NOT LISTED FOR SALE

5586 Nantucket Place Minnetonka, MN 55345

Estimated Value: $422,000 - $527,677

3 Beds
3 Baths
2,640 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $410,000 $155 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,909/month

23 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Den
  • Scenic Heights Elementary School Rated A+
  • Billiard Room
  • The kitchen features windows

About This Home

As of October 2024

Welcome to your future home bordering Purgatory Park! Nestled in the prestigious Minnetonka School District, this home has direct access to the park's scenic path right behind the large, fenced-in backyard. This three-bedroom, three-bathroom home has three bedrooms and two bathrooms on the main floor. The lower level has a family room with a fireplace, a game room, an office and an additional bathroom. This is the first time this property has been available in nearly 50 years. Charming property with great potential but it does require significant updates and repairs . There are various areas that need attention. This home needs your love, but with that love it can be a masterpiece! The potential is endless! Schedule your visit today...don't miss this opportunity!

Last Agent to Sell the Property

Regina Finkelstein

RE/MAX Results Listed on: 09/04/2024

RE/MAX Results

Last Buyer's Agent

Regina Finkelstein

RE/MAX Results Listed on: 09/04/2024

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,622

Year Built

  • Built in 1972

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 200x207x70x342
  • Property is Fully Fenced
  • Chain Link Fence
  • Irregular Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3211722210036

Community Details

Overview

  • No Home Owners Association
  • Nantucket Place Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,622

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 1400
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 2640
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1240
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Informal Dining Room, Living Room, Foyer, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Den, Billiard, Other Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Full
  • Other Structures: Gazebo, Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Washer/Dryer Hookup

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 200x207x70x342
  • Lot Size Sq Ft: 24829.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3211722210036
  • Tax Annual Amount: 5622
  • TaxWithAssessments: 5622.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 11, 2024
Sold by
Schottler Kimberly and Schottler Steven
Bought by
Wang Xijiang
Seller's Agent
Regina Finkelstein
RE/MAX Results
Buyer's Agent
Regina Finkelstein
RE/MAX Results
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%
Views
42
Current Estimated Value
$460,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,669
Avg. Annual Appreciation
10.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Xijiang $410,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $410,000 0.0% $155 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/25/2024 09/25/24 Off Market $410,000 -- --
09/14/2024 09/14/24 Price Changed $450,000 -5.3% $170 / Sq Ft
09/04/2024 09/04/24 For Sale $475,000 -- $180 / Sq Ft
Source: NorthstarMLS

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 $5,806 $445,100 $213,400 $231,700
2023 $5,622 $449,400 $213,400 $236,000
2022 $5,213 $433,600 $213,400 $220,200
2021 $5,109 $380,400 $194,000 $186,400
2020 $5,180 $374,300 $194,000 $180,300
2019 $5,160 $364,200 $194,000 $170,200
2018 $4,833 $361,300 $194,000 $167,300
2017 $4,793 $333,400 $175,000 $158,400
2016 $4,969 $343,600 $165,000 $178,600
2015 $4,597 $318,300 $150,000 $168,300
2014 -- $265,700 $150,000 $115,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6596629

NorthstarMLS

APN: 32-117-22-21-0036