5024 Cedar Ave S Minneapolis, MN 55417
Hale NeighborhoodEstimated Value: $487,000 - $539,000
3
Beds
2
Baths
1,885
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Lake View
- Deck
- No HOA
- Hale Elementary School Rated A-
- Family Room with Fireplace
- Den
About This Home
As of July 2022Location, Location, Location! Amazing views of Lake Nokomis! Walk 1 block to parkway, restaurants and shops. Enjoy lake views from both your living room, kitchen and owners upper level suite. Eat-in kitchen features granite counter tops, stainless steel appliances and lots of cabinet space! Hardwood floors throughout main level with completely remodeled full bathroom 2021. Owners suite boasts a large walk-in closet, 3/4 bath with double vanity, sitting room and balcony over garage. Large entertaining/family room in lower level with wood-burning fireplace. Large cement pad in alley for additional parking. PLUS, so many updates; New split mini 2019, New roof 2021, Exterior chimney redone 2020, Main floor bathroom plumbing 2021.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,763
Year Built
- Built in 1951
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x123
- Partially Fenced Property
- Few Trees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Sitting Room
- Den
- Utility Room Floor Drain
- Lake Views
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Lathams Nokomis View Subdivision
Listing and Financial Details
- Assessor Parcel Number 1402824410059
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2022
Closed on
Jul 27, 2022
Sold by
Martin Eric and Weir Monica
Bought by
Bayne Robert
Seller's Agent
Kathleen Fears
Edina Realty, Inc.
Buyer's Agent
David Hoefs
RE/MAX Results
List Price
$470,000
Sold Price
$478,750
Premium/Discount to List
$8,750
1.86%
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
$28,791
Avg. Annual Appreciation
2.03%
Original Mortgage
$430,750
Outstanding Balance
$415,319
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$92,222
Purchase Details
Listed on
Jun 9, 2022
Closed on
Jul 25, 2022
Sold by
Luna Martin Eric and Luna Monica
Bought by
Bayne Robert
Seller's Agent
Kathleen Fears
Edina Realty, Inc.
Buyer's Agent
David Hoefs
RE/MAX Results
List Price
$470,000
Sold Price
$478,750
Premium/Discount to List
$8,750
1.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,750
Outstanding Balance
$415,319
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$92,222
Purchase Details
Closed on
May 3, 2019
Sold by
Abdi Layla and Nur Mohamed
Bought by
Martin Eric Luna and Weir Monica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,350
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2010
Sold by
Federal National Mortgage Association
Bought by
Abdi Layla
Purchase Details
Closed on
May 28, 1999
Sold by
Amiralaii Siamak
Bought by
Trujillo Javier and Trujillo Rebecca
Similar Homes in Minneapolis, MN
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 |
|---|---|---|---|
| Bayne Robert | $478,750 | -- | |
| Bayne Robert | $478,750 | None Listed On Document | |
| Martin Eric Luna | $333,000 | Results Title | |
| Abdi Layla | $186,000 | -- | |
| Trujillo Javier | $131,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bayne Robert | $430,750 | |
| Closed | Bayne Robert | $429,750 | |
| Previous Owner | Martin Eric Luna | $300,000 | |
| Previous Owner | Weir Monica | $325,000 | |
| Previous Owner | Martin Eric Luna | $316,350 | |
| Previous Owner | Velasco Javier Trujillo | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2022 07/27/22 | Sold | $478,750 | +1.9% | $254 / Sq Ft |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- |
| 06/06/2022 06/06/22 | For Sale | $470,000 | -- | $249 / 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 | $5,706 | $438,000 | $213,000 | $225,000 |
| 2022 | $4,763 | $409,000 | $184,000 | $225,000 |
| 2021 | $4,662 | $349,000 | $124,000 | $225,000 |
| 2020 | $5,049 | $353,000 | $84,500 | $268,500 |
| 2019 | $4,687 | $353,000 | $64,400 | $288,600 |
| 2018 | $4,153 | $321,000 | $64,400 | $256,600 |
| 2017 | $3,876 | $263,500 | $58,500 | $205,000 |
| 2016 | $3,615 | $241,000 | $58,500 | $182,500 |
| 2015 | $3,621 | $231,500 | $58,500 | $173,000 |
| 2014 | -- | $218,500 | $58,500 | $160,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Fears
Seller's Agent in 2022
Kathleen Fears
Edina Realty, Inc.
(612) 702-6063
1 in this area
41 Total Sales
-
James Leicht
J
Seller Co-Listing Agent in 2022
James Leicht
Edina Realty, Inc.
(612) 239-2740
1 in this area
45 Total Sales
-
David Hoefs
Buyer's Agent in 2022
David Hoefs
RE/MAX Results
(612) 223-3440
1 in this area
90 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6193632
APN: 14-028-24-41-0059
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