2 months on rocket

5501 Village Dr Unit 202, Edina, MN, 55439

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
1,882 SqFt
$265/SqFt
Condo

Location

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5501 Village Dr Unit 202, Edina$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage Door Opener, Heated Garage, Underground
Garage2 spaces
Year Built1984
HeatingBaseboard
CoolingCentral Air
FireplaceGas, Living Room, Stone
MLS #6602509
StatusActive

About 5501 Village Dr Unit 202

Edina Highpointe is a 16-unit boutique building, built by Ron Clark. Walking distance to numerous shops and restaurants, and just down the road from Braemar Golf Course. This spacious two-bedroom, two-bath home features a generous living and dining area, complete with a gas fireplace and wet bar area. Large center-island kitchen with newer appliances. Sunny south-facing three-season porch. The large primary suite includes a spacious full bath & huge closet. Two parking stalls are included, as well as a storage locker.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 1,882 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Oven, Washer, Water Softener
  • Basement: No
  • Fireplace: Gas, Living Room, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Garage Door Opener, Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 70th Street west of Highway 100 to Cahill Rd, south 1 block to Village Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $265/SqFt

HOA Fees:

  • Amount: $2992
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Edina, MN.

Med. Sold Price

$618.1K

Med. Price/SqFt

$256

Avg. Days On Market

32

# of Sold Homes

47

5501 Village Dr Unit 202 vs Edina

80 DAYS ON ROCKET

+48 Days

$499,000

-$119.1K Less

$265/SqFt

+$9 More

KEY TAKEAWAY

This property is $119.1K less than the Median Sold Price and $9/SqFt more than other homes in Edina, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6602509

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

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Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3518311
7
/10
  • Creek Valley Elementary School

  • 6401 Gleason Rd

  • 1.23 miles

  • Public District Grades KG-5

school-card-donut-3518312
7
/10
  • Cornelia Elementary School

  • 7000 Cornelia Dr

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-3518313
8
/10
  • Countryside Elementary School

  • 5701 Benton Ave

  • 1.48 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,645. The most common annual income of people living in Edina, MN is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 Village Dr Unit 202

What is the listing price of this property?

The listing price of 5501 Village Dr Unit 202 property is $499,000.

What type of property is this?

The property 5501 Village Dr Unit 202 is a condo located in Edina, Minnesota, 55439.

Is this property for sale now?

Active Listing: 5501 Village Dr Unit 202 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5501 Village Dr Unit 202 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5501 Village Dr Unit 202 is 1,882 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 Village Dr Unit 202 is 1984.

Rocket Homes›Minnesota›Hennepin County›Edina›55439›5501 Village Dr Unit 202

This home is located at 5501 Village Dr Unit 202 in Edina, MN and zip code 55439 in the Prospect Knolls neighborhood. This 1,882 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $499,000.

Over 9 listings were sold over their listed price in November 2024 in Edina, MN. In the same period over 30 listings were sold below the listed price and 8 listings were sold for the listed price. The number of listings in Edina, MN decreased by 7.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $618,139, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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