NOT LISTED FOR SALE

5537 Park Place Edina, MN 55424

Minnehaha Woods Neighborhood

Estimated Value: $2,282,000 - $2,438,000

5 Beds
4.5 Baths
4,500 Sq Ft
$524/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $450,000 $100 Per Sq Ft

Est. 424% increase in value since last sale

Current estimated payment $15,108/month

83 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Formal Dining Room
  • Concord Elementary School Rated A
  • Corner Lot
  • Fireplace

About This Home

As of March 2012

New opportunity! "to be built". 4 bedrooms up, close to 50th and France! Edina Schools, Architectural design by Murphy and Co. Built by Jyland Construction Management. Contact agent for more details and drawings. Subject to Edina building permit.

Last Agent to Sell the Property

Robert Carlson

Coldwell Banker Burnet Listed on: 12/16/2011

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,269

Year Built

  • 2012

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Additional Features

  • Air Exchanger
  • Porch
  • Property is near public transit

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,269

Year Built

2012

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Driveway - Asphalt, Porch
  • Estimated Number of Acres: 0.22
  • Assessment Balance: 433.39
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1700
  • Mechanicals: Air to Air Exchange, Furnace Humidifier
  • Projected Closed Date: 03/19/2012
  • Stories: 2 Story
  • Street Designation: Place
  • Taxes With Assessments: 6475.5
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 20x16, On Level: Main
  • Room 2: Dining Room, 15x12, On Level: Main
  • Room 4: Kitchen, 20x16, On Level: Main
  • Room 5: Bedroom, 18x16, On Level: Upper
  • Room 6: Bedroom, 14x12, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: 4 Season Porch, 13x12, On Level: Main
  • Room 10: Den/Office, 14x12, On Level: Main
  • Room 11: Laundry Room, 10x8, On Level: Upper
  • Room 12: Rec Room, 34x16, On Level: Lower
  • Room 13: Bedroom, 14x12, On Level: Lower
  • Room 14: Den/Office, 14x12, On Level: Lower
  • Basement Features: Egress Windows
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3450
  • Below Grade Finished Sq Ft: 1050
  • Total Fin Square Footage: 4500

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 130x90, 12
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Schmitt Kate A
Bought by
Burns Robert D and Burns Sophie M
Current Estimated Value
$2,359,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Outstanding Balance
$930,215
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,296,028

Purchase Details

Closed on
Oct 9, 2019
Sold by
Schmitt Erik J
Bought by
Schmitt Kate A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 16, 2011
Closed on
Mar 19, 2012
Sold by
Morton Equity Llc
Bought by
Schmitt Kate A and Schmitt Erik J
Seller's Agent
Robert Carlson
Coldwell Banker Burnet
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,395,000
Sold Price
$450,000
Premium/Discount to List
-$945,000
-67.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Source: Public Records

Range of Values:

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Average Value
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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
Burns Robert D $1,985,000 Burnet Title
Schmitt Kate A -- None Available
Schmitt Kate A $450,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Robert D $1,020,000
Previous Owner Schmitt Kate A $500,000
Previous Owner Eidson Danny L $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $450,000 -67.7% $100 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $1,395,000 -- $310 / 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 $26,269 $1,901,300 $598,500 $1,302,800
2022 $18,584 $1,777,800 $540,000 $1,237,800
2021 $19,687 $1,281,700 $427,500 $854,200
2020 $20,131 $1,283,400 $427,500 $855,900
2019 $19,861 $1,289,900 $432,200 $857,700
2018 $19,674 $1,274,200 $432,200 $842,000
2017 $19,661 $1,207,900 $367,200 $840,700
2016 $19,682 $1,192,200 $367,200 $825,000
2015 $19,916 $1,252,800 $387,100 $865,700
2014 -- $372,600 $322,600 $50,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Robert Carlson

    Coldwell Banker Burnet

  • N

    Buyer's Agent in 2012

    NON-RMLS NON-RMLS

    Non-MLS

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4094215

REALTOR® Association of Southern Minnesota

APN: 19-028-24-11-0055

Minnesota Hennepin County Edina 55424 Minnehaha Woods

5537 Park Place, Edina, MN

This home is located at 5537 Park Place, Edina, MN 55424 since 16 December 2011 and is currently estimated at $2,359,565, approximately $524 per square foot. This property was built in 2012. 5537 Park Place is a home located in Hennepin County with nearby schools including Concord Elementary School, South View Middle School, and Edina High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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