NOT LISTED FOR SALE

5317 Halifax Ave S Edina, MN 55424

Arden Park Neighborhood

Estimated Value: $1,012,000 - $2,436,000

2 Beds
1.5 Baths
1,131 Sq Ft
$1,625/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $550,000 $486 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $11,743/month

266 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Fireplace
  • Concord Elementary School Rated A
  • Fenced Yard
  • 1 Car Attached Garage

About This Home

As of April 2013

Location, Location, Location! Just blocks from 50th & France, this is an amazing opportunity for new construction or a major remodel in East Edina. This property boasts an extra deep lot just waiting for your personal touches.

Last Agent to Sell the Property

Rachel Rahn

Lakes Sotheby's International Listed on: 07/13/2012

Last Buyer's Agent

Rachel Rahn

Lakes Sotheby's International Listed on: 07/13/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,325

Year Built

  • 1948

Lot Details

  • 0.27 Acre Lot
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,131 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Property is near public transit
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1802824440036

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,325

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Full
  • Estimated Number of Acres: 0.27
  • Assessment Balance: 873
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1131
  • Parcel Number: 1802824440036
  • Projected Closed Date: 04/24/2013
  • Stories: 1 Story
  • Taxes With Assessments: 6552
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x12, On Level: Main
  • Room 2: Dining Room, 12x08, On Level: Main
  • Room 4: Kitchen, 13x08, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 6: Bedroom, 11x09, On Level: Main
  • Room 9: Den/Office, 11x08, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1131
  • Total Fin Square Footage: 1131

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 60 X 190 X
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Apr 23, 2013
Sold by
Capstone Companies Llc
Bought by
Marinovich Mike
Seller's Agent
Rachel Rahn
Lakes Sotheby's International
Buyer's Agent
Rachel Rahn
Lakes Sotheby's International
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$1,759,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,209,319
Avg. Annual Appreciation
11.00%
Original Mortgage
$1,115,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 14, 2009
Sold by
Amended Roberta K Johnston and Li Restated
Bought by
Capstone Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.07%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Marinovich Mike $533,823 Executive Title Inc
Capstone Companies Llc $462,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinovich Michael R $1,000,000
Closed Marinovich Mike $1,115,000
Previous Owner Capstone Companies Llc $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2013 04/24/13 Sold $550,000 -7.6% $486 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
07/13/2012 07/13/12 For Sale $595,000 -- $526 / 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 $25,325 $1,757,700 $650,000 $1,107,700
2022 $22,871 $1,603,000 $575,000 $1,028,000
2021 $25,550 $1,484,600 $500,000 $984,600
2020 $26,335 $1,652,500 $475,000 $1,177,500
2019 $25,506 $1,673,900 $493,700 $1,180,200
2018 $26,138 $1,623,300 $474,000 $1,149,300
2017 $28,459 $1,727,400 $451,000 $1,276,400
2016 $26,269 $1,642,800 $440,000 $1,202,800
2015 $18,874 $1,251,700 $401,700 $850,000
2014 -- $420,700 $321,400 $99,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rachel Rahn

    Lakes Sotheby's International

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4345591

REALTOR® Association of Southern Minnesota

APN: 18-028-24-44-0036

Minnesota Hennepin County Edina 55424 Arden Park

5317 Halifax Ave S, Edina, MN

This home is located at 5317 Halifax Ave S, Edina, MN 55424 since 13 July 2012 and is currently estimated at $1,838,263, approximately $1,625 per square foot. This property was built in 1948. 5317 Halifax Ave S is a home located in Hennepin County with nearby schools including Concord Elementary School, South 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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