NOT LISTED FOR SALE

7040 Lanham Ln Edina, MN 55439

Prospect Knolls Neighborhood

Estimated Value: $964,324 - $1,243,000

4 Beds
2.5 Baths
3,788 Sq Ft
$290/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2012

Last sale price $596,100 $157 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,954 / mo

9 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Corner Lot
  • Creek Valley Elementary School Rated A
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of January 2012

Beautiful Brick & Stucco home on a large corner lot, quiet street, beautiful neighborhood. Spacious main floor with renovated Kt, Main floor half bath and laundry, main floor Family room w fplc, huge owners suite, LL amusement room, walkout basement

Last Agent to Sell the Property

Steve Havig

Lakes Area Realty Listed on: 11/21/2011

Last Buyer's Agent

Benjamin Krsnak

Hempel Properties

Home Details

Home Type

  • Single Family

Year Built

  • 1982

Lot Details

  • 16,117 Sq Ft Lot
  • Lot Dimensions are 84x79x80x1
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 4-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

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

Home Details

Home Type

Single Family

Year Built

1982

Lot Details

0.37 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Concrete, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.37
  • Construction: Previously Owned
  • Foundation Size: 2243
  • Mechanicals: Central Vacuum, Water Softener-Owned
  • Stories: 4+ Level Split
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Master Walk-Thru, Separate Tub & Shower
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x14, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 21x15, On Level: Main
  • Room 4: Kitchen, 19x15, On Level: Main
  • Room 5: Bedroom, 17x13, On Level: Upper
  • Room 6: Bedroom, 14x12, On Level: Upper
  • Room 7: 15x14, On Level: Lower
  • Room 8: Bedroom, 15x13, On Level: Lower
  • Room 9: Rec Room, 25x16, On Level: Lower
  • Room 10: Laundry Room, On Level: Main
  • Room 11: Den/Office, 17x17, On Level: Lower
  • Room 12: Storage Room, On Level: Lower
  • Room 13: Patio, 26x14, On Level: Main
  • Room 14: Foyer, 14x8, On Level: Main
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2296
  • Below Grade Finished Sq Ft: 1492
  • Total Fin Square Footage: 3788

Exterior Features

  • Frontage Road: City, Curb/Gutters
  • Exterior: Brick, Stucco

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: 84X79X80X1
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
Krsnak Joshua D and Krsnak Laura Morgan Kennedy
Bought by
Broderick Sean and Broderick Deborah
Current Estimated Value
$1,100,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Outstanding Balance
$175,819
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving
Estimated Equity
$924,512

Purchase Details

Listed on
Nov 21, 2011
Closed on
Jan 3, 2012
Sold by
Harrington Jeffrey M and Harrington Lori J
Bought by
Krsnak Joshua D and Krsnak Laura Morgan Kennedy
Seller's Agent
Steve Havig
Lakes Area Realty
Buyer's Agent
Benjamin Krsnak
Hempel Properties
List Price
$624,900
Sold Price
$596,100
Premium/Discount to List
-$28,800
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$300,000
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 2, 2002
Sold by
Richards Bryan D and Richards Janet G
Bought by
Horrington Jeffrey M and Horrington Lori J
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Broderick Sean $795,000 Watermark Title Agency
Krsnak Joshua D $596,100 Titlesmart Inc
Horrington Jeffrey M $526,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Broderick Sean $219,000
Open Broderick Sean $417,000
Previous Owner Krsnak Joshua D $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2012 01/06/12 Sold $596,100 -4.6% $157 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
11/21/2011 11/21/11 For Sale $624,900 -- $165 / 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 $11,986 $877,000 $490,200 $386,800
2023 $11,403 $874,700 $486,400 $388,300
2022 $10,305 $843,000 $456,000 $387,000
2021 $10,175 $751,000 $391,400 $359,600
2020 $10,384 $741,100 $380,000 $361,100
2019 $10,258 $742,300 $380,000 $362,300
2018 $10,458 $735,400 $372,000 $363,400
2017 $8,476 $599,500 $263,500 $336,000
2016 $8,303 $581,000 $281,000 $300,000
2015 $7,168 $530,300 $281,000 $249,300
2014 -- $530,300 $281,000 $249,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steve Havig

    Lakes Area Realty

  • B

    Buyer's Agent in 2012

    Benjamin Krsnak

    Hempel Properties

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4090182

REALTOR® Association of Southern Minnesota

APN: 08-116-21-21-0065

Minnesota Hennepin County Edina 55439 Prospect Knolls

7040 Lanham Ln, Edina, MN

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