NOT LISTED FOR SALE

5518 Lakeland Rd Minnetonka, MN 55345

Covington Neighborhood

Estimated Value: $571,206 - $660,000

5 Beds
6 Baths
1,982 Sq Ft
$314/Sq Ft Est. Value

About This Home

This home is located at 5518 Lakeland Rd, Minnetonka, MN 55345 and is currently estimated at $622,052, approximately $313 per square foot. 5518 Lakeland Rd is a home located in Hennepin County with nearby schools including Scenic Heights Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
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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

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 $6,578 $499,800 $213,400 $286,400
2023 $6,116 $488,900 $213,400 $275,500
2022 $5,770 $464,700 $213,400 $251,300
2021 $5,504 $418,500 $194,000 $224,500
2020 $5,702 $401,100 $194,000 $207,100
2019 $5,594 $398,200 $194,000 $204,200
2018 $5,053 $389,500 $194,000 $195,500
2017 $4,896 $340,000 $156,700 $183,300
2016 $4,810 $333,500 $139,500 $194,000
2015 $4,689 $324,100 $150,000 $174,100
2014 -- $281,900 $150,000 $131,900
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Covington

5518 Lakeland Rd, Minnetonka, MN

Not Listed for Sale

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