5587 Orchard Cove Minnetrista, MN 55364
Estimated Value: $707,000 - $890,000
5
Beds
3.5
Baths
4,587
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Beach
- Loft
- Hilltop Primary School Rated A
- Deck
- Great Room
About This Home
As of August 2023Incredible Value in this like new construction on a quiet cul-de-sac in the Jennings Bay community close to shopping, restaurants, and trails! Turnkey condition – fantastic value! Enjoy the Lake Minnetonka lifestyle with the shared day dock. Open concept kitchen with ample seating to enjoy cooking in the company of family! Comfortable great room with gas fireplace flanked by built in storage. Convenient office/nook off kitchen plus main floor office. Formal and informal dining spaces, mudroom with hooks, bench seating, walk in closet and attractive board & batten. The upper level features a versatile loft space, the primary suite with vaulted ceilings, a full ensuite with walk-in closet. Four total bedrooms and laundry on this level. The brand-new lower level features an exercise space, a family room with a marble tile surround for the flat screen tv., a gaming area, wet bar, a bedroom and bath. Fantastic opportunity.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 07/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,933
Year Built
- Built in 2015
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 72 x 169 x 71 x 197
- Cul-De-Sac
- Street terminates at a dead end
- Few Trees
HOA Fees
- $100 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Pitched Roof
Interior Spaces
- 2-Story Property
- Great Room
- Family Room
- Living Room with Fireplace
- Home Office
- Loft
- Home Gym
- Washer and Dryer Hookup
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Storage
- Basement Window Egress
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Deeded Waterfront Access Rights
- Shared Waterfront
- Deck
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 1211724220047
Community Details
Overview
- Association fees include professional mgmt, trash, shared amenities
- New Concepts Management Association, Phone Number (952) 259-1203
- Orchard Cove Subdivision
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Aug 31, 2023
Sold by
Young Derek A and Young Amanda K
Bought by
Navidad Eduardo and Navidad Laura
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Jeff Vanderlinde
Vanderlinde Group | Edge Realty, Inc.
List Price
$724,900
Sold Price
$682,500
Premium/Discount to List
-$42,400
-5.85%
Total Days on Market
35
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,819
Avg. Annual Appreciation
10.31%
Original Mortgage
$477,068
Outstanding Balance
$468,948
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$345,371
Purchase Details
Closed on
Aug 12, 2016
Sold by
D R Horton Inc
Bought by
Young Derek A and Young Amanda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.41%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Navidad Eduardo | $682,500 | None Listed On Document | |
| Young Derek A | $475,000 | Dhi Title Of Minnesota Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Navidad Eduardo | $477,068 | |
| Previous Owner | Young Derek A | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $682,500 | -5.8% | $149 / Sq Ft |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $724,900 | +6.2% | $158 / Sq Ft |
| 08/10/2023 08/10/23 | Off Market | $682,500 | -- | -- |
| 07/24/2023 07/24/23 | Price Changed | $724,900 | -4.4% | $158 / Sq Ft |
| 07/13/2023 07/13/23 | For Sale | $758,000 | -- | $165 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $7,361 | $764,500 | $275,000 | $489,500 |
| 2022 | $4,933 | $676,000 | $220,000 | $456,000 |
| 2021 | $4,910 | $498,000 | $121,000 | $377,000 |
| 2020 | $5,491 | $489,000 | $121,000 | $368,000 |
| 2019 | $5,320 | $508,000 | $138,000 | $370,000 |
| 2018 | $7,193 | $490,000 | $138,000 | $352,000 |
| 2017 | $5,119 | $442,000 | $150,000 | $292,000 |
| 2016 | $1,323 | $92,000 | $92,000 | $0 |
| 2015 | $1,036 | $75,000 | $75,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristi Weinstock
Seller's Agent in 2023
Kristi Weinstock
Coldwell Banker Burnet
(612) 309-8332
5 in this area
271 Total Sales
-
Jeff Vanderlinde
Buyer's Agent in 2023
Jeff Vanderlinde
Vanderlinde Group | Edge Realty, Inc.
(763) 972-3500
8 in this area
565 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6401762
APN: 12-117-24-22-0047
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 5599 Morningview Terrace
- 5755 Kramer Rd
- 1330 Langewood Dr
- 865 Bayside Ln
- 960 Bayside Ln
- 615 Clarence Ave
- 5115 Minneapolis Ave
- 1080 Crest Ridge Ct
- 5761 Sunnybrook Ln
- 655 Trails End Rd
- 1555 Bluebird Ln
- 4819 Red Oak Ln
- 5430 Three Points Blvd Unit 131
- 5430 Three Points Blvd Unit 133
- 5420 Three Points Blvd Unit 232
- 5450 Three Points Blvd Unit 623
- 5450 Three Points Blvd Unit 621
- 5440 Three Points Blvd Unit 536
- 5440 Three Points Blvd Unit 513
- 5440 Three Points Blvd Unit 525
- 5587 Orchard Cove
- 5589 Orchard Cove
- 5585 Orchard Cove
- 5591 Orchard Cove
- 5583 Orchard Cove
- 5520 Ridgewood Cove
- 5530 Ridgewood Cove
- 5586 Orchard Cove
- 5590 Orchard Cove
- 950 Orchard Trail
- 5584 Orchard Cove
- 5580 Orchard Cove
- 960 Orchard Trail
- 960 Orchard Trail
- 5530 Ridgewood Cove
- 5592 Orchard Cove
- 5490 Ridgewood Cove
- 5582 Orchard Cove
- 970 Orchard Trail
- 950 County Road 110 N