NOT LISTED FOR SALE

5505 Merritt Cir Edina, MN 55436

Highlands Neighborhood

Estimated Value: $1,052,000 - $2,422,000

4 Beds
3 Baths
3,100 Sq Ft
$644/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $660,000 $213 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $13,038/month

35 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fireplace
  • Highlands Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of August 2014

Stunning 1 story home in prime Highlands location. 3 beds up, updated kitchen, and attached 2 car garage. Great deck in private backyard. Nice lower level space with family room, workshop, wine room, and laundry. Steps to Highlands Elementary and Park.

Last Agent to Sell the Property

Kristen Christianson

Keller Williams Integrity Realty Listed on: 06/06/2014

Last Buyer's Agent

Kristen Christianson

Keller Williams Integrity Realty Listed on: 06/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 1954

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 220 x 112

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3211721120048

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,611

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.49
  • Construction: Previously Owned
  • Foundation Size: 1758
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 3211721120048
  • Projected Closed Date: 08/22/2014
  • Stories: 1 Story
  • Street Designation: Circle
  • Taxes With Assessments: 6611
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 27x15, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 22x13, On Level: Main
  • Room 4: Kitchen, 16x12, On Level: Main
  • Room 5: Bedroom, 15x13, On Level: Main
  • Room 6: Bedroom, 14x13, On Level: Main
  • Room 7: 14x10, On Level: Main
  • Room 8: Bedroom, 18x12, On Level: Lower
  • Room 9: Rec Room, 45x15, On Level: Lower
  • Room 10: Workshop, 18x8, On Level: Lower
  • Room 11: Laundry Room, 22x10, On Level: Lower
  • Room 12: Deck, 29x12, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2100
  • Below Grade Finished Sq Ft: 1000
  • Total Fin Square Footage: 3100

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 220 X 112

Building Info

  • Year Built: 1954

Tax Info

  • Year: 2013
  • Tax Value: 6611

MLS Schools

  • School District: Edina #273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 22, 2014
Sold by
Leeper Donald S and Leeper Elizabeth H
Bought by
Pierce Stephanie and Pierce James
Seller's Agent
Kristen Christianson
Keller Williams Integrity Realty
Buyer's Agent
Kristen Christianson
Keller Williams Integrity Realty
List Price
$685,000
Sold Price
$660,000
Premium/Discount to List
-$25,000
-3.65%
Total Days on Market
35
Current Estimated Value
$1,995,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,335,364
Avg. Annual Appreciation
10.80%
Original Mortgage
$528,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Michalke John L and Michalke Carol A
Bought by
Leeper Donald S and Leeper Elizabeth H
Source: Public Records

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Range of Values:

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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
Pierce Stephanie $660,000 Watermark Title Agency
Leeper Donald S $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce James Manfred $1,116,000
Closed Pierce James $206,000
Closed Pierce James M $900,000
Closed Pierce Stephanie $528,000
Previous Owner Leeper Donald S $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $660,000 -3.6% $213 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $685,000 -- $221 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $22,040 $1,610,600 $511,000 $1,099,600
2022 $19,109 $1,496,200 $474,500 $1,021,700
2021 $18,908 $1,319,300 $383,200 $936,100
2020 $18,078 $1,303,000 $365,000 $938,000
2019 $16,405 $1,228,500 $367,500 $861,000
2018 $16,808 $1,124,200 $341,200 $783,000
2017 $16,001 $1,053,000 $345,000 $708,000
2016 $9,115 $629,300 $345,000 $284,300
2015 $7,186 $531,400 $364,100 $167,300
2014 -- $471,000 $315,300 $155,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kristen Christianson

    Keller Williams Integrity Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4630553

REALTOR® Association of Southern Minnesota

APN: 32-117-21-12-0048

Minnesota Hennepin County Edina 55436 Highlands

5505 Merritt Cir, Edina, MN

This home is located at 5505 Merritt Cir, Edina, MN 55436 since 06 June 2014 and is currently estimated at $1,995,364, approximately $643 per square foot. This property was built in 1954. 5505 Merritt Cir is a home located in Hennepin County with nearby schools including Highlands Elementary School, South View Middle School, and Edina High School.

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