NOT LISTED FOR SALE

5587 Orchard Cove Minnetrista, MN 55364

Estimated Value: $747,000 - $917,000

5 Beds
3.5 Baths
4,587 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $682,500 $149 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,930/month

35 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • Loft
  • Hilltop Primary School Rated A
  • Deck
  • Great Room

About This Home

As of August 2023

Incredible 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

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 07/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Jeff Vanderlinde

Vanderlinde Group | Edge Realty, Inc.

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,933

Year Built

Built in 2015

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Beach
  • Fee Frequency: Quarterly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 3270
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Water Softener Owned, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 4587
  • Below Grade Finished Sq Ft: 1317
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Great Room, Kitchen, Office, Loft, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Exercise Room
  • SqFtTotal: 4751.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • PatioPorchType: Deck
  • Lake Acres: 14729
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Storage
  • Garage Square Feet: 700

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Trash, Shared Amenities
  • Phone: 952-259-1203
  • Association Fee: 300
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Paneled Doors,Satelite Dish,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: New Concepts Management

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 72 x 169 x 71 x 197
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Tree Coverage - Light, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1211724220047
  • Tax Annual Amount: 4933
  • TaxWithAssessments: 4933.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Shared

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%
Views
38
Current Estimated Value
$809,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,300
Avg. Annual Appreciation
8.61%
Original Mortgage
$477,068
Outstanding Balance
$466,662
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$343,138

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $6,439 $653,300 $165,000 $488,300
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

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6401762

NorthstarMLS

APN: 12-117-24-22-0047