NOT LISTED FOR SALE

5948 Red Cherry Ln Minnetonka, MN 55345

Estimated Value: $449,444 - $519,000

3 Beds
2 Baths
2,468 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $296,000 $120 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,128/month

39 Days on Market

Highlights

  • Property is near public transit
  • Vaulted Ceiling
  • Formal Dining Room
  • Clear Springs Elementary School Rated A
  • Wood Flooring
  • Skylights

About This Home

As of August 2012

Beautifully updated home on scenic, private with views of Purgatory Creek. Completely updated for today's buyer, this 3BD/2BA home features a granite/stainless kit, spa-like tiled bath, wood floors, vaulted ceilings 2 fireplaces and more.

Last Listed By

Daniel Kokesh

Keller Williams Premier Realty Listed on: 06/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,138

Year Built

  • 1984

Lot Details

  • 0.26 Acre Lot
  • Landscaped with Trees

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Access to stream, creek or river
  • Patio

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3111722310048

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,138

Year Built

1984

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.26
  • Construction: Previously Owned
  • Foundation Size: 1600
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 3111722310048
  • Projected Closed Date: 08/31/2012
  • Stories: Tri-Level Split
  • Taxes With Assessments: 3973
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x15, On Level: Upper
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 26x14, On Level: Lower
  • Room 4: Kitchen, 14x14, On Level: Main
  • Room 5: Bedroom, 16x12, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 7: 14x14, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1600
  • Below Grade Finished Sq Ft: 868
  • Total Fin Square Footage: 2468

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Wood
  • Waterfront Description: Creek/Stream

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minnetonka #276

Lot Info

  • Estimated Lot Dimensions: 47x155x94x
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2014
Sold by
Downs Ryan M and Downs Jena L
Bought by
Welch Matthew T and Welch Kristin N
Total Days on Market
39
Current Estimated Value
$482,361

Purchase Details

Listed on
Jun 18, 2012
Closed on
Aug 30, 2012
Sold by
Layton Susan R
Bought by
Downs Ryan M and Downs Jena L
Seller's Agent
Daniel Kokesh
Keller Williams Premier Realty
Buyer's Agent
Steven Imhoff
Rare Form Properties
List Price
$299,900
Sold Price
$296,000
Premium/Discount to List
-$3,900
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$281,200
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2000
Sold by
Tiberghien Gary J and Tiberghien Nadene C
Bought by
Layton Susan R

Range of Values:

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Average Value
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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
Welch Matthew T $296,500 Edina Realty Title Inc
Downs Ryan M $296,000 Title One Inc
Layton Susan R $218,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs Ryan M $281,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2012 08/30/12 Sold $296,000 -1.3% $120 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $299,900 -- $122 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,138 $410,900 $173,800 $237,100
2022 $4,846 $404,900 $173,800 $231,100
2021 $4,765 $355,500 $158,000 $197,500
2020 $5,079 $350,900 $158,000 $192,900
2019 $4,657 $357,600 $158,000 $199,600
2018 $4,430 $328,700 $158,000 $170,700
2017 $4,725 $329,100 $145,000 $184,100
2016 $4,287 $300,200 $135,000 $165,200
2015 $4,882 $336,300 $150,000 $186,300
2014 -- $278,900 $150,000 $128,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4333394

REALTOR® Association of Southern Minnesota

APN: 31-117-22-31-0048