NOT LISTED FOR SALE

3536 5th Ave S Minneapolis, MN 55408

Central Neighborhood

Estimated Value: $283,000 - $323,000

4 Beds
2 Baths
1,818 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $153,000 $84 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,041/month

11 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Washburn High School Rated A-
  • Woodwork
  • Community Deck or Porch

About This Home

As of August 2012

Lovingly restored by the owner, this amazing duplex is perfect for an owner occupant or upscale rental. With tons of updates and refinished original charm, this gorgeous duplex is ready to go! Come see - You wont be disappointed! OPEN HOUSE SAT 7/6 1-3PM

Last Agent to Sell the Property

Michael Smith

Anderson Realty Listed on: 07/03/2012

Last Buyer's Agent

Christopher Dennis

Lakes Area Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1911

Lot Details

  • 5,663

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,818 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Additional Features

  • Lot Dimensions are 42.00 x 130.00
  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for maint/repair, trash, water/sewer
  • Assessor Parcel Number 0302824410115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,732

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Construction: Previously Owned
  • Parcel Number: 0302824410115
  • Projected Closed Date: 08/10/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2732.06
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1768
  • Total Fin Square Footage: 1818
  • Below Grade Finished Sq Ft: 50

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 42.00 X 130.00

Rental Info

  • Owner Expense: Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1911

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 2732

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Aug 10, 2012
Sold by
Berhausen Chatjerine L
Bought by
Lyche Adam C and Hines Tyler S
Seller's Agent
Michael Smith
Anderson Realty
Buyer's Agent
Christopher Dennis
Lakes Area Realty
List Price
$155,000
Sold Price
$153,000
Premium/Discount to List
-$2,000
-1.29%
Total Days on Market
11
Current Estimated Value
$309,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,208
Avg. Annual Appreciation
5.64%
Original Mortgage
$107,100
Outstanding Balance
$75,056
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$234,152

Purchase Details

Closed on
Jun 25, 2010
Sold by
Smith Aaron W
Bought by
Berhausen Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,905
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2009
Sold by
Contreras Joseph L G
Bought by
Smith Aaron

Purchase Details

Closed on
Mar 20, 2000
Sold by
T H Parker Inc
Bought by
Contreras Jose L Galvin and Herrera Gabriela Castro

Purchase Details

Closed on
Dec 31, 1996
Sold by
Grant Battle Willa Lee
Bought by
Genesis Consulting Group Inc
Source: Public Records

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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
Lyche Adam C $153,000 Titlesmart Inc
Berhausen Catherine L $66,625 --
Smith Aaron $40,000 --
Contreras Jose L Galvin $125,000 --
Genesis Consulting Group Inc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyche Adam C $107,100
Previous Owner Berhausen Catherine L $57,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $153,000 -1.3% $84 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $155,000 -- $85 / 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 $4,799 $300,000 $63,000 $237,000
2022 $4,706 $296,000 $56,000 $240,000
2021 $4,338 $277,000 $39,000 $238,000
2020 $4,544 $265,500 $29,300 $236,200
2019 $4,268 $243,500 $19,500 $224,000
2018 $3,785 $221,500 $19,500 $202,000
2017 $3,712 $184,000 $17,700 $166,300
2016 $3,907 $188,000 $17,700 $170,300
2015 $3,175 $156,500 $17,700 $138,800
2014 -- $139,500 $17,700 $121,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Smith

    Anderson Realty

  • C

    Buyer's Agent in 2012

    Christopher Dennis

    Lakes Area Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4341068

REALTOR® Association of Southern Minnesota

APN: 03-028-24-41-0115

Minnesota Hennepin County Minneapolis 55408 Central

3536 5th Ave S, Minneapolis, MN

This home is located at 3536 5th Ave S, Minneapolis, MN 55408 since 03 July 2012 and is currently estimated at $309,208, approximately $170 per square foot. This property was built in 1911. 3536 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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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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