5501 Village Dr Edina, MN 55439
Prospect Knolls Neighborhood
3
Beds
2
Baths
2,426
Sq Ft
1984
Built
Highlights
- Building Security
- Property is near public transit
- Breakfast Area or Nook
- Creek Valley Elementary School Rated A
- Whirlpool Bathtub
- Elevator
About This Home
As of August 2014FANTASTIC SOUTH & WEST FACING.3 BR,2 FULL BATHS. GAS FIREPLACE IN THE LIVING ROOM. WONDERFUL SUN ROOM-2 GARAGE STALLS. HIGHPOINT CONDO W/ OVER 2400 FINISHED SQ.FT.LOCATED IN THE SOUTHWEST CORNER OF BUILDING FOR TOTAL PRIVACY & VERY QUIET! MOVE IN & ENJOY!
Last Agent to Sell the Property
Skip Thomas
RE/MAX Results Listed on: 07/22/2013
Last Buyer's Agent
Maryanne Grobe
Coldwell Banker Burnet
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,941
Year Built
- Built in 1984
Lot Details
- Cul-De-Sac
- Landscaped with Trees
HOA Fees
- $551 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,426 Sq Ft Home
- Woodwork
- Ceiling Fan
- Gas Fireplace
- Formal Dining Room
- Tile Flooring
- Fire Sprinkler System
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathroom on Main Level
- Whirlpool Bathtub
- Bathtub With Separate Shower Stall
Laundry
- Dryer
- Washer
Parking
- 3 Car Garage
- Garage Door Opener
- Driveway
Additional Features
- Wheelchair Access
- Patio
- Property is near public transit
- Central Air
Listing and Financial Details
- Assessor Parcel Number 0811621120067
Community Details
Overview
- Association fees include exterior maintenance, security system, snow removal, trash, water, cable/satellite, heat
- Low-Rise Condominium
- Car Wash Area
Additional Features
- Elevator
- Building Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2014
Closed on
Aug 15, 2014
Sold by
Labree Gladys Gladys
Bought by
Forchay Julie Julie
Seller's Agent
Julie Regan
Lakes Sotheby's International
Buyer's Agent
Kathleen Murphy
Edina Realty, Inc.
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,792
Avg. Annual Appreciation
3.32%
Original Mortgage
$321,500
Outstanding Balance
$248,774
Interest Rate
4.12%
Estimated Equity
$217,035
Purchase Details
Closed on
Aug 16, 2002
Sold by
Estate Of Franke P Durrett
Bought by
Labree John W and Labree G
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $325,000 | -- | |
| Deed | $342,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $321,500 | No Value Available | |
| Previous Owner | $170,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2014 08/15/14 | Sold | $325,000 | -7.1% | $173 / Sq Ft |
| 07/02/2014 07/02/14 | Pending | -- | -- | -- |
| 05/16/2014 05/16/14 | For Sale | $349,900 | +12.9% | $186 / Sq Ft |
| 08/28/2013 08/28/13 | Sold | $310,000 | -18.2% | $128 / Sq Ft |
| 07/22/2013 07/22/13 | Pending | -- | -- | -- |
| 07/22/2013 07/22/13 | For Sale | $379,000 | +35.4% | $156 / Sq Ft |
| 02/21/2012 02/21/12 | Sold | $280,000 | -28.2% | $115 / Sq Ft |
| 02/06/2012 02/06/12 | Pending | -- | -- | -- |
| 06/22/2011 06/22/11 | For Sale | $389,900 | -- | $161 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
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 | $4,375 | $365,400 | $65,000 | $300,400 |
| 2022 | $4,187 | $326,300 | $60,000 | $266,300 |
| 2021 | $4,112 | $326,300 | $60,000 | $266,300 |
| 2020 | $4,838 | $319,900 | $60,000 | $259,900 |
| 2019 | $4,590 | $369,400 | $60,000 | $309,400 |
| 2018 | $4,278 | $351,200 | $60,000 | $291,200 |
| 2017 | $4,231 | $310,000 | $60,000 | $250,000 |
| 2016 | $4,302 | $310,000 | $60,000 | $250,000 |
| 2015 | $3,571 | $277,000 | $60,000 | $217,000 |
| 2014 | -- | $246,700 | $60,000 | $186,700 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2014
Julie Regan
Lakes Sotheby's International
-
J
Seller Co-Listing Agent in 2014
Jeffrey Hornig
Lakes Sotheby's International
-
K
Buyer's Agent in 2014
Kathleen Murphy
Edina Realty, Inc.
-
S
Seller's Agent in 2013
Skip Thomas
RE/MAX
-
M
Buyer's Agent in 2013
Maryanne Grobe
Coldwell Banker Burnet
-
K
Seller's Agent in 2012
Kevin Ries
Edina Realty, Inc.
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 4510348
APN: 08-116-21-12-0058
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