NOT LISTED FOR SALE

4524 Drexel Ave Edina, MN 55424

Country Club Neighborhood

Estimated Value: $1,269,000 - $1,767,000

3 Beds
2.5 Baths
2,798 Sq Ft
$535/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $820,000 $293 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $9,523/month

15 Days on Market

Highlights

  • Wood Flooring
  • Gazebo
  • Fenced Yard
  • Concord Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of February 2015

Wonderful opportunity to own in the greatest neighborhood in Edina! Pretty home w/ new kitchen & new baths. Main floor office, oversized yard for future expansion, if desired. Stroll to 50th & France, bike/jog to Lakes. Perfect!

Last Agent to Sell the Property

Anne Shaeffer

Lakes Sotheby's International Listed on: 12/08/2014

Last Buyer's Agent

Jacob Schaffer

BF Schaffer Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,007

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 60x140.92
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Gazebo

Utilities

  • Central Air
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1802824120133

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,007

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Full, Patio
  • Construction: Previously Owned
  • Foundation Size: 1006
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1802824120133
  • Projected Closed Date: 02/20/2015
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 9007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 24x12, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 19x11, On Level: Lower
  • Room 4: Kitchen, 14x12, On Level: Main
  • Room 5: Bedroom, 17x12, On Level: Upper
  • Room 6: Bedroom, 14x12, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Room 9: Wine Cellar, 11x6, On Level: Lower
  • Room 10: Den/Office, 13x9, On Level: Main
  • Room 11: Other, 14x14
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1902
  • Below Grade Finished Sq Ft: 896
  • Total Fin Square Footage: 2798

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Fiber Board
  • Out Buildings: Gazebo
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 60x140.92
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1933

Tax Info

  • Year: 2014
  • Tax Value: 9007

MLS Schools

  • School District: Edina #273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2014
Closed on
Feb 20, 2015
Sold by
Burnett Zachary D and Burnett Kelley R
Bought by
Schaffer Jeffrey P and Schaffer Sarah A
Seller's Agent
Anne Shaeffer
Lakes Sotheby's International
Buyer's Agent
Jacob Schaffer
BF Schaffer Real Estate
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Total Days on Market
15
Current Estimated Value
$1,496,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,832
Avg. Annual Appreciation
6.02%
Original Mortgage
$500,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2013
Closed on
Apr 8, 2013
Sold by
Olson Brian W and Olson Michelle L
Bought by
Burnett Zachary D and Burnett Kelley R
Seller's Agent
Daniel Hollerman
Lakes Sotheby's International
Buyer's Agent
Laurie Allen
Coldwell Banker Burnet
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%
Original Mortgage
$219,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2006
Sold by
Carlson Curtis G and Carlson Brenda L
Bought by
Olson Brian W and Olson Michelle L
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
Schaffer Jeffrey P $820,000 Stewart Title
Burnett Zachary D -- Burnet Title
Olson Brian W $703,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Sarah A $295,700
Open Schaffer Jeffrey $454,000
Closed Schaffer Sarah A $247,506
Closed Schaffer Jeffrey P $500,000
Previous Owner Burnett Zachary D $219,000
Previous Owner Burnett Zachary D $417,000
Previous Owner Burnett Sachary D $219,000
Previous Owner Olson Brian W $117,000
Previous Owner Olson Brian W $417,000
Previous Owner Olson Brian W $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $820,000 -3.5% $293 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
12/08/2014 12/08/14 For Sale $850,000 +6.9% $304 / Sq Ft
04/08/2013 04/08/13 Sold $795,000 0.0% $284 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $795,000 -- $284 / 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 $18,952 $1,395,600 $632,500 $763,100
2022 $11,021 $946,600 $552,500 $394,100
2021 $10,807 $795,000 $425,000 $370,000
2020 $11,293 $779,600 $408,000 $371,600
2019 $11,153 $797,700 $425,000 $372,700
2018 $11,009 $789,800 $425,000 $364,800
2017 $11,098 $755,200 $425,000 $330,200
2016 $10,062 $683,400 $481,800 $201,600
2015 $9,444 $669,400 $467,800 $201,600
2014 -- $615,600 $414,000 $201,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Anne Shaeffer

    Lakes Sotheby's International

  • J

    Buyer's Agent in 2015

    Jacob Schaffer

    BF Schaffer Real Estate

  • D

    Seller's Agent in 2013

    Daniel Hollerman

    Lakes Sotheby's International

  • L

    Buyer's Agent in 2013

    Laurie Allen

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4701308

REALTOR® Association of Southern Minnesota

APN: 18-028-24-12-0133

Minnesota Hennepin County Edina 55424 Country Club

4524 Drexel Ave, Edina, MN

This home is located at 4524 Drexel Ave, Edina, MN 55424 since 08 December 2014 and is currently estimated at $1,496,832, approximately $534 per square foot. This property was built in 1933. 4524 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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