15 days on rocket

5008 Kelsey Ter, Edina, MN, 55436

$2,450,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
2 Full Baths, 2 Partial
5,963 SqFt
$411/SqFt
House
Schools Nearby

Location

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5008 Kelsey Ter, Edina$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Finished Garage, Garage Door Opener, Insulated Garage, Tuckunder Garage
Attached Garage3 spaces
Year Built1997
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceTwo Sided, Family Room, Gas, Living Room
MLS #6521846
StatusActive

About 5008 Kelsey Ter

Taken down to the studs and rebuilt in 2022, the house begins with a private office and continues into the one of a kind kitchen, designed with a commercial flow in mind, but crafted for private luxury, complete with top-tier appliances and a hidden butler’s pantry. The formal dining room, warmed by a see-through fireplace, blends seamlessly into the inviting living room. With a laundry/mudroom just off the garage, the main floor also hosts the Primary suite, with a large walk-in closet and beautifully tiled private ensuite. Continue to the upper level where four bedrooms await, and attached to two shared bathrooms, and additional laundry room. The walkout lower level is completed with, family room, a guest suite, hidden playroom, a bonus bedroom that is sound insulated to serve as a second office, custom screened porch, a fully fenced back yard and extensive windows that immerse the interior in natural light. Priority enrollment to Edina schools.

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Living Area: 5,963 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Two Sided, Family Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Finished Garage, Garage Door Opener, Insulated Garage, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hopkins North Junior High, Public District Grades 7-9
  • Hopkins High School, Public District Grades 10-12
  • Alice Smith Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: 169 to Lincoln Exit, East on Lincoln Drive, continue east on Malibu Dr, Left on Park Terrace, Right onto Kelsey Terrace, continue to property on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $411/SqFt

Tax Information:

  • Annual Amount: $10,169
  • 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

$580K

Med. Price/SqFt

$250

Avg. Days On Market

32

# of Sold Homes

72

5008 Kelsey Ter vs Edina

15 DAYS ON ROCKET

-17 Days

$2,450,000

+$1.8M More

$411/SqFt

+$161 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $161/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: #6521846

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 5/31/2024, 10:22:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 16, 2011Home Sold
$670,000
Sep 30, 2005Home Sold
$935,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,169$803,800
2019$10,539$799,800
2018$10,312$790,000
2017$10,589$785,000

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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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.

Elementary School

school-card-donut-5878723
2
/10

  • Alice Smith Elementary

  • 801 Minnetonka Mills Rd

  • 1.58 miles

  • Public District Grades KG-6

High School

school-card-donut-5878724
4
/10

  • Hopkins North Junior High

  • 10700 Cedar Lake Rd

  • 3.03 miles

  • Public District Grades 7-9

school-card-donut-5878725
6
/10

  • Hopkins High School

  • 2400 Lindbergh Dr

  • 3.28 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,510. Typical income of Edina, MN residents is $200k+ annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5008 Kelsey Ter

What is the listing price of this property?

The listing price of 5008 Kelsey Ter property is $2,450,000.

What type of property is this?

The property 5008 Kelsey Ter is a house located in Edina, Minnesota, 55436.

Is this property for sale now?

Active Listing: 5008 Kelsey Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5008 Kelsey Ter are:
Alice Smith Elementary: GreatSchools Rating 2/10
Hopkins North Junior High: GreatSchools Rating 4/10
Hopkins High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,169 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 16, 2011 for $670,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5008 Kelsey Ter has 7 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 5008 Kelsey Ter is 5,963 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5008 Kelsey Ter is 1997.

Rocket Homes›Minnesota›Hennepin County›Edina›55436›5008 Kelsey Ter

This home is located at 5008 Kelsey Ter in Edina, MN and zip code 55436 in the Parkwood Knolls neighborhood. This 5,963 square foot home was built in 1997. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $2,450,000.

In April 2024 more than 24 listings in Edina, MN were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 36 were sold below. Between March 2024 and April 2024, Edina, MN real estate market has seen increase in the number of listings by 17.9%. While the average time on the market in April 2024 was 32 days, the median list price was $580,000.

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

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