NOT LISTED FOR SALE

5615 Schaefer Rd Edina, MN 55436

Parkwood Knolls Neighborhood

Estimated Value: $1,586,900 - $1,827,000

4 Beds
3 Baths
4,325 Sq Ft
$390/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $795,000 $184 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $10,776/month

25 Days on Market

Highlights

  • Heated In Ground Pool
  • Property is near public transit
  • Wood Flooring
  • Countryside Elementary School Rated A
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of September 2013

Casual resort style living in the heart of Parkwood Knolls! Sprawling ranch style late mid century home with so much pizazz & appeal! Most of the rooms surround the serene rear yard & pool area, nanny's wing (or in-law apt) area off the kitchen & laundry.

Last Agent to Sell the Property

John McDonald

Edina Realty, Inc. Listed on: 08/09/2013

Last Buyer's Agent

Jacob Smith

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,872

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 160x143x18
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Furnace Humidifier
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3111721140037

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,872

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System, Patio
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 4005
  • Mechanicals: Air to Air Exchange, Electronic Air Filter, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 3111721140037
  • Projected Closed Date: 09/27/2013
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 12872
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x18, On Level: Main
  • Room 2: Dining Room, 15x13, On Level: Main
  • Room 3: Family Room, 29x21, On Level: Main
  • Room 4: Kitchen, 16x13, On Level: Main
  • Room 5: Bedroom, 18x14, On Level: Main
  • Room 6: Bedroom, 16x12, On Level: Main
  • Room 7: 16x12, On Level: Main
  • Room 8: Bedroom, 12x12, On Level: Main
  • Room 9: Dining Room, 14x11, On Level: Main
  • Room 10: Rec Room, 20x16, On Level: Lower
  • Room 11: Mud Room, 9x8, On Level: Main
  • Room 12: Laundry Room, 9x8, On Level: Main
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 4005
  • Below Grade Finished Sq Ft: 320
  • Total Fin Square Footage: 4325

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Wood
  • Pool: Heated, In-Ground, Outdoor
  • Roof: Wood Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: 160x143x18
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1963

Tax Info

  • Year: 2013
  • Tax Value: 12872

MLS Schools

  • School District: Edina #273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2018
Sold by
Morgan Mikel G and Morgan Jill
Bought by
Torborg Joel F and Torborg Amanda J
Current Estimated Value
$1,687,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 9, 2013
Closed on
Sep 26, 2013
Sold by
Mckay Cathy Lynn
Bought by
Morgan Mikel G and Morgan Jill
Seller's Agent
John McDonald
Edina Realty, Inc.
Buyer's Agent
Jacob Smith
Lakes Sotheby's International
List Price
$829,000
Sold Price
$795,000
Premium/Discount to List
-$34,000
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$556,500
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 1996
Sold by
Rocchini Albert P and Rocchini Arlene G
Bought by
Mckay Randy T and Mckay Cathy L
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
Torborg Joel F $1,300,000 First American Title Ins Co
Morgan Mikel G $795,000 Multiple
Mckay Randy T $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torborg Joel F $229,000
Open Torborg Joel F $954,000
Closed Torborg Joel F $1,040,000
Previous Owner Morgan Mikel G $283,500
Previous Owner Morgan Mikel G $556,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $795,000 -4.1% $184 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $829,000 -- $192 / 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 $19,193 $1,413,700 $550,000 $863,700
2022 $16,157 $1,268,400 $531,200 $737,200
2021 $15,902 $1,128,700 $446,200 $682,500
2020 $15,892 $1,109,600 $425,000 $684,600
2019 $12,947 $1,090,400 $403,700 $686,700
2018 $13,097 $905,500 $403,700 $501,800
2017 $13,379 $895,000 $450,000 $445,000
2016 $12,027 $802,300 $450,000 $352,300
2015 $11,559 $802,300 $450,000 $352,300
2014 -- $856,200 $450,000 $406,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John McDonald

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2013

    Jacob Smith

    Lakes Sotheby's International

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4518103

REALTOR® Association of Southern Minnesota

APN: 31-117-21-14-0037

Minnesota Hennepin County Edina 55436 Parkwood Knolls

5615 Schaefer Rd, Edina, MN

This home is located at 5615 Schaefer Rd, Edina, MN 55436 since 09 August 2013 and is currently estimated at $1,687,475, approximately $390 per square foot. This property was built in 1963. 5615 Schaefer Rd is a home located in Hennepin County with nearby schools including Countryside Elementary School, Valley 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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