NOT LISTED FOR SALE

Estimated Value: $767,000 - $1,221,000

4 Beds
2.5 Baths
2,800 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $627,000 $224 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,461/month

141 Days on Market

Highlights

  • Docks
  • Deck
  • Formal Dining Room
  • Highlands Elementary School Rated A
  • Wood Flooring
  • Porch

About This Home

As of November 2014

Gorgeous brick cottage style in private cul-de-sac set upon 141' of Minnehaha creek front, including dock. Remodeled, yet retaining the charm & character of the 1940s. This light filled home offers nature at it's best in the heart of Edina!

Last Agent to Sell the Property

Jacob Smith

Lakes Sotheby's International Listed on: 06/09/2014

Co-Listed By

Frank Roffers

Lakes Sotheby's International

Last Buyer's Agent

Brad Fox

Dwell Realty Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 46x126x141
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Access to stream, creek or river
  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2811721240028

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,745

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Patio, Porch
  • Estimated Number of Acres: 0.26
  • Assessment Balance: 998
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1096
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 2811721240028
  • Projected Closed Date: 11/26/2014
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 7743
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 1/2 Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 26x13, On Level: Main
  • Room 2: Dining Room, 12x14, On Level: Main
  • Room 3: Family Room, 25x13, On Level: Lower
  • Room 4: Kitchen, 10x11, On Level: Main
  • Room 5: Bedroom, 18x15, On Level: Upper
  • Room 6: Bedroom, 18x14, On Level: Upper
  • Room 7: 14x10, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Lower
  • Room 9: Den/Office, 11x9, On Level: Main
  • Room 10: Dining Room, 5x7, On Level: Main
  • Room 11: Laundry Room, 15x14, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2108
  • Below Grade Finished Sq Ft: 692
  • Total Fin Square Footage: 2800

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront Description: Creek/Stream

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 46x126x141
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1941

Tax Info

  • Year: 2013
  • Tax Value: 6745

MLS Schools

  • School District: Edina #273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Nov 25, 2014
Sold by
Johnson Paul B
Bought by
Reiner Jared T and Reiner Jennifer L
Seller's Agent
Jacob Smith
Lakes Sotheby's International
Buyer's Agent
Brad Fox
Dwell Realty Partners, LLC
List Price
$699,900
Sold Price
$627,000
Premium/Discount to List
-$72,900
-10.42%
Total Days on Market
141
Current Estimated Value
$1,002,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,170
Avg. Annual Appreciation
4.55%
Original Mortgage
$147,300
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving
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
Reiner Jared T $627,000 Executive Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiner Jared T $445,600
Closed Reiner Jared T $154,700
Closed Reiner Jared T $130,065
Closed Reiner Jared T $658,000
Closed Reiner Jared T $501,766
Closed Reiner Jared T $147,300
Closed Reiner Jared T $417,000
Previous Owner Johnson Paul B $500,000
Previous Owner Johnson Paul B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $627,000 -10.4% $224 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $699,900 -- $250 / 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 $10,280 $796,200 $392,000 $404,200
2022 $9,348 $767,600 $364,000 $403,600
2021 $8,748 $687,400 $308,000 $379,400
2020 $8,938 $647,500 $315,000 $332,500
2019 $8,582 $617,100 $315,000 $302,100
2018 $8,143 $593,600 $290,200 $303,400
2017 $7,997 $532,600 $235,600 $297,000
2016 $9,525 $614,000 $235,600 $378,400
2015 $8,279 $566,500 $209,100 $357,400
2014 -- $492,700 $181,900 $310,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4630936

REALTOR® Association of Southern Minnesota

APN: 28-117-21-24-0028