NOT LISTED FOR SALE

Estimated Value: $2,181,218 - $2,811,000

5 Beds
7 Baths
8,971 Sq Ft
$275/Sq Ft Est. Value

About This Home

This home is located at 2 Merilane Ave, Edina, MN 55436 and is currently estimated at $2,467,073, approximately $275 per square foot. 2 Merilane Ave is a home located in Hennepin County with nearby schools including Highlands Elementary School, South View Middle School, and Edina High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Berg Joseph D and Berg Emily
Bought by
Hage Kerry and Hage Kate
Current Estimated Value
$2,467,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,163,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2019
Sold by
Sherman George E
Bought by
Berg Joseph D and Berg Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2018
Sold by
Sherman Linad B
Bought by
Sherman George E

Purchase Details

Closed on
May 5, 1999
Sold by
Lindsay William G
Bought by
Sherman George E and Sherman Linda D

Purchase Details

Closed on
Sep 16, 1998
Sold by
Lindsay William G
Bought by
Sherman George E and Sherman Linda B

Purchase Details

Closed on
Jul 31, 1997
Sold by
Lindsay William G and Lindsay Helen Jo Ann
Bought by
Kitzenberg Stella M and Kitzenberg Lee A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Hage Kerry $1,551,000 Stewart Ttl Relocation Svcs
Berg Joseph D $1,375,000 Custom Home Builders Ttl Llc
Sherman George E -- None Available
Sherman George E $1,250,000 --
Sherman George E $1,250,000 --
Kitzenberg Stella M $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hage Kerry $972,625
Closed Hage Kerry $1,163,250
Previous Owner Berg Joseph D $1,100,000
Closed Kitzenberg Stella M --
Source: Public Records

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
2023 $23,755 $1,727,500 $1,250,000 $477,500
2022 $22,179 $1,607,900 $1,102,000 $505,900
2021 $20,091 $1,513,000 $1,050,000 $463,000
2020 $18,077 $1,375,000 $1,000,000 $375,000
2019 $37,051 $1,375,000 $1,250,000 $125,000
2018 $37,750 $1,375,000 $1,250,000 $125,000
2017 $38,634 $2,408,700 $1,350,000 $1,058,700
2016 $43,082 $2,638,100 $1,579,400 $1,058,700
2015 $39,293 $2,512,500 $1,579,400 $933,100
2014 -- $2,226,000 $1,579,400 $646,600
Source: Public Records

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