NOT LISTED FOR SALE

1315 5th St NE Minneapolis, MN 55413

Sheridan Neighborhood

Estimated Value: $368,000 - $479,000

4 Beds
2 Baths
2,112 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $170,000 $80 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,966/month

41 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating System

About This Home

As of December 2012

Awesome Potential! Located in Mpls Arts District. Need cosmetic renovating-could be 2 (3) bedroom units.

Last Agent to Sell the Property

Jason Reed

RE/MAX Results Listed on: 09/26/2012

Last Buyer's Agent

Thomas Sommers

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1900

Lot Details

  • 5,663

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Partial Basement
  • Range

Additional Features

  • Lot Dimensions are 40.00 x 139.00
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1402924240082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,998

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Parcel Number: 1402924240082
  • Projected Closed Date: 12/14/2012
  • Taxes With Assessments: 2997.88
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2112
  • Total Fin Square Footage: 2112

Exterior Features

  • Exterior: Metal

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40.00 X 139.00

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2011
  • Tax Value: 2998

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Dec 14, 2012
Sold by
Matthees Pauline
Bought by
Chan Philip W
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Thomas Sommers
Edina Realty, Inc.
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Current Estimated Value
$442,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,135
Avg. Annual Appreciation
7.75%
Original Mortgage
$101,500
Outstanding Balance
$70,224
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$371,912
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chan Philip W $145,000 All American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Philip W $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $170,000 +3.0% $80 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $165,000 -- $78 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,460 $409,000 $139,000 $270,000
2023 $7,023 $439,000 $134,000 $305,000
2022 $6,405 $431,000 $114,000 $317,000
2021 $6,012 $377,000 $69,000 $308,000
2020 $6,257 $368,000 $50,900 $317,100
2019 $5,736 $354,000 $33,900 $320,100
2018 $5,216 $316,000 $33,900 $282,100
2017 $4,452 $237,500 $30,800 $206,700
2016 $3,993 $206,500 $30,800 $175,700
2015 $3,855 $190,000 $30,800 $159,200
2014 -- $136,500 $28,600 $107,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jason Reed

    RE/MAX

  • T

    Buyer's Agent in 2012

    Thomas Sommers

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4402963

REALTOR® Association of Southern Minnesota

APN: 14-029-24-24-0082

Minnesota Hennepin County Minneapolis 55413 Sheridan

1315 5th St NE, Minneapolis, MN

This home is located at 1315 5th St NE, Minneapolis, MN 55413 since 26 September 2012 and is currently estimated at $442,135, approximately $209 per square foot. This property was built in 1900. 1315 5th St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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