NOT LISTED FOR SALE

Estimated Value: $685,000 - $834,000

4 Beds
2 Baths
3,685 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $350,000 $95 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,947/month

About This Home

As of June 2014

This home is located at 5001 Russell Ave S, Minneapolis, MN 55410 since 13 June 2014 and is currently estimated at $769,694, approximately $208 per square foot. This property was built in 1927. 5001 Russell Ave S is a home located in Hennepin County with nearby schools including Lake Harriet Upper School, Lake Harriet Lower Elementary School, and Anthony Middle School.

Last Agent to Sell the Property

Gary Metchnek

Edina Realty, Inc. Listed on: 06/13/2014

Last Buyer's Agent

Cari Ann Carter

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,992

Year Built

  • Built in 1927

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x127

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stucco Exterior

Interior Spaces

  • 3,685 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,992

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 143
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 06/30/2014
  • Taxes With Assessments: 7135
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3110
  • Total Fin Square Footage: 3685
  • Below Grade Finished Sq Ft: 575

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Number Garage Spaces: 2

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 60x127

Building Info

  • Year Built: 1927

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 6992

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2017
Sold by
Real Solution Llc
Bought by
Victoria Jenna M and Victoria Alejandro
Current Estimated Value
$769,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$105,398
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$645,639

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jun 30, 2014
Sold by
Root Mary Jane Mary Jane
Seller's Agent
Gary Metchnek
Edina Realty, Inc.
Buyer's Agent
Cari Ann Carter
Edina Realty, Inc.
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$330,000
Interest Rate
4.14%
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
Victoria Jenna M $560,000 Edina Reakty Title Inc
-- $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victoria Jenna M $430,000
Previous Owner -- $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $350,000 0.0% $95 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $350,000 -- $95 / 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 $9,052 $659,000 $298,000 $361,000
2022 $8,279 $599,000 $251,000 $348,000
2021 $9,478 $579,500 $178,000 $401,500
2020 $10,249 $579,500 $240,700 $338,800
2019 $9,742 $579,500 $212,200 $367,300
2018 $8,786 $536,500 $212,200 $324,300
2017 $8,544 $456,000 $192,900 $263,100
2016 $8,390 $434,500 $192,900 $241,600
2015 $7,237 $434,500 $192,900 $241,600
2014 -- $393,000 $181,400 $211,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4634216

REALTOR® Association of Southern Minnesota

APN: 17-028-24-41-0055