Back 5232 Michaele Lane
Off Market

5232 Michaele Lane

Minnetonka MN 55345

3
2
4
1560 sq. ft.
23086.8 sq. ft.
Single-Family
Last sold for $335,000
Jeremy DriverJeremy Driver, last sold this property on 01 June 2020 after 24 days on market.

Overview

Tremendous opportunity to gain equity in the coveted Minnetonka school district! Perfect for an investor. Amazing 1/2 acre lot with plenty of space to add on. Pretty living room with a large bay window overlooking the expansive yard. Home features also include hardwood floors, 2 fireplaces, a walkout basement AND a deck off the kitchen. Plus, a separate two car large barn (24x28) for boats, cars or other toys...also includes a loft & lower level storage. Great proximity to 7-HI shopping.

Features

3 bedrooms
2 bathrooms
4 carspaces
4 garage spaces
1560 sq. ft. floor area
23086.8 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Minnetonka over the last 12 months, the estimated median property value of 5232 Michaele Lane is $479.5k.

Median value
$479.5k
Estimated value range
$215k - $1.18m
Median days on market
10
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Minnetonka. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5232 Michaele Lane

2020
Sold
$335,000
01 Jun 2020 by Jeremy Driver, of Edina Realty, Inc.
2012
Sold
$250,000
17 Aug 2012 by Joel Hentges, of Counselor Realty Inc. - Arden Hills

Happy sellers in Minnetonka

95%
95% of sellers in Minnetonka reported that their sale price either exceeded or met their price expectations.

Minnetonka stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Minnetonka over the last 12 months.

Local market activity for 3 bedroom single-family properties in Minnetonka

In the last 12 months, 85 three-bedroom single-family properties similar to 5232 Michaele Lane, have been sold.

This represents a 12% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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