NOT LISTED FOR SALE

5250 Grandview Square Unit 2403 Edina, MN 55436

Grandview Neighborhood

Estimated Value: $602,000 - $664,000

2 Beds
2 Baths
1,809 Sq Ft
$345/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $508,000 $281 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,788/month

58 Days on Market

Highlights

  • Building Security
  • 1.54 Acre Lot
  • Wood Flooring
  • Countryside Elementary School Rated A
  • Vaulted Ceiling
  • 1-minute walk to Grandview Square Park

About This Home

As of February 2021

First time offering! Fantastic opportunity to own one of Grandview Squares largest top floor units! Lovingly cared for by the original owner. Open floor plan includes two large bedrooms including an impressive owners suite, office, formal & informal dining, access to a new maintenance free balcony, laundry room and stunning kitchen! Enjoy nature views and a long list of amenities including exercise room, guest suite, lounge, party room with full kitchen, secure building with an onsite resident manager, large storage unit just down the hall, two parking spaces in the underground heated garage plus car wash. Wonderful location, just off 50th and Hwy 100 close to shopping, restaurants, parks & trails. Move in and enjoy.

Last Listed By

Robert Snyder

eXp Realty Listed on: 11/10/2020

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 2003

Lot Details

  • 1.54 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end

HOA Fees

  • $724 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Pitched Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Panel Doors
  • Living Room with Fireplace
  • Utility Room Floor Drain

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2811721340152

Community Details

Overview

  • Association fees include building exterior, controlled access, hazard insurance, outside maintenance, parking space, professional mgmt, sanitation, shared amenities, snow/lawn care, water/sewer
  • Gassen Companies Association
  • Cic 1250 Village Homes Of Gran Subdivision
  • Rental Restrictions
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,014

Year Built

Built in 2003

Lot Details

0

HOA Fees

$724 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone, Stucco
  • Garage Spaces: 2.00
  • Accessibility Features: Doors 36+, Elevator, Hallways 42+
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Patio, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1809.00
  • Above Grade Finished Area Search: 1809.00
  • Above Grade Finished Sq Ft: 1809.00
  • Association Management: Gassen Companies
  • Management Company Phone: 952-922-5575
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 18812
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 18812
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1809.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1809.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 2811721340152
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Pets - Weight/Height Limit, Rental Restrictions May Apply
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Amusement/Party Room, Community Room, Exercise Room, Guest Suite
  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Furnace Humidifier, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Living Room
  • Dining Room Features: Breakfast Bar, Separate/Formal Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: Full Master, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Walk-In Shower Stall
  • Living Area: 1809.00
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

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

Exterior Features

  • Roof: Flat, Pitched
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Driveway - Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Other, Secured

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Controlled Access, Hazard Insurance, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 723.62

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, Cable, Ceiling Fan(s), French Doors, Hardwood Floors, Indoor Sprinklers, Kitchen Center Island, Main Floor Master Bedroom, Master Bedroom Walk-In Closet, Natural Woodwork, Paneled Doors, Security System, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 273 - Edina
  • School District Phone: 952-848-3900

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Lot Size: Common
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 1.5430
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1250 VILLAGE HOMES OF GRANDVIE UNIT NO 2403
  • Tax Amount: 5014.00
  • Tax Year: 2020
  • Tax With Assessments: 5014.00
  • Assessor Parcel Number: 2811721340152

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 273 - Edina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Feb 12, 2021
Sold by
Dornfeld David A and Leona M Helm Revocable Trust
Bought by
The Hansen Family Trust
Seller's Agent
Robert Snyder
eXp Realty
Buyer's Agent
Kevin Huntington
Metro Home Connection Realty LLC
List Price
$539,900
Sold Price
$508,000
Premium/Discount to List
-$31,900
-5.91%
Total Days on Market
58
Current Estimated Value
$624,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,602
Avg. Annual Appreciation
5.31%
Original Mortgage
$406,400
Outstanding Balance
$367,605
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$264,901

Purchase Details

Closed on
Apr 12, 2004
Sold by
R E C Inc
Bought by
Holm Leona

Range of Values:

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Average Value
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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
The Hansen Family Trust $508,000 Titlesmart Inc
Holm Leona $477,775 --
-- $508,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Hansen Family Trust $406,400
Closed -- $402,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $508,000 -5.9% $281 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $539,900 -- $298 / 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 $7,216 $585,000 $80,000 $505,000
2022 $6,494 $540,000 $65,000 $475,000
2021 $6,363 $505,000 $60,000 $445,000
2020 $5,014 $495,000 $60,000 $435,000
2019 $5,003 $385,000 $75,000 $310,000
2018 $6,297 $385,000 $75,000 $310,000
2017 $6,415 $470,000 $75,000 $395,000
2016 $5,715 $412,000 $30,000 $382,000
2015 $5,057 $381,000 $30,000 $351,000
2014 -- $390,000 $24,000 $366,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5684106

NorthstarMLS

APN: 28-117-21-34-0152