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  • $615,000

    5300 Michaele Ln, Minnetonka, MN 55345

    4beds
    2,290sqft
    Single Family Residence
    Built in 1962
    0.52 Acres Lot
    $652,400 Zestimate®
    $269/sqft
    $3,371 Estimated rent

    Home value

    $652,400

    $620,000 - $685,000

    $3,371/mo

    Zestimate® history
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    $3,878/mo

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    What's special

    Fantastic opportunity! Move-in ready, great location! Upper level includes eat-in kitchen with generous cabinets and quartz countertops. Large living room with access to deck, and two bedrooms including spacious Primary bedroom with walk-in closet and beautiful hardwood floors. Full bath has been updated. Large deck overlooks beautiful, flat, fully-fenced backyard. Mature trees create a private oasis. Lower level walk-out includes family room, large third bedroom, fourth bedroom, 3/4 bath with updated finishes, Laundry/utility room with access to attached garage. Anderson Windows throughout. New roof 2021. Sought-after Minnetonka Schools! Close proximity to Minnetonka High School, Purgatory Park, Library, Shopping, Restaurants, Parks and Trails. Don't miss this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Judith Devitt 612-865-6110,

    Coldwell Banker Realty

    Bought with:

    Peyman Najafi

    Realty Group LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6561395MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 243 Square Feet
    • Dimensions: 18x13.5
    Bedroom 2
    • Level: Upper
    • Area: 141.75 Square Feet
    • Dimensions: 13.5x10.5
    Bedroom 3
    • Level: Lower
    • Area: 188.5 Square Feet
    • Dimensions: 14.5x13
    Bedroom 4
    • Level: Lower
    • Area: 118.75 Square Feet
    • Dimensions: 12.5x9.5
    Deck
    • Level: Upper
    • Area: 704 Square Feet
    • Dimensions: 32x22
    Dining room
    • Level: Upper
    • Area: 128.25 Square Feet
    • Dimensions: 13.5x9.5
    Family room
    • Level: Lower
    • Area: 351 Square Feet
    • Dimensions: 26x13.5
    Kitchen
    • Level: Upper
    • Area: 141.75 Square Feet
    • Dimensions: 13.5x10.5
    Laundry
    • Level: Lower
    • Area: 396 Square Feet
    • Dimensions: 18x22
    Living room
    • Level: Upper
    • Area: 420 Square Feet
    • Dimensions: 21x20
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    Features
    • Basement: Drain Tiled,Finished,Full,Sump Pump,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Amusement Room, Living Room, Wood Burning
    Interior area
    • Total structure area: 2,290
    • Total interior livable area: 2,290 sqft
    • Finished area above ground: 1,220
    • Finished area below ground: 1,070

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Fencing: Chain Link,Full,Wood
    Lot
    • Size: 0.52 Acres
    • Dimensions: 140 x 162.25
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1220
    • Parcel number: 3011722430007
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minnetonka
    • Subdivision: Skyline Terrace

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    8/28/2024Sold$615,000$269/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6561395 Report a problem
    7/30/2024Pending sale$615,000$269/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6561395 Report a problem
    7/24/2024Price change$615,000-1.6%$269/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6561395 Report a problem
    7/12/2024Price change$625,000-3.8%$273/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6561395 Report a problem
    6/30/2024Listed for sale$650,000+58.5%$284/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6561395 Report a problem
    7/9/2018Sold$410,000$179/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4939424 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,844 +9.8%$543,700 +5.4%
    2024$6,235 +1.2%$515,700 +3.5%
    2023$6,158 +4.9%$498,400 +2%
    2022$5,870 +2.5%$488,700 +14.8%
    2021$5,728 -0.3%$425,800 +2.2%
    2020$5,743 +0.3%$416,600 +4.2%
    2019$5,728 -0.3%$400,000 +8.1%
    2018$5,743 +17.7%$369,900 +11.8%
    2017$4,878 +2.6%$330,900 +0.1%
    2016$4,753 -0.3%$330,700 +7.3%
    2015$4,766 +7.4%$308,200 +18.9%
    2014$4,437 +20.6%$259,300 +0.2%
    2013$3,680 +8.7%$258,800 +3.1%
    2012$3,387 +4.2%$251,100 +0%
    2011$3,251 +2.9%$251,000 -6%
    2010$3,161 -2.7%$267,100 -6.6%
    2009$3,250 -1.5%$286,000 +1.2%
    2006$3,299 +7.7%$282,600 +12.1%
    2005$3,062 +10.4%$252,000 +15%
    2004$2,773 +5.6%$219,200 +12%
    2002$2,627 -40.5%$195,800
    2001$4,412 --

    Find assessor info on the county website

    Neighborhood: 55345

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $652,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $652,400