5040 Newton Ave S Minneapolis, MN 55419
Lynnhurst Neighborhood
3
Beds
1
Bath
1,695
Sq Ft
6,970
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- No HOA
- Sitting Room
- Burroughs Elementary School Rated A-
- Home Office
- Stainless Steel Appliances
About This Home
As of July 20255040 Newton Ave S | A Meticulously Restored 1919 Craftsman Bungalow. Time capsule. Jewelry box. However you describe a perfectly preserved moment in history, this stunning 1919 Craftsman bungalow fits the bill. Thoughtfully deconstructed and painstakingly restored, every inch of this home was returned to its original intent-celebrating form, function, and craftsmanship. No detail was overlooked: every surface touched, every fixture replaced or restored with era-appropriate hardware, and every finish applied with intention and respect for its heritage. Artisan-built features include pristine maple flooring, period-authentic built-ins, handcrafted cabinetry, and original windows fully restored-complete with new rope, hardware, and shellac-finished wood. The kitchen and bathroom were completely reimagined with guidance from Dovetail Renovation and top local craftspeople, including custom cabinets by Frost Cabinets and tile by Hohn & Hohn. All original yellow birch woodwork throughout the home has been restored utilizing a meticulous multi-layer finishing process including custom aniline dyes, shellac, and satin varnish. From the warm interior paint palette to the handcrafted front door and the hand selected roller curtains, every choice honors the home's early 20th-century soul. Recent upgrades include a Wolf range and Liebherr refrigerator (2023), furnace and AC (2022), and a finished upper level (2017). The backyard oasis features a stamped concrete patio (2024) and a stone retaining wall (2017) by Hage Concrete. A lower-level bathroom awaits, with rough-in started, and new-in-box period-appropriate elements included. Nestled just two blocks in between Lake Harriet and Minnehaha Creek, and walkable to beloved local shops, parks, and restaurants, this home sits in one of Minneapolis' most cherished neighborhoods. This is more than a home-it's a work of art.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,740
Year Built
- Built in 1919
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 54x129
- Property is Fully Fenced
- Wood Fence
Parking
- 1 Car Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 1,695 Sq Ft Home
- 1.5-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Sitting Room
- Living Room
- Home Office
- Basement
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- 150 Amp Service
Community Details
- No Home Owners Association
- Thornton Park 2Nd Div Subdivision
Listing and Financial Details
- Assessor Parcel Number 1602824320038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2025
Closed on
Jul 30, 2025
Sold by
Proell Chad
Bought by
Johnson Johnna L
Seller's Agent
Nicoli Holm
Keller Williams Realty Integrity
Buyer's Agent
Kathy Borys
eXp Realty
List Price
$550,000
Sold Price
$632,000
Premium/Discount to List
$82,000
14.91%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-49.73%
Purchase Details
Listed on
Jul 10, 2023
Closed on
Aug 31, 2023
Sold by
Grant James and Grant Laura A
Bought by
Proell Chad
Seller's Agent
Sean Schellsmidt
eXp Realty
Buyer's Agent
Barry Berg
Coldwell Banker Realty
List Price
$525,000
Sold Price
$575,000
Premium/Discount to List
$50,000
9.52%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$175,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2011
Sold by
Allenford Richard C
Bought by
Grant James and Grant Laura A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $631,764 | Watermark Title | |
| Warranty Deed | $575,000 | First American Title Insurance | |
| Warranty Deed | $370,000 | Home Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $368,000 | New Conventional | |
| Previous Owner | $333,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $632,000 | +14.9% | $373 / Sq Ft |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | For Sale | $550,000 | -4.3% | $324 / Sq Ft |
| 08/31/2023 08/31/23 | Sold | $575,000 | +9.5% | $339 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | For Sale | $525,000 | -- | $310 / 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 | $8,174 | $604,000 | $352,000 | $252,000 |
| 2022 | $7,591 | $596,000 | $306,000 | $290,000 |
| 2021 | $6,428 | $539,000 | $265,000 | $274,000 |
| 2020 | $6,889 | $480,000 | $252,700 | $227,300 |
| 2019 | $7,095 | $475,000 | $227,000 | $248,000 |
| 2018 | $6,694 | $475,000 | $227,000 | $248,000 |
| 2017 | $6,307 | $410,000 | $206,400 | $203,600 |
| 2016 | $6,508 | $410,000 | $206,400 | $203,600 |
| 2015 | $7,204 | $432,500 | $206,400 | $226,100 |
| 2014 | -- | $376,000 | $190,100 | $185,900 |
Source: Public Records
Agents Affiliated with this Home
-
Nicoli Holm
Seller's Agent in 2025
Nicoli Holm
Keller Williams Realty Integrity
(612) 286-6813
2 in this area
297 Total Sales
-
Brian Offerdahl
Seller Co-Listing Agent in 2025
Brian Offerdahl
Keller Williams Realty Integrity
(612) 207-3467
1 in this area
172 Total Sales
-
Kathy Borys
Buyer's Agent in 2025
Kathy Borys
eXp Realty
(651) 341-8840
3 in this area
241 Total Sales
-
Sean Schellsmidt
Seller's Agent in 2023
Sean Schellsmidt
eXp Realty
(651) 336-7612
1 in this area
149 Total Sales
-
Barry Berg
Buyer's Agent in 2023
Barry Berg
Coldwell Banker Burnet
(612) 670-3600
13 in this area
196 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6736973
APN: 16-028-24-32-0038
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