NOT LISTED FOR SALE

317 5th Ave SE Minneapolis, MN 55414

Marcy-Holmes Neighborhood

Estimated Value: $525,000 - $638,000

10 Beds
4 Baths
3,276 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $352,500 $108 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,877/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Holmes Park

About This Home

As of October 2012

Huge duplex near U of M, 5 bed/2 bath in each unit, use is legal- zoned R5, hardwood floors, 8 off street parking spots, excellent rent potential, great Marcy Holmes location! See agent remarks for offer instructions.

Last Agent to Sell the Property

Claude Worrell

RE/MAX Results Listed on: 09/20/2012

Co-Listed By

Cindy Berset

US Brokerage, LLC

Last Buyer's Agent

Yu Jie Chen

RE/MAX Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,004

Year Built

  • Built in 1907

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 59.00 x 132.00

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 3,276 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2302924140077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,004

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Parcel Number: 2302924140077
  • Projected Closed Date: 10/19/2012
  • Taxes With Assessments: 7003.94
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2876
  • Total Fin Square Footage: 3276
  • Below Grade Finished Sq Ft: 400

Exterior Features

  • Exterior: Wood

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 59.00 X 132.00

Building Info

  • Year Built: 1907

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 7004

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Yan Lai Yun and Yan Junxia
Bought by
Farah Hussein and Namus Alia Abdi
Current Estimated Value
$582,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$480,634
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$145,475

Purchase Details

Listed on
Sep 20, 2012
Closed on
Oct 19, 2012
Sold by
Federal National Mortgage Association
Bought by
Yan Lai Yun and Li Junxia
Seller's Agent
Claude Worrell
RE/MAX Results
Buyer's Agent
Yu Jie Chen
RE/MAX Advisors
List Price
$352,500
Sold Price
$352,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 13, 2012
Sold by
Budziak Paul J
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 10, 2008
Sold by
Spille Bryan S
Bought by
Budziak Paul J and Budziak Lonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1998
Sold by
Howey Dale M
Bought by
Spille Bryan S
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
Farah Hussein $650,000 Land Title
Yan Lai Yun -- Signature Title Midwest Serv
Federal National Mortgage Association -- None Available
Citimortgage Inc $471,073 --
Citimortgage Inc $471,072 None Available
Budziak Paul J $595,000 --
Spille Bryan S $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farah Hussein $487,500
Previous Owner Budziak Paul J $446,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $352,500 0.0% $108 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $352,500 -- $108 / 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
2023 $8,414 $526,000 $179,000 $347,000
2022 $9,259 $526,000 $155,000 $371,000
2021 $8,904 $545,000 $165,000 $380,000
2020 $8,599 $545,000 $158,500 $386,500
2019 $10,691 $486,500 $109,700 $376,800
2018 $9,578 $486,500 $109,700 $376,800
2017 $9,001 $371,500 $99,700 $271,800
2016 $8,778 $344,000 $99,700 $244,300
2015 $9,063 $337,500 $99,700 $237,800
2014 -- $293,500 $99,700 $193,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Claude Worrell

    RE/MAX

  • C

    Seller Co-Listing Agent in 2012

    Cindy Berset

    US Brokerage, LLC

  • Y

    Buyer's Agent in 2012

    Yu Jie Chen

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4400906

REALTOR® Association of Southern Minnesota

APN: 23-029-24-14-0077

Minnesota Hennepin County Minneapolis 55414 Marcy-Holmes

317 5th Ave SE, Minneapolis, MN

This home is located at 317 5th Ave SE, Minneapolis, MN 55414 since 20 September 2012 and is currently estimated at $582,885, approximately $177 per square foot. This property was built in 1907. 317 5th Ave SE is a home located in Hennepin County with nearby schools including Webster Elementary, 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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