926
Interest Rate
5.5%
Mortgage Type
FHA
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wingert Daniel C | $451,100 | Titlesmart Inc | |
| Cox Thomas P | $369,900 | Trademark Title Services Inc | |
| Swanson Jerod | $262,000 | -- | |
| Swanson Jerod | $262,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wingert Daniel C | $338,000 | |
| Closed | Wingert Daniel C | $360,000 | |
| Previous Owner | Cox Thomas P | $170,207 | |
| Previous Owner | Cox Thomas P | $219,900 | |
| Previous Owner | Swanson Jerod | $224,000 | |
| Previous Owner | Swanson Jerod | $239,926 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2019 05/17/19 | Sold | $451,100 | 0.0% | $201 / Sq Ft |
| 03/31/2019 03/31/19 | Off Market | $451,100 | -- | -- |
| 03/26/2019 03/26/19 | For Sale | $449,900 | -- | $200 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,702 | $530,000 | $213,400 | $316,600 |
| 2022 | $6,239 | $518,800 | $213,400 | $305,400 |
| 2021 | $6,084 | $452,500 | $194,000 | $258,500 |
| 2020 | $6,084 | $442,500 | $194,000 | $248,500 |
| 2019 | $5,785 | $423,700 | $194,000 | $229,700 |
| 2018 | $5,321 | $401,900 | $194,000 | $207,900 |
| 2017 | $4,197 | $295,400 | $175,000 | $120,400 |
| 2016 | $4,097 | $288,100 | $165,000 | $123,100 |
| 2015 | $3,597 | $255,200 | $150,000 | $105,200 |
| 2014 | -- | $229,100 | $150,000 | $79,100 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Johnson
Seller's Agent in 2019
Colleen Johnson
RE/MAX Advantage Plus
(612) 275-9734
112 Total Sales
-
Stephanie Gruver
Buyer's Agent in 2019
Stephanie Gruver
RE/MAX
(612) 581-5842
230 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST5204526
APN: 31-117-22-11-0055
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