NOT LISTED FOR SALE

5011 2nd Ave S Minneapolis, MN 55419

Field Neighborhood

Estimated Value: $737,000 - $976,000

3 Beds
3.5 Baths
3,953 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $610,000 $154 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,700/month

95 Days on Market

Highlights

  • Heated In Ground Pool
  • 0.25 Acre Lot
  • Whirlpool Bathtub
  • Hale Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2012

Unique & sophisticated. Mediterranean 2 story steps from Minnehaha Creek. Majestic master suite w/amazing dressing room; Solarium, w/o lower guest suite to heated pool. First class design elements throughout w/attention to embrace original integrity.

Last Agent to Sell the Property

Michael Kaslow

Edina Realty, Inc. Listed on: 12/01/2011

Last Buyer's Agent

Anne Gray

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,217

Year Built

  • 1923

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x134
  • Fenced Yard
  • Sprinkler System

Home Design

  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Patio

Utilities

  • Central Air

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,217

Year Built

1923

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Driveway - Concrete, Fenced Yard - Full, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.25
  • Assessment Balance: 212.09
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1396
  • Projected Closed Date: 05/01/2012
  • Stories: 2 Story
  • Taxes With Assessments: 11400.64
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1923

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 23x15, On Level: Main
  • Room 2: Dining Room, 14x13, On Level: Main
  • Room 3: Family Room, 25x16, On Level: Lower
  • Room 4: Kitchen, 13x13, On Level: Main
  • Room 5: Bedroom, 20x14, On Level: Upper
  • Room 6: Bedroom, 26x13, On Level: Upper
  • Room 7: 19x11, On Level: Lower
  • Room 9: Laundry Room, 13x9, On Level: Main
  • Room 10: Sunroom/Solarium, 20x11, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2769
  • Below Grade Finished Sq Ft: 1184
  • Total Fin Square Footage: 3953

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Stucco
  • Pool: In-Ground, Heated
  • Roof: Tile

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 80X134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2011
Closed on
May 1, 2012
Sold by
Andrews Jeffrey R and Andrews Janet E
Bought by
Karalus Brian Paul
Seller's Agent
Michael Kaslow
Edina Realty, Inc.
Buyer's Agent
Anne Gray
RE/MAX Results
List Price
$639,000
Sold Price
$610,000
Premium/Discount to List
-$29,000
-4.54%
Total Days on Market
95
Current Estimated Value
$863,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,796
Avg. Annual Appreciation
2.69%
Original Mortgage
$417,000
Outstanding Balance
$295,335
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$568,461

Purchase Details

Closed on
May 1, 2000
Sold by
Schofield John A and Schofield Gayle J
Bought by
Andrews Jeffrey R and Andrews Janet E

Purchase Details

Closed on
Aug 26, 1996
Sold by
Sayre Roger E and Urban Ronald G
Bought by
Schofield John A and Schofield Gayle J
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
Karalus Brian Paul $610,000 Title Recording Services Inc
Andrews Jeffrey R $515,000 --
Schofield John A $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karalus Brian Paul $417,000
Closed Karalus Brian Paul $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $610,000 -4.5% $154 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $639,000 -- $162 / 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 $10,217 $732,000 $202,000 $530,000
2022 $9,850 $704,000 $202,000 $502,000
2021 $10,457 $672,000 $166,000 $506,000
2020 $11,912 $730,000 $201,300 $528,700
2019 $11,590 $763,500 $152,900 $610,600
2018 $10,146 $727,000 $152,900 $574,100
2017 $9,617 $602,500 $139,000 $463,500
2016 $8,405 $524,000 $139,000 $385,000
2015 $9,371 $551,500 $139,000 $412,500
2014 -- $525,000 $134,000 $391,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Kaslow

    Edina Realty, Inc.

  • A

    Buyer's Agent in 2012

    Anne Gray

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4091600

REALTOR® Association of Southern Minnesota

APN: 15-028-24-42-0050

Minnesota Hennepin County Minneapolis 55419 Field

5011 2nd Ave S, Minneapolis, MN

This home is located at 5011 2nd Ave S, Minneapolis, MN 55419 since 01 December 2011 and is currently estimated at $863,796, approximately $218 per square foot. This property was built in 1923. 5011 2nd Ave S is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn 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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