NOT LISTED FOR SALE

5116 16th Ave S Minneapolis, MN 55417

Hale Neighborhood

Estimated Value: $437,000 - $453,000

3 Beds
1 Bath
1,231 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $228,000 $185 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,829/month

29 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 1 Car Detached Garage
  • Hale Elementary School Rated A-
  • Formal Dining Room
  • Woodwork

About This Home

As of September 2013

Immaculate and welcoming, this beautifully finished home is just steps to creek & lake in Hale neighborhood. Stunning hw flrs thru-out, fpl in LR, all newer windows, etc (MAC). Granite in kit. Perfect starter!

Last Agent to Sell the Property

Linda Leicht

Edina Realty, Inc. Listed on: 07/18/2013

Last Buyer's Agent

Kyle Olson

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x123

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,231 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1402824410048

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,588

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.11
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 912
  • Parcel Number: 1402824410048
  • Projected Closed Date: 09/12/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 3588
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 4: Kitchen, 11x10, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 29x11, On Level: Upper
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1231
  • Total Fin Square Footage: 1231

Exterior Features

  • Frontage Road: City
  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 41x123
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1948

Tax Info

  • Year: 2012
  • Tax Value: 3588

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Oberg Elizabeth
Bought by
Pai Shantal and Buel Griffin
Total Days on Market
29
Current Estimated Value
$445,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,038
Outstanding Balance
$278,396
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,262

Purchase Details

Listed on
Jul 18, 2013
Closed on
Sep 12, 2013
Sold by
Day Barbara and Sorenson Leland J
Bought by
Lemmage Michael Dale and Lemmage Cara Janenen
Seller's Agent
Linda Leicht
Edina Realty, Inc.
Buyer's Agent
Kyle Olson
Keller Williams Classic Rlty NW
List Price
$235,000
Sold Price
$228,000
Premium/Discount to List
-$7,000
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$216,600
Interest Rate
4.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Pai Shantal $364,751 Burnet Title
Lemmage Michael Dale $228,000 Edina Realty Title Inc
Buell Griffin Griffin $364,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pai Shantal $310,038
Previous Owner Lemmage Michael Dale $216,600
Closed Buell Griffin Griffin $310,038
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $228,000 -3.0% $185 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $235,000 -- $191 / 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 $5,596 $388,000 $198,000 $190,000
2023 $5,445 $418,000 $203,000 $215,000
2022 $4,434 $376,000 $164,000 $212,000
2021 $4,106 $327,000 $107,000 $220,000
2020 $4,448 $314,500 $90,100 $224,400
2019 $4,583 $314,500 $75,100 $239,400
2018 $4,065 $314,500 $75,100 $239,400
2017 $3,726 $254,500 $68,300 $186,200
2016 $3,683 $245,000 $68,300 $176,700
2015 $3,863 $245,000 $68,300 $176,700
2014 -- $223,000 $68,300 $154,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Linda Leicht

    Edina Realty, Inc.

  • K

    Buyer's Agent in 2013

    Kyle Olson

    Keller Williams Classic Rlty NW

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4509466

REALTOR® Association of Southern Minnesota

APN: 14-028-24-41-0048

Minnesota Hennepin County Minneapolis 55417 Hale

5116 16th Ave S, Minneapolis, MN

This home is located at 5116 16th Ave S, Minneapolis, MN 55417 since 18 July 2013 and is currently estimated at $445,658, approximately $362 per square foot. This property was built in 1948. 5116 16th Ave S is a home located in Hennepin County with nearby schools including Hale 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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