NOT LISTED FOR SALE

Estimated Value: $1,504,000 - $1,734,000

4 Beds
3 Baths
3,298 Sq Ft
$479/Sq Ft Est. Value

About This Home

This home is located at 5016 Arden Ave, Edina, MN 55424 and is currently estimated at $1,579,618, approximately $478 per square foot. 5016 Arden Ave is a home located in Hennepin County with nearby schools including Concord Elementary School, South View Middle School, and Edina High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
Aagaard Daniel James and Ashley Nicole
Bought by
Reber Matthew and Reber Karin Norby
Current Estimated Value
$1,579,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,250
Outstanding Balance
$1,221,664
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$314,577

Purchase Details

Closed on
Feb 11, 2022
Sold by
Peichel William
Bought by
Aagaard Ashley and Aagaard Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,600
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2022
Sold by
Peichel William
Bought by
Aagaard Ashley Nicole and Aagaard Daniel James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,600
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2022
Sold by
Peichel Lauren R
Bought by
Peichel William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,600
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2008
Sold by
Vintage Cottage Homes Llc
Bought by
Peichel William and Peichel Lauren R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2007
Sold by
Porter Fredrick B
Bought by
Vintage Cottage Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
6.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Reber Matthew $1,445,000 Watermark Title
Reber Matthew $1,445,000 Watermark Title
Aagaard Ashley $1,169,500 --
Aagaard Ashley Nicole -- None Listed On Document
Peichel William $500 Custom Home Builders Title
Peichel William $1,200,000 --
Vintage Cottage Homes Llc $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reber Matthew $1,228,250
Closed Reber Matthew $1,228,250
Previous Owner Aagaard Ashley $935,600
Previous Owner Aagaard Ashley Nicole $935,600
Previous Owner Peichel William $935,600
Previous Owner Peichel William $800,000
Previous Owner Peichel William $100,000
Previous Owner Vintage Cott Age Homes Llc $785,000
Previous Owner Vintage Cottage Homes Llc $375,000
Source: Public Records

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 $17,177 $1,272,900 $607,500 $665,400
2022 $17,403 $1,166,300 $540,000 $626,300
2021 $17,025 $1,068,300 $472,500 $595,800
2020 $17,250 $1,048,300 $450,000 $598,300
2019 $16,764 $1,055,200 $455,000 $600,200
2018 $16,770 $1,026,300 $437,500 $588,800
2017 $16,998 $989,400 $402,500 $586,900
2016 $15,934 $991,200 $402,500 $588,700
2015 $15,269 $994,100 $416,200 $577,900
2014 -- $910,900 $333,000 $577,900
Source: Public Records

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