NOT LISTED FOR SALE

5401 Edgewater Dr Savage, MN 55378

Estimated Value: $573,480 - $591,000

4 Beds
2.5 Baths
2,679 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 08, 2014

Last sale price $365,900 $137 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,651/month

188 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Walk-In Closet
  • Redtail Ridge Elementary School Rated A-
  • 3 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of May 2014

Live in Trace Water, the newest premier neighborhood in Savage, where you will enjoy the trails, sidewalks, and paths that will lead you to the Credit River and Murphy Hanrehan Park Reserves. Prior Lake/Savage Area Schools.Visit Model at 5514 Edgewater Dr

Last Agent to Sell the Property

Charles Ryan

Prime Real Estate Services Ltd Listed on: 10/04/2013

Last Buyer's Agent

Richard Roeglin

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,756

Year Built

  • 2013

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85x150
  • Sprinkler System

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 264340060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,756

Year Built

2013

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Walk-In Closet
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System
  • Estimated Number of Acres: 0.29
  • Assessment Balance: 12730
  • Construction: Completed New Construction
  • Foundation Size: 1006
  • Mechanicals: Air to Air Exchange
  • Parcel Number: 264340060
  • Projected Closed Date: 05/08/2014
  • Stories: 2 Story
  • Street Designation: Drive
  • Taxes With Assessments: 14092
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 16x14, On Level: Main
  • Room 2: Dining Room, 14x10, On Level: Main
  • Room 3: Family Room, 20x14, On Level: Lower
  • Room 4: Kitchen, 14x10, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 12x10, On Level: Upper
  • Room 8: Bedroom, 12x10, On Level: Upper
  • Room 9: Laundry Room, On Level: Upper
  • Room 10: Den/Office, 12x10, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2264
  • Below Grade Finished Sq Ft: 415
  • Total Fin Square Footage: 2679

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Cement Board, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 250

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Estimated Lot Dimensions: 85x150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
May 8, 2014
Sold by
Jms Custom Homes Llc
Bought by
Wefel Alex and Wefel Audrey
Seller's Agent
Charles Ryan
Prime Real Estate Services Ltd
Buyer's Agent
Richard Roeglin
RE/MAX Results
List Price
$389,900
Sold Price
$365,900
Premium/Discount to List
-$24,000
-6.16%
Current Estimated Value
$582,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,720
Avg. Annual Appreciation
4.08%
Original Mortgage
$329,310
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2013
Sold by
River Credit Llc
Bought by
Homestead Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
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
Wefel Alex $365,900 Custom Home Bldrs Title
Jms Custom Homes Llc -- Custom Home Bldrs Title
Homestead Partners Llc $70,000 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treeel Alex $303,000
Closed Wefel Alex $329,000
Closed Wefel Alex $329,310
Previous Owner Homestead Partners Llc $185,000
Previous Owner Homestead Partners Llc $69,274
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2014 05/08/14 Sold $365,900 -6.2% $137 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $389,900 -- $146 / 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
2025 $5,756 $533,300 $167,600 $365,700
2024 $5,592 $537,200 $176,500 $360,700
2023 $5,368 $523,800 $171,300 $352,500
2022 $5,280 $516,900 $155,700 $361,200
2021 $4,934 $432,600 $124,000 $308,600
2020 $4,820 $389,900 $105,000 $284,900
2019 $4,728 $371,200 $111,600 $259,600
2018 $5,356 $0 $0 $0
2016 $5,388 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Charles Ryan

    Prime Real Estate Services Ltd

  • R

    Buyer's Agent in 2014

    Richard Roeglin

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4546561

REALTOR® Association of Southern Minnesota

APN: 26-434-006-0

Minnesota Scott County Savage 55372

5401 Edgewater Dr, Savage, MN

This home is located at 5401 Edgewater Dr, Savage, MN 55378 since 04 October 2013 and is currently estimated at $582,620, approximately $217 per square foot. This property was built in 2013. 5401 Edgewater Dr is a home located in Scott County with nearby schools including Redtail Ridge Elementary School, Hidden Oaks Middle School, and Twin Oaks Middle 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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