NOT LISTED FOR SALE

7500 Edinborough Way Unit 3216 Edina, MN 55435

Centennial Lakes Neighborhood

Estimated Value: $264,729 - $301,000

2 Beds
1 Bath
1,010 Sq Ft
$491/mo HOA Fee

Last Sold November 07, 2022

Last sale price $276,000 $273 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,210/month

Highlights

  • Heated In Ground Pool
  • 34,630 Sq Ft lot
  • Elevator
  • Lake View
  • Community Garden
  • 4-minute walk to Centennial Lakes Park

About This Home

As of November 2022

Rarely available LAKE VIEW condo at Centennial Lakes Village Homes, in a building with an elevator! Thislovely home features a stunning view from the balcony. Upon entering this one-level, open-concept home,you will notice the bright and airy living room, with its cozy gas fireplace. The large patio doorbeckons you to appreciate the view or spend time on the balcony. The spacious main bedroom has a walkthrough full bath and multiple large closets. The second bedroom would also make a great office, den, ormedia room. Convenient in-unit laundry. Underground parking space plus lot parking. Just steps toCentennial Lakes Park and The Promenade. Walk to restaurants and shops, play the putting greens or renta paddle boat. Dues include access to Edinborough Park fitness facilities and pool.

Last Agent to Sell the Property

Faranak Toma

Bridge Realty, LLC Listed on: 09/12/2022

Bridge Realty, LLC

Last Buyer's Agent

Steve Pedersen

Realty Advisors of the Twin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,469

Year Built

  • Built in 1989

Lot Details

  • 0.8

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Lake Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 3202824320286

Community Details

Overview

  • Association fees include maintenance structure, cable TV, gas, hazard insurance, heating, internet, ground maintenance, professional mgmt, trash, security, shared amenities, lawn care, water
  • First Service Residential Association, Phone Number (952) 253-3329
  • Low-Rise Condominium
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,469

Year Built

Built in 1989

Lot Details

0

HOA Fees

$491 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 1010
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Fireplace Features: Gas, Living Room
  • Living Area: 1010
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Exercise Room,Play Area

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: Below Ground, Heated, Indoor, Shared

Garage/Parking

  • Parking Features: Assigned, Detached, Garage Door Opener, Heated Garage, Paved, Shared Garage/Stall, Underground
  • Garage Square Feet: 240

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Other, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Lawn Care, Water
  • Phone: 952-253-3329
  • Association Fee: 491
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Intercom System,Main Floor Primary Bedroom,Paneled Doors,Panoramic View,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 34630.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3202824320286
  • Tax Annual Amount: 2469
  • TaxWithAssessments: 2469.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Nov 3, 2022
Sold by
Mehrabi Farnoosh
Bought by
Turner Barbara Ann
Seller's Agent
Faranak Toma
Bridge Realty, LLC
Buyer's Agent
Steve Pedersen
Realty Advisors of the Twin
List Price
$286,900
Sold Price
$276,000
Premium/Discount to List
-$10,900
-3.8%
Current Estimated Value
$281,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,932
Avg. Annual Appreciation
0.74%
Original Mortgage
$207,000
Outstanding Balance
$200,546
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$81,386

Purchase Details

Closed on
Jan 29, 2019
Sold by
Amehdighami Ali Akbar
Bought by
Mehrabi Farnoosh

Purchase Details

Closed on
Jun 30, 2011
Sold by
Simpson Elizabeth M
Bought by
Amehdighomi Ali Akbar

Purchase Details

Closed on
Jul 31, 2009
Sold by
Logan Nancy Ann
Bought by
Simpson Elizabeth M

Purchase Details

Closed on
Jun 16, 2000
Sold by
Daniewicz Irene M
Bought by
Logan Anna H
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Turner Barbara Ann $276,000 Lake Title
Mehrabi Farnoosh -- None Listed On Document
Amehdighomi Ali Akbar $160,000 None Available
Amehdighomi Ali Akbar $160,000 --
Simpson Elizabeth M $183,000 --
Logan Anna H $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Barbara Ann $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $276,000 -3.8% $273 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $286,900 -- $284 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $2,764 $249,300 $49,000 $200,300
2023 $2,809 $257,000 $54,000 $203,000
2022 $2,469 $253,300 $50,000 $203,300
2021 $2,387 $224,300 $30,000 $194,300
2020 $2,523 $215,700 $30,000 $185,700
2019 $2,362 $215,700 $30,000 $185,700
2018 $2,479 $199,700 $30,000 $169,700
2017 $2,100 $189,000 $30,000 $159,000
2016 $2,005 $175,000 $30,000 $145,000
2015 $1,983 $175,000 $30,000 $145,000
2014 -- $140,000 $30,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Faranak Toma

    Seller's Agent in 2022

    Faranak Toma

    Bridge Realty, LLC

    (952) 303-1151

    2 in this area

    88 Total Sales

    Faranak Toma
    Section Image

  • S

    Buyer's Agent in 2022

    Steve Pedersen

    Realty Advisors of the Twin

    (952) 941-8949

    1 in this area

    16 Total Sales

    Steve Pedersen
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6259998

NorthstarMLS

APN: 32-028-24-32-0286

Minnesota Hennepin County Edina 55435 Centennial Lakes

7500 Edinborough Way Unit 3216, Edina, MN

This home is located at 7500 Edinborough Way Unit 3216, Edina, MN 55435 since 12 September 2022 and is currently estimated at $281,932, approximately $279 per square foot. This property was built in 1989. 7500 Edinborough Way Unit 3216 is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

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