NOT LISTED FOR SALE

4725 Upper Terrace Edina, MN 55435

Lake Cornelia Neighborhood

Estimated Value: $886,000 - $1,206,582

4 Beds
3 Baths
3,628 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 02, 2012

Last sale price $447,000 $123 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,577/month

6 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • 2 Car Attached Garage
  • Cornelia Elementary School Rated A
  • Fireplace
  • Landscaped with Trees

About This Home

As of April 2012

Beautiful sprawling rambler in top notch Cornelia/Woodhill area. Super spacious kitchen & 1st floor family room. All new front porch & landscaping this year. Huge sunny walk out level. Imaculate and excellent condtion. This is quality and it shows.

Last Agent to Sell the Property

Lynn Jakubik

RE/MAX Results Listed on: 02/02/2012

Last Buyer's Agent

Jason Scott

Better Homes and Gardens Real Estate All Seasons

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Fenced Yard - Partial
  • Estimated Number of Acres: 0.27
  • Construction: Previously Owned
  • Foundation Size: 1956
  • Stories: 1 Story
  • Street Designation: Terrace
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Full Basement, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 21x14, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Family Room, 18x13, On Level: Main
  • Room 4: Kitchen, 14x12, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Main
  • Room 6: Bedroom, 13x12, On Level: Main
  • Room 7: 12x10, On Level: Main
  • Room 8: Bedroom, 22x13, On Level: Lower
  • Room 9: Dining Room, 11x9, On Level: Main
  • Room 10: Rec Room, 44x16, On Level: Lower
  • Room 11: Storage Room, 25x12, On Level: Lower
  • Room 12: Deck, 22x14, On Level: Main
  • Room 13: Patio, On Level: Lower
  • Room 14: Porch, On Level: Main
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1956
  • Below Grade Finished Sq Ft: 1672
  • Total Fin Square Footage: 3628

Exterior Features

  • Frontage Road: City
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: N 81X123X1
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Mar 29, 2012
Sold by
Babka Patrick C and Babka Laura B
Bought by
Powers Benjamin R and Powers Jennifer J
Seller's Agent
Lynn Jakubik
RE/MAX Results
Buyer's Agent
Jason Scott
Better Homes and Gardens Real Estate All Seasons
List Price
$450,000
Sold Price
$447,000
Premium/Discount to List
-$3,000
-0.67%
Current Estimated Value
$1,023,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,396
Avg. Annual Appreciation
6.18%
Original Mortgage
$67,006
Outstanding Balance
$46,304
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$977,092

Purchase Details

Closed on
Aug 20, 2010
Sold by
Kemke K John and Kemke Marilyn R
Bought by
Babka Patrick C and Babka Laura B
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
Powers Benjamin R $447,000 Signature Title Midwest Serv
Babka Patrick C $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Benjamin R $67,006
Open Powers Benjamin R $335,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2012 04/02/12 Sold $447,000 -0.7% $123 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $450,000 -- $124 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $15,100 $1,082,400 $418,700 $663,700
2023 $14,310 $1,075,800 $410,800 $665,000
2022 $8,616 $737,000 $376,300 $360,700
2021 $8,369 $642,000 $304,700 $337,300
2020 $7,831 $624,900 $286,200 $338,700
2019 $7,418 $581,000 $291,500 $289,500
2018 $7,436 $555,800 $268,000 $287,800
2017 $7,115 $517,500 $244,000 $273,500
2016 $6,821 $491,500 $224,000 $267,500
2015 $5,850 $438,000 $194,200 $243,800
2014 -- $446,400 $185,000 $261,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lynn Jakubik

    RE/MAX

  • J

    Buyer's Agent in 2012

    Jason Scott

    Better Homes and Gardens Real Estate All Seasons

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4102160

REALTOR® Association of Southern Minnesota

APN: 30-028-24-33-0081

Minnesota Hennepin County Edina 55435 Lake Cornelia

4725 Upper Terrace, Edina, MN

Not Listed for Sale

Detached

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