$365,000
SOLD APR 25, 2025

5501 Mayview Rd Minnetonka, MN 55345

1.38 Acres
$264,493 Price per Acre
60,113 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

27% Below List Price

161 Days on Market

Highlights

  • Lake View
  • No HOA
  • 4-minute walk to Glen Moor Park
  • Hopkins Senior High School Rated A-
  • Many Trees

About This Lot

As of April 2025

Tear Down Home on site/ possible renovation, Handyman Project. Detached 3 car garage on site. Lender owned, EZ finance options with new construction build or renovation. Proposed Home to Be built 6-7 months from permit issue, custom drawn plan option available also. Possible Lot split with lot line adjustment.

Last Agent to Sell the Property

Richard Vogelgesang

Edina Realty, Inc. Listed on: 11/15/2024

Edina Realty, Inc.

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,599

Lot Details

  • Lot Dimensions are 200x300
  • Many Trees
  • Finished Lot(s)

Property Views

  • Lake Views

Community Details

  • No Home Owners Association
  • Built by WEST BAY HOMES

Listing and Financial Details

  • Assessor Parcel Number 3411722120048

Property Details

Property Type

Land

Est. Annual Taxes

$5,599

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Water Body Name: Glen
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted

Exterior Features

  • LakeChain: N

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Phone Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • Topography: High Ground,Level
  • Waterfront YN: No
  • Lot Size: 200x300
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 687936

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3411722120048
  • Tax Annual Amount: 5599
  • TaxWithAssessments: 5599.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 27, 2023
Sold by
Bezek Thomas P
Bought by
Dewitz Enterprises Llc
Seller's Agent
Gregory Hahn
Coldwell Banker Realty
Buyer's Agent
Gunnar Oas
Coldwell Banker Realty
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
3
Current Estimated Value
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,000

Purchase Details

Closed on
Jul 14, 2022
Sold by
Bezek Christine M
Bought by
Bezek Thomas P and Bongard Angelina

Purchase Details

Closed on
Dec 19, 2018
Sold by
Bezek William J and Bezek Linda
Bought by
Bezek Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
4.84%
Mortgage Type
FHA
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Deed $420,000 Watermark Title
Deed Of Distribution -- None Listed On Document
Warranty Deed -- Timios Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $472,500 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2025 04/25/25 Sold $365,000 -8.8% $241 / Sq Ft
03/24/2025 03/24/25 Price Changed $400,000 -20.0% $264 / Sq Ft
11/15/2024 11/15/24 For Sale $499,900 +19.0% $330 / Sq Ft
03/03/2023 03/03/23 Sold $420,000 -6.5% $229 / Sq Ft View Prior Sale
06/17/2022 06/17/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $449,000 +6.9% $245 / Sq Ft
12/07/2021 12/07/21 Off Market $420,000 -- --
12/03/2021 12/03/21 Price Changed $449,000 -- $245 / 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
2022 $5,044 $432,000 $259,600 $172,400
2021 $3,886 $364,800 $236,000 $128,800
2020 $3,802 $320,900 $236,000 $84,900
2019 $3,604 $299,600 $236,000 $63,600
2018 $3,593 $287,800 $236,000 $51,800
2017 $3,521 $269,300 $215,000 $54,300
2016 $4,579 $332,200 $215,000 $117,200
2015 $4,139 $296,800 $200,000 $96,800
2014 -- $290,200 $200,000 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6632064

NorthstarMLS

APN: 34-117-22-12-0007