NOT LISTED FOR SALE

4507 Drexel Ave Edina, MN 55424

Country Club Neighborhood

Estimated Value: $1,451,029 - $1,936,000

5 Beds
3.5 Baths
4,170 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $1,175,000 $282 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,063/month

107 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Concord Elementary School Rated A
  • Breakfast Area or Nook
  • Balcony

About This Home

As of June 2014

Stunning Country Club Home! Spacious & inviting w/ high level finishes throughout. State of the art kitchen w/ Sub-Zero,Wolf double ovens,cooktop & honed granite. Luxurious master,main floor family rm & mud rm. Beautiful hdwd floors & loads of built-ins.

Last Agent to Sell the Property

Anne Shaeffer

Lakes Sotheby's International Listed on: 02/18/2014

Last Buyer's Agent

Anne Shaeffer

Lakes Sotheby's International Listed on: 02/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,122

Year Built

  • 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 1802824120117

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,122

Year Built

1928

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Security System, Walk-In Closet
  • Amenities Exterior: Balcony, Deck, Inground Sprinkler System
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 1674
  • Construction: Previously Owned
  • Foundation Size: 1772
  • Mechanicals: Water Softener-Rented
  • Parcel Number: 1802824120117
  • Projected Closed Date: 06/27/2014
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 19408
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 26x15, On Level: Main
  • Room 2: Dining Room, 18x11, On Level: Main
  • Room 3: Family Room, 16x13, On Level: Main
  • Room 4: Kitchen, 18x16, On Level: Main
  • Room 5: Bedroom, 16x15, On Level: Upper
  • Room 6: Bedroom, 14x12, On Level: Upper
  • Room 7: 15x11, On Level: Upper
  • Room 8: Bedroom, 12x11, On Level: Third Floor
  • Room 9: Bedroom, 11x11, On Level: Third Floor
  • Room 10: Dining Room, 15x8, On Level: Main
  • Room 11: Family Room, 24x14, On Level: Lower
  • Room 12: Other, 15x12, On Level: Lower
  • Room 13: Mud Room, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3654
  • Below Grade Finished Sq Ft: 516
  • Total Fin Square Footage: 4170

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 60x125
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Hart John Fraser and Hart Meredith D
Bought by
Aberson Daniel Scott and Aberson Jenna Jean
Total Days on Market
107
Current Estimated Value
$1,627,257

Purchase Details

Closed on
Oct 14, 2015
Sold by
Hart John Fraser and Hart Meredith D
Bought by
Aberson Daniel Scott and Aberson Jenna Jean

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jun 27, 2014
Sold by
Balfour Edward A and Balfour Loren Kamrin
Bought by
Collier Kevin M and Collier Jane T
Seller's Agent
Anne Shaeffer
Lakes Sotheby's International
Buyer's Agent
Anne Shaeffer
Lakes Sotheby's International
List Price
$1,345,000
Sold Price
$1,175,000
Premium/Discount to List
-$170,000
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$822,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Riter Samuel C and Riter Stacey K
Bought by
Balfom Edward A and Kamrin Lori S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$893,171
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2008
Sold by
Leber Benjamon L and Leber Abby R
Bought by
Riter Samuel and Riter Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Prudential Relocation Inc
Bought by
Leber Benjamon L and Leber Abby R

Purchase Details

Closed on
May 8, 2003
Sold by
Daravingas George V and Daravingas Marie Elaine
Bought by
Tardif Eric and Kovacik Tanya M
Source: Public Records

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Range of Values:

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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
Aberson Daniel Scott $408,752 Burnet Title
Aberson Daniel Scott $408,752 Burnet Title
Collier Kevin M $1,175,000 Executive Title Inc
Balfom Edward A $1,190,895 --
Riter Samuel $1,475,000 --
Leber Benjamon L $1,300,000 --
Prudential Relocation Inc $1,300,000 --
Tardif Eric $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collier Kevin M $650,225
Previous Owner Collier Kevin M $822,500
Previous Owner Balfour Edward A $200,000
Previous Owner Balfour Edward A $893,171
Previous Owner Riter Samuel C $1,000,000
Previous Owner Tardif Eric $100,000
Previous Owner Tardif Eric $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $1,175,000 -12.6% $282 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $1,345,000 -- $323 / 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 $17,122 $1,269,100 $632,500 $636,600
2022 $15,400 $1,135,000 $552,500 $582,500
2021 $15,023 $1,076,800 $425,000 $651,800
2020 $19,221 $1,050,000 $408,000 $642,000
2019 $19,051 $1,220,700 $425,000 $795,700
2018 $19,621 $1,207,100 $425,000 $782,100
2017 $20,095 $1,210,700 $425,000 $785,700
2016 $19,675 $1,165,000 $463,300 $701,700
2015 $19,509 $1,195,700 $449,900 $745,800
2014 -- $1,144,000 $398,200 $745,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Anne Shaeffer

    Lakes Sotheby's International

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4580522

REALTOR® Association of Southern Minnesota

APN: 18-028-24-12-0117

Minnesota Hennepin County Edina 55424 Country Club

4507 Drexel Ave, Edina, MN

This home is located at 4507 Drexel Ave, Edina, MN 55424 since 18 February 2014 and is currently estimated at $1,627,257, approximately $390 per square foot. This property was built in 1928. 4507 Drexel Ave is a home located in Hennepin County with nearby schools including Concord Elementary School, South View Middle School, and Edina High School.

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