$675,000
OPEN TUE 4PM - 6PM COMING SOON

5501 Village Dr Unit 105 Edina, MN 55439

Prospect Knolls Neighborhood

Estimated payment $5,416/month

3 Beds
2 Baths
2,426 Sq Ft
$1,244/mo HOA Fee

Highlights

  • Elevator
  • Stainless Steel Appliances
  • Laundry Room
  • Creek Valley Elementary School Rated A
  • The kitchen features windows
  • Entrance Foyer

About This Home

Welcome to 5501 Village Drive, Unit #105! Incredible opportunity to own a fully renovated, move-in-ready condo in a prime Edina location! This unit is an absolute must-see! Sprawling over 2,400 finished square feet, this expansive one-level condo has 3 bedrooms, 2 bathrooms & 2 deeded parking spaces. Every inch of this condo has been renovated and updated. Step into a spacious entryway with a large walk-in closet. On one side of the unit, you will find a vibrant laundry room, a fully renovated hallway bathroom, the second bedroom, and the primary suite. The primary suite is sizable and has generous amounts of closet space. The luxurious primary ensuite is complete with a soaker tub & marble countertops. The opposite side of the unit offers a versatile third bedroom -- ideal for a home office, wet bar, living room, formal dining area, impressive kitchen, and a 3-season porch filled with natural light! Updates include: New hardwood flooring, new light fixtures, custom-built bookshelves, new blinds, new custom cabinetry throughout, new kitchen with JennAir appliances, new bathrooms, new wet bar, new electrical, new closet shelving systems, and much, much more! Book your showing today to come see this meticulously updated condo!

Listing Agent

Alex Richter

LPT Realty, LLC Listed on: 10/03/2025

LPT Realty, LLC

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,943

Year Built

  • Built in 1984

HOA Fees

  • $1,244 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 2,426 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room with Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 0811621120061

Community Details

Overview

  • Association fees include maintenance structure, gas, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, sewer, snow removal
  • Multi Venture Properties Association, Phone Number (952) 920-9388
  • Low-Rise Condominium
  • Condo 0503 Edina Highpointe Subdivision
  • Car Wash Area

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,943

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,244 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Elevator(s), Lobby Entrance
  • Fee Frequency: Quarterly
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 2426
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 33
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 2426
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room, Foyer

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Underground

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Snow Removal
  • Phone: 952-920-9388
  • Association Fee: 3733
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Tile Floors,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Multi Venture Properties

Schools

  • Junior High Dist: Edina
  • SchoolDistrictPhone: 952-848-3900

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0811621120061
  • Tax Annual Amount: 6943
  • TaxWithAssessments: 6942.6200

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $46 $3,700 $100 $3,600
2023 $44 $3,700 $100 $3,600
2022 $47 $3,700 $100 $3,600
2021 $48 $3,700 $100 $3,600
2020 $48 $3,700 $100 $3,600
2019 $48 $3,700 $100 $3,600
2018 $50 $3,700 $100 $3,600
2017 $51 $3,700 $100 $3,600
2016 $51 $3,700 $100 $3,600
2015 $49 $3,700 $100 $3,600
2014 -- $3,700 $100 $3,600
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Trustee Deed $392,000 Watermark Title Agency
Warranty Deed $217,500 --
Warranty Deed $217,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $196,000 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 6799418

NorthstarMLS

APN: 08-116-21-12-0098