NOT LISTED FOR SALE

5708 Parkwood Ln Edina, MN 55436

Parkwood Knolls Neighborhood

Estimated Value: $915,474 - $1,268,000

5 Beds
3.5 Baths
4,056 Sq Ft
$274/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $585,000 $144 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,849/month

119 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 3 Car Attached Garage
  • Countryside Elementary School Rated A
  • Fireplace
  • Bathroom on Main Level

About This Home

As of April 2014

Incredible opportunity in Parkwood Knolls. You'll love the main floor Family Room with fireplace, which opens to the deck with a natural gas grill. Plus an open bright basement & room in the unfinished basement area for a billiard room or a media center.

Last Agent to Sell the Property

Christopher Willette

Edina Realty, Inc. Listed on: 12/02/2013

Last Buyer's Agent

Jason Stockwell

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,167

Year Built

  • 1977

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 121x128
  • Sprinkler System

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 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

  • Short Sale
  • Assessor Parcel Number 3111721240069

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,167

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.35
  • Assessment Balance: 193
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 2393
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 3111721240069
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/09/2014
  • Stories: 1 Story
  • Street Designation: Lane
  • Taxes With Assessments: 9075
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Trash Compactor, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 18x15, On Level: Main
  • Room 2: Dining Room, 16x13, On Level: Main
  • Room 3: Family Room, 16x14, On Level: Main
  • Room 4: Kitchen, 19x13, On Level: Main
  • Room 5: Bedroom, 17x15, On Level: Main
  • Room 6: Bedroom, 13x12, On Level: Main
  • Room 7: 13x12, On Level: Main
  • Room 8: Bedroom, 17x17, On Level: Lower
  • Room 9: Rec Room, 23x17, On Level: Lower
  • Room 10: Den/Office, 12x10, On Level: Main
  • Room 11: Bedroom, 26x15, On Level: Lower
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2393
  • Below Grade Finished Sq Ft: 1663
  • Total Fin Square Footage: 4056

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt 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: 121X128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2013
Closed on
Apr 30, 2014
Sold by
Olsen Roger J
Bought by
Gjevre Peter W and Gjevre Thao E
Seller's Agent
Christopher Willette
Edina Realty, Inc.
Buyer's Agent
Jason Stockwell
RE/MAX Results
List Price
$695,000
Sold Price
$585,000
Premium/Discount to List
-$110,000
-15.83%
Current Estimated Value
$1,110,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,119
Avg. Annual Appreciation
5.12%
Original Mortgage
$468,000
Outstanding Balance
$361,801
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$669,387

Purchase Details

Listed on
Dec 2, 2013
Closed on
Apr 25, 2014
Sold by
Krause Elizabeth and Krause James Donald
Bought by
Olsen Roger
Seller's Agent
Christopher Willette
Edina Realty, Inc.
Buyer's Agent
Jason Stockwell
RE/MAX Results
List Price
$695,000
Sold Price
$585,000
Premium/Discount to List
-$110,000
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Outstanding Balance
$361,801
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$669,387

Purchase Details

Closed on
Jun 30, 2005
Sold by
Kelly Richard C and Kelly Robin S
Bought by
Olsen Roger J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2000
Sold by
Vesperman Tim L and Byrd David W
Bought by
Kelly Richard C and Kelly Robin S

Purchase Details

Closed on
Jun 23, 1997
Sold by
Kingsriter Douglas J and Kingsriter Deborah P
Bought by
Vesperman Tim L and Byrd David W
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
Gjevre Peter W $585,000 Global Closing & Title Servi
Olsen Roger -- Global Closing & Title Servi
Olsen Roger J $725,000 --
Kelly Richard C $599,900 --
Vesperman Tim L $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gjevre Peter W $468,000
Previous Owner Olson Roger J $75,067
Previous Owner Olsen Roger John $650,000
Previous Owner Olsen Roger J $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $585,000 -15.8% $144 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $695,000 -- $171 / 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 $10,167 $789,200 $481,500 $307,700
2022 $9,179 $745,800 $438,000 $307,800
2021 $8,916 $678,300 $383,200 $295,100
2020 $9,133 $660,100 $365,000 $295,100
2019 $9,117 $663,300 $380,000 $283,300
2018 $8,694 $663,300 $380,000 $283,300
2017 $8,567 $605,000 $365,000 $240,000
2016 $8,316 $581,800 $382,500 $199,300
2015 $10,492 $736,200 $425,000 $311,200
2014 -- $688,100 $425,000 $263,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christopher Willette

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2014

    Jason Stockwell

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4562946

REALTOR® Association of Southern Minnesota

APN: 31-117-21-24-0069

Minnesota Hennepin County Edina 55436 Parkwood Knolls

5708 Parkwood Ln, Edina, MN

This home is located at 5708 Parkwood Ln, Edina, MN 55436 since 02 December 2013 and is currently estimated at $1,110,119, approximately $273 per square foot. This property was built in 1977. 5708 Parkwood Ln 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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