Seller's Agent in 2024
Daniel Revsbech
RE/MAX Results
(952) 451-3331
1 in this area
134 Total Sales
7201 Lanham Ln Edina, MN 55439
Prospect Knolls NeighborhoodEstimated Value: $889,000 - $949,000
5
Beds
3.5
Baths
3,765
Sq Ft
$241/Sq Ft
Est. Value
Highlights
- Multiple Garages
- Fireplace in Primary Bedroom
- Den
- Creek Valley Elementary School Rated A
- No HOA
- The kitchen features windows
About This Home
As of August 20245 bedroom 4 bath 2-story walk-out located on irreplaceable lot in Edina’s Prospect Knolls neighborhood. An east facing private back yard is only the start. There are so many special qualities about this home.
-There are 4 bedrooms on the upper level
-Primary bedroom also includes a den that would make a great walk-in closet
-The current walk-in closet would add great space for a future bath remodel
-This home has 5 fireplaces! Most have gas lines running to them
-Maple 3⁄4” hardwood floors throughout the main level
-Elegant front to back of the home living room
-Vaulted main floor family room
-Water and drain line available for a main level laundry in the mudroom coming in from the garage
-616 square foot workshop with exterior access sits below the garage!
-240 square foot walk-up attic storage and cedar closet above the garage!
- 2nd kitchen and complete living area in the lower level
Come and see this very special property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,677
Year Built
- Built in 1975
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 104x133x104x133
Parking
- 2 Car Attached Garage
- Multiple Garages
- Garage Door Opener
Home Design
- Pitched Roof
Interior Spaces
- 2-Story Property
- Brick Fireplace
- Family Room with Fireplace
- 5 Fireplaces
- Living Room with Fireplace
- Dining Room
- Den
- Storage Room
- Finished Basement
- Walk-Out Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- M P Johnsons Prospect Hills 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0811621240045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2024
Closed on
Jul 25, 2024
Sold by
Nersesian William and Nersesian Pamela
Bought by
Marnach Heath and Marnach Kate
Seller's Agent
Daniel Revsbech
RE/MAX Results
Buyer's Agent
Jay Staats
Edina Realty, Inc.
List Price
$869,900
Sold Price
$869,900
Views
4
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
$37,386
Avg. Annual Appreciation
4.09%
Original Mortgage
$739,415
Outstanding Balance
$731,831
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$175,455
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 |
|---|---|---|---|
| Marnach Heath | $869,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marnach Heath | $739,415 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $869,900 | 0.0% | $231 / Sq Ft |
| 07/06/2024 07/06/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $869,900 | -- | $231 / 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 | $9,677 | $755,300 | $396,800 | $358,500 |
| 2022 | $8,896 | $731,200 | $372,000 | $359,200 |
| 2021 | $8,796 | $660,100 | $319,300 | $340,800 |
| 2020 | $8,985 | $652,400 | $310,000 | $342,400 |
| 2019 | $8,836 | $653,900 | $310,000 | $343,900 |
| 2018 | $8,553 | $645,500 | $300,000 | $345,500 |
| 2017 | $7,589 | $546,100 | $212,500 | $333,600 |
| 2016 | $7,409 | $527,900 | $277,100 | $250,800 |
| 2015 | $7,129 | $527,900 | $277,100 | $250,800 |
| 2014 | -- | $527,900 | $277,100 | $250,800 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Revsbech
-
Jay Staats
Buyer's Agent in 2024
Jay Staats
Edina Realty, Inc.
(612) 719-3559
1 in this area
100 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6560530
APN: 08-116-21-24-0045
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