5888 Red Cherry Ln Minnetonka, MN 55345
Estimated Value: $468,446 - $512,000
3
Beds
2
Baths
1,264
Sq Ft
$386/Sq Ft
Est. Value
About This Home
This home is located at 5888 Red Cherry Ln, Minnetonka, MN 55345 and is currently estimated at $487,612, approximately $385 per square foot. 5888 Red Cherry Ln is a home located in Hennepin County with nearby schools including Clear Springs Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2023
Sold by
Olan Juan A and Olan Victoria E
Bought by
Crawford Lindsay Gray and Emry James Orville
Current Estimated Value
Purchase Details
Closed on
Oct 31, 2017
Sold by
Thompson Patrick L and Thompson Judy E
Bought by
Olan Juan A and Olan Victoria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
3.83%
Mortgage Type
New Conventional
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 |
---|---|---|---|
Crawford Lindsay Gray | $470,000 | Legacy Title | |
Olan Juan A | $349,900 | Edina Realty Title Inc |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Olan Juan A | $279,900 | |
Previous Owner | Thompson Patrick L | $243,750 | |
Previous Owner | Thompson Patrick L | $66,900 |
Source: Public Records
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 | $5,030 | $402,800 | $173,800 | $229,000 |
2022 | $4,723 | $396,900 | $173,800 | $223,100 |
2021 | $4,537 | $347,200 | $158,000 | $189,200 |
2020 | $4,763 | $335,400 | $158,000 | $177,400 |
2019 | $4,011 | $337,000 | $158,000 | $179,000 |
2018 | $3,674 | $286,700 | $158,000 | $128,700 |
2017 | $3,558 | $254,500 | $145,000 | $109,500 |
2016 | $3,633 | $258,600 | $125,000 | $133,600 |
2015 | $3,340 | $238,900 | $125,000 | $113,900 |
2014 | -- | $228,900 | $125,000 | $103,900 |
Source: Public Records
Map
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