NOT LISTED FOR SALE

3548 3548 5th-Avenue-s Minneapolis, MN 55408

Central Neighborhood

Estimated Value: $215,000 - $240,000

2 Beds
1 Bath
1,018 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $58,000 $57 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $1,414/month

18 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Woodwork
  • Washburn High School Rated A-
  • 2 Car Detached Garage
  • 5-minute walk to Ernestine Belton Memorial Playground

About This Home

As of November 2012

Property needs rehab. Home is on vacant building list, needs restoration agreement with city. Has nice woodwork, built-in, hardwoods. Bring offer.

Last Agent to Sell the Property

Robert Egan

Joe Sorenson Realty Listed on: 08/24/2012

Last Buyer's Agent

Mary Turnbull

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,172

Year Built

  • 1921

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42.00 x 13
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,018 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0302824410118

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,172

Year Built

1921

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork
  • Estimated Number of Acres: 0.12
  • Assessment Balance: 60
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 578
  • Parcel Number: 0302824410118
  • Projected Closed Date: 11/30/2012
  • Stories: 2 Story
  • Taxes With Assessments: 1732
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Dining Room: Formal Dining Room
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 18x11, On Level: Main
  • Room 2: Dining Room, 12x10, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 17x11, On Level: Upper
  • Room 6: Bedroom, 10x10, On Level: Upper
  • Room 9: Sunroom/Solarium, 11x8, On Level: Main
  • Room 10: Porch, 8x4, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1018
  • Total Fin Square Footage: 1018

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 42.00 X 13
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Roche Karen L and Sudduth Stuart W
Bought by
Vesely Jaxon L and Hicks Lynn
Total Days on Market
18
Current Estimated Value
$232,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Outstanding Balance
$147,694
Interest Rate
3.6%
Estimated Equity
$83,018

Purchase Details

Closed on
Jun 20, 2013
Sold by
Roche Karen L and Sudduth Stuart W
Bought by
Roche Karen L and Sudduth Stuart W

Purchase Details

Listed on
Aug 24, 2012
Closed on
Nov 13, 2012
Sold by
Advantage Assets Llc
Bought by
Roche Karen L and Sudduth Stuart W
Seller's Agent
Robert Egan
Joe Sorenson Realty
Buyer's Agent
Mary Turnbull
Edina Realty, Inc.
List Price
$55,000
Sold Price
$58,000
Premium/Discount to List
$3,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$58,372
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2012
Sold by
Reeves Diane
Bought by
6945 11Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs Of Washing

Purchase Details

Closed on
Feb 22, 2012
Sold by
Rogers Stanley C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 12, 2011
Sold by
Rogers Stanley C and Reeves Diane
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 3, 1996
Sold by
Hyde Harry J and Hyde Lorraine M
Bought by
Reeves Diane and Rogers Stanley C
Source: Public Records

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Range of Values:

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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
Vesely Jaxon L $195,000 Titlesmart Inc
Roche Karen L -- None Available
Roche Karen L $58,000 Titlenexus Llc
6945 11Th Ave Llc $1,252 None Available
Secretary Of Veterans Affairs Of Washing -- None Available
Wells Fargo Bank Na $26,439 --
Wells Fargo Bank Na $26,439 None Available
Reeves Diane $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vesely Jaxon L $165,750
Previous Owner Roche Karen L $58,372
Previous Owner Advantage Assets Llc $50,000
Previous Owner 6945 11Th Ave Llc $2,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2012 11/13/12 Sold $58,000 +5.5% $57 / Sq Ft
09/11/2012 09/11/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $55,000 -- $54 / 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 $2,172 $185,000 $64,000 $121,000
2022 $2,067 $187,000 $56,000 $131,000
2021 $1,985 $169,000 $39,000 $130,000
2020 $2,435 $168,000 $26,000 $142,000
2019 $2,508 $168,000 $17,300 $150,700
2018 $2,309 $160,000 $17,300 $142,700
2017 $2,336 $131,000 $15,700 $115,300
2016 $1,991 $117,000 $15,700 $101,300
2015 $1,670 $100,000 $15,700 $84,300
2014 -- $60,000 $17,700 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4391844

REALTOR® Association of Southern Minnesota

APN: 03-028-24-41-0118