NOT LISTED FOR SALE

5303 Edgewater Dr Savage, MN 55378

Estimated Value: $529,000 - $647,548

5 Beds
3.5 Baths
3,075 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $625,000 $203 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,803/month

61 Days on Market

Highlights

  • Home Office
  • The kitchen features windows
  • Walk-In Closet
  • Redtail Ridge Elementary School Rated A-
  • 3 Car Attached Garage
  • Entrance Foyer

About This Home

As of September 2023

Down a picturesque street lined with mature trees, you’ll find 5303 Edgewater Drive! Spectacular home with 5 bedrooms, 4 bathrooms, acre lot, and nearly 3,100 sq. ft. of living space. Easy access to Murphy Hanrehan Lake/Park Reserve and in Prior Lake-Savage Area School District. Beautiful wood floors, natural light, and an airy feel throughout. Main floor formal dining room and cozy living room with stone fireplace. Open kitchen with stainless steel appliances and mudroom with lockers. Upper-level primary suite with recessed ceiling and ensuite bathroom, 3 additional bedrooms, and spacious laundry room. Lower level living room with 5th bedroom and additional bathroom. Massive backyard with concrete patio and 3-car garage. Close to Hwy 35W/E, Fresh Thyme, Costco, and Target. Enjoy dinner at Pau Hana or Charlie's on Prior, or play a round of golf at Cleary Lake Regional Park. This home is move-in ready and is the perfect place to take advantage of all the Minnesota landscape offers!

Last Agent to Sell the Property

Hillary Slama

Engel & Volkers Prior Lake Listed on: 06/09/2023

Engel & Volkers Prior Lake

Co-Listed By

Sara Olsonoski

eXp Realty

Last Buyer's Agent

Christal Spata

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,928

Year Built

  • Built in 2012

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 55x225x142x140
  • Irregular Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Trace Water Homeowner Association, Phone Number (952) 949-3630
  • Trace Water 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264340010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,928

Year Built

Built in 2012

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 2174
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 3075
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 901
  • Basement YN: Yes
  • Dining Room Type: Office, Living Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Foyer, Laundry, Walk In Closet, Storage, Mud Room
  • SqFtTotal: 3075.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Front Porch,Patio,Porch,Rear Porch

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 626

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 952-949-3630
  • Association Fee: 300
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Trace Water Homeowner

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 55x225x142x140
  • Lot Size Sq Ft: 22215.6
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 264340010
  • Tax Annual Amount: 3928
  • TaxWithAssessments: 3928.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Sep 8, 2023
Sold by
Farella Joshua and Farella Faith
Bought by
Hodson Jason and Hodson Allison
Seller's Agent
Hillary Slama
Engel & Volkers Prior Lake
Buyer's Agent
Christal Spata
Compass
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
134
Current Estimated Value
$606,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,363
Avg. Annual Appreciation
-0.72%
Original Mortgage
$437,500
Outstanding Balance
$429,639
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$186,499

Purchase Details

Closed on
May 18, 2016
Sold by
Brett Adam and Brett Anna B
Bought by
Farella Joshua A and Farella Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Listed on
May 17, 2012
Closed on
Dec 14, 2012
Sold by
Jms Custom Homes Llc
Bought by
Brett Adam and Brett Anna B
Seller's Agent
Nancy Schoenwetter
Prime Real Estate Services Ltd
Buyer's Agent
Nancy Schoenwetter
Prime Real Estate Services Ltd
List Price
$349,900
Sold Price
$351,283
Premium/Discount to List
$1,383
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$281,027
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2012
Closed on
Apr 9, 2012
Sold by
River Credit Llc
Bought by
J M S Custom Homes Llc
Seller's Agent
Nancy Schoenwetter
Prime Real Estate Services Ltd
Buyer's Agent
Nancy Schoenwetter
Prime Real Estate Services Ltd
List Price
$74,900
Sold Price
$74,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1018.69%
Original Mortgage
$181,500
Interest Rate
3.95%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hodson Jason $625,000 --
Farella Joshua A $400,000 Trademark Title Services Inc
Brett Adam $351,284 Custom Home Builders Title L
J M S Custom Homes Llc $69,900 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodson Jason $437,500
Previous Owner Farella Joshua A $531,000
Previous Owner Farella Faith $66,657
Previous Owner Farella Joshua A $440,000
Previous Owner Farella Joshua $20,400
Previous Owner Farella Joshua A $400,000
Previous Owner Brett Adam J $55,000
Previous Owner Brett Adam $281,027
Previous Owner J M S Custom Homes Llc $181,500
Previous Owner Jms Custom Homes Llc $68,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $625,000 -2.2% $203 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $639,000 -1.7% $208 / Sq Ft
06/12/2023 06/12/23 For Sale $650,000 +85.0% $211 / Sq Ft
12/15/2012 12/15/12 Sold $351,283 +0.4% $153 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $349,900 +367.2% $152 / Sq Ft
04/24/2012 04/24/12 Sold $74,900 0.0% $33 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $74,900 -- $33 / 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
2025 $5,984 $578,100 $190,400 $387,700
2024 $5,808 $555,100 $195,400 $359,700
2023 $3,928 $540,800 $189,700 $351,100
2022 $3,502 $530,400 $172,500 $357,900
2021 $5,022 $436,400 $142,600 $293,800
2020 $5,334 $396,400 $120,800 $275,600
2019 $5,234 $407,800 $136,400 $271,400
2018 $5,350 $0 $0 $0
2016 $5,130 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6384944

NorthstarMLS

APN: 26-434-001-0