NOT LISTED FOR SALE

4524 Drexel Ave Edina, MN 55424

Country Club Neighborhood

Estimated Value: $1,483,926 - $1,748,000

3 Beds
2.5 Baths
2,798 Sq Ft
$565/Sq Ft Est. Value

Last Sold February 20, 2015

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

Est. 93% increase in value since last sale

Current estimated payment $10,083/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
  • Stories: 2 Story
  • Street Designation: Avenue
  • 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

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%
Current Estimated Value
$1,581,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,232
Avg. Annual Appreciation
6.24%
Original Mortgage
$500,000
Outstanding Balance
$381,544
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,199,688

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Jeffrey P $500,000
Previous Owner Burnett Zachary D $219,000
Previous Owner Burnett Zachary D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2024 $21,583 $1,510,300 $661,200 $849,100
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

Not Listed for Sale

Detached

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