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5620 Melody Lake Dr, Edina, MN, 55436

$795,000

Home List Price

$9,441*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,188 SqFt
$363/SqFt
House

Location

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5620 Melody Lake Dr, Edina$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage2 spaces
Year Built1956
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceAmusement Room, Family Room, Gas, Insert
MLS #6628044
StatusActive

About 5620 Melody Lake Dr

Astonishing, full remodel transformed this classic home, into a transitional, modern day beauty. The project completed September 2024 and shows like brand new construction with new interior design and impressive structural changes that boast soaring, vaulted ceilings in the great room/dining/kitchen area. Enjoy nature from the new sliding glass doors off main level, that lead to a brand new 12 x 12 outdoor deck overlooking a gorgeous backyard enhanced by a privacy fence. The home is positioned beautifully on a spacious, flat lot, great for play and entertaining with bountiful, perennial gardens. This home is a true major remodel, taken to the studs and led by a highly reputable builder and design team. Located in the heart of Edina and only minutes from major retail, major highway and interstate access. Melody Lake Park is walkable from home, and is assigned to he award winning Edina School District. Recently completed curbs and streets by City of Edina enhances the home and entire neighborhood. This is not just a house, it's a beautiful, newly remodeled home that's waiting to make a new owner proud! 2024 survey included with sale. Pre-Inspection report is available upon request.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 2,188 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Amusement Room, Family Room, Gas, Insert

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-394 to south on Hwy 100, to exit on Benton, turn right on Tingdale, Tingdale turns into Grove at the sharp curve to left, then right on Melody Lane, Left on Melody Lake Drive. House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $363/SqFt

Tax Information:

  • Annual Amount: $4,941
  • Tax Year: 2020
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Housing Market Comparison

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

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Edina, MN

City

Med. Sold Price

$618.1K

Med. Price/SqFt

$256

Avg. Days On Market

32

# of Sold Homes

47

5620 Melody Lake Dr vs Edina

40 DAYS ON ROCKET

+8 Days

$795,000

+$176.8K More

$363/SqFt

+$107 More

KEY TAKEAWAY

This property is $176.8K more than the Median Sold Price and $107/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: #6628044

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/17/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,941$385,300
2019$4,975$378,268
2018$4,717$359,084
2017$4,720$350,146

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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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-4372336
9
/10

  • Normandale Elementary School

  • 5701 Normandale Rd Ste 1

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-4372337
7
/10

  • Highlands Elementary School

  • 5505 Doncaster Way

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-4372338
7
/10

  • Concord Elementary School

  • 5900 Concord Ave

  • 0.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,993. The most common annual income of people living in Edina, MN is between $100k-200k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5620 Melody Lake Dr

What is the listing price of this property?

The listing price of 5620 Melody Lake Dr property is $795,000.

What type of property is this?

The property 5620 Melody Lake Dr is a house located in Edina, Minnesota, 55436.

Is this property for sale now?

Active Listing: 5620 Melody Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,941 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5620 Melody Lake Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5620 Melody Lake Dr is 2,188 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5620 Melody Lake Dr is 1956.

Rocket Homes›Minnesota›Hennepin County›Edina›55436›5620 Melody Lake Dr

This home is located at 5620 Melody Lake Dr in Edina, MN and zip code 55436 in the Melody Lake neighborhood. This 2,188 square foot home was built in 1956. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $795,000.

Edina, MN housing market in November 2024 saw over 9 listings sold above listed price, more than 8 sold at listed price and over 30 sold below. In November 2024 in Edina, MN there were 7.8% less homes for sale than in October 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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