D
Seller's Agent in 2024
David Carlson
Gatehouse Properties LTD
(612) 807-9401
3 Total Sales
5734 Shady Oak Rd S Unit 11 Minnetonka, MN 55343
Estimated Value: $835,000 - $890,000
2
Beds
2
Baths
2,292
Sq Ft
$789/mo
HOA Fee
Highlights
- New Construction
- Deck
- 2 Car Attached Garage
- Hopkins Senior High School Rated A-
- The kitchen features windows
- Living Room
About This Home
As of August 2024Spectacular Brand-New Minnetonka Condo/Townhome Hybrid! A private 2 car garage and no common walls separates this well-designed condo style from all others. The semi-private elevator serves just 4 residences. No long hallways and a generous sized flex room for storage, exercise room, woodworking, etc. for the ultimate maint. free lifestyle. Walkable to restaurants, shops and the popular Lone Lake Park featuring 8 pickle ball courts, tennis courts and extensive walking trails. This fantastic location provides quick access to 169, Crosstown 62 and 494 making drive times to downtown, the airport etc. as convenient as it gets. Seller will buy down the rate on a 7-6 ARM to 5.99% (rate on 5.17.24) Rates vary daily. Also, Seller will contribute 36 months of the current HOA m reserve funding amount to Buyers HOA account at closing (11,125), saving $309 per month in HOA fees for 3 years! See supplements for floor plans and pricing.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,518
Year Built
- Built in 2023 | New Construction
Lot Details
- Sprinkler System
- Many Trees
- Zero Lot Line
HOA Fees
- $789 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Flex
- Pitched Roof
Interior Spaces
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Ceilings are 8 Feet High
- Drain
- Basement Storage
Home Security
Accessible Home Design
- Accessible Elevator Installed
- Roll-in Shower
- Grab Bar In Bathroom
- Wheelchair Access
- No Interior Steps
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Underground Utilities
- Gas Water Heater
Additional Features
- Air Exchanger
- Deck
Listing and Financial Details
- Property Available on 5/31/24
- Assessor Parcel Number 3511722140280
Community Details
Overview
- Association fees include hazard insurance, lawn care, ground maintenance, trash, security, snow removal, water
- Self Manages Association, Phone Number (612) 751-3849
- Low-Rise Condominium
- Villas At Oak Cov Community
- Oak Cov Condominiums Subdivision
Additional Features
- Lobby
- Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2024
Closed on
Aug 1, 2024
Sold by
Gideons Llc
Bought by
Burchill Michael
Seller's Agent
David Carlson
Gatehouse Properties LTD
Buyer's Agent
Matt Ditzler
Engel & Volkers Minneapolis Downtown
List Price
$869,900
Sold Price
$869,900
Views
4
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
-$16,468
Avg. Annual Appreciation
-1.38%
Original Mortgage
$695,920
Outstanding Balance
$686,781
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$166,651
Purchase Details
Listed on
May 18, 2024
Closed on
Jul 3, 2024
Sold by
Gideons Llc
Bought by
Burchill Michael George
Seller's Agent
David Carlson
Gatehouse Properties LTD
Buyer's Agent
Matt Ditzler
Engel & Volkers Minneapolis Downtown
List Price
$869,900
Sold Price
$869,900
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,920
Outstanding Balance
$686,781
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$166,651
Purchase Details
Closed on
Jan 26, 2024
Sold by
Pinpoint Villas At Oak Cov Llc
Bought by
Gidoens Llc
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 |
|---|---|---|---|
| Burchill Michael | $869,900 | -- | |
| Burchill Michael George | $844,314 | Watermark Title | |
| Gidoens Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burchill Michael | $695,920 | |
| Closed | Burchill Michael George | $695,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $869,900 | 0.0% | $380 / Sq Ft |
| 06/08/2024 06/08/24 | Pending | -- | -- | -- |
| 05/18/2024 05/18/24 | For Sale | $869,900 | -- | $380 / 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 |
|---|---|---|---|---|
| 2024 | $10,543 | $794,900 | $146,100 | $648,800 |
| 2023 | $10,518 | $820,200 | $146,100 | $674,100 |
| 2022 | $2,732 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Carlson
-
Matt Ditzler
Buyer's Agent in 2024
Matt Ditzler
Engel & Völkers Minneapolis
(612) 850-6751
64 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6538898
APN: 35-117-22-14-0280
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