5021 Morgan Ave S Minneapolis, MN 55419
Lynnhurst NeighborhoodEstimated Value: $718,830
3
Beds
2
Baths
2,404
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Bonus Room
- No HOA
- The kitchen features windows
- Burroughs Elementary School Rated A-
- Sitting Room
- Entrance Foyer
About This Home
As of April 2022Incredible location just 1 block to Minnehaha Creek and 2 blocks to Lake Harriet on a "Non-Thru" street. Charming 2 story in Lynnhurst with 3 bedrooms on one level. The main floor boasts a large entry foyer, a formal living room with a wood-burning fireplace, and sitting/reading room or office, a large formal dining room, and a kitchen with a great B'fast nook. Well-maintained home that provides a great opportunity to move in "as is" or to update or expand and gain instant equity. Sellers are flexible on a close date, but would ideally like a longer close date or would be open to a potential rent-back. New AC 2018. New hot water heater 2021. The main sewer line was repaired and a new connection to city line 2019 was done by Cichy's. Service and Repair records are available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,848
Year Built
- Built in 1924
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 128x40
- Partially Fenced Property
Parking
- 2 Car Garage
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Sitting Room
- Dining Room
- Bonus Room
Kitchen
- Range
- Freezer
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Utilities
- Central Air
- Hot Water Heating System
Community Details
- No Home Owners Association
- Thornton Park 2Nd Div Subdivision
Listing and Financial Details
- Assessor Parcel Number 1602824320105
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
Apr 29, 2022
Sold by
Appelsies Richard
Bought by
Breyen Melissa
Seller's Agent
Brian Ehlers
Edina Realty, Inc.
Buyer's Agent
Cheri Welle
Keller Williams Premier Realty Lake Minnetonka
List Price
$610,000
Sold Price
$675,000
Premium/Discount to List
$65,000
10.66%
Total Days on Market
3
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
$43,830
Avg. Annual Appreciation
-0.23%
Original Mortgage
$264,403
Outstanding Balance
$251,483
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$418,846
Purchase Details
Listed on
Mar 31, 2022
Closed on
Apr 25, 2022
Sold by
Appelsies Richard J
Bought by
Breyen Melissa Marie
Seller's Agent
Brian Ehlers
Edina Realty, Inc.
Buyer's Agent
Cheri Welle
Keller Williams Premier Realty Lake Minnetonka
List Price
$610,000
Sold Price
$675,000
Premium/Discount to List
$65,000
10.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,403
Outstanding Balance
$251,483
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$418,846
Purchase Details
Closed on
Mar 25, 2004
Sold by
Randolph Deborah A
Bought by
Appelsies Richard J and Appelsies Audrey J
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Breyen Melissa | $675,000 | -- | |
| Breyen Melissa Marie | $675,000 | None Listed On Document | |
| Appelsies Richard J | $439,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Breyen Melissa | $264,403 | |
| Closed | Breyen Melissa Marie | $275,000 | |
| Previous Owner | Appelsies Richard Jay | $227,500 | |
| Previous Owner | Appelsies Richard Jay | $96,000 | |
| Previous Owner | Appelsies Richard Jay | $249,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $675,000 | +10.7% | $281 / Sq Ft |
| 04/02/2022 04/02/22 | Pending | -- | -- | -- |
| 03/29/2022 03/29/22 | For Sale | $610,000 | -- | $254 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $8,812 | $644,000 | $309,000 | $335,000 |
| 2022 | $8,848 | $613,000 | $268,000 | $345,000 |
| 2021 | $8,535 | $613,000 | $233,000 | $380,000 |
| 2020 | $9,241 | $612,500 | $209,800 | $402,700 |
| 2019 | $8,984 | $612,500 | $185,200 | $427,300 |
| 2018 | $7,740 | $583,500 | $185,200 | $398,300 |
| 2017 | $7,420 | $470,500 | $168,400 | $302,100 |
| 2016 | $7,465 | $458,500 | $168,400 | $290,100 |
| 2015 | $7,827 | $458,500 | $168,400 | $290,100 |
| 2014 | -- | $409,000 | $158,900 | $250,100 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Ehlers
Seller's Agent in 2022
Brian Ehlers
Edina Realty, Inc.
(612) 868-3828
22 in this area
151 Total Sales
-
Cheri Welle
Buyer's Agent in 2022
Cheri Welle
Keller Williams Premier Realty Lake Minnetonka
(763) 742-3401
1 in this area
144 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6162048
APN: 16-028-24-32-0105
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