5588 Orchard Cove Minnetrista, MN 55364
4
Beds
2.5
Baths
3,148
Sq Ft
9,148
Sq Ft Lot
Highlights
- Deeded Waterfront Access Rights
- Lake Front
- Game Room
- Hilltop Primary School Rated A
- 1 Fireplace
- Home Office
About This Home
As of May 2025**Highest and Best due 4/16 at noon** 2015 two story with Lake Minnetonka dock! Modern floorpan with open spaces between kitchen, living and porch. 4 bedrooms up plus upper level family room, private master suite, main floor office, 3 car garage (42' deep), huge deck overlooking private yard and unfinished lower level walkout. Listing includes boat slip #8 that can accommodate up to a 28' boat. Rare opportunity to live the full Lake Minnetonka lifestyle with a newer home under $1M.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,659
Year Built
- Built in 2015
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 72x137x52x125
- Lake Front
HOA Fees
- $133 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 3,148 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Living Room
- Home Office
- Game Room
- Lake Views
Kitchen
- Walk-In Pantry
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Drainage System
- Sump Pump
Outdoor Features
- Deeded Waterfront Access Rights
- Porch
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- Association fees include dock, professional mgmt
- New Concepts Management Association, Phone Number (952) 259-1203
- Orchard Cove Subdivision
Listing and Financial Details
- Assessor Parcel Number 1211724220038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2025
Closed on
Mar 27, 2025
Sold by
Eklund Cindy R and Eklund Justin P
Bought by
5588 Orchard Holdings Llc
Seller's Agent
Matthew Johnson
Compass
Buyer's Agent
Joe Schwartzbauer
Real Broker, LLC
List Price
$925,000
Sold Price
$975,000
Premium/Discount to List
$50,000
5.41%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.25%
Purchase Details
Closed on
Jul 23, 2019
Sold by
Maximus Homes Llc
Bought by
Klaers John and Klaers Amy
Purchase Details
Closed on
Aug 31, 2018
Sold by
Eklund Cindy R and Eklund Justin P
Bought by
Maximus Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 30, 2015
Sold by
D R Horton Inc Minnesota
Bought by
Eklund Cindy R and Eklund Justin P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.96%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $567,794 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Assignment Deed | -- | Watermark Title | |
| Contract Of Sale | $585,000 | Dhi Title Of Minnesota Inc | |
| Warranty Deed | $515,000 | Dhi Title Of Minnesota Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $565,000 | Seller Take Back | |
| Previous Owner | $360,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $975,000 | 0.0% | $310 / Sq Ft |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | Off Market | $975,000 | -- | -- |
| 04/13/2025 04/13/25 | For Sale | $925,000 | -- | $294 / 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 | $9,659 | $975,100 | $400,000 | $575,100 |
| 2022 | $6,775 | $844,000 | $350,000 | $494,000 |
| 2021 | $6,266 | $651,000 | $240,000 | $411,000 |
| 2020 | $6,657 | $602,000 | $200,000 | $402,000 |
| 2019 | $6,501 | $597,000 | $200,000 | $397,000 |
| 2018 | $6,820 | $581,000 | $200,000 | $381,000 |
| 2017 | $6,412 | $544,000 | $220,000 | $324,000 |
| 2016 | $1,323 | $92,000 | $92,000 | $0 |
| 2015 | $1,036 | $75,000 | $75,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Johnson
Seller's Agent in 2025
Matthew Johnson
Compass
(612) 801-7580
4 in this area
66 Total Sales
-
Joe Schwartzbauer
Buyer's Agent in 2025
Joe Schwartzbauer
Real Broker, LLC
(612) 743-0274
1 in this area
197 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6695362
APN: 12-117-24-22-0038
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