NOT LISTED FOR SALE

5045 Morgan Ave S Minneapolis, MN 55419

Lynnhurst Neighborhood

Estimated Value: $593,000 - $644,000

3 Beds
2 Baths
1,460 Sq Ft
$417/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $395,000 $271 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,889/month

27 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Porch
  • Burroughs Elementary School Rated A-
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of May 2014

Classic meticulous Tudor with picturesque setting just off Minnehaha Creek. 1920`s-built charm: hardwood floors, coved ceilings, brick fireplace. Modern updates: gorgeous remodeled kitchen, full master suite, newly remodeled main bath, screen porch.

Last Agent to Sell the Property

Bill Minge

Edina Realty, Inc. Listed on: 03/20/2014

Last Buyer's Agent

Kathryn Buckley

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,085

Year Built

  • 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x127

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,460 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Window Unit Cooling System
  • Boiler Heating System

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1602824320099

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,085

Year Built

1926

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Security System, Walk-In Closet
  • Amenities Exterior: Driveway - Asphalt, Porch
  • Estimated Number of Acres: 0.12
  • Construction: Previously Owned
  • Foundation Size: 920
  • Parcel Number: 1602824320099
  • Projected Closed Date: 05/23/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 5720.66
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor Full Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x12, On Level: Main
  • Room 2: Dining Room, 11x11, On Level: Main
  • Room 4: Kitchen, 11x10, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: 14x11, On Level: Upper
  • Room 9: Porch, 11x8, On Level: Main
  • Room 10: Den/Office, 14x11, On Level: Upper
  • Basement Features: Egress Windows, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1460
  • Total Fin Square Footage: 1460

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x127
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 23, 2014
Sold by
Lavrenz James A and Lavrenz Grete Krohn
Bought by
Langley Kale D and Smars Brooke A
Seller's Agent
Bill Minge
Edina Realty, Inc.
Buyer's Agent
Kathryn Buckley
Coldwell Banker Burnet
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Current Estimated Value
$608,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,871
Avg. Annual Appreciation
3.89%
Original Mortgage
$375,250
Outstanding Balance
$285,449
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$323,422

Purchase Details

Closed on
Apr 30, 2008
Sold by
Bryan James W
Bought by
Lavrenz James A and Krohn Grete

Purchase Details

Closed on
Nov 17, 2000
Sold by
Dohrmann George A
Bought by
Bryan James W and Tudor Ileana

Purchase Details

Closed on
Jun 1, 1996
Sold by
Chalem Jeremy D
Bought by
Gilchrist Daniel J
Source: Public Records

Range of Values:

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Sold Price
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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
Langley Kale D $395,000 Burnet Title
Lavrenz James A $370,000 --
Bryan James W $242,000 --
Gilchrist Daniel J $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langley Kale D $375,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $395,000 -4.8% $271 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $415,000 -- $284 / 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
2024 $8,085 $537,000 $295,000 $242,000
2023 $7,344 $552,000 $308,000 $244,000
2022 $6,679 $526,000 $268,000 $258,000
2021 $6,214 $482,000 $233,000 $249,000
2020 $6,664 $464,000 $205,100 $258,900
2019 $6,863 $459,500 $184,400 $275,100
2018 $5,929 $459,500 $184,400 $275,100
2017 $5,502 $361,500 $167,600 $193,900
2016 $5,677 $361,500 $167,600 $193,900
2015 $5,954 $361,500 $167,600 $193,900
2014 -- $327,000 $158,900 $168,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bill Minge

    Edina Realty, Inc.

  • K

    Buyer's Agent in 2014

    Kathryn Buckley

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4590181

REALTOR® Association of Southern Minnesota

APN: 16-028-24-32-0099

Minnesota Hennepin County Minneapolis 55419 Lynnhurst

5045 Morgan Ave S, Minneapolis, MN

This home is located at 5045 Morgan Ave S, Minneapolis, MN 55419 since 20 March 2014 and is currently estimated at $608,871, approximately $417 per square foot. This property was built in 1926. 5045 Morgan Ave S is a home located in Hennepin County with nearby schools including Burroughs 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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