5570 Covington Rd Excelsior, MN 55331
Estimated Value: $2,071,000 - $2,709,000
5
Beds
5
Baths
5,014
Sq Ft
$483/Sq Ft
Est. Value
About This Home
This home is located at 5570 Covington Rd, Excelsior, MN 55331 and is currently estimated at $2,422,261, approximately $483 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
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
$681,132
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,741,130
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
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Home Values in the Area
Average Home Value in this Area
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 | |
| Closed | -- | $750,000 |
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 | $34,975 | $2,597,700 | $1,768,100 | $829,600 |
| 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
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