Seller's Agent in 2024
Michael Kaslow
Coldwell Banker Burnet
(612) 444-8049
11 in this area
524 Total Sales
5038 Fremont Ave S Minneapolis, MN 55419
Lynnhurst Neighborhood
4
Beds
2
Baths
2,978
Sq Ft
6,970
Sq Ft Lot
Highlights
- No HOA
- Game Room
- Home Gym
- Burroughs Elementary School Rated A-
- Screened Porch
- 4-minute walk to Lynnhurst Park
About This Home
As of June 2024** Best and final offers due by Monday, May 20th st 10 am ** Nestled within the Lynnhurst neighborhood, this charming two-story colonial residence epitomizes period character & cozy ambiance. Its expansive main level encompasses a welcoming living space complete with gas fireplace, a cozy sitting area, an elegant formal dining room, & an updated kitchen. Throughout the home, original features harmonize with refreshed hardwood flooring, tasteful paint choices, & thoughtful updates. Upstairs, discover a collection of sunlit bedrooms, while the lower level presents a versatile family room, a private gym space or mudroom. Step out onto the screened-in porch & bask in the tranquility of the lush backyard. Take leisurely strolls to Minnehaha Creek, Lynnhurst Park, or venture a bit further to the serene Lake Harriet. With renowned local eateries like Broders' Pasta Bar and George and the Dragon just a stone's throw away, and all the attractions of SW Mpls within reach, a true treasure!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,224
Year Built
- Built in 1915
Lot Details
- 6,970 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- Shake Siding
Interior Spaces
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Sitting Room
- Dining Room
- Game Room
- Screened Porch
- Home Gym
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Hot Water Heating System
- Boiler Heating System
Community Details
- No Home Owners Association
- Minnehaha Blvd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1602824420056
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2024
Closed on
Jun 11, 2024
Sold by
Larsen David and Larsen Karen
Bought by
Schowengerdt Allison and Schowengerdt Adam
Seller's Agent
Michael Kaslow
Coldwell Banker Realty
Buyer's Agent
Nicholas Walsh
Keller Williams Realty Integrity
List Price
$695,000
Sold Price
$750,000
Premium/Discount to List
$55,000
7.91%
Total Days on Market
3
Views
18
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
$9,511
Avg. Annual Appreciation
1.31%
Original Mortgage
$525,000
Outstanding Balance
$520,725
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$238,786
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | New Conventional | |
| Previous Owner | $272,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $332,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $750,000 | +7.9% | $252 / Sq Ft |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | For Sale | $695,000 | -- | $233 / 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 | $9,674 | $698,000 | $360,000 | $338,000 |
| 2022 | $9,120 | $665,000 | $301,000 | $364,000 |
| 2021 | $9,809 | $629,000 | $279,000 | $350,000 |
| 2020 | $10,595 | $648,500 | $281,000 | $367,500 |
| 2019 | $11,198 | $648,500 | $275,000 | $373,500 |
| 2018 | $10,034 | $648,500 | $275,000 | $373,500 |
| 2017 | $10,287 | $579,000 | $250,000 | $329,000 |
| 2016 | $9,381 | $559,000 | $250,000 | $309,000 |
| 2015 | $9,534 | $544,500 | $250,000 | $294,500 |
| 2014 | -- | $494,000 | $230,200 | $263,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kaslow
-
Nicholas Walsh
Buyer's Agent in 2024
Nicholas Walsh
Keller Williams Realty Integrity
(612) 703-7750
2 in this area
64 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6470154
APN: 16-028-24-42-0056
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