NOT LISTED FOR SALE

3128 5th Ave S Minneapolis, MN 55408

Central Neighborhood

Estimated Value: $421,000 - $466,000

12 Beds
2 Baths
2,912 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $410,000 $141 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,797/month

Highlights

  • Porch
  • Baseboard Heating
  • Wood Fence
  • Washburn High School Rated A-

About This Home

As of November 2022

Rare 12 bedroom Duplex 6up/6down with matching floor plans. Open Kitchen/Living room over looking front yard with large bay windows. Wonderful home owner occupied home or maximize your rental potential. Nice size back yard, spacious front yard with handicapped accessible ramp accessed from the back. 2 car garage with 1 additional parking possible. Property has been beautifully fenced in with great curb appeal. 2 new water heaters, paint and carpet. Neighbors take pride in this well maintained block conveniently located!

Last Agent to Sell the Property

Q Moet

Coldwell Banker Realty Brokerage Phone: 651-222-1007 Listed on: 09/29/2022

Coldwell Banker Realty

Last Buyer's Agent

Kent Hranicka

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 45 x 129
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 2 Bathrooms

Additional Features

  • Porch
  • Baseboard Heating

Community Details

  • 2 Units
  • Third Ave Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 0302824110173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,232

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Porch
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2912
  • Water Sewer Expenses: 3600
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Attribution Contact: 651-222-1007
  • Attribution Contact: 651-222-1007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Living Area: 2912
  • Fireplace: No
  • Owner Pays: Insurance, Taxes, Water
  • Basement YN: No
  • Amenities: Porch
  • Appliances: Range
  • Total Rooms: 8
  • Amenities: Porch
  • Appliances: Range
  • Total Rooms: 8
  • Shared Rooms: Other

Beds/Baths

  • Total Bedrooms: 12

Exterior Features

  • Roof: Asphalt
  • Fencing: Wood
  • Neighborhood: Central

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 240
  • Other Parking Spaces: 1

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 45 X 129
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0302824110173
  • Tax Annual Amount: 5232
  • TaxWithAssessments: 5232.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 4, 2022
Sold by
D & J Solutions Llc
Bought by
Houston Kelis
Seller's Agent
Q Moet
Coldwell Banker Realty
Buyer's Agent
Kent Hranicka
RE/MAX Results
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$439,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,400
Avg. Annual Appreciation
2.52%
Original Mortgage
$399,112
Outstanding Balance
$389,468
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$49,932

Purchase Details

Closed on
Jun 11, 2010
Sold by
Us Federal Credit Union
Bought by
Jones Glaser Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,675
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Mark Lee Construction
Bought by
Spencer John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 20, 2003
Sold by
Henny Sherri
Bought by
Dpk Properties Llc

Purchase Details

Closed on
Dec 28, 1998
Sold by
Southside Neighborhood Housing Svcs Inc
Bought by
Simmons Sherri U

Purchase Details

Closed on
Mar 24, 1998
Sold by
Pryce Maxine M
Bought by
Southside Neighborhood Housing Svcs Inc
Source: Public Records

Range of Values:

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Average Value
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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
Houston Kelis $410,000 Burnet Title
Jones Glaser Danielle $144,900 --
Spencer John A $605,000 --
Dpk Properties Llc $25,000 --
Simmons Sherri U $83,000 --
Southside Neighborhood Housing Svcs Inc $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Kelis $18,389
Open Houston Kelis $399,112
Previous Owner Jones Glaser Daniele $108,675
Previous Owner Spencer John A $484,000
Closed Houston Kelis $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $410,000 +2.5% $141 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $399,900 -- $137 / Sq Ft
Source: NorthstarMLS

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
2023 $4,882 $377,000 $50,000 $327,000
2022 $5,232 $314,000 $50,000 $264,000
2021 $4,778 $308,000 $35,000 $273,000
2020 $4,638 $292,500 $37,700 $254,800
2019 $4,356 $248,000 $25,100 $222,900
2018 $3,865 $225,500 $25,100 $200,400
2017 $3,512 $172,500 $22,800 $149,700
2016 $3,750 $179,000 $22,800 $156,200
2015 $3,227 $159,000 $22,800 $136,200
2014 -- $151,500 $22,800 $128,700
Source: Public Records

Agents Affiliated with this Home

  • Q Moet

    Seller's Agent in 2022

    Q Moet

    Coldwell Banker Burnet

    (651) 373-0173

    1 in this area

    44 Total Sales

    Q Moet
    Section Image
  • Kent Hranicka

    Buyer's Agent in 2022

    Kent Hranicka

    RE/MAX Results

    (651) 307-6924

    2 in this area

    119 Total Sales

    Kent Hranicka
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6266636

NorthstarMLS

APN: 03-028-24-11-0173

Minnesota Hennepin County Minneapolis 55408 Central

3128 5th Ave S, Minneapolis, MN

This home is located at 3128 5th Ave S, Minneapolis, MN 55408 since 29 September 2022 and is currently estimated at $439,400, approximately $150 per square foot. This property was built in 2003. 3128 5th Ave S is a home located in Hennepin County with nearby schools including Lyndale Elementary School, Justice Page Middle School, and Washburn High School.

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