5864 Red Cherry Ln Minnetonka, MN 55345
Estimated Value: $319,000 - $424,000
About This Home
Beautiful one level two bedroom one bath home with office/den in beautiful Minnetonka neighborhood!
Steps from Clear Springs Elementary, multiple parks, and 101&62. Minutes to Chanhassen, Excelsior, Wayzata, Cub, Target, Caribou, Unmapped, Lakewinds, Maynard's, Ike's.
-NO STAIRS!
-Newer appliances
-fenced in back yard!
-large deck!
-HUGE closets! Master has a HUGE walk in!
-electric fireplace insert!
-low utility costs
Master bedroom is 16x14 with HUGE walk in closet, powder room, and bathroom door.
Second bedroom is 16x12 with huge closets.
Third room office/den is 14x10.
Award winning Minnetonka schools Clear Springs Elementary a 5 minute WALK away!
What I love about this area?
convenience! Easy access to Highways 5, 7, and 101 you can be anywhere in the metro in 30 minutes. Every kind of shop or store you can imagine is within 10 minutes. There are also city parks and trails in EVERY direction and Lake Minnetonka a 5 minute drive away!
Ownership History
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rause Bryan | $300,000 | None Listed On Document | |
| Lyman Spencer Wyatt | -- | None Available | |
| Lyman Spencer | $225,000 | -- | |
| Vogel Matthew S | $123,900 | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lyman Spencer Wyatt | $236,250 | |
| Previous Owner | Lyman Spencer Wyatt | $210,000 | |
| Previous Owner | Lyman Spencer | $220,924 | |
| Previous Owner | Vogel Matthew Stephen | $91,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Off Market | $2,550 | -- | -- |
| 06/03/2025 06/03/25 | Price Changed | $2,550 | 0.0% | $2 / Sq Ft |
| 06/03/2025 06/03/25 | For Rent | $2,550 | -3.8% | -- |
| 06/02/2025 06/02/25 | Off Market | $2,650 | -- | -- |
| 05/01/2025 05/01/25 | Price Changed | $2,650 | -1.9% | $2 / Sq Ft |
| 04/30/2025 04/30/25 | For Rent | $2,700 | -- | -- |
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 | $3,901 | $311,800 | $150,700 | $161,100 |
| 2022 | $3,388 | $306,900 | $150,700 | $156,200 |
| 2021 | $3,530 | $256,600 | $137,000 | $119,600 |
| 2020 | $3,857 | $246,800 | $137,000 | $109,800 |
| 2019 | $3,179 | $239,200 | $137,000 | $102,200 |
| 2018 | $3,339 | $232,700 | $137,000 | $95,700 |
| 2017 | $2,732 | $201,800 | $130,000 | $71,800 |
| 2016 | $3,117 | $197,600 | $100,000 | $97,600 |
| 2015 | $2,628 | $194,000 | $100,000 | $94,000 |
| 2014 | -- | $186,600 | $100,000 | $86,600 |
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