5705 Schaefer Rd
Edina, MN 55436
Parkwood Knolls- 6 Beds
- 3.5 Baths
- 3,996 sqft (on 0.47 acres)
6 Beds
3.5 Baths
3,996 sqft
(on 0.47 acres)
Home Value
Trulia Estimate
$1.17MSince last month
Increased$18K (+1.6%)Since last year
Increased$66K (+6%)Since last sale
Increased$482K (+70.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +57% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.16M |
| July 2026 | $1.17M |
| June 2026 | $1.15M |
| May 2026 | $1.15M |
| April 2026 | $1.13M |
| March 2026 | $1.12M |
| February 2026 | $1.09M |
| January 2026 | $1.06M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $920,000 | 07/10/26 | 4 | 3 | 3,438 | |
0.08 | Single-Family Home | $1,400,000 | 06/02/26 | 5 | 4.5 | 6,108 | |
0.17 | Single-Family Home | $1,475,000 | 06/01/26 | 4 | 3.5 | 4,552 | |
0.25 | Single-Family Home | $914,999 | 06/04/26 | 4 | 3 | 3,029 | |
0.19 | Single-Family Home | $1,400,000 | 05/07/26 | 4 | 3 | 4,363 | |
0.37 | Single-Family Home | $1,300,000 | 09/29/25 | 6 | 3 | 5,691 | |
0.40 | Single-Family Home | $1,158,000 | 04/23/26 | 5 | 3 | 3,684 | |
0.41 | Single-Family Home | $675,000 | 09/15/25 | 5 | 3 | 3,322 | |
0.35 | Single-Family Home | $831,000 | 02/27/26 | 5 | 3 | 2,850 | |
0.44 | Single-Family Home | $650,000 | 06/11/26 | 5 | 3.5 | 2,819 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $1,400,000 | 5 | 4.5 | 6,108 | Recently Sold | |
0.09 | $650,800 | 3 | 3 | 2,730 | Off Market | |
0.05 | $1,990,700 | 4 | 3.5 | 5,305 | Off Market | |
0.08 | $1,163,900 | 5 | 3 | 3,663 | Off Market | |
0.13 | $913,200 | 4 | 3 | 3,523 | Off Market | |
0.15 | $194,200 | 2 | 2 | 936 | Off Market | |
0.15 | $190,700 | 2 | 1.5 | 1,131 | Off Market | |
0.15 | $197,500 | 2 | 2 | 1,200 | Off Market | |
0.13 | $920,000 | 4 | 3 | 3,438 | Recently Sold | |
0.17 | $1,475,000 | 4 | 3.5 | 4,552 | Recently Sold | |
0.11 | $1,291,000 | 5 | 3.5 | 4,348 | Off Market | |
0.15 | $1,890,000 | 5 | 4.5 | 5,205 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1963
Lot Size
0.47 acres
Living Area
3,996 sqft
Price/Sqft
$291
Parking
Garage
About this House
This single-family home is located at 5705 Schaefer Rd, Edina, MN. 5705 Schaefer Rd is in the Parkwood Knolls neighborhood in Edina, MN and in ZIP code 55436. This property has 6 bedrooms, 4 bathrooms and approximately 3,996 sqft of floor space. This property has a lot size of 0.47 acres and was built in 1963.
5705 Schaefer Rd, Edina, MN 55436 is a 6 bedroom, 4 bathroom, 3,996 sqft single-family home in Parkwood Knolls, built in 1963. It last sold for $683,000 on Jun 30, 2017. It is currently off market. The Trulia Estimate is $1,164,800, with a rent estimate of $5,395/month.
Home Details for 5705 Schaefer Rd
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Interior Details BasementNumber of Rooms: 12Types of Rooms: Dining Room, Family Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Exterior Home Features Roof: AsphaltDeckExterior: WoodPatio |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Year Built Year Built: 1963Year Updated: 1980 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 0.47 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 30, 2017 Source: NorthstarMLS as distributed by MLS GRID #4782704 | Sold | $683,000 |
May 30, 2017 Source: Agent Provided | Pending | $699,900 |
May 8, 2017 Source: Agent Provided | PriceChange | $699,900 Price decreased by 3% |
Dec 20, 2016 Source: Agent Provided | PriceChange | $725,000 Price decreased by 3% |
Sep 6, 2016 Source: Agent Provided | PriceChange | $745,000 Price decreased by 3% |
Jul 15, 2016 Source: Agent Provided | Listed For Sale | $765,000 |
Aug 17, 2011 Source: Lake Superior Area Realtors as distributed by MLS GRID #1593907 | Sold | $665,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $12,251 | $922,700 |
Home facts updated by county records
Market trends in Edina
Last updated July 2026
Avg. sale price
$789K
$66.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$260
$5MoM
Available listings
241
9MoM
Around this home
What Locals Say about Parkwood Knolls
At least 12 Trulia users voted on each feature.
100 % Say it's dog friendly
94 % Say car is needed
89 % Say parking is easy
83 % Say they plan to stay for at least 5 years
81 % Say it's quiet
81 % Say there's holiday spirit
79 % Say people would walk alone at night
71 % Say yards are well-kept
69 % Say streets are well-lit
61 % Say kids play outside
59 % Say there are community events
58 % Say neighbors are friendly
56 % Say there's wildlife
50 % Say there are sidewalks
22 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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Homes for sale near 5705 Schaefer Rd
Off Market Homes Near 5705 Schaefer Rd
Frequently asked questions about 5705 Schaefer Rd
- What is 5705 Schaefer Rd estimated to be worth?Trulia's estimated value for 5705 Schaefer Rd in Edina, MN is $1,164,800.
- What is the price history for 5705 Schaefer Rd?5705 Schaefer Rd in Edina, MN last sold for $683,000 in June 2017.
- Is Edina a buyer's or seller's market?Edina is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Edina?The median sale price in Edina is $789K. That is up $66.5K from the prior month.
- Does 5705 Schaefer Rd have air conditioning?Yes, 5705 Schaefer Rd in Edina, MN has air conditioning.
- Does 5705 Schaefer Rd have laundry facilities?Yes, 5705 Schaefer Rd in Edina, MN has in-unit laundry.

