5890 Ivy Ln Minnetonka, MN 55345
Covington Neighborhood
5
Beds
2.5
Baths
2,308
Sq Ft
0.5
Acres
Highlights
- Deck
- Family Room with Fireplace
- Stainless Steel Appliances
- Scenic Heights Elementary School Rated A+
- No HOA
- The kitchen features windows
About This Home
As of September 2024A+ Minnetonka Schools! Walk 2 Blocks to Scenic Heights Elementary. Discover this classic 1967 two-story gem. This spacious 5-bedroom, 3-bath home sits on a serene half-acre hilltop lot on a quiet, tree lined cul-de-sac street. Purgatory Park and Trails; 2 blocks away. Boulder Creek Park, playground and ball fields; 2 blocks away. The home features new hardwood floors and GORGEOUS new kitchen, offering modern convenience while preserving its timeless charm. Architectural plans are available if you desire to continue updating. Sold AS-IS, this property provides a blend of comfort, potential, and PRIME location. Don't miss the chance to create your dream home in this desirable neighborhood. Pre-Inspected. Easy to show. Quick close possible.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,904
Year Built
- Built in 1967
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 110x164x164x170
- Cul-De-Sac
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Flex
- Pitched Roof
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Boulder Creek Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3211722420006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2024
Closed on
Sep 4, 2024
Sold by
Draayer Dirk and Draayer Karen
Bought by
Kowal Bryan and Folgate Nicole
Seller's Agent
Kelly Berkley
RE/MAX Results
Buyer's Agent
Nate Thompson
Edina Realty, Inc.
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
31
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
$16,859
Avg. Annual Appreciation
-0.33%
Original Mortgage
$452,000
Outstanding Balance
$449,245
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$114,022
Purchase Details
Closed on
Jun 1, 2020
Sold by
Beach Alan L and Beach Kathleen M
Bought by
Draayer Dirk and Draayer Karen
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $565,000 | -- | |
| Warranty Deed | $388,164 | Titlesmart Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $452,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | Sold | $565,000 | +2.7% | $245 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 07/27/2024 07/27/24 | Price Changed | $550,000 | -4.3% | $238 / Sq Ft |
| 07/13/2024 07/13/24 | For Sale | $575,000 | -- | $249 / 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 |
|---|---|---|---|---|
| 2023 | $5,904 | $471,900 | $213,400 | $258,500 |
| 2022 | $5,353 | $432,400 | $213,400 | $219,000 |
| 2021 | $4,692 | $389,900 | $194,000 | $195,900 |
| 2020 | $4,932 | $345,900 | $194,000 | $151,900 |
| 2019 | $4,722 | $348,000 | $194,000 | $154,000 |
| 2018 | $4,260 | $332,900 | $194,000 | $138,900 |
| 2017 | $3,948 | $279,500 | $166,200 | $113,300 |
| 2016 | $3,830 | $271,100 | $148,500 | $122,600 |
| 2015 | $3,834 | $270,100 | $150,000 | $120,100 |
| 2014 | -- | $260,100 | $150,000 | $110,100 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2024
Kelly Berkley
RE/MAX Results
-
N
Buyer's Agent in 2024
Nate Thompson
Edina Realty, Inc.
Map
Source: NorthstarMLS
MLS Number: 6558241
APN: 32-117-22-42-0006
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