NOT LISTED FOR SALE

7718 Lochmere Terrace Edina, MN 55439

Dewey Hill Neighborhood

Estimated Value: $737,458 - $756,000

3 Beds
2.5 Baths
3,400 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $430,000 $126 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,232/month

62 Days on Market

Highlights

  • Vaulted Ceiling
  • Cul-De-Sac
  • Fireplace
  • Creek Valley Elementary School Rated A
  • Skylights
  • 2 Car Attached Garage

About This Home

As of January 2014

One level TH living at its BEST! Dewey Hill III estate sale - "As-Is" addendum. Lrg open flr plan, vaults, skylights, gourmet kitchen, beautiful pond view, 3BR/3BA/3fplcs/+den. Clean slate for your decorating.

Last Agent to Sell the Property

Paul Coniaris

Concord Investment Co.,Inc. Listed on: 10/01/2013

Last Buyer's Agent

Linda Warner

Coldwell Banker Burnet

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,937

Year Built

  • 1988

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side by Side Parking

Additional Features

  • Cul-De-Sac
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal, trash

Listing and Financial Details

  • Assessor Parcel Number 0811621340090

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,937

Year Built

1988

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Side x Side
  • Amenities: Skylight, Vaulted Ceilings
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1800
  • Parcel Number: 0811621340090
  • Projected Closed Date: 01/31/2014
  • Street Designation: Terrace
  • Taxes With Assessments: 6568
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1988

Interior Features

  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x17, On Level: Main
  • Room 2: Dining Room, 12x10, On Level: Main
  • Room 3: Family Room, 35x17, On Level: Lower
  • Room 4: 25x11
  • Room 5: Bedroom, 17x16, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 7: 17x15, On Level: Lower
  • Room 9: Den/Office, 14x14, On Level: Lower
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1800
  • Below Grade Finished Sq Ft: 1600
  • Total Fin Square Footage: 3400

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 495

Schools

  • School District: Edina #273

Lot Info

  • Estimated Lot Dimensions: Common
  • Lot/Land Description: Cul De Sac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Laedtke Thomas W and Laedtke Elise T
Bought by
Blackwood Barbara A and Blackwood Gregory S
Current Estimated Value
$749,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,401
Outstanding Balance
$458,059
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,984

Purchase Details

Closed on
Apr 26, 2018
Sold by
Knight Emma Althea and Burrows Antonio M
Bought by
Laedtke Thomas W and Laedtke Elise T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jan 24, 2014
Sold by
Comprelli Valerie and Boosalis David
Bought by
Knight Emma Althea
Seller's Agent
Paul Coniaris
Concord Investment Co.,Inc.
Buyer's Agent
Linda Warner
Coldwell Banker Burnet
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$80,000
Interest Rate
4.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2000
Sold by
Case David A and Case Judith L
Bought by
Boosalis Peter M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blackwood Barbara A $613,000 Edina Realty Title Inc
Laedtke Thomas W $598,824 Minnetonka Title Inc
Knight Emma Althea $430,000 Burnet Title
Boosalis Peter M $501,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackwood Barbara A $510,401
Previous Owner Laedtke Thomas W $110,000
Previous Owner Laedtke Thomas W $479,200
Previous Owner Knight Emma Althea $80,000
Previous Owner Knight Emma Althea $264,000
Previous Owner Boosalis Peter M $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $430,000 -14.0% $126 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $499,900 -- $147 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2023 $8,937 $704,100 $95,000 $609,100
2022 $7,777 $640,100 $90,000 $550,100
2021 $7,274 $587,800 $90,000 $497,800
2020 $7,570 $554,500 $90,000 $464,500
2019 $6,586 $564,500 $100,000 $464,500
2018 $6,751 $503,200 $100,000 $403,200
2017 $6,381 $467,500 $100,000 $367,500
2016 $5,898 $425,000 $100,000 $325,000
2015 $6,344 $475,000 $100,000 $375,000
2014 -- $475,000 $100,000 $375,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4544907

REALTOR® Association of Southern Minnesota

APN: 08-116-21-34-0090