5401 Malibu Dr Edina, MN 55436
Parkwood Knolls Neighborhood
4
Beds
2.5
Baths
2,276
Sq Ft
0.44
Acres
Highlights
- Deck
- Recreation Room
- Built-In Double Oven
- Countryside Elementary School Rated A
- No HOA
- The kitchen features windows
About This Home
As of August 2024Discover an amazing investment opportunity with tons of potential in the heart of Edina! Nestled on a spacious almost half-acre lot, this two-story gem boasts an enviable location within a top-rated school district. The home features four generously sized bedrooms on one level including a primary suite, main level well-appointed laundry room and expansive living areas, perfect for everyday living and entertaining. Step outside to a fully fenced backyard, a serene retreat surrounded by mature trees. Enjoy proximity to numerous parks, and convenient highway access that leads you to a wealth of amenities, including shopping, dining, and entertainment options.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,242
Year Built
- Built in 1974
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 104 x 190 x 102 x 182
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,276 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Workroom
- Recreation Room
- Utility Room
Kitchen
- Built-In Double Oven
- Cooktop<<rangeHoodToken>>
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- No Home Owners Association
- Malibu Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 3111721220009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Aug 30, 2024
Sold by
Arnold Daryl and Firth-Arnold Barbara
Bought by
Hidden Lake Design Llc
Seller's Agent
Daniel Desrochers
eXp Realty
Buyer's Agent
Cindy Redmond
Coldwell Banker Realty
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.48%
Purchase Details
Listed on
Jul 26, 2024
Closed on
Aug 26, 2024
Sold by
Arnold Daryl A and Firth-Arnold Barbara
Bought by
Hidden Lake Design Llc
Seller's Agent
Daniel Desrochers
eXp Realty
Buyer's Agent
Cindy Redmond
Coldwell Banker Realty
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Views
17
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | -- | |
| Warranty Deed | $525,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $440,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $1,049,000 | +99.8% | $377 / Sq Ft |
| 08/30/2024 08/30/24 | Sold | $525,000 | +5.0% | $231 / Sq Ft |
| 08/03/2024 08/03/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | For Sale | $500,000 | -- | $220 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,388 | $517,700 | $215,000 | $302,700 |
| 2022 | $7,302 | $474,500 | $200,000 | $274,500 |
| 2021 | $6,296 | $429,200 | $192,000 | $237,200 |
| 2020 | $6,399 | $422,500 | $184,000 | $238,500 |
| 2019 | $6,159 | $415,900 | $176,000 | $239,900 |
| 2018 | $6,287 | $401,300 | $160,000 | $241,300 |
| 2017 | $6,053 | $386,400 | $135,000 | $251,400 |
| 2016 | $6,191 | $390,100 | $138,700 | $251,400 |
| 2015 | $6,166 | $401,000 | $138,700 | $262,300 |
| 2014 | -- | $344,300 | $192,300 | $152,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Redmond
Seller's Agent in 2025
Cindy Redmond
Coldwell Banker Realty
(612) 850-7015
1 in this area
52 Total Sales
-
Madeline Redmond
M
Seller Co-Listing Agent in 2025
Madeline Redmond
Coldwell Banker Realty
(952) 393-2992
36 Total Sales
-
Daniel Desrochers
Seller's Agent in 2024
Daniel Desrochers
eXp Realty
(612) 554-4773
1 in this area
1,741 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6574695
APN: 31-117-21-22-0009
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