NOT LISTED FOR SALE

5085 Kelsey Terrace Edina, MN 55436

Parkwood Knolls Neighborhood

Estimated Value: $2,562,000 - $2,931,000

4 Beds
5 Baths
7,432 Sq Ft
$369/Sq Ft Est. Value

About This Home

This home is located at 5085 Kelsey Terrace, Edina, MN 55436 and is currently estimated at $2,741,854, approximately $368 per square foot. 5085 Kelsey Terrace is a home located in Hennepin County with nearby schools including Alice Smith Elementary School, Hopkins North Junior High School, and Hopkins Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Shimek Andrew and Shimek Brendan
Bought by
Brendan Stevenson Revocable Trust and Stevenson
Current Estimated Value
$2,741,854

Purchase Details

Closed on
May 27, 2021
Sold by
Marquez Christopher Alcala and Rodriguez Yesenia
Bought by
Shimek Andrew and Stevenson Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
2.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2019
Sold by
Tarvestad Anthony M and Tarvestad Katherine C
Bought by
Marquez Christopher Aleala and Rodriguez Alvarez Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,516,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Parkwood Knolls Construction Company
Bought by
Tarvestad Anthony M and Tarvestad Katherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Brendan Stevenson Revocable Trust $500 None Listed On Document
Shimek Andrew $2,250,000 Edina Realty Title Inc
Marquez Christopher Aleala $1,895,000 Watermark Title Agency
Tarvestad Anthony M $420,000 Custom Home Bldrs Title
Shimek Andrew Andrew $2,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shimek Andrew $15,000,000
Previous Owner Marquez Christopher Aleala $1,516,000
Previous Owner Tarvestad Anthony M $950,000
Previous Owner Tarvestad Anthony M $900,000
Previous Owner Tarvestad Anthony M $999,999
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 $30,091 $2,300,000 $575,000 $1,725,000
2022 $27,927 $2,190,000 $562,500 $1,627,500
2021 $24,723 $2,042,100 $472,500 $1,569,600
2020 $20,060 $1,825,700 $450,000 $1,375,700
2019 $19,562 $1,441,800 $395,000 $1,046,800
2018 $19,747 $1,417,800 $395,000 $1,022,800
2017 $19,947 $1,386,000 $410,000 $976,000
2016 $20,153 $1,355,600 $379,300 $976,300
2015 $16,396 $1,103,000 $379,300 $723,700
2014 -- $379,300 $379,300 $0
Source: Public Records

Map

Minnesota Hennepin County Edina 55436 Parkwood Knolls

5085 Kelsey Terrace, Edina, MN

This home is located at 5085 Kelsey Terrace, Edina, MN 55436 and is currently estimated at $2,741,854, approximately $368 per square foot. 5085 Kelsey Terrace is a home located in Hennepin County with nearby schools including Alice Smith Elementary School, Hopkins North Junior High School, and Hopkins Senior 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.

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