$703,500
SOLD AUG 1, 2022

5016 Shady Oak Rd S Hopkins, MN 55343

2 Beds
2.5 Baths
2,052 Sq Ft
0.58 Acres

Recently Sold

$343 Per Sq Ft

4% Above List Price

Highlights

  • 278 Feet of Waterfront
  • Lake View
  • Living Room with Fireplace
  • Hopkins Senior High School Rated A-
  • Deck
  • No HOA

About This Home

As of August 2022

Modern cottage with mid-century decor offers beautiful renovations both inside and out, boasting incredible views and lush greenery. The picturesque deck and patio expand the living space to the outdoors, highlighting the beauty of approx. 300’ of shoreline on spring-fed, recreational Shady Oak Lake. The interior spaces are open and airy with lake views from every room. Enjoy the chef worthy kitchen, beautiful built-in's, a sunlit solarium with potting area and sink, and an entire floor dedicated to the Owner’s Suite. The lower level living room can easily be converted to a second bedroom with its discreet Murphy Bed. Located just minutes away from shopping, entertainment, and walking/biking paths, this tranquil setting on water gives a vacation vibe every day.

Last Agent to Sell the Property

Julia Bohmbach

Edina Realty, Inc. Listed on: 06/01/2022

Edina Realty, Inc.

Co-Listed By

Andrea Jensen

Edina Realty, Inc.

Last Buyer's Agent

Karen Lanz

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,605

Year Built

  • Built in 1935

Lot Details

  • 0.58 Acre Lot
  • 278 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den
  • Lake Views

Kitchen

  • Walk-In Pantry
  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2611722420008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,605

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1302
  • Water Body Name: Shady Oak
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Decorative, Living Room
  • Living Area: 2052
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 750
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Den, Pantry (Walk-In), Laundry, Patio, Deck
  • SqFtTotal: 2240.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: Lake, Panoramic
  • Lake Acres: 90
  • Lake Bottom: Soft
  • LakeChain: N
  • Waterfront Frontage: 278

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictNumber: 270
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: .58 acre
  • Lot Size Sq Ft: 25264.8
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2611722420008
  • Tax Annual Amount: 5605
  • TaxWithAssessments: 5605.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 1, 2022
Sold by
Knudson Kevin
Bought by
Litzenberg Daniel and Steele Elizabeth
Seller's Agent
Julia Bohmbach
Edina Realty, Inc.
Buyer's Agent
Karen Lanz
RE/MAX Results
List Price
$675,000
Sold Price
$703,500
Premium/Discount to List
$28,500
4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.71%
Original Mortgage
$562,800
Outstanding Balance
$540,584
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$148,222

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 26, 2022
Sold by
Knudson Kevin J
Bought by
Litzenberg Daniel and Steele Elizabeth
Seller's Agent
Julia Bohmbach
Edina Realty, Inc.
Buyer's Agent
Karen Lanz
RE/MAX Results
List Price
$675,000
Sold Price
$703,500
Premium/Discount to List
$28,500
4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,800
Outstanding Balance
$540,584
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$148,222
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 Type Sale Price Title Company
Deed $703,500 --
Warranty Deed $703,500 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,800 New Conventional
Closed $562,800 New Conventional
Previous Owner $316,000 New Conventional
Previous Owner $374,150 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Pending -- -- --
06/08/2025 06/08/25 Off Market $699,000 -- --
05/30/2025 05/30/25 For Sale $699,000 -0.6% $341 / Sq Ft
08/01/2022 08/01/22 Sold $703,500 +4.2% $343 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $675,000 -- $329 / Sq Ft
Source: NorthstarMLS

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 $7,730 $626,700 $365,500 $261,200
2022 $5,606 $503,300 $289,300 $214,000
2021 $5,252 $446,800 $263,000 $183,800
2020 $5,399 $423,700 $263,000 $160,700
2019 $5,073 $412,700 $281,400 $131,300
2018 $4,395 $392,800 $281,400 $111,400
2017 $3,752 $285,000 $171,500 $113,500
2016 $3,893 $286,900 $135,000 $151,900
2015 $4,548 $323,200 $150,000 $173,200
2014 -- $310,400 $150,000 $160,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6202080

NorthstarMLS

APN: 26-117-22-42-0008