NOT LISTED FOR SALE

403 403 Monroe Ave S Edina, MN 55343

Presidents Neighborhood

Estimated Value: $521,000 - $583,759

5 Beds
3.5 Baths
2,475 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 21, 2014

Last sale price $435,000 $176 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,427/month

23 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • 2 Car Detached Garage
  • Hopkins Senior High School Rated A-
  • Wood Flooring
  • 2-minute walk to Alden Park

About This Home

As of April 2014

Stunning--Braz. teak floors, Travertine tile, Anderson wdws, Granite, Stainless, UL Laundry, Heated bathroom flrs & New carpet throughout. Shows like new - a Must See!

Last Agent to Sell the Property

Michael Wasem

Edina Realty, Inc. Listed on: 03/04/2014

Edina Realty, Inc.

Co-Listed By

Linda Wasem

Edina Realty, Inc.

Last Buyer's Agent

Thomas Dunn

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 137x45
  • Partially Fenced Property
  • Few Trees

Home Design

  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter

Additional Features

  • Air Exchanger
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3011721210089

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,154

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Fenced Yard - Partial, Porch
  • Estimated Number of Acres: 0.14
  • Construction: Previously Owned
  • Foundation Size: 850
  • Mechanicals: Air to Air Exchange, Electronic Air Filter
  • Parcel Number: 3011721210089
  • Projected Closed Date: 04/21/2014
  • Stories: 2 Story
  • Taxes With Assessments: 4154
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Master, Full Basement, Main Floor 1/2 Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 21x12, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 20x11, On Level: Lower
  • Room 4: Kitchen, 14x12, On Level: Main
  • Room 5: Bedroom, 16x10, On Level: Upper
  • Room 6: Bedroom, 9x11, On Level: Upper
  • Room 7: 9x11, On Level: Upper
  • Room 8: Bedroom, 9x11, On Level: Lower
  • Room 9: Den/Office, 10x9, On Level: Main
  • Room 10: Porch, 11x7, On Level: Main
  • Room 11: Bedroom, 12x9, On Level: Lower
  • Room 12: Laundry Room, 8x3, On Level: Upper
  • Room 13: Other, 10x8, On Level: Upper
  • Room 14: Deck, 17x12, On Level: Main
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1700
  • Below Grade Finished Sq Ft: 775
  • Total Fin Square Footage: 2475

Exterior Features

  • Exterior: Cement Board

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Hopkins #270

Lot Info

  • Estimated Lot Dimensions: 137x45
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2013
  • Tax Value: 4154

MLS Schools

  • School District: Hopkins #270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Grinsel Jeffrey and Grinsel Danielle
Bought by
Savelli Alexandre and Savelli Claudia
Current Estimated Value
$555,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Outstanding Balance
$223,678
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$300,916

Purchase Details

Listed on
Mar 4, 2014
Closed on
Apr 21, 2014
Sold by
Dekarske Benjamin B and Dekarske Adrienne
Bought by
Grinsel Jeffrey James and Grinsel Danielle
Seller's Agent
Michael Wasem
Edina Realty, Inc.
Buyer's Agent
Thomas Dunn
RE/MAX Results
List Price
$439,000
Sold Price
$435,000
Premium/Discount to List
-$4,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$309,500
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Boomstick Inc
Bought by
Dekarske B Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 28, 2006
Sold by
Hoffstrom Wayne D
Bought by
Boomstick Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2004
Sold by
Banken Chadwick M and Banken Janet M
Bought by
Hoffstrom Wayne D

Purchase Details

Closed on
Jul 11, 2001
Sold by
Hoffstrom Raymond D and Hoffstrom Maryann A
Bought by
Banken Chad and Banken Floris
Source: Public Records

Range of Values:

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Average Value
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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
Savelli Alexandre $576,000 --
Grinsel Jeffrey James $435,000 Edina Realty Title Inc
Dekarske B Benjamin $390,000 --
Boomstick Inc $180,665 --
Hoffstrom Wayne D $165,000 --
Banken Chad $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savelli Alexandre $226,000
Previous Owner Grinsel Jeffrey James $309,500
Previous Owner Dekarske Benjanmin B $299,000
Previous Owner Dekarske Benjamin B $78,000
Previous Owner Boomstick Inc $326,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2014 04/21/14 Sold $435,000 -0.9% $176 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $439,000 -- $177 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,609 $501,800 $160,000 $341,800
2022 $5,191 $486,100 $150,000 $336,100
2021 $4,886 $442,700 $130,000 $312,700
2020 $4,938 $418,300 $100,000 $318,300
2019 $4,745 $405,200 $97,400 $307,800
2018 $4,858 $392,800 $84,000 $308,800
2017 $5,032 $397,600 $96,000 $301,600
2016 $5,315 $405,600 $96,000 $309,600
2015 $4,815 $365,700 $90,000 $275,700
2014 -- $312,700 $116,300 $196,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4584862

REALTOR® Association of Southern Minnesota

APN: 30-117-21-21-0089