NOT LISTED FOR SALE

5420 Tracy Lynn Terrace Minnetonka, MN 55345

Estimated Value: $463,000 - $487,000

3 Beds
2 Baths
1,564 Sq Ft
$302/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $427,000 $273 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,903/month

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Clear Springs Elementary School Rated A
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances

About This Home

As of February 2023

Offers due by 6:30 pm on Sunday, January 15. Terrific 3-bedroom home in Minnetonka School District! Updated kitchen opens fully to main floor living and dining rooms. New ship-lap accent walls, custom cabinetry book-ending both fireplaces; and luxury vinyl wood flooring make this home feel custom-detailed as well as practical. Two master suites, each with a walk-through full bathroom! Enormous, fully -fenced backyard is ready for play, entertaining, gardens and more! New furnace (2019), washer & dryer (2021) and water softener (2020)! Walk or bike to Purgatory Park. 5 minutes to Target, Cub Food and Restaurants. Move-in and enjoy!

Last Agent to Sell the Property

Carolyn Olson

Coldwell Banker Realty Brokerage Phone: 952-270-5784 Listed on: 01/06/2023

Coldwell Banker Realty

Last Buyer's Agent

Patrick Morgan

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,459

Year Built

  • Built in 1982

Lot Details

  • 0.49 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Cleared Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3111722110048

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,459

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 874
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 952-270-5784
  • Attribution Contact: 952-270-5784
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Fireplace Footings, Living Room, Wood Burning
  • Living Area: 1564
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 690
  • Basement YN: Yes
  • Dining Room Type: Great Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Deck, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Full
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Paneled Doors,Satelite Dish,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 21344.4
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Cleared, Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3111722110048
  • Tax Annual Amount: 4459
  • TaxWithAssessments: 4459.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 3, 2023
Sold by
Pedretti Joshua R and Pedretti Jaclyn Pat
Bought by
Rayner Samuel W and Dabson Abigail
Seller's Agent
Carolyn Olson
Coldwell Banker Realty
Buyer's Agent
Patrick Morgan
Coldwell Banker Realty
List Price
$429,900
Sold Price
$427,000
Premium/Discount to List
-$2,900
-0.67%
Views
33
Current Estimated Value
$471,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,997
Avg. Annual Appreciation
3.68%
Original Mortgage
$414,190
Outstanding Balance
$402,076
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$69,921

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 27, 2023
Sold by
Pedretti Joshua and Pedretti P
Bought by
Rayner Samuel and Dabson Abigail
Seller's Agent
Carolyn Olson
Coldwell Banker Realty
Buyer's Agent
Patrick Morgan
Coldwell Banker Realty
List Price
$429,900
Sold Price
$427,000
Premium/Discount to List
-$2,900
-0.67%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,190
Outstanding Balance
$402,076
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$69,921

Purchase Details

Closed on
Jul 14, 2016
Sold by
Thorp Matthew and Thorp Theresa Schuck
Bought by
Perretti Joshua R and Kruchoski Jaclyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 29, 2012
Sold by
Bellig Sandy M and Bellig Susie M
Bought by
Thorp Matthew and Thorp Theresa Schuck
Seller's Agent
Michael Wasem
Edina Realty, Inc.
Buyer's Agent
James Snaza
Homes Plus Realty
List Price
$244,900
Sold Price
$237,500
Premium/Discount to List
-$7,400
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$223,060
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Cerar Brian M and Cerar Merideth L
Bought by
Bellig Sandy M and Bellig Susie M

Purchase Details

Closed on
Jul 26, 1996
Sold by
Moynagh Michael 7 and Moynagh Margaret E
Bought by
Cerar Brian M and Cerar Merideth L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rayner Samuel W $427,000 Burnet Title
Rayner Samuel $427,000 --
Perretti Joshua R $291,000 Burnet Title
Thorp Matthew $234,800 Trademark Title Services Inc
Bellig Sandy M $259,900 --
Cerar Brian M $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayner Samuel W $414,190
Closed Rayner Samuel $409,691
Previous Owner Perretti Joshua R $232,800
Previous Owner Thorp Matthew $223,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $427,000 -0.7% $273 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $429,900 +81.0% $275 / Sq Ft
06/29/2012 06/29/12 Sold $237,500 -3.0% $129 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $244,900 -- $133 / Sq Ft
Source: NorthstarMLS

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 $5,133 $397,500 $192,000 $205,500
2023 $5,058 $404,900 $192,000 $212,900
2022 $4,459 $375,300 $192,000 $183,300
2021 $4,365 $329,300 $174,600 $154,700
2020 $4,409 $323,600 $174,600 $149,000
2019 $4,251 $313,900 $174,600 $139,300
2018 $3,954 $302,300 $174,600 $127,700
2017 $2,978 $217,500 $153,400 $64,100
2016 $3,052 $221,600 $144,100 $77,500
2015 $3,068 $221,800 $139,500 $82,300
2014 -- $211,300 $139,500 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6321216

NorthstarMLS

APN: 31-117-22-11-0048