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5201 Edgewater Drive

5201 Edgewater Drive, Savage, MN 55378
Property in Savage
Sold Aug 14, 2021
$465,000
$465,000 by Mortgage Research Center Llc
Mortgage Due Aug 01, 2051
Sold Jan 06, 1997
$175,834
5201 Edgewater Drive in Savage, MN was first built in 1996 and is 28 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5201 Edgewater Drive has 2,194 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,064 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 15,246 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 736 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5201 Edgewater Drive sold most recently in Jul 28, 2021 for a total of $465,000. If you work out the math, that's approximately a cost of $211.94 per sqft. Before that, the property was also sold for $175,834 in Dec 27, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,662 in taxes each year. 5201 Edgewater Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $455,600. If we break it down further, the land itself was valued at $171,800. Improvements to the property, however, were assessed at a total of $283,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: D+
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,064
  • Garage Type: Garage
  • Garage Square Area: 736
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,194
  • Gross Building Area: 2,908
  • Building Area: 2,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,194
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUFFERIN PARK 10TH ADDN
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME DUFFERIN PARK 10TH ADDN LOT 002 BLOCK 001 SUBDIVISIONCD 26230

Ownership

  • Current Owner : JOSEPH OTLENZ
  • Current Owner 2: JOSEPH BRITTANY
  • Previous Owner : PITKANEN JEFFREY A
  • Previous Owner 2: PITKANEN KATHLEEN A
  • Owner Before Previous Owner: KEY LAND HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: CTY-SAVAGE
  • School Tax District Code 3: SCOTT COUNTY WM
  • Census Tract: 080207

Geography

  • Assessors Map Reference: PM 26230
  • District: 0900
  • Parcel: 26-230002-0
  • Block: 001
  • Lot: 002
  • Municipality: CITY OF SAVAGE
  • Latitude: 44.729
  • Longitude: -93.3445

    Address

  • Full Address: 5201 Edgewater Dr
  • Address - House Number: 5201
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Savage
  • Carrier Code: R022
  • 4-Digit Zip Code: 5616
  • Zip Code: 55378

Valuation

    Tax

  • Total Area: 2,101
  • Tax Year: 2023
  • Tax Amount: $4,662
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.1378
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 511,089
  • High Value: 581,530
  • Low Value: 440,648

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Aug 14, 2021
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $455,600
  • Market Land Value: $171,800
  • Market Improvement Value: $283,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,600
  • Assessed Land Value: $171,800
  • Assessed Improvements Value: $283,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 14, 2021
  • Current Sale Transaction ID: 11849388673
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 271781
  • Previous Sale Recording Date: Jan 06, 1997
  • Previous Sale Contract Date: Dec 27, 1996
  • Previous Sale Amount: $175,834
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Aug 14, 2021
  • First Mortgage Loan Amount: $465,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2051

About Savage



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Frequently Asked Questions

What neighborhood is 5201 Edgewater Drive located in?
The 5201 Edgewater Drive is a located in the neighborhood of Savage in Savage, Savage.
What is the average sales price for listings in 5201 Edgewater Drive?
The average sales price for units in 5201 Edgewater Drive is $0 currently.

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