NOT LISTED FOR SALE

5894 Red Cherry Ln Minnetonka, MN 55345

Estimated Value: $498,000 - $568,000

4 Beds
4 Baths
2,112 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 5894 Red Cherry Ln, Minnetonka, MN 55345 and is currently estimated at $529,032, approximately $250 per square foot. 5894 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 19, 2021
Sold by
Jeffrey Fountain Troy
Bought by
Brown Ashley
Current Estimated Value
$529,032

Purchase Details

Closed on
Aug 23, 2021
Sold by
Jeffrey Fountain Troy
Bought by
Brown Ashley

Purchase Details

Closed on
May 4, 2007
Sold by
Bhatt Sanjir M and Bhatt Nipa S
Bought by
Fountain Troy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 1997
Sold by
Marty Larry A and Marty Sue
Bought by
Bhatt Nipa S and Bhatt Sanjiv M

Range of Values:

Collateral Analytics

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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

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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
Brown Ashley -- --
Brown Ashley -- --
Dirk Jennifer -- None Available
Fountain Troy J $305,000 --
Bhatt Nipa S $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dirk Jennifer L $250,000
Previous Owner Fountain Troy J $221,410
Previous Owner Fountain Troy J $244,000
Previous Owner Fountain Troy J $30,000
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
2023 $6,011 $480,500 $173,800 $306,700
2022 $5,080 $420,200 $173,800 $246,400
2021 $4,807 $371,400 $158,000 $213,400
2020 $4,914 $353,700 $158,000 $195,700
2019 $4,787 $346,800 $158,000 $188,800
2018 $4,414 $337,100 $158,000 $179,100
2017 $4,576 $319,600 $145,000 $174,600
2016 $4,197 $294,500 $125,000 $169,500
2015 $3,804 $268,200 $125,000 $143,200
2014 -- $242,400 $125,000 $117,400
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345

5894 Red Cherry Ln, Minnetonka, MN

Homes for Sale in Minnetonka, MN

This home is located at 5894 Red Cherry Ln, Minnetonka, MN 55345 and is currently estimated at $529,032, approximately $250 per square foot. 5894 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.

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