5833 Fairfax Ave Edina, MN 55424
Concord NeighborhoodEstimated Value: $1,591,000 - $1,833,000
5
Beds
5
Baths
3,946
Sq Ft
$432/Sq Ft
Est. Value
About This Home
This home is located at 5833 Fairfax Ave, Edina, MN 55424 and is currently estimated at $1,702,973, approximately $431 per square foot. 5833 Fairfax Ave is a home located in Hennepin County with nearby schools including Concord Elementary School, South View Middle School, and Edina High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 12, 2022
Sold by
Nr Properties Inc
Bought by
Hoffmann Amy and Romero Paul
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,350
Outstanding Balance
$762,597
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$940,376
Purchase Details
Closed on
Aug 9, 2022
Sold by
Nr Properties Inc
Bought by
Amy C Hoffmann Revocable Trust and Paul Hoffmann Romero Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,350
Outstanding Balance
$762,597
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$940,376
Purchase Details
Closed on
Jul 2, 2021
Sold by
Liijenquist Harold O
Bought by
Nr Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
2.9%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hoffmann Amy | $1,459,772 | -- | |
Amy C Hoffmann Revocable Trust | $1,459,773 | None Listed On Document | |
Nr Properties Inc | $425,000 | All American Title Co Inc | |
-- | $425,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hoffmann Amy | $791,350 | |
Closed | Amy C Hoffmann Revocable Trust | $791,350 | |
Previous Owner | Nr Properties Inc | $720,000 | |
Closed | -- | $425,000 |
Source: Public Records
Tax History Compared to Growth
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 | $17,916 | $1,324,000 | $365,700 | $958,300 |
2022 | $5,353 | $793,300 | $344,500 | $448,800 |
2021 | $5,135 | $415,900 | $278,200 | $137,700 |
2020 | $5,244 | $399,300 | $260,800 | $138,500 |
2019 | $4,725 | $400,200 | $260,800 | $139,400 |
2018 | $4,119 | $364,200 | $224,000 | $140,200 |
2017 | $3,917 | $295,200 | $160,000 | $135,200 |
2016 | $3,763 | $280,400 | $167,800 | $112,600 |
2015 | $3,444 | $268,000 | $155,400 | $112,600 |
2014 | -- | $244,300 | $131,700 | $112,600 |
Source: Public Records
Map
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