NOT LISTED FOR SALE

5570 Covington Rd Excelsior, MN 55331

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

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

About This Home

This home is located at 5570 Covington Rd, Excelsior, MN 55331 and is currently estimated at $2,292,110, approximately $457 per square foot. 5570 Covington Rd is a home located in Hennepin County with nearby schools including Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

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
$684,052
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,554,613

Purchase Details

Closed on
Feb 8, 2012
Sold by
Prochno Michael A
Bought by
Christmas Lake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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

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

Map

Minnesota Hennepin County Excelsior 55331

5570 Covington Rd, Excelsior, MN

This home is located at 5570 Covington Rd, Excelsior, MN 55331 and is currently estimated at $2,292,110, approximately $457 per square foot. 5570 Covington Rd is a home located in Hennepin County with nearby schools including Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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