NOT LISTED FOR SALE

5017 W 56th St Edina, MN 55436

Melody Lake Neighborhood

Estimated Value: $675,000 - $752,000

4 Beds
2 Baths
2,616 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 13, 2014

Last sale price $385,000 $147 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,498/month

22 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Wood Flooring
  • Countryside Elementary School Rated A
  • Vaulted Ceiling
  • Skylights

About This Home

As of March 2014

Nice rambler in a great neighborhood. 1 blk from Melody Lake/Park. Large fsf allows lots of potential. Nice LR/DR w/freshly refinished hdwd floors, updated kitchen w/eat-in area; 3 fireplaces, nice deck & pond in private backyard. Home Warranty Included!

Last Agent to Sell the Property

Ralph Eischen

Keller Williams Realty Integrity-Edina Listed on: 02/03/2014

Last Buyer's Agent

Justin Jahangiri

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,088

Year Built

  • 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

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

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3311721240033

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,088

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 1400
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 3311721240033
  • Projected Closed Date: 03/13/2014
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 4541.4
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Combine with Living 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 Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x23, On Level: Main
  • Room 2: Dining Room, 10x11, On Level: Main
  • Room 3: Family Room, 18x23, On Level: Main
  • Room 4: Kitchen, 19x10, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Main
  • Room 6: Bedroom, 13x12.5, On Level: Main
  • Room 7: 10x9.5, On Level: Main
  • Room 8: Bedroom, 11x12, On Level: Lower
  • Room 9: Family Room, 13x29.5, On Level: Lower
  • Room 10: Laundry Room, 19x9.5, On Level: Lower
  • Room 11: Deck, 16x16, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1888
  • Below Grade Finished Sq Ft: 728
  • Total Fin Square Footage: 2616

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

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: 84x120x85x
  • 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 3, 2014
Closed on
Mar 13, 2014
Sold by
Pray Ronald E and Pray Ronald D
Bought by
Lauson Aaron A and Kendall Ann B
Seller's Agent
Ralph Eischen
Keller Williams Realty Integrity-Edina
Buyer's Agent
Justin Jahangiri
RE/MAX Results
List Price
$390,000
Sold Price
$385,000
Premium/Discount to List
-$5,000
-1.28%
Current Estimated Value
$707,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,291
Avg. Annual Appreciation
5.09%
Original Mortgage
$308,000
Interest Rate
4.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lauson Aaron A $385,000 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauson Aaron A $282,500
Closed Lauson Aaron A $308,000
Previous Owner Pray Ronald E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2014 03/13/14 Sold $385,000 -1.3% $147 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $390,000 -- $149 / 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 $7,088 $575,700 $297,000 $278,700
2022 $6,033 $548,600 $270,000 $278,600
2021 $5,883 $468,700 $225,000 $243,700
2020 $5,944 $456,200 $223,700 $232,500
2019 $5,721 $452,500 $218,700 $233,800
2018 $5,770 $436,400 $201,200 $235,200
2017 $5,508 $403,000 $175,000 $228,000
2016 $5,268 $380,800 $175,000 $205,800
2015 $5,102 $380,800 $200,100 $180,700
2014 -- $333,600 $186,200 $147,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ralph Eischen

    Keller Williams Realty Integrity-Edina

  • J

    Buyer's Agent in 2014

    Justin Jahangiri

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4573827

REALTOR® Association of Southern Minnesota

APN: 33-117-21-24-0033

Minnesota Hennepin County Edina 55436 Melody Lake

5017 W 56th St, Edina, MN

This home is located at 5017 W 56th St, Edina, MN 55436 since 03 February 2014 and is currently estimated at $707,201, approximately $270 per square foot. This property was built in 1950. 5017 W 56th St is a home located in Hennepin County with nearby schools including Countryside Elementary School, Valley View Middle School, and Edina High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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