Investor special on a spacious, wooded lot with a private wetland view! This 3 bed, 2 bath home features walk-in closets, a fully fenced backyard, and a cozy fireplace in the lower-level family room. Enjoy peaceful views from the main floor deck, perfect for morning coffee or evening relaxation. With great bones and tons of potential, this one is ready for your updates and personal touch. Ideal opportunity for investors or buyers looking to build equity. Don’t miss the setting - nature lovers will appreciate the privacy and green space out back!
Closed
$225,000
5881 Covington Ln, Minnetonka, MN 55345
3beds
1,348sqft
Twin Home
Built in 1983
0.28 Acres Lot
$231,100 Zestimate®
$167/sqft
$2,502 Estimated rent
Home value
$231,100
$213,000 - $252,000
$2,502/mo
Zestimate® history
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$1,171/mo
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$1,171/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Justin Campbell 320-500-4397,
eXp Realty
Bought with:
Justin Campbell
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6705195
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Bedroom 2
- Level: Lower
- Area: 117 Square Feet
- Dimensions: 13x9
Bedroom 3
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Family room
- Level: Lower
- Area: 195 Square Feet
- Dimensions: 15x13
Kitchen
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Living room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator
Features
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 1,348
- Total interior livable area: 1,348 sqft
- Finished area above ground: 770
- Finished area below ground: 640
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Fencing: None
Lot
- Size: 0.28 Acres
- Dimensions: 65 x 188
- Features: Irregular Lot, Tree Coverage - Heavy
Details
- Foundation area: 770
- Parcel number: 3111722420043
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Twin Home
- Attached to another structure: Yes
Materials
- Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Covington Heights
HOA
- Has HOA: No
Location
- Region: Minnetonka
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $283,600
- Annual tax amount: $3,487
- Date on market: 5/21/2025
- Cumulative days on market: 1 day
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Listing removed | $2,195$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Price change | $2,195-4.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/9/2026 | Listed for rent | $2,295+2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/11/2025 | Listing removed | $2,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/8/2025 | Price change | $2,250-6.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Listed for rent | $2,395$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/9/2025 | Sold | $225,000$167/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6705195 Report a problem | ||
| 5/24/2025 | Pending sale | $225,000$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6705195 Report a problem | ||
| 5/23/2025 | Listed for sale | $225,000+80%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6705195 Report a problem | ||
| 11/30/2012 | Sold | $125,000$93/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1946120 Report a problem | ||
| 10/3/2012 | Listed for sale | $125,000$93/sqft |
Source: foreclosure.com Report a problem | ||
| 8/17/2012 | Listing removed | $125,000$93/sqft |
Source: Realty Group Inc. Report a problem | ||
| 8/1/2012 | Listed for sale | $125,000-21.3%$93/sqft |
Source: foreclosure.com Report a problem | ||
| 11/8/2011 | Sold | $158,738-5.8%$118/sqft |
Source: Public Record Report a problem | ||
| 3/6/2003 | Sold | $168,500+5.3%$125/sqft |
Source: Public Record Report a problem | ||
| 4/24/2002 | Sold | $160,000+68.4%$119/sqft |
Source: Public Record Report a problem | ||
| 5/9/1997 | Sold | $95,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,487 +4% | $283,600 +0.9% |
| 2024 | $3,354 +4.1% | $281,000 +1.3% |
| 2023 | $3,220 +2.2% | $277,500 +4.5% |
| 2022 | $3,153 -3.1% | $265,600 +10.3% |
| 2021 | $3,254 +0.1% | $240,700 -2.9% |
| 2020 | $3,252 -0.1% | $248,000 +4% |
| 2019 | $3,254 +0.1% | $238,500 +12.6% |
| 2018 | $3,252 +40.5% | $211,900 +26.1% |
| 2017 | $2,314 +5% | $168,100 +5.5% |
| 2016 | $2,205 +6.4% | $159,300 +10.5% |
| 2015 | $2,073 +12.8% | $144,200 -10.9% |
| 2014 | $1,838 -7.5% | $161,900 +5.8% |
| 2013 | $1,988 +1.1% | $153,000 -3.1% |
| 2012 | $1,967 +3.2% | $157,900 |
| 2011 | $1,907 +1.4% | $157,900 -7.3% |
| 2010 | $1,880 -0.9% | $170,300 -5% |
| 2009 | $1,897 -3% | $179,200 |
| 2006 | $1,956 +2.8% | $179,200 +7.4% |
| 2005 | $1,903 +8% | $166,900 +12.2% |
| 2004 | $1,761 +6% | $148,700 +12% |
| 2002 | $1,662 -38.2% | $132,800 |
| 2001 | $2,689 | -- |
Find assessor info on the county website
Neighborhood: 55345
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Nearby schools
GreatSchools rating
- 9/10Clear Springs Elementary SchoolGrades: K-5Distance: 0.2 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 3.6 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$231,100
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Estimated market value
$231,100
- Minnesota
- Hennepin County
- Minnetonka
- 55345
- 5881 Covington Ln
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