$575,000
SOLD OCT 28, 2024
3 Beds
2 Baths
2,260 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$254 Per Sq Ft

5% Above List Price

1 Day on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Porch
  • Hale Elementary School Rated A-
  • The kitchen features windows
  • Wet Bar

About This Home

As of October 2024

This home is located at 5116 14th Ave S, Minneapolis, MN 55417 and is currently priced at $575,000, approximately $254 per square foot. This property was built in 1926. 5116 14th Ave S is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn High School.

Last Agent to Sell the Property

Christian Klempp

Compass Listed on: 09/11/2024

Compass

Last Buyer's Agent

Sarah Graff

Fazendin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,722

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Secure Parking

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 100 Amp Service
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Thorpe Bros 10Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402824420142

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,722

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 1465
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Storage Space, Tile Shower
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler
  • Fireplace Features: Family Room, Gas
  • Living Area: 2260
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 795
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Porch, Bar/Wet Bar Room, Laundry, Garage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Full, Privacy, Wood
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Hale
  • PatioPorchType: Front Porch,Patio

Garage/Parking

  • Parking Features: Detached, Concrete, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Storage
  • Garage Square Feet: 528

Utilities

  • Heating: Ductless Mini-Split, Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Porch,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Wet Bar

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x128
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light, Underground Utilities
  • 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: 1402824420142
  • Tax Annual Amount: 6722
  • TaxWithAssessments: 6722.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 28, 2024
Sold by
Chitwood Lori and Edling Eric
Bought by
Johnson Meredith
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
Sarah Graff
Fazendin REALTORS
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
46
Current Estimated Value
$581,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,404
Avg. Annual Appreciation
1.34%
Original Mortgage
$575,000
Outstanding Balance
$569,939
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$11,465

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 24, 2024
Sold by
Chitwood Lori L and Edling Eric E
Bought by
Johnson Meredith
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
Sarah Graff
Fazendin REALTORS
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$569,939
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$11,465

Purchase Details

Closed on
Sep 14, 2012
Sold by
Chitwood Lori L and Edling Eric E
Bought by
Chitwood Lori L and Edling Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1999
Sold by
Smith James E and Smith Sue P
Bought by
Chitwood Lori L
Source: Public Records

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Range of Values:

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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
Deed $575,000 --
Warranty Deed $575,000 Watermark Title
Interfamily Deed Transfer -- Triad Title & Abstract Llc
Warranty Deed $156,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 New Conventional
Closed $200,000 New Conventional
Previous Owner $176,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $150,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $575,000 +4.5% $254 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $550,000 -- $243 / 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 $6,722 $513,000 $204,000 $309,000
2022 $5,861 $471,000 $165,000 $306,000
2021 $5,118 $423,000 $126,000 $297,000
2020 $5,543 $384,500 $95,400 $289,100
2019 $5,709 $384,500 $73,000 $311,500
2018 $4,883 $384,500 $73,000 $311,500
2017 $4,696 $313,000 $66,400 $246,600
2016 $4,487 $292,000 $66,400 $225,600
2015 $4,706 $292,000 $66,400 $225,600
2014 -- $271,500 $66,400 $205,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6600724

NorthstarMLS

APN: 14-028-24-42-0142