5831 Vernon Ln
Edina, MN 55436
3 bd 3 ba 3,477 sqft Built 2023 Lot 4,792 sqft townhomes
Most recent sale
$700,000
Aug 19, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 19, 2023 | Sold | $1,451,000 | NorthstarMLS |
| Nov 4, 2022 | Price changed | $1,425,000 | NorthstarMLS |
| Jun 2, 2022 | Listed | $1,399,900 | MLS #6206122 |
| Feb 6, 2022 | Relisted | $1,399,900 | MLS #6143252 |
| Jan 18, 2022 | Listed | $1,399,900 | MLS #6143252 |
| Aug 19, 2021 | Sold | $700,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,009,900 | $365,000 | $1,374,900 | $19,535 |
| 2024 | $200,000 | $300,000 | $500,000 | $5,986 |
| 2023 | — | $230,000 | $230,000 | $3,347 |
| 2022 | — | $210,000 | $210,000 | $3,253 |
| 2021 | — | $210,000 | $210,000 | $3,263 |
| 2020 | — | $210,000 | $210,000 | $3,561 |
| 2019 | — | $225,000 | $225,000 | $3,162 |
| 2018 | — | $200,000 | $200,000 | $3,239 |
| 2017 | — | $200,000 | $200,000 | $3,318 |
| 2016 | — | $200,000 | $200,000 | $3,030 |
| 2015 | — | $180,000 | $180,000 | $3,207 |
| 2014 | — | $198,600 | $198,600 | $3,374 |
| 2013 | — | $198,600 | $198,600 | $3,322 |
| 2012 | — | $198,600 | $198,600 | $3,416 |
| 2011 | — | $209,000 | $209,000 | $3,110 |
| 2010 | — | $209,000 | $209,000 | $3,019 |
| 2009 | — | $220,000 | $220,000 | $2,889 |
| 2008 | — | $220,000 | $220,000 | $2,508 |
| 2007 | — | $172,500 | $172,500 | $2,166 |
Property facts
Year built
2023
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
3,477 sqft
Lot size
4,792 sqft
ZIP code
55436
City
Edina
Street
Vernon Ln
Coordinates
44.90058, -93.37524
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,216
Gross rental yield
8.94%
Implied cap rate
5.81%
Trend-extrapolated value
—
Frequently asked questions
When did 5831 Vernon Ln last sell?
5831 Vernon Ln most recently sold on Aug 19, 2021 for $700,000.
What is the current tax assessment for 5831 Vernon Ln?
The most recent total assessment for 5831 Vernon Ln (year 2025) is $1,374,900 with $19,535 in property tax.
How does 5831 Vernon Ln's assessment compare to its last sale price?
The current assessment is 96.4% above the last sale price of $700,000.
When was 5831 Vernon Ln built?
5831 Vernon Ln was built in 2023.
How does 5831 Vernon Ln compare to others on Vernon Ln?
We track 1 other property on Vernon Ln. Browse the list under "Other properties on Vernon Ln" to compare beds, baths, and sale history.
What are the property facts for 5831 Vernon Ln?
5831 Vernon Ln is a 3 bed, 3 bath, 3,477 sqft, 4,792 sqft lot townhomes.
Is 5831 Vernon Ln a flip candidate?
Yes — 5831 Vernon Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5831 Vernon Ln a tax-appeal candidate?
No — 5831 Vernon Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.2%
Implied 1-yr
+12.6%
2026 Q3
$1.31M
2026 Q4
$1.34M
ZIP 55436 — Median Price History + Forecast
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