NOT LISTED FOR SALE

5228 W 56th St Edina, MN 55436

Melody Lake Neighborhood

Estimated Value: $685,800 - $722,000

3 Beds
2 Baths
2,825 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $375,000 $133 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,723/month

26 Days on Market

Highlights

  • 0.61 Acre Lot
  • Formal Dining Room
  • Patio
  • Countryside Elementary School Rated A
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of September 2013

All brick rambler on a lovely, large lot in an outstanding location. Blocks to schools & parks. Neighborhood is wonderful - lots of renovation/teardown projects.

Last Agent to Sell the Property

Paula Gulliford

Edina Realty, Inc. Listed on: 08/02/2013

Co-Listed By

Karen Rue

Edina Realty, Inc.

Last Buyer's Agent

Randa Hahn

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 1953

Lot Details

  • 0.61

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Additional Features

  • Patio
  • 0.61 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 3311721220083

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,316

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.61
  • Construction: Previously Owned
  • Foundation Size: 1788
  • Parcel Number: 3311721220083
  • Projected Closed Date: 09/14/2013
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 4315.78
  • Comp Dev Subdiv Name: Richmond Hills
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x13, On Level: Main
  • Room 2: Dining Room, 10x12, On Level: Main
  • Room 3: Family Room, 13x17, On Level: Main
  • Room 4: Kitchen, 15x10, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: 12x10, On Level: Main
  • Room 9: Rec Room, 23x28, On Level: Lower
  • Room 10: Dining Room, 11x7, On Level: Main
  • Room 11: Foyer, 12x4, On Level: Main
  • Room 12: Utility Room, 11x17, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Crawl Space, Full
  • Finished Above Grade Sq Ft: 1788
  • Below Grade Finished Sq Ft: 1037
  • Total Fin Square Footage: 2825

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 94x249x83x

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2013
  • Tax Value: 4316

MLS Schools

  • School District: Edina #273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 16, 2013
Sold by
Swanson Clarence W
Bought by
Peterson Nathan J
Seller's Agent
Paula Gulliford
Edina Realty, Inc.
Buyer's Agent
Randa Hahn
Edina Realty, Inc.
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Current Estimated Value
$719,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,696
Avg. Annual Appreciation
5.60%
Original Mortgage
$300,000
Outstanding Balance
$228,785
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$488,348
Source: Public Records

Range of Values:

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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
Peterson Nathan J $375,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Nathan J $300,000
Previous Owner Swanson Clarence W $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2013 09/19/13 Sold $375,000 -5.1% $133 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $395,000 -- $140 / 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 $9,380 $599,000 $383,500 $215,500
2022 $6,102 $561,700 $348,100 $213,600
2021 $6,089 $474,100 $289,100 $185,000
2020 $6,704 $452,700 $281,700 $171,000
2019 $5,603 $448,800 $276,700 $172,100
2018 $5,801 $427,400 $254,200 $173,200
2017 $5,445 $398,700 $220,500 $178,200
2016 $5,489 $395,500 $220,500 $175,000
2015 $4,861 $366,400 $231,300 $135,100
2014 -- $318,500 $215,200 $103,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Paula Gulliford

    Edina Realty, Inc.

  • K

    Seller Co-Listing Agent in 2013

    Karen Rue

    Edina Realty, Inc.

  • R

    Buyer's Agent in 2013

    Randa Hahn

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4515149

REALTOR® Association of Southern Minnesota

APN: 33-117-21-22-0083

Minnesota Hennepin County Edina 55436 Melody Lake

5228 W 56th St, Edina, MN

This home is located at 5228 W 56th St, Edina, MN 55436 since 02 August 2013 and is currently estimated at $705,950, approximately $249 per square foot. This property was built in 1953. 5228 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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