$585,000
SOLD APR 10, 2025
4 Beds
2 Baths
1,698 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$345 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Front Porch
  • Lake Harriet Upper School Rated A-
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Welcome to 5045 Thomas Ave S in the vibrant Fulton neighborhood of Minneapolis. This one and a half story house offers a delightful blend of classic appeal and modern amenities, making it a fantastic place to call home.

Spanning 1,698 square feet, the home features four bedrooms and two bathrooms. The upper level has a bright and spacious bedroom with a landing attached to it that could serve as a small office space or a getting ready area. On the main level, you'll find two more bedrooms along with a recently remodeled 3/4 bath, the living room, dining room and kitchen with new stainless steel appliances. The living room is centered around a wood burning fireplace, perfect for relaxing evenings.

The finished basement has brand new carpet and a nice sized bedroom with full egress window. There is an additional 3/4 bath in the lower level. Laundry is also located in the lower level as well as a mudroom that walks out to the back yard and detached 2 car garage. Situated in a desirable location, this home offers a perfect blend of comfort and convenience. Just a short walk to all that 50th and France has to offer as well as the restaurants at 50th and Penn and 54th and Penn. Lake Harriet is close by as well.

This home is truly surrounded by some great Minneapolis lifestyle. Don't miss the opportunity to make this wonderful property your new home. Schedule your visit today!

Last Agent to Sell the Property

Drew Coleman

Compass Listed on: 03/05/2025

Compass

Co-Listed By

Erin Zosel

Compass

Last Buyer's Agent

Jennifer Hoefler

Side by Side Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,609

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 127x40

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Front Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Reeve Park 3Rd Div Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1702824410097

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,609

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 1060
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1698
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 638
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Porch, Mud Room

Beds/Baths

  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Other Structures: Additional Garage
  • Neighborhood: Fulton
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Porch

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 127x40
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1702824410097
  • Tax Annual Amount: 6609
  • TaxWithAssessments: 6609.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Apr 10, 2025
Sold by
Jayne Katherine
Bought by
Fertig Eric and Doran Meredith
Seller's Agent
Drew Coleman
Compass
Buyer's Agent
Jennifer Hoefler
Side by Side Realty LLC
List Price
$574,900
Sold Price
$585,000
Premium/Discount to List
$10,100
1.76%
Views
5
Current Estimated Value
$581,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,518
Avg. Annual Appreciation
-1.46%
Original Mortgage
$526,500
Outstanding Balance
$523,312
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$58,170

Purchase Details

Listed on
Mar 5, 2025
Closed on
Mar 21, 2025
Sold by
Jayne Eric
Bought by
Jayne Katherine
Seller's Agent
Drew Coleman
Compass
Buyer's Agent
Jennifer Hoefler
Side by Side Realty LLC
List Price
$574,900
Sold Price
$585,000
Premium/Discount to List
$10,100
1.76%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Outstanding Balance
$523,312
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$58,170

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 9, 2023
Sold by
Kerr Thomas and Kerr Brittany
Bought by
Jayne Eric and Jayne Katherine
Seller's Agent
Rochelle Spiess
TheMLSonline.com, Inc.
Buyer's Agent
Sara Anderson
Keller Williams Preferred Rlty
List Price
$474,900
Sold Price
$485,000
Premium/Discount to List
$10,100
2.13%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Jul 1, 2019
Sold by
Hannah Vanbemmel Austin P and Hannah Van Bemmel
Bought by
Kerr Thomas and Kerr Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Ballentine Craig and Ballentine Margaret
Bought by
Bemmel Austin P Van and Bemmel Hannah Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2016
Sold by
Vaudreuil Kathryn L
Bought by
Ballentine Craig and Ballentine Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Celms Kristin E
Bought by
Vaaudreuil Kathryne

Purchase Details

Closed on
Aug 15, 2000
Sold by
Danielson Jolene K
Bought by
Celms Kristin E and Teske Darin L

Purchase Details

Closed on
Nov 30, 1998
Sold by
Xcr Systems Inc
Bought by
Davidson Joleen K

Purchase Details

Closed on
Aug 6, 1998
Sold by
Nelson Harry L
Bought by
Xcr Systems Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $585,000 K2 Title
Quit Claim Deed $500 Watermark Title
Warranty Deed $485,000 Clear Title
Warranty Deed $447,000 Edgewater Title Group Llc
Warranty Deed $340,000 Burnet Title
Warranty Deed $374,000 Titlesmart Inc
Warranty Deed $267,900 --
Warranty Deed $220,000 --
Warranty Deed $172,000 --
Warranty Deed $128,000 --
Deed $128,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $526,500 New Conventional
Previous Owner $356,000 New Conventional
Previous Owner $357,600 New Conventional
Previous Owner $289,000 New Conventional
Previous Owner $299,200 New Conventional
Previous Owner $75,615 Credit Line Revolving
Previous Owner $192,000 New Conventional
Previous Owner $47,000 Credit Line Revolving
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $585,000 +1.8% $345 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $574,900 +18.5% $339 / Sq Ft
03/09/2023 03/09/23 Sold $485,000 +2.1% $286 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $474,900 -- $280 / Sq Ft
Source: NorthstarMLS

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
2023 $6,609 $506,000 $319,000 $187,000
2022 $5,972 $491,000 $269,000 $222,000
2021 $5,691 $431,000 $218,000 $213,000
2020 $6,040 $425,000 $176,200 $248,800
2019 $6,221 $416,500 $176,200 $240,300
2018 $5,740 $416,500 $176,200 $240,300
2017 $5,269 $347,500 $160,200 $187,300
2016 $5,431 $335,000 $160,200 $174,800
2015 $5,693 $335,000 $160,200 $174,800
2014 -- $299,500 $144,000 $155,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6659309

NorthstarMLS

APN: 17-028-24-41-0097