NOT LISTED FOR SALE

5612 Edgewater Dr Savage, MN 55378

Estimated Value: $764,000 - $1,003,000

3 Beds
2.5 Baths
2,413 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $597,445 $248 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,286/month

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Walk-In Closet
  • Redtail Ridge Elementary School Rated A-
  • 3 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of March 2015

Sold Before Print

Last Agent to Sell the Property

Charles Ryan

Prime Real Estate Services Ltd Listed on: 09/23/2014

Last Buyer's Agent

Charles Ryan

Prime Real Estate Services Ltd Listed on: 09/23/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $639

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 75x140x152
  • Sprinkler System
  • Few Trees

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Home to be built
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding
  • Vinyl Siding

Interior Spaces

  • 2,413 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In
  • Bathroom on Main Level

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 264390070

Home Details

Home Type

Single Family

Est. Annual Taxes

$639

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System
  • Estimated Number of Acres: 0.39
  • Assessment Balance: 9569
  • Construction: To Be Built/Floor Plan
  • Foundation Size: 1392
  • Mechanicals: Air to Air Exchange, Furnace Humidifier
  • New Development: Yes
  • Parcel Number: 264390070
  • Projected Closed Date: 03/31/2015
  • Stories: 2 Story
  • Street Designation: Drive
  • Taxes With Assessments: 10208
  • Comp Dev Subdiv Name: Tracewater
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator, Wall Oven
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath, Rough In
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 14x14, On Level: Main
  • Room 2: Dining Room, 13x18, On Level: Main
  • Room 4: Kitchen, 10x17, On Level: Main
  • Room 5: Bedroom, 16x14, On Level: Upper
  • Room 6: Bedroom, 10x16, On Level: Upper
  • Room 7: 12x16, On Level: Upper
  • Room 9: Laundry Room, 8x8, On Level: Upper
  • Room 10: Den/Office, 11x10, On Level: Main
  • Room 11: Pantry, 5x6, On Level: Main
  • Room 12: Workshop, 16x18, On Level: Main
  • Room 13: Foyer, 7x7, On Level: Main
  • Room 14: Other, 32x28, On Level: Main
  • Basement Features: Drainage System, Sump Pump, Unfinished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2413
  • Total Fin Square Footage: 2413

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Brick, Fiber Board, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 350

Schools

  • School District: Prior Lake-Savage Area #719

Lot Info

  • Estimated Lot Dimensions: 75x140x152
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 2015

Multi Family

  • Total Units Available: 15

Tax Info

  • Year: 2013
  • Tax Value: 639

MLS Schools

  • School District: Prior Lake-Savage Area #719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2014
Closed on
Mar 31, 2015
Sold by
Jms Custom Homes Llc
Bought by
Sly David A and Sly Jaime A
Seller's Agent
Charles Ryan
Prime Real Estate Services Ltd
Buyer's Agent
Charles Ryan
Prime Real Estate Services Ltd
List Price
$575,000
Sold Price
$597,445
Premium/Discount to List
$22,445
3.9%
Current Estimated Value
$852,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,153
Avg. Annual Appreciation
3.42%
Original Mortgage
$477,859
Outstanding Balance
$367,731
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$484,867

Purchase Details

Listed on
Sep 23, 2014
Closed on
Mar 25, 2015
Sold by
Homestead Partners Llc
Bought by
Jms Custom Homes Llc
Seller's Agent
Charles Ryan
Prime Real Estate Services Ltd
Buyer's Agent
Charles Ryan
Prime Real Estate Services Ltd
List Price
$575,000
Sold Price
$597,445
Premium/Discount to List
$22,445
3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,859
Outstanding Balance
$367,731
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$484,867

Purchase Details

Closed on
Oct 30, 2014
Sold by
River Credit Llc
Bought by
Homestead Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.23%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Sly David A $597,445 Custom Home Builders Title L
Jms Custom Homes Llc -- Custom Home Builders Title L
Homestead Partners Llc $150,000 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sly David A $477,859
Previous Owner Homestead Partners Llc $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $597,445 +3.9% $248 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $575,000 -- $238 / 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
2025 $9,278 $755,800 $195,900 $559,900
2024 $9,026 $812,700 $205,300 $607,400
2023 $8,728 $792,700 $199,300 $593,400
2022 $7,888 $786,100 $181,200 $604,900
2021 $7,788 $621,100 $136,700 $484,400
2020 $8,174 $593,400 $110,300 $483,100
2019 $7,898 $603,100 $173,600 $429,500
2018 $8,326 $0 $0 $0
2016 $2,642 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4677716

REALTOR® Association of Southern Minnesota

APN: 26-439-007-0