NOT LISTED FOR SALE

5530 Lakeland Rd Minnetonka, MN 55345

Covington Neighborhood

Estimated Value: $454,000 - $487,000

3 Beds
2 Baths
1,191 Sq Ft
$399/Sq Ft Est. Value

About This Home

This home is located at 5530 Lakeland Rd, Minnetonka, MN 55345 and is currently estimated at $475,744, approximately $399 per square foot. 5530 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Sari Aaron and Draper Shannon M
Bought by
Sari Aaron and Draper Shannon M
Current Estimated Value
$475,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Outstanding Balance
$260,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$215,165

Purchase Details

Closed on
May 27, 2016
Sold by
Peikert Lisa Marie
Bought by
Sari Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,886
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2001
Sold by
Riley John T and Riley Victoria D
Bought by
Wieman Steve M and Wieman Lisa M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

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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
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Sari Aaron -- Ancona Title
Sari Aaron $304,400 Midland Title
Wieman Steve M $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sari Aaron $287,000
Closed Sari Aaron $298,886
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 $5,449 $419,900 $213,400 $206,500
2023 $5,237 $418,600 $213,400 $205,200
2022 $5,045 $418,600 $213,400 $205,200
2021 $4,694 $369,000 $194,000 $175,000
2020 $4,528 $346,000 $194,000 $152,000
2019 $4,301 $321,700 $194,000 $127,700
2018 $3,933 $305,500 $194,000 $111,500
2017 $3,786 $269,100 $166,200 $102,900
2016 $3,536 $252,400 $148,500 $103,900
2015 $3,321 $237,700 $150,000 $87,700
2014 -- $212,300 $150,000 $62,300
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Covington

5530 Lakeland Rd, Minnetonka, MN

Not Listed for Sale

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