5840 Fairfax Ave Edina, MN 55424
Concord NeighborhoodEstimated Value: $571,000 - $806,000
3
Beds
2
Baths
1,253
Sq Ft
$513/Sq Ft
Est. Value
About This Home
This home is located at 5840 Fairfax Ave, Edina, MN 55424 and is currently estimated at $643,103, approximately $513 per square foot. 5840 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
Oct 31, 2017
Sold by
Wien Leroy F and The Leroy F Wien Trust
Bought by
Walpole Timothy M and Walpole Melisse A
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
$319,800
Outstanding Balance
$268,474
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$374,629
Purchase Details
Closed on
Apr 28, 2017
Sold by
Wien Leroy F
Bought by
Wien Leroy F and Leroy F Wien Trust
Purchase Details
Closed on
Sep 10, 2015
Sold by
Wien Leroy F and Wien Margaret G
Bought by
Leroy F Wien Trust
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 |
---|---|---|---|
Walpole Timothy M | $399,750 | Edina Realty Title | |
Wien Leroy F | -- | None Available | |
Wien Leroy F | -- | None Available | |
Leroy F Wien Trust | -- | Attorney |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Walpole Timothy M | $319,800 |
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 | $6,159 | $511,400 | $365,700 | $145,700 |
2022 | $5,356 | $491,000 | $344,500 | $146,500 |
2021 | $5,138 | $416,100 | $278,200 | $137,900 |
2020 | $5,245 | $399,500 | $260,800 | $138,700 |
2019 | $4,727 | $400,300 | $260,800 | $139,500 |
2018 | $4,120 | $364,300 | $224,000 | $140,300 |
2017 | $3,911 | $294,800 | $160,000 | $134,800 |
2016 | $3,635 | $271,900 | $167,800 | $104,100 |
2015 | $3,322 | $259,500 | $155,400 | $104,100 |
2014 | -- | $235,800 | $131,700 | $104,100 |
Source: Public Records
Map
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