Seller's Agent in 2023
Janet Banken
Edina Realty, Inc.
(952) 930-0330
135 Total Sales
5501 Tamarack Cir Minnetonka, MN 55345
Estimated Value: $940,033 - $1,037,000
5
Beds
4.5
Baths
3,757
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Home fronts a pond
- Recreation Room
- Double Oven
- Clear Springs Elementary School Rated A
- Home Office
- Stainless Steel Appliances
About This Home
As of May 2023Beautiful two-story walk-out home located in the desirable Tamarack neighborhood of Minnetonka. Centrally located and walking distance to Minnetonka schools, this super convenient location offers easy access to highways, restaurants, shopping, and parks/trails. Inside you will be welcomed with practicality and comfort with 9-foot ceilings and natural finishes. The expansive main floor has it all; a two-story foyer, formal & informal living spaces, office/den, formal & informal dining areas, open concept kitchen, discrete powder room and laundry. Upstairs you will find four spacious bedrooms including a private primary suite with multiple closets. The walk-out basement offers an additional family area to relax or play, a bathroom and bonus bedroom/office/study. Enjoy beautiful sunrises overlooking the backyard pond and cool summer nights on your private back deck or patio. Neighborhood managed HOA with active homeowner participation. A rare opportunity in a fantastic neighborhood.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,465
Year Built
- Built in 1996
Lot Details
- 0.57 Acre Lot
- Home fronts a pond
- Cul-De-Sac
- Irregular Lot
HOA Fees
- $38 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Pitched Roof
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Dining Room
- Home Office
- Game Room with Fireplace
- Recreation Room
- Storage Room
- Utility Room
Kitchen
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Natural lighting in basement
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Cable TV Available
Community Details
- Neighborhood Managed HOA, Phone Number (952) 930-0330
- Tamarack 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3111722120092
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2023
Closed on
May 23, 2023
Sold by
Bond Thomas P and Bond Marian M
Bought by
Colsch Chad F and Colsch Renee A
Seller's Agent
Janet Banken
Edina Realty, Inc.
Buyer's Agent
Janet Banken
Edina Realty, Inc.
List Price
$900,000
Sold Price
$863,000
Premium/Discount to List
-$37,000
-4.11%
Views
19
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
$129,508
Avg. Annual Appreciation
6.13%
Original Mortgage
$690,400
Outstanding Balance
$665,818
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$326,690
Purchase Details
Closed on
Aug 29, 2007
Sold by
Wietecha David and Wietecha Teresa
Bought by
Bond Thomas P and Bond Marian M
Purchase Details
Closed on
Apr 29, 1996
Sold by
Lundgren Bros Construction Inc
Bought by
Wietecha David and Wietecha Teresa M
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colsch Chad F | $863,000 | Edina Realty Title | |
| Bond Thomas P | $715,000 | -- | |
| Wietecha David | $387,819 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Colsch Chad F | $690,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $863,000 | 0.0% | $230 / Sq Ft |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- |
| 03/31/2023 03/31/23 | Off Market | $863,000 | -- | -- |
| 03/24/2023 03/24/23 | For Sale | $900,000 | -- | $240 / 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 |
|---|---|---|---|---|
| 2024 | $6,588 | $799,300 | $234,700 | $564,600 |
| 2023 | $6,304 | $803,300 | $234,700 | $568,600 |
| 2022 | $9,835 | $778,000 | $234,700 | $543,300 |
| 2021 | $9,478 | $678,900 | $213,400 | $465,500 |
| 2020 | $10,025 | $659,000 | $213,400 | $445,600 |
| 2019 | $9,761 | $666,500 | $213,400 | $453,100 |
| 2018 | $9,614 | $648,700 | $213,400 | $435,300 |
| 2017 | $9,926 | $649,400 | $192,500 | $456,900 |
| 2016 | $10,540 | $682,500 | $190,500 | $492,000 |
| 2015 | $8,973 | $589,400 | $190,000 | $399,400 |
| 2014 | -- | $534,900 | $190,000 | $344,900 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Banken
-
Sharon Habeger
Seller Co-Listing Agent in 2023
Sharon Habeger
Edina Realty, Inc.
(612) 859-3216
95 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6343730
APN: 31-117-22-12-0092
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