NOT LISTED FOR SALE

5700 Drew Ave S Edina, MN 55410

Chowen Park/Creek Knoll Neighborhood

Estimated Value: $514,000 - $588,000

2 Beds
2 Baths
1,348 Sq Ft
$411/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $295,000 $219 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,450/month

68 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 3 Car Detached Garage
  • Concord Elementary School Rated A
  • Formal Dining Room
  • 1-minute walk to Chowen Park

About This Home

As of June 2014

Charming 2BR/2BA home on sun-filled corner lot in convenient East Edina location. Offers lovely hardwood floors, built-in dining rm hutch, coved ceilings, romantic fireplace, 3-season porch, finished LL with family rm and 3/4 bath, plus rare 3-car garage.

Last Agent to Sell the Property

Carol Bennett

Lakes Area Realty, Inc Listed on: 04/04/2014

Co-Listed By

Thomas Kendall

Lakes Area Realty, Inc

Last Buyer's Agent

Matthew Harmer

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x135
  • Corner Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2002824230106

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,316

Year Built

Built in 1948

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.15
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 852
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 2002824230106
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x12, On Level: Main
  • Room 2: Dining Room, 9x9, On Level: Main
  • Room 3: Family Room, 30x12, On Level: Lower
  • Room 4: Kitchen, 10x9, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 10x9, On Level: Main
  • Room 9: Porch, 15x8, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 850
  • Below Grade Finished Sq Ft: 498
  • Total Fin Square Footage: 1348

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 48x135
  • Lot/Land Description: Corner Lot

Building Info

  • Year Built: 1948

Tax Info

  • Year: 2014
  • Tax Value: 3316

MLS Schools

  • School District: Edina #273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Olson Jeffery and Janey Diane
Bought by
Hill Lauren Hayes and Hill Robert James
Current Estimated Value
$553,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$322,878
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$230,552

Purchase Details

Closed on
Jul 29, 2015
Sold by
Gebbie Bruce J and Pelto Laurie J
Bought by
Olson Jeffery and Janey Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 30, 2014
Sold by
Peters Gregory L
Bought by
Gebbie Bruce J and Pelto Laurie J
Seller's Agent
Carol Bennett
Lakes Area Realty, Inc
Buyer's Agent
Matthew Harmer
Coldwell Banker Burnet
List Price
$319,900
Sold Price
$295,000
Premium/Discount to List
-$24,900
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$236,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1998
Sold by
Paulson Grant E and Paulson Debra B
Bought by
Peters Gregory L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hill Lauren Hayes $450,000 Edina Realty Title Inc
Olson Jeffery $435,000 Edina Realty Title Inc
Gebbie Bruce J $295,000 Midland Title
Peters Gregory L $149,900 --
Hill Robert Robert $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Lauren Hayes $360,000
Previous Owner Olson Jeffery $348,000
Previous Owner Gebbie Bruce J $236,000
Closed Hill Robert Robert $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $295,000 -7.8% $219 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $319,900 -- $237 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $6,470 $513,600 $328,600 $185,000
2023 $6,110 $508,100 $322,500 $185,600
2022 $5,613 $475,100 $290,200 $184,900
2021 $5,438 $436,100 $230,000 $206,100
2020 $5,549 $421,700 $215,000 $206,700
2019 $5,441 $422,400 $215,000 $207,400
2018 $5,054 $415,000 $211,200 $203,800
2017 $4,754 $351,900 $156,000 $195,900
2016 $3,581 $268,300 $147,600 $120,700
2015 $3,405 $265,300 $138,000 $127,300
2014 -- $235,500 $122,800 $112,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carol Bennett

    Lakes Area Realty, Inc

  • T

    Seller Co-Listing Agent in 2014

    Thomas Kendall

    Lakes Area Realty, Inc

  • M

    Buyer's Agent in 2014

    Matthew Harmer

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4598992

REALTOR® Association of Southern Minnesota

APN: 20-028-24-23-0106

Minnesota Hennepin County Edina 55410 Chowen Park/Creek Knoll

5700 Drew Ave S, Edina, MN

Not Listed for Sale

Detached

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