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5434 Sanibel Dr

Minnetonka, MN 55343

2 bd 1 ba 1,453 sqft Built 1981 Lot 1,525 sqft townhomes
Most recent sale
$245,000
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2021 Sold $245,000 MLS #6121580
Oct 29, 2021 Listed $249,900 MLS #6121580
Nov 4, 2017 Sold $182,900 MLS #4871946
Sep 23, 2017 Price changed $182,900 MLS #4871946
Sep 5, 2017 Listing removed $188,990 NorthstarMLS
Sep 5, 2017 Listed $184,900 MLS #4871946
Aug 22, 2017 Price changed $188,990 MLS #4861285
Aug 14, 2017 Relisted $192,900 MLS #4861285
Aug 11, 2017 Listing removed $192,900 NorthstarMLS
Aug 3, 2017 Listed $192,900 MLS #4861285
Dec 10, 2004 Sold $179,900 Public Record
Jun 9, 2003 Sold $150,000 Public Record
Aug 5, 1999 Sold $125,400 Public Record
Nov 28, 1994 Sold $80,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,600 $44,000 $262,600 $3,219
2024 $212,900 $44,000 $256,900 $3,033
2023 $209,600 $44,000 $253,600 $2,960
2020 $182,940 $2,266
2019 $170,732 $2,221
2018 $168,661 $2,331
2017 $133,200 $40,000 $173,200 $2,279
2016 $127,100 $40,000 $167,100 $2,208
2015 $117,200 $40,000 $157,200 $2,162
2014 $110,300 $40,000 $150,300 $2,072
2013 $95,100 $40,000 $135,100 $2,112
2012 $105,100 $40,000 $145,100 $2,115
2011 $109,500 $40,000 $149,500 $2,155
2010 $122,400 $40,000 $162,400 $1,971
2009 $122,400 $40,000 $162,400 $1,897
2008 $127,400 $40,000 $167,400 $1,904
2007 $143,500 $40,000 $183,500 $2,052

Property facts

Year built
1981
Property type
townhomes
Stories
2
Beds
2
Baths
1
Living area
1,453 sqft
Lot size
1,525 sqft
ZIP code
55343
City
Minnetonka
Street
Sanibel Dr
Coordinates
44.90553, -93.42707

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,180
Gross rental yield
10.68%
Implied cap rate
6.94%
Trend-extrapolated value

Frequently asked questions

When did 5434 Sanibel Dr last sell?
5434 Sanibel Dr most recently sold on Dec 29, 2021 for $245,000.
What is the current tax assessment for 5434 Sanibel Dr?
The most recent total assessment for 5434 Sanibel Dr (year 2025) is $262,600 with $3,219 in property tax.
How does 5434 Sanibel Dr's assessment compare to its last sale price?
The current assessment is 7.2% above the last sale price of $245,000.
When was 5434 Sanibel Dr built?
5434 Sanibel Dr was built in 1981.
How does 5434 Sanibel Dr compare to others on Sanibel Dr?
We track 8 other properties on Sanibel Dr. Browse the list under "Other properties on Sanibel Dr" to compare beds, baths, and sale history.
What are the property facts for 5434 Sanibel Dr?
5434 Sanibel Dr is a 2 bed, 1 bath, 1,453 sqft, 1,525 sqft lot townhomes.
Is 5434 Sanibel Dr a flip candidate?
No — 5434 Sanibel Dr does not appear in our flips dataset.
Is 5434 Sanibel Dr a tax-appeal candidate?
No — 5434 Sanibel Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$418K
2026 Q4
$426.6K
ZIP 55343 — Median Price History + Forecast

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