5518 Lakeland Rd Minnetonka, MN 55345
Covington NeighborhoodEstimated Value: $556,000 - $674,000
5
Beds
6
Baths
1,982
Sq Ft
$310/Sq Ft
Est. Value
About This Home
This home is located at 5518 Lakeland Rd, Minnetonka, MN 55345 and is currently estimated at $614,162, approximately $309 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.
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Home Values in the Area
Average Home Value in this Area
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 | $6,578 | $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
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