NOT LISTED FOR SALE

5570 5570 Covington Rd Shorewood, MN 55331

Estimated Value: $1,347,000 - $2,748,000

5 Beds
4.5 Baths
5,014 Sq Ft
$457/Sq Ft Est. Value

Last Sold February 08, 2012

Last sale price $1,475,000 $294 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $14,955/month

280 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Deck
  • Excelsior Elementary School Rated A
  • 1.83 Acre Lot
  • Vaulted Ceiling

About This Home

As of February 2012

SOUTH FACING LAKESHORE ON CRYSTAL CLEAR CHRISTMAS LAKE. 1.8 ACRE RETREAT WITH LONG DRIVEWAY, EXTENSIVE GARDENS AND LAKESIDE SWIMMING POOL. SALA ARCHITECTURE DESIGNED & RECONSTRUCTED IN 2003. OPEN FLOOR PLAN WITH A VARIETY OF ENTERTAINING SPACES.

Last Agent to Sell the Property

Carl Zinn

Coldwell Banker Burnet Listed on: 03/11/2011

Last Buyer's Agent

David Middleton

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,595

Year Built

  • 1965

Lot Details

  • 1.83 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • Partially Fenced Property
  • Many Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Water Softener Leased

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,595

Year Built

1965

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Security System, Skylight, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Fenced Yard - Partial, Patio, Porch
  • Estimated Number of Acres: 1.83
  • Construction: Previously Owned
  • Foundation Size: 2497
  • Mechanicals: Air to Air Exchange, Electronic Air Filter, Water Softener-Rented
  • Projected Closed Date: 02/08/2012
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 22124.4
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Basement, Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 17x14, On Level: Main
  • Room 2: Dining Room, 15x14, On Level: Main
  • Room 3: Family Room, 18x18, On Level: Main
  • Room 4: Kitchen, 17x14, On Level: Main
  • Room 5: Bedroom, 17x17, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Lower
  • Room 7: 14x11, On Level: Lower
  • Room 8: Bedroom, 14x10, On Level: Lower
  • Room 9: Rec Room, 29x12, On Level: Lower
  • Room 10: Den/Office, 19x19, On Level: Upper
  • Room 11: Den/Office, 16x15, On Level: Main
  • Room 12: Dining Room, 14x12, On Level: Main
  • Room 13: Media Room, 14x14, On Level: Lower
  • Room 14: Porch, 16x14, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 3066
  • Below Grade Finished Sq Ft: 1948
  • Total Fin Square Footage: 5014

Exterior Features

  • Frontage Road: Dead End/No Outlet
  • Waterfront Name: Christmas
  • Exterior: Wood
  • Pool: In-Ground, Heated
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 83x548x84x
  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Christmas Lake Llc
Bought by
Hayman Hill Llc
Current Estimated Value
$2,292,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$689,851
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,779,212

Purchase Details

Listed on
Mar 11, 2011
Closed on
Feb 8, 2012
Sold by
Prochno Michael A
Bought by
Christmas Lake Llc
Seller's Agent
Carl Zinn
Coldwell Banker Burnet
Buyer's Agent
David Middleton
Coldwell Banker Burnet
List Price
$1,775,000
Sold Price
$1,475,000
Premium/Discount to List
-$300,000
-16.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$900,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2005
Sold by
Mayo Geoffrey Peck
Bought by
Prochno Michael A and Prochno Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Hayman Hill Llc $2,000,000 Watermark Title Agency
Christmas Lake Llc $1,475,000 Burnet Title
Prochno Michael A $1,700,000 --
-- $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayman Hill Llc $750,000
Previous Owner Christmas Lake Llc $900,000
Previous Owner Prochno Michael A $1,050,000
Previous Owner Prochno Michael A $242,000
Closed -- $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2012 02/08/12 Sold $1,475,000 -16.9% $294 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
03/11/2011 03/11/11 For Sale $1,775,000 -- $354 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2023 $29,595 $2,310,100 $1,880,300 $429,800
2022 $31,320 $2,412,000 $1,772,000 $640,000
2021 $30,127 $2,149,000 $1,586,000 $563,000
2020 $31,338 $2,054,000 $1,508,000 $546,000
2019 $26,966 $2,036,000 $1,508,000 $528,000
2018 $26,816 $1,752,000 $1,265,000 $487,000
2017 $26,354 $1,687,000 $1,225,000 $462,000
2016 $24,298 $1,535,000 $1,150,000 $385,000
2015 $24,462 $1,535,000 $1,150,000 $385,000
2014 -- $1,403,000 $1,040,000 $363,000
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4025264

REALTOR® Association of Southern Minnesota

APN: 36-117-23-21-0020