NOT LISTED FOR SALE

5826 Salisbury Ave Minnetonka, MN 55345

Minnetonka Area

Estimated Value: $395,000 - $445,500

3 Beds
1.5 Baths
1,659 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2025

Last sale price $397,500 $240 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,683 / mo

113 Days on Market

Highlights

  • Deck
  • No HOA
  • The kitchen features windows
  • Clear Springs Elementary School Rated A
  • Lower Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of December 2025

Move in ready home in prime Minnetonka location close to Downtown Chanhassen, Excelsior, Lake Minnetonka & Lotus Lake! Great options for shopping, dining & recreation nearby, you're never far from award winning Minnetonka Schools, work or fun with easy access to Highways 62 or 7, and Cty Rd 101! Freshly painted & new carpet throughout, installed in October 2025! Don't miss this charming one story home, well maintained by the same family since 1972, surrounded by nature on a large homesite in the desirable Covington Hills Minnetonka neighborhood! Big projects like updated roof, gutters & windows are done for you! This surprising home lives larger than it appears with 3 bedrooms on the main & 3 different living areas including a finished basement! You're sure to be impressed by the bright beautiful layout featuring vaulted ceilings, custom kitchen cabinetry, Corian countertops, a tile backsplash & wood laminate flooring. The main level sunroom with woodburning fireplace is a wonderful space to enjoy with family or friends. You'll love the abundance of natural light & great views of the spacious, park-like yard with easy access to the large decks with reinforcements for a hot tub & plenty of room for outdoor dining & entertaining space as well. Tucked away in a private neighborhood with access to an ice rink, basketball court & playground just a short walk down the road in Covington Park! Schedule your tour & write us an offer today! Quick closing possible!

Last Agent to Sell the Property

Dawn Pollman

Coldwell Banker Realty Brokerage Phone: 6123082300 Listed on: 08/21/2025

Coldwell Banker Realty

Last Buyer's Agent

Gregory Winegarden

Coldwell Banker Realty

Coldwell Banker Realty

Range of Values:

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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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 106x156x150x130
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Covington Hills 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3111722320038

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,112

Year Built

Built in 1972

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 1211
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6123082300
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room
  • Living Area: 1659
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 448
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • PatioPorchType: Deck, Patio

Garage/Parking

  • Parking Features: Attached Garage, Tuckunder Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Laundry Room
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, French Doors, Hardwood Floors, Kitchen Window, Patio, Washer/Dryer Hookup

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 106x156x150x130
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3111722320038
  • Tax Annual Amount: 4112
  • TaxWithAssessments: 4112

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2025
Closed on
Dec 17, 2025
Sold by
Gustayson Teresa
Bought by
Seller's Agent
Dawn Pollman
Coldwell Banker Realty
Buyer's Agent
Gregory Winegarden
Coldwell Banker Realty
List Price
$439,999
Sold Price
$397,500
Premium/Discount to List
-$42,499
-9.66%
Views
60
Current Estimated Value
$418,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,625
Avg. Annual Appreciation
7.18%
Original Mortgage
$298,125
Outstanding Balance
$272,305
Interest Rate
6.23%
Mortgage Type
Construction
Estimated Equity
$145,820
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$397,500 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $298,125
Previous Owner Gustavson Teresa $101,000
Previous Owner Gustavson Jon B $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $397,500 -5.3% $240 / Sq Ft
12/12/2025 12/12/25 Pending -- -- --
11/21/2025 11/21/25 Price Changed $419,900 -2.3% $253 / Sq Ft
10/30/2025 10/30/25 Price Changed $429,900 -2.3% $259 / Sq Ft
10/15/2025 10/15/25 For Sale $439,999 +10.7% $265 / Sq Ft
10/07/2025 10/07/25 Off Market $397,500 -- --
08/21/2025 08/21/25 For Sale $439,999 -- $265 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,517 $345,200 $202,400 $142,800
2024 $4,112 $325,200 $202,400 $122,800
2023 $3,987 $324,800 $202,400 $122,400
2022 $3,680 $317,900 $202,400 $115,500
2021 $3,518 $276,500 $184,000 $92,500
2020 $3,646 $266,000 $184,000 $82,000
2019 $3,429 $264,200 $184,000 $80,200
2018 $3,072 $248,900 $184,000 $64,900
2017 $2,992 $218,400 $165,000 $53,400
2016 $3,040 $220,900 $155,000 $65,900
2015 $2,991 $216,900 $150,000 $66,900
2014 -- $202,100 $150,000 $52,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6776004

NorthstarMLS

APN: 31-117-22-32-0038

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