NOT LISTED FOR SALE

5501 Village Dr Unit 305 Edina, MN 55439

Prospect Knolls Neighborhood

Estimated Value: $497,000 - $631,000

2 Beds
2 Baths
2,426 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 5501 Village Dr Unit 305, Edina, MN 55439 and is currently estimated at $546,386, approximately $225 per square foot. 5501 Village Dr Unit 305 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
Jan 21, 2025
Sold by
Bennett D Melin Trust and Melin Bennett D
Bought by
Melin Bennett D
Current Estimated Value
$546,386

Purchase Details

Closed on
Mar 8, 2019
Sold by
Melin Bennett D
Bought by
Melin Bennett D and Bennett D Melin Trust

Purchase Details

Closed on
Jan 29, 2019
Sold by
Melin Bennett D
Bought by
Melin Bennett D and Melin John C

Purchase Details

Closed on
Jun 18, 2010
Sold by
Engstrom Donald L
Bought by
Meln Bennett D

Purchase Details

Closed on
Apr 25, 2006
Sold by
Rovich Odd K
Bought by
Engstrom Donald L and Engstrom Carol L

Purchase Details

Closed on
Feb 13, 2006
Sold by
Rovich Odd K
Bought by
Engstrom Donald L and Engstrom Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Melin Bennett D $500 None Listed On Document
Melin Bennett D -- None Available
Melin Bennett D -- None Listed On Document
Meln Bennett D $425,000 --
Engstrom Donald L $444,000 --
Engstrom Donald L $444,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engstrom Donald L $400,000
Source: Public Records

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
2023 $5,764 $481,400 $65,000 $416,400
2022 $5,517 $429,900 $60,000 $369,900
2021 $5,419 $429,900 $60,000 $369,900
2020 $5,935 $421,500 $60,000 $361,500
2019 $5,621 $453,100 $60,000 $393,100
2018 $4,859 $430,100 $60,000 $370,100
2017 $4,791 $355,000 $60,000 $295,000
2016 $4,872 $355,000 $60,000 $295,000
2015 $4,802 $362,800 $60,000 $302,800
2014 -- $322,800 $60,000 $262,800
Source: Public Records

Map

Minnesota Hennepin County Edina 55439 Prospect Knolls

5501 Village Dr Unit 305, Edina, MN

This home is located at 5501 Village Dr Unit 305, Edina, MN 55439 and is currently estimated at $546,386, approximately $225 per square foot. 5501 Village Dr Unit 305 is a home located in Hennepin County with nearby schools including Creek Valley Elementary School, Valley View Middle School, and Edina High School.

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