5020 Richmond Dr Edina, MN 55436
Melody Lake Neighborhood
5
Beds
3
Baths
3,144
Sq Ft
8,712
Sq Ft Lot
Highlights
- Recreation Room
- No HOA
- The kitchen features windows
- Countryside Elementary School Rated A
- Stainless Steel Appliances
- 1-Story Property
About This Home
As of August 2025Welcome to this impeccably renovated (from top to bottom!) and thoughtfully expanded one-story home nestled in the heart of Edina’s desirable Melody Lake community. From the moment you step inside, you’ll be captivated by the timeless elegance and modern comforts that define this spacious home.
The inviting entry opens into a sun-drenched living room, where solid oak hardwood floors flow seamlessly throughout the main living areas. Expansive windows flood the room with natural light, while a cozy gas fireplace with classic brick surround creates a warm focal point for relaxing or entertaining. The heart of the home is the kitchen, featuring custom soft-close cabinetry, quartz countertops, a tile backsplash & stainless steel appliances including a wall oven & separate cooktop. Just off the kitchen, a newly added mudroom offers practical elegance with tile flooring, built-in lockers, hooks, bench seating, and ample storage. Step outside to a maintenance-free deck which leads directly to the detached garage and back yard. The main level boasts three generously sized bedrooms, including a stunning new primary suite tucked into its own private wing. This serene retreat features a large walk-in closet, and a luxurious 3/4 ensuite bath complete with dual quartz vanity, elegant tilework, and a walk-in shower. The two additional bedrooms enjoy abundant sunlight and are serviced by a beautifully updated full bath. The fully finished lower level offers exceptional living and entertaining space, with a large family room, decorative fireplace & new carpeting. Adjacent is a versatile recreation room—ideal for a play area or game room. Two more spacious bedrooms and a stylishly renovated 3/4 bathroom with tiled walk-in shower round out the lower level. The functional laundry room includes LG washer and dryer, ample counter space, cabinetry, and a sink for added convenience. This home also features new windows throughout, a new HVAC system, and a hidden lawn and garden storage space behind the garage. Walkable to Our Lady of Grace Church and School, and just minutes from sought-after Countryside Elementary, Edina Country Club, shopping, parks, and trails, all within the award-winning Edina Public School District.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,201
Year Built
- Built in 1950
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 60 x 147
- Irregular Lot
Parking
- 2 Car Garage
Interior Spaces
- 1-Story Property
- Family Room
- Living Room with Fireplace
- Recreation Room
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Richmond Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 3311721210050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2024
Closed on
Mar 5, 2024
Sold by
Duckhook Properties Llc
Bought by
Lavoi Custom Homes & Remodeling Llc
Seller's Agent
Bill Bergeson
RE/MAX Synergy
Buyer's Agent
Janelle Mattson
eXp Realty
List Price
$499,999
Sold Price
$450,000
Premium/Discount to List
-$49,999
-10%
Total Days on Market
27
Views
135
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.20%
Original Mortgage
$450,000
Outstanding Balance
$443,396
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$400,265
Purchase Details
Closed on
Nov 7, 2023
Sold by
Erickson Douglas and Erickson Galene
Bought by
Duckhook Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,360
Interest Rate
7.19%
Mortgage Type
New Conventional
Similar Homes in Edina, MN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Titlesmart | |
| Deed | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | Construction | |
| Closed | $450,000 | Construction | |
| Previous Owner | $321,360 | New Conventional | |
| Previous Owner | $248,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $860,000 | -1.7% | $274 / Sq Ft |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $875,000 | +94.4% | $278 / Sq Ft |
| 03/07/2024 03/07/24 | Sold | $450,000 | -2.7% | $155 / Sq Ft |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | Price Changed | $462,500 | -2.6% | $159 / Sq Ft |
| 01/26/2024 01/26/24 | Price Changed | $474,995 | -5.0% | $163 / Sq Ft |
| 01/18/2024 01/18/24 | For Sale | $499,999 | -- | $172 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,138 | $451,900 | $310,200 | $141,700 |
| 2022 | $5,381 | $422,600 | $282,000 | $140,600 |
| 2021 | $5,417 | $367,400 | $235,000 | $132,400 |
| 2020 | $5,441 | $369,400 | $236,200 | $133,200 |
| 2019 | $5,110 | $365,300 | $231,200 | $134,100 |
| 2018 | $4,933 | $342,400 | $212,700 | $129,700 |
| 2017 | $4,732 | $304,700 | $175,000 | $129,700 |
| 2016 | $4,415 | $279,300 | $150,000 | $129,300 |
| 2015 | $4,471 | $291,900 | $190,100 | $101,800 |
| 2014 | -- | $253,400 | $176,900 | $76,500 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Janelle Mattson
eXp Realty
(612) 387-8885
2 in this area
29 Total Sales
-
Seller Co-Listing Agent in 2025
Daniel Desrochers
eXp Realty
(612) 554-4773
1 in this area
1,731 Total Sales
-
Buyer's Agent in 2025
Brad McNamara
Compass
(612) 805-8785
2 in this area
168 Total Sales
-
Buyer Co-Listing Agent in 2025
Meghan McNamara Roberts
Compass
(612) 875-1195
2 in this area
184 Total Sales
-
Seller's Agent in 2024
Bill Bergeson
RE/MAX
(651) 270-9191
1 in this area
119 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6737661
APN: 33-117-21-21-0050
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