Seller's Agent in 2023
Julie Regan
Lakes Sotheby's International Realty
(651) 707-6065
6 in this area
173 Total Sales
5504 Schaefer Rd Edina, MN 55436
Parkwood Knolls NeighborhoodEstimated Value: $3,573,000 - $4,404,000
7
Beds
9
Baths
9,141
Sq Ft
$428/Sq Ft
Est. Value
Highlights
- Home Theater
- Heated In Ground Pool
- Fireplace in Primary Bedroom
- Countryside Elementary School Rated A
- 37,462 Sq Ft lot
- Deck
About This Home
As of June 2023Superbly maintained home, located on an oversized lot in the coveted Parkwood Knolls neighborhood. This home offers tremendous entertaining & living spaces. The main level features a grand 2-story living room, gourmet kitchen, formal dining room, parlor with a fireplace, music room, flex bedroom space, & office with coffered ceiling. Unparalleled owner’s suite overlooks the beautifully manicured backyard & features a lavish walk-in closet, a spa-like master bathroom with dual vanities, free standing bathtub, & spacious glass shower. This home is an entertainer's dream with amenities such as a wet bar, wine cellar, theater room with surround sound, & ample storage space on the lower level. The screened-in porch leads you to the resort-style pool, built-in hot tub, & spectacular pool/guest house offering a full kitchen, bathroom, & family room. The heated driveway leads up to the 5 car garage spaces divided between 2 garages with a custom cigar room & bar. A truly one-of-a-kind home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,190
Year Built
- Built in 2006
Lot Details
- 0.86
Parking
- 5 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Pitched Roof
Interior Spaces
- 2-Story Property
- Central Vacuum
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Home Theater
- Game Room with Fireplace
- Screened Porch
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Natural lighting in basement
Outdoor Features
- Heated In Ground Pool
- Deck
- Patio
Additional Features
- Air Exchanger
- 0.86 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Parkwood Knolls Subdivision
Listing and Financial Details
- Assessor Parcel Number 3111721120020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2023
Closed on
Jun 2, 2023
Sold by
Oshaughnessy Michael L and Oshaughnessy Shyan
Bought by
Shafa Eiman
Seller's Agent
Julie Regan
Lakes Sotheby's International Realty
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$3,750,000
Sold Price
$3,550,000
Premium/Discount to List
-$200,000
-5.33%
Total Days on Market
22
Views
103
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
$358,275
Avg. Annual Appreciation
5.14%
Original Mortgage
$2,839,000
Outstanding Balance
$2,777,977
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,130,298
Purchase Details
Listed on
Apr 24, 2015
Closed on
Jul 27, 2015
Sold by
Flaherty Michael T and Moore Flaherty Lesley
Bought by
Shaughnessy Michael L O and Shaughnessy Shyan O
Seller's Agent
Julie Regan
Lakes Sotheby's International Realty
List Price
$3,900,000
Sold Price
$3,795,000
Premium/Discount to List
-$105,000
-2.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.84%
Purchase Details
Closed on
Feb 25, 2011
Sold by
Investment Lending Group Llc
Bought by
Flaherty Michael T and Moore Lesley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2005
Sold by
Johnson Adam J and Johnson Patricia
Bought by
Monterey Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
5.98%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 8, 2005
Sold by
Santrizos Theodora P
Bought by
Johnson Adam J
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 |
|---|---|---|---|
| Shafa Eiman | $3,550,000 | Burnet Title | |
| Shaughnessy Michael L O | $3,795,000 | Burnet | |
| Flaherty Michael T | $2,350,000 | -- | |
| Monterey Group Llc | $1,150,000 | -- | |
| Johnson Adam J | $915,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shafa Eiman | $2,839,000 | |
| Previous Owner | Flaherty Michael | $1,500,000 | |
| Previous Owner | Flaherty Michael T | $900,000 | |
| Previous Owner | Flaherty Michael T | $417,000 | |
| Previous Owner | Monterey Group Llc | $3,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2023 06/07/23 | Sold | $3,550,000 | -5.3% | $388 / Sq Ft |
| 05/18/2023 05/18/23 | Pending | -- | -- | -- |
| 04/25/2023 04/25/23 | For Sale | $3,750,000 | -1.2% | $410 / Sq Ft |
| 07/27/2015 07/27/15 | Sold | $3,795,000 | 0.0% | $558 / Sq Ft |
| 05/15/2015 05/15/15 | Pending | -- | -- | -- |
| 05/12/2015 05/12/15 | Off Market | $3,795,000 | -- | -- |
| 04/24/2015 04/24/15 | For Sale | $3,900,000 | -- | $573 / Sq Ft |
Source: NorthstarMLS
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 | $54,415 | $3,850,500 | $800,000 | $3,050,500 |
| 2022 | $48,100 | $3,395,600 | $845,000 | $2,550,600 |
| 2021 | $47,841 | $3,190,500 | $715,000 | $2,475,500 |
| 2020 | $48,272 | $3,164,600 | $682,500 | $2,482,100 |
| 2019 | $48,292 | $3,136,500 | $650,000 | $2,486,500 |
| 2018 | $47,590 | $3,140,900 | $650,000 | $2,490,900 |
| 2017 | $48,721 | $3,025,000 | $650,000 | $2,375,000 |
| 2016 | $46,494 | $2,850,000 | $500,000 | $2,350,000 |
| 2015 | $44,614 | $2,850,000 | $500,000 | $2,350,000 |
| 2014 | -- | $2,850,000 | $500,000 | $2,350,000 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Regan
-
Jeff Hornig
Seller Co-Listing Agent in 2023
Jeff Hornig
Lakes Sotheby's International Realty
(952) 230-3165
1 in this area
21 Total Sales
-
Drew Hueler
Buyer's Agent in 2023
Drew Hueler
Coldwell Banker Realty
(612) 701-3124
1 in this area
310 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6360397
APN: 31-117-21-12-0020
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