NOT LISTED FOR SALE

5960 Covington Terrace Minnetonka, MN 55345

Estimated Value: $297,000 - $327,000

3 Beds
2 Baths
1,454 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $342,300 $235 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,924/month

14 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Clear Springs Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Introducing... 5960 Covington Terrace in beautiful, southwest Minnetonka. This twin home has no HOA and sits on a spectacular lot with lush & peaceful surroundings. Open the front door to reveal a light and bright layout of comfortable living space. The kitchen showcases stainless steel appliances, tile backsplash, Quartz countertops and renewed cabinetry. The neighboring dining room provides access to a fabulous deck with steps down to a fire pit, ready to be shared with loved ones. The upper level houses the primary bedroom with a walk-in closet. You’ll find a full & refreshed bathroom right next door. Retreat to the lower-level family room to enjoy warmth from a gorgeous, brick fireplace with an added gas insert. This level presents two additional bedrooms, another full bathroom and laundry services. These owners missed no detail in their careful renovations – from NEW windows, doors, mechanicals, flooring, lighting, fixtures, and paint (inside & out!). This home’s premier location offers convenience to Minnetonka Schools, Purgatory Creek, and many major roadways. Enjoy a short drive to wonderful shopping & dining in Westwind Plaza – including a Super Target, Cub Foods and more. You have found a WINNER!

Last Agent to Sell the Property

Mary Pat Nydahl

Edina Realty, Inc. Listed on: 08/23/2024

Edina Realty, Inc.

Co-Listed By

Erin Nydahl

Edina Realty, Inc.

Last Buyer's Agent

Sherrie Christian

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1982

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 47x159
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Twin Home
  • Wood Siding

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Covington Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3111722420051

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,333

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 759
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 1454
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 695
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, No Int Access to Dwelling

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Primary Bedroom Walk-In Closet,Natural Woodwork,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 47x159
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3111722420051
  • Tax Annual Amount: 3333
  • TaxWithAssessments: 3333.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Sep 26, 2024
Sold by
Palzkill Bruce and Palzkill Anne
Bought by
Johnk Cory and Johnk Johanna
Seller's Agent
Mary Pat Nydahl
Edina Realty, Inc.
Buyer's Agent
Sherrie Christian
RE/MAX Advantage Plus
List Price
$335,000
Sold Price
$342,300
Premium/Discount to List
$7,300
2.18%
Views
13
Current Estimated Value
$313,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,333
Avg. Annual Appreciation
-6.95%
Original Mortgage
$337,454
Outstanding Balance
$333,675
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$19,708

Purchase Details

Listed on
Aug 23, 2024
Closed on
Sep 23, 2024
Sold by
Palzkill Bruce and Palzkill Anne
Bought by
Johnk Cory and Johnk Johanna
Seller's Agent
Mary Pat Nydahl
Edina Realty, Inc.
Buyer's Agent
Sherrie Christian
RE/MAX Advantage Plus
List Price
$335,000
Sold Price
$342,300
Premium/Discount to List
$7,300
2.18%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,454
Outstanding Balance
$333,675
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$19,708

Purchase Details

Closed on
Dec 28, 2021
Sold by
Bania Michael E
Bought by
Palzkill Bruce and Palzkill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1998
Sold by
Lachner Anton J and Lachner Janette Y
Bought by
Bahia Michael E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnk Cory $342,300 --
Johnk Cory $342,300 Trademark Title
Palzkill Bruce $273,000 Minnesota Title
Bahia Michael E $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnk Cory $337,454
Closed Johnk Cory $349,659
Previous Owner Palzkill Bruce $218,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $342,300 +2.2% $235 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $335,000 0.0% $230 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $335,000 -- $230 / Sq Ft
Source: NorthstarMLS

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 $3,325 $269,500 $126,500 $143,000
2023 $3,333 $266,400 $126,500 $139,900
2022 $3,190 $255,300 $126,500 $128,800
2021 $3,275 $231,400 $115,000 $116,400
2020 $3,281 $238,200 $115,000 $123,200
2019 $2,939 $228,500 $115,000 $113,500
2018 $2,456 $203,800 $60,000 $143,800
2017 $2,169 $148,300 $50,000 $98,300
2016 $2,171 $148,000 $50,000 $98,000
2015 $1,966 $133,100 $50,000 $83,100
2014 -- $151,300 $60,000 $91,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6589951

NorthstarMLS

APN: 31-117-22-42-0051