NOT LISTED FOR SALE

5501 Mayview Rd Minnetonka, MN 55345

Estimated Value: $239,000

1.38 Acres
$173,188 Price per Acre
60,113 Sq Ft Lot

Sale Details

Date Sold: April 25, 2025

Last sale price $365,000 $241 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,523 / mo

161 Days on Market

Highlights

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

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

Year Built

  • Built in 1940

Property Views

  • Lake Views

Lot Details

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

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

Year Built

Built in 1940

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Year Built: 1940
  • FractionalOwnershipYN: No
  • Improvements: Curbs, Paved Streets, Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted
  • Basement YN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictPhone: 9529884000

Lot Info

  • Topography: High Ground,Level
  • Waterfront YN: No
  • Lot Size: 200x300
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 687936
  • Yearly/Seasonal: Yearly

Tax Info

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

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Bought by
Current Estimated Value
$239,000

Purchase Details

Closed on
Jul 14, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2018
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 Watermark Title
-- None Listed On Document
-- Timios Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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 -- $330 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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