Buyer's Agent in 2022
Mitchell Culbreath
RE/MAX Results
(612) 516-4323
1 in this area
38 Total Sales
7048 Cahill Rd Edina, MN 55439
Prospect Knolls NeighborhoodEstimated Value: $501,106 - $543,000
2
Beds
3.5
Baths
2,720
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- Deck
- Living Room with Fireplace
- Zero Lot Line
- Creek Valley Elementary School Rated A
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of October 2022Beautifully Updated Townhome in the heart of Edina! Perfect location! Minutes from Southdale Center shopping, Centennial Lakes, Nine Mile Creek Regional Trails, medical clinics, restaurants, Hwy 62,100 and 494. Over $100k in upgrades including new natural wood floors & Olympia Porcelain tile in the kitchen... See complete upgrade list! Home features two en-suite bedrooms - one with whirlpool soakertub & dual walk-in closets, 2 fireplaces, wet bar, lots of storage and more. Spacious walk-out LL opens to lush green landscaping with a stone privacy wall and hosts Amusement Rm, 3/4 bath plus Flexible Areafor Office, Guests, Hobby... Impeccably maintained and move-in ready!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,891
Year Built
- Built in 1988
Lot Details
- 2,178
HOA Fees
- $495 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Tuck Under Garage
- Garage Door Opener
Home Design
- Split Level Home
Interior Spaces
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Game Room with Fireplace
Kitchen
- Cooktop
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Crawl Space
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Additional Features
- Deck
- Zero Lot Line
Community Details
- Association fees include maintenance structure, hazard insurance, ground maintenance, parking, professional mgmt, trash, lawn care
- Multiventure Properties, Inc. Association, Phone Number (952) 456-6506
Listing and Financial Details
- Assessor Parcel Number 0811621120112
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2022
Closed on
Oct 6, 2022
Sold by
Wang Lihua and Wang Denis
Bought by
Schmid Kristie and Nygard Mark J
Buyer's Agent
Mitchell Culbreath
RE/MAX Results
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,027
Avg. Annual Appreciation
5.09%
Original Mortgage
$173,000
Outstanding Balance
$167,856
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$351,611
Purchase Details
Closed on
Aug 25, 2015
Sold by
Bredesen Katherine M
Bought by
Wang Lihua and Burk Denis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2012
Sold by
Bredesen Katherine M
Bought by
Bredesen Katherine M and Katherine M Bredesen Trust
Purchase Details
Closed on
Oct 26, 2001
Sold by
Erickson Warren C and Rossini Maxine D
Bought by
Bredesen Arthur Charles and Bredesen Katherine Marie
Purchase Details
Closed on
Jun 8, 1999
Sold by
Cluskey Deborah R
Bought by
Erickson Warren C
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 |
|---|---|---|---|
| Schmid Kristie | $450,000 | Burnet Title | |
| Wang Lihua | $325,000 | Burnet Title | |
| Bredesen Katherine M | -- | None Available | |
| Bredesen Arthur Charles | $369,900 | -- | |
| Erickson Warren C | $269,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmid Kristie | $173,000 | |
| Previous Owner | Wang Lihua | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $450,000 | +2.5% | $165 / Sq Ft |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- |
| 08/12/2022 08/12/22 | For Sale | $439,000 | -- | $161 / Sq Ft |
Source: NorthstarMLS
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 | $5,498 | $459,200 | $65,000 | $394,200 |
| 2022 | $4,989 | $425,200 | $55,000 | $370,200 |
| 2021 | $4,891 | $390,500 | $55,000 | $335,500 |
| 2020 | $4,878 | $382,800 | $55,000 | $327,800 |
| 2019 | $4,615 | $375,300 | $55,000 | $320,300 |
| 2018 | $4,510 | $357,400 | $50,000 | $307,400 |
| 2017 | $4,382 | $327,700 | $50,000 | $277,700 |
| 2016 | $4,457 | $327,700 | $50,000 | $277,700 |
| 2015 | $4,291 | $327,700 | $50,000 | $277,700 |
| 2014 | -- | $285,000 | $50,000 | $235,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Culbreath
Map
Source: NorthstarMLS
MLS Number: 6248306
APN: 08-116-21-12-0112
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