NOT LISTED FOR SALE

5888 Red Cherry Ln Minnetonka, MN 55345

Estimated Value: $454,000 - $496,000

3 Beds
2 Baths
1,264 Sq Ft
$378/Sq Ft Est. Value

About This Home

This home is located at 5888 Red Cherry Ln, Minnetonka, MN 55345 and is currently estimated at $478,256, approximately $378 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
Oct 31, 2017
Sold by
Thompson Patrick L and Thompson Judy E
Bought by
Olan Juan A and Olan Victoria E
Current Estimated Value
$478,256

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
Outstanding Balance
$233,295
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$244,961
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Olan Juan A $349,900 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olan Juan A $279,900
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $5,615 $431,600 $173,800 $257,800
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

Minnesota Hennepin County Minnetonka 55345

5888 Red Cherry Ln, Minnetonka, MN

Not Listed for Sale

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