2540 5th Ave S Minneapolis, MN 55404
Phillips West Neighborhood
3
Beds
2
Baths
1,340
Sq Ft
5,227
Sq Ft Lot
Highlights
- City View
- No HOA
- Stainless Steel Appliances
- 1 Fireplace
- Screened Porch
- The kitchen features windows
About This Home
As of November 2024Are you looking for a home with the quintessential Minneapolis charm? Look no further! This 3-bedroom, 2-bathroom home has been lovingly restored to its former glory. As you enter the main level, you'll be greeted by an inviting living room with a cozy fireplace, a formal dining room, a gorgeous kitchen with ample storage. Venture up the stairs to find three bedrooms and a full bath, all conveniently located on one level. One of the bedrooms features an enclosed terrace, perfect for enjoying your morning coffee while overlooking the backyard.
The refinished hardwood floors, natural woodwork, solid core doors, and wood windows have been meticulously restored, giving this home a warm and inviting ambiance. Located near the University of St. Mary's, Children's Hospital, and the Art Institute, this home is an excellent candidate for a long- or short-term rental opportunity. Don't miss out on this charming Minneapolis home! Contact us today to schedule a showing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,067
Year Built
- Built in 1916
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 137x40x121x43
- Partially Fenced Property
- Wood Fence
Parking
- 2 Car Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Living Room
- Screened Porch
- City Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Crosby & Harveys Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3402924140148
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Nov 13, 2024
Sold by
Blue Line Properties Inc
Bought by
Cortez Llamas Maria
Seller's Agent
Steven Jones
Keller Williams Classic Rlty NW
Buyer's Agent
Juan Garibay-Rodriguez
Northstar Real Estate Associates
List Price
$285,000
Sold Price
$285,000
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,377
Avg. Annual Appreciation
-3.24%
Original Mortgage
$238,000
Outstanding Balance
$236,830
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$42,041
Purchase Details
Closed on
Jul 30, 2024
Sold by
Hanuman Shardawatee
Bought by
Blue Line Properties
Purchase Details
Closed on
Mar 29, 2024
Sold by
Hanuman Shardawattee
Bought by
United Wholesale Mortgage Llc
Purchase Details
Closed on
Aug 4, 2017
Sold by
Hanuman Chandranauth
Bought by
Hanuman Shardawattee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2017
Sold by
Hanuman Chandranauth
Bought by
Hanuman Shardawatteeq
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $285,000 | -- | |
| Quit Claim Deed | $500 | None Listed On Document | |
| Sheriffs Deed | $173,027 | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Quit Claim Deed | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $238,000 | New Conventional | |
| Previous Owner | $141,000 | New Conventional | |
| Previous Owner | $141,000 | New Conventional | |
| Previous Owner | $139,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $285,000 | 0.0% | $213 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $285,000 | -- | $213 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,140 | $235,000 | $31,000 | $204,000 |
| 2022 | $3,332 | $235,000 | $22,000 | $213,000 |
| 2021 | $3,137 | $235,000 | $15,000 | $220,000 |
| 2020 | $3,433 | $234,500 | $18,800 | $215,700 |
| 2019 | $3,275 | $234,500 | $18,800 | $215,700 |
| 2018 | $2,356 | $217,000 | $18,800 | $198,200 |
| 2017 | $2,420 | $173,500 | $17,100 | $156,400 |
| 2016 | $2,116 | $151,000 | $17,100 | $133,900 |
| 2015 | $2,065 | $144,500 | $17,100 | $127,400 |
| 2014 | -- | $131,500 | $15,600 | $115,900 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Jones
Seller's Agent in 2024
Steven Jones
Keller Williams Classic Rlty NW
(612) 205-4663
1 in this area
194 Total Sales
-
Daniel Swangler
Seller Co-Listing Agent in 2024
Daniel Swangler
Keller Williams Classic Rlty NW
(612) 750-4127
1 in this area
74 Total Sales
-
Juan Garibay-Rodriguez
J
Buyer's Agent in 2024
Juan Garibay-Rodriguez
Northstar Real Estate Associates
(651) 276-8070
1 in this area
58 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6612227
APN: 34-029-24-14-0148
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