Seller's Agent in 2025
Charly Marggraf
Compass
(612) 702-3988
1 in this area
73 Total Sales
4075 W 51st St Unit 403 Edina, MN 55424
Arden Park Neighborhood
2
Beds
2
Baths
1,604
Sq Ft
$673/mo
HOA Fee
Highlights
- Porch
- 1 Car Attached Garage
- 1-Story Property
- Concord Elementary School Rated A
- Guest Parking
- Central Air
About This Home
As of June 2025Welcome to The Lanterns, a charming community just steps away from the vibrant 50th and France area. This location is unbeatable, offering easy access to shopping, delightful restaurants, grocery stores, and beautiful parks—all just a short stroll from your front door. This spacious top-floor unit is one of the largest in the building, with over 1,600 square feet of living space, featuring 2 bedrooms, 2 bathrooms, a generous kitchen, living room, and dining area. The well-maintained building with an efficient association ensures a comfortable and low-maintenance lifestyle year-round.The primary suite is complete with its own bath and large closets, offering a peaceful retreat. The second bedroom can easily serve as an office or flexible space to suit your needs. Enjoy relaxing on the lovely porch that extends from the living room. This home is part of an estate and is being sold as-is, presenting a wonderful opportunity for you to personalize and make it your own.As a 55+ building, this is the perfect place for those looking to downsize, escape winters, or simply enjoy a more relaxed lifestyle. With only service animals allowed, peace and tranquility are assured. This is your chance to make The Lanterns your new home—don’t miss it!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,058
Year Built
- Built in 1970
HOA Fees
- $673 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Guest Parking
- Assigned Parking
Interior Spaces
- 1,604 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Porch
Utilities
- Central Air
- Baseboard Heating
Community Details
- Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
- Multiventure Lori Association, Phone Number (952) 456-6510
- High-Rise Condominium
- Condo 0002 The Lanterns Edina Subdivision
Listing and Financial Details
- Assessor Parcel Number 1802824410036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 20, 2019
Sold by
Richard And Lynn Warden Revocable Trust
Bought by
Warden Disclaimer Trust
Total Days on Market
51
Purchase Details
Closed on
Aug 24, 2007
Sold by
Kenney Delores B
Bought by
Warden Richard H and Warden Lynn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500 | None Available | |
| Warranty Deed | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $252,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $400,000 | -4.8% | $249 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $420,000 | -- | $262 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,058 | $422,000 | $135,000 | $287,000 |
| 2022 | $4,981 | $422,000 | $135,000 | $287,000 |
| 2021 | $4,797 | $387,000 | $100,000 | $287,000 |
| 2020 | $4,887 | $372,000 | $85,000 | $287,000 |
| 2019 | $4,615 | $372,000 | $85,000 | $287,000 |
| 2018 | $3,174 | $352,000 | $75,000 | $277,000 |
| 2017 | $3,000 | $219,000 | $50,000 | $169,000 |
| 2016 | $2,911 | $209,000 | $40,000 | $169,000 |
| 2015 | $2,800 | $209,000 | $40,000 | $169,000 |
| 2014 | -- | $171,100 | $40,000 | $131,100 |
Source: Public Records
Agents Affiliated with this Home
-
Charly Marggraf
-
David Mancha
D
Buyer's Agent in 2025
David Mancha
RE/MAX Results
(512) 535-8781
1 in this area
4 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6704277
APN: 18-028-24-41-0036
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