$562,000
SOLD MAR 28, 2025

5409 Edgewater Dr Savage, MN 55378

4 Beds
4 Baths
3,230 Sq Ft
0.27 Acres

Recently Sold

$174 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Recreation Room
  • Stainless Steel Appliances
  • 3 Car Attached Garage
  • Redtail Ridge Elementary School Rated A-
  • The kitchen features windows
  • Living Room

About This Home

As of March 2025

**Stunning 2-Story Home with Finished Basement & Premier Location!**

Welcome to this beautifully designed 2-story home featuring an open-concept main level with a spacious kitchen, dining area, and inviting family room—all enhanced by gleaming hardwood floors and elegant granite countertops. A versatile front room can serve as an office, reading nook, or flex space to suit your needs.

Upstairs, you’ll find four generously sized bedrooms, including a luxurious owner’s suite with a private en-suite bathroom and a custom walk-in closet system. The finished basement is an entertainer’s dream, boasting a large recreation room, separate playroom, wet bar, and a convenient half bath.

Step outside to your backyard oasis, complete with a paver patio, built-in gas grill, and a lighted pergola—perfect for outdoor gatherings. Enjoy evenings by the firepit or tend to the raised garden beds. The oversized 3-car attached garage provides ample storage and parking.

Located across the street from scenic Hanrahan Lake and the Northern Trailhead, which features one of the most challenging cross-country ski areas in the Twin Cities, a popular mountain bike trail and scenic walking/hiking trails. With the exception of the trails, the park reserve remains undeveloped, making it the best park in Three Rivers for birdwatchers to spot woodland songbirds. This home is also within the highly sought-after Prior Lake School District, offering a perfect blend of comfort, style, and convenience.

Don’t miss this incredible opportunity—schedule your showing today!

Last Agent to Sell the Property

Holly Weinstine

RE/MAX Results Listed on: 02/24/2025

RE/MAX Results

Last Buyer's Agent

Mitchell Scrimgeour

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,420

Year Built

  • Built in 2012

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 86x138
  • Few Trees

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Play Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • Association fees include trash
  • Trace Water 1 Association, Phone Number (612) 965-4297
  • Trace Water 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264340080

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,420

Year Built

Built in 2012

Lot Details

0

HOA Fees

$29 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: 2264
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 3230
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 966
  • Basement YN: Yes
  • Dining Room Type: Living Room, Informal Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Recreation Room, Play Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 864

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other, Trash
  • Phone: 612-965-4297
  • Association Fee: 350
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Porch,In-Ground Sprinkler

Association/Amenities

  • HOA Management Co: Trace Water 1 Association

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 86x138
  • Lot Size Sq Ft: 11761.2
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 264340080
  • Tax Annual Amount: 5420
  • TaxWithAssessments: 5420.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 28, 2025
Sold by
Jensen Michael Collin
Bought by
Stacken Emily and Stacken Brandon
Seller's Agent
Holly Weinstine
RE/MAX Results
Buyer's Agent
Mitchell Scrimgeour
eXp Realty
List Price
$550,000
Sold Price
$562,000
Premium/Discount to List
$12,000
2.18%
Views
46
Current Estimated Value
$564,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,674
Avg. Annual Appreciation
-0.20%
Original Mortgage
$505,800
Outstanding Balance
$504,084
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$57,434

Purchase Details

Listed on
Feb 1, 2012
Closed on
Jun 15, 2012
Sold by
Jms Custom Homes Llc
Bought by
Jensen Michael Collin and Jensen Robynn Lynn
Seller's Agent
Nancy Schoenwetter
Prime Real Estate Services Ltd
Buyer's Agent
Craig Johnson
Keller Williams Realty Integrity-Edina
List Price
$329,900
Sold Price
$337,900
Premium/Discount to List
$8,000
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$331,779
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2011
Sold by
River Credit Llc
Bought by
Jms Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,747
Interest Rate
4.01%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $562,000 Results Title
Warranty Deed $337,900 Signature Title Midwest Serv
Warranty Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,800 New Conventional
Closed $105,000 Credit Line Revolving
Previous Owner $400,000 Construction
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $331,779 FHA
Previous Owner $22,747 Unknown
Previous Owner $180,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $562,000 +2.2% $174 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $550,000 +62.8% $170 / Sq Ft
06/15/2012 06/15/12 Sold $337,900 +2.4% $149 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $329,900 -- $146 / 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 $5,580 $530,400 $175,000 $355,400
2024 $5,420 $523,500 $174,200 $349,300
2023 $5,202 $510,400 $169,200 $341,200
2022 $4,994 $503,500 $153,800 $349,700
2021 $4,698 $409,400 $124,000 $285,400
2020 $4,898 $372,700 $105,000 $267,700
2019 $4,820 $376,800 $111,600 $265,200
2018 $5,248 $0 $0 $0
2016 $5,030 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6656662

NorthstarMLS

APN: 26-434-008-0