Seller's Agent in 2023
Duane Bakken
Lakes Sotheby's International Realty
(612) 867-2187
1 in this area
22 Total Sales
5000 Logan Ave S Minneapolis, MN 55419
Lynnhurst NeighborhoodEstimated Value: $476,000 - $546,000
4
Beds
2
Baths
2,000
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Corner Lot
- Forced Air Heating System
- 4-minute walk to Lynnhurst Park
- Burroughs Elementary School Rated A-
About This Home
As of April 2023This building has only been used by owner - first for employee housing for short time, then many years used for counseling offices, archives, and storage. No rental history available. Bathrooms modified for owner's needs but can be reversed and remodeled. There is an excellent floor plan, no wasted space. Large rooms with hardwood floors and woodwork. All just ready for your decorating tastes and updates. Large kitchens too! Full rear interior stairs to upper floor and basement. Unique half flight stairs to 2nd floor apartment on 50th street side - easy in and out! This building is clean, substantial and first time offered in over three decades. Some remodeling appliance and mechanical upgrades needed, but generally very good condition. Property is carefully priced accordingly affording the new owner room for updating. "As-is" addendum to included with your offer. All inspections encouraged.
Last Agent to Sell the Property
Lakes Sotheby's International Realty Listed on: 03/30/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,711
Year Built
- Built in 1958
Lot Details
- Lot Dimensions are 40x128
- Corner Lot
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Duplex
- Pitched Roof
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Storage
Utilities
- Forced Air Heating System
- 200+ Amp Service
- Cable TV Available
Community Details
- 2 Units
- Thornton Park 2Nd Div Subdivision
Listing and Financial Details
- The owner pays for all utilities, cable TV, electricity, insurance, janitorial service, grounds care, repairs, taxes, trash collection, water
- Assessor Parcel Number 1602824320084
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2023
Closed on
May 10, 2023
Sold by
Evangelical Mount Olivet Lutheran Church
Bought by
Panda Russ Llp
Seller's Agent
Duane Bakken
Lakes Sotheby's International Realty
Buyer's Agent
Duane Bakken
Lakes Sotheby's International Realty
List Price
$409,000
Sold Price
$450,000
Premium/Discount to List
$41,000
10.02%
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
$72,697
Avg. Annual Appreciation
5.60%
Original Mortgage
$150,000
Outstanding Balance
$85,337
Interest Rate
5.76%
Estimated Equity
$437,360
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Panda Russ Llp | $450,000 | Watermark Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Panda Russ Llp | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $450,000 | +10.0% | $225 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $409,000 | -- | $205 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2024 | $8,598 | $473,000 | $233,000 | $240,000 |
| 2023 | $7,184 | $450,000 | $244,000 | $206,000 |
| 2022 | $7,711 | $478,000 | $212,000 | $266,000 |
| 2021 | $7,417 | $454,000 | $163,000 | $291,000 |
| 2020 | $7,499 | $453,500 | $157,700 | $295,800 |
| 2019 | $7,699 | $424,000 | $157,700 | $266,300 |
| 2018 | $6,970 | $424,000 | $157,700 | $266,300 |
| 2017 | $6,475 | $344,000 | $143,400 | $200,600 |
| 2016 | $6,354 | $327,500 | $143,400 | $184,100 |
| 2015 | $6,234 | $306,500 | $143,400 | $163,100 |
| 2014 | -- | $275,500 | $135,900 | $139,600 |
Source: Public Records
Agents Affiliated with this Home
-
Duane Bakken
Map
Source: NorthstarMLS
MLS Number: 6315662
APN: 16-028-24-32-0084
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 4855 E Lake Harriet Pkwy
- 5000 Fremont Ave S
- 5120 Russell Ave S
- 4901 Fremont Ave S
- 5002 Sheridan Ave S
- 4740 Fremont Ave S
- 4649 E Lake Harriet Pkwy
- 4637 E Lake Harriet Pkwy
- 4638 Fremont Ave S
- 5324 Russell Ave S
- 4912 Bryant Ave S
- 91 Forest Dale
- 5421 Girard Ave S
- 5319 Upton Ave S
- 5217 Washburn Ave S
- 4621 Bryant Ave S
- 5000 York Ave S
- 4727 York Ave S
- 4402 W Lake Harriet Pkwy Unit A
- 5019 Garfield Ave
- 5008 Logan Ave S
- 4956 Logan Ave S
- 5012 Logan Ave S
- 5001 Morgan Ave S
- 4952 Logan Ave S
- 5005 Morgan Ave S
- 5009 Morgan Ave S
- 5013 Morgan Ave S
- 4955 Morgan Ave S
- 5020 Logan Ave S
- 5017 Morgan Ave S
- 4957 Logan Ave S
- 5015 Morgan Ave S
- 4944 Logan Ave S
- 4949 Morgan Ave S
- 4953 Logan Ave S
- 5024 Logan Ave S
- 5021 Morgan Ave S
- 4949 Logan Ave S
- 4940 Logan Ave S