5501 Valley Ln Edina, MN 55439
Normandale Park NeighborhoodEstimated Value: $636,000 - $876,534
4
Beds
4
Baths
2,593
Sq Ft
$274/Sq Ft
Est. Value
About This Home
This home is located at 5501 Valley Ln, Edina, MN 55439 and is currently estimated at $709,634, approximately $273 per square foot. 5501 Valley Ln is a home located in Hennepin County with nearby schools including Creek Valley Elementary School, Valley View Middle School, and Edina High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2024
Sold by
Hoenack Margaret
Bought by
Carrolman Jesse and Carrolman Emily
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$422,465
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$260,157
Purchase Details
Closed on
Aug 22, 2024
Sold by
Hoenack Margaret D
Bought by
Carrolman Jesse and Carrolman Emily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$422,465
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$260,157
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 | Buyer | Sale Price | Title Company |
---|---|---|---|
Carrolman Jesse | $625,000 | -- | |
Carrolman Jesse | $625,000 | Edina Realty Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Carrolman Jesse | $425,000 | |
Closed | Carrolman Jesse | $425,000 | |
Previous Owner | Hoenack Margaret D | $151,500 | |
Previous Owner | Hoenack Margaret D | $50,000 | |
Previous Owner | Hoenack Margaret D | $90,000 | |
Previous Owner | Hoenack Margaret D | $70,405 | |
Previous Owner | Hoenack Margaret D | $74,053 |
Source: Public Records
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 | $8,414 | $636,100 | $352,800 | $283,300 |
2022 | $7,495 | $619,200 | $336,000 | $283,200 |
2021 | $7,227 | $539,900 | $274,400 | $265,500 |
2020 | $7,653 | $521,800 | $254,800 | $267,000 |
2019 | $7,033 | $538,300 | $274,400 | $263,900 |
2018 | $7,336 | $531,500 | $266,000 | $265,500 |
2017 | $6,825 | $500,000 | $240,000 | $260,000 |
2016 | $6,964 | $501,500 | $240,000 | $261,500 |
2015 | $6,902 | $513,800 | $240,000 | $273,800 |
2014 | -- | $510,500 | $206,500 | $304,000 |
Source: Public Records
Map
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