NOT LISTED FOR SALE

5128 Bloomington Ave Minneapolis, MN 55417

Hale Neighborhood

Estimated Value: $453,000 - $520,292

6 Beds
2 Baths
2,140 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $175,000 $82 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $3,200/month

201 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Wood Siding
  • Hale Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2012

Great for owner occ, or investor. 3br per side, well well maintained SxS duplex. MAC updates in 1998. Just 2 blocks to Minnehaha Creek. Have your tenant pay for almost the entire mortgage!!

Last Agent to Sell the Property

Steven Hong

RE/MAX Results Listed on: 07/21/2011

Last Buyer's Agent

Peter Hitchcock

Pro Flat Fee Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,706

Year Built

  • 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 123.00
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • 2,140 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,706

Year Built

1947

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 203.44
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 02/28/2012
  • Taxes With Assessments: 3345.86
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1580
  • Total Fin Square Footage: 2140
  • Below Grade Finished Sq Ft: 560

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 40.00 X 123.00

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 7464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Holmer Phillip James and Holmer Lauren Peters
Bought by
Drace Parker
Current Estimated Value
$492,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,500
Outstanding Balance
$399,766
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$116,795

Purchase Details

Listed on
Jul 21, 2011
Closed on
Feb 28, 2012
Sold by
Doucot Arthur G and Doucot Diana C
Bought by
Holmer Phillip James and Holmer Lauren Peters
Seller's Agent
Steven Hong
RE/MAX Results
Buyer's Agent
Peter Hitchcock
Pro Flat Fee Realty
List Price
$239,900
Sold Price
$175,000
Premium/Discount to List
-$64,900
-27.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$170,500
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1997
Sold by
Moe Carol A
Bought by
Doulot Arthur G and Doulot Diana C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Drace Parker $452,500 North Title Inc
Holmer Phillip James $175,000 Home Title
Doulot Arthur G $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drace Parker $429,500
Previous Owner Holmer Phillip J $60,000
Previous Owner Holmer Phillip James $170,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $175,000 -27.1% $82 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
07/21/2011 07/21/11 For Sale $239,900 -- $112 / 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
2023 $5,706 $438,000 $186,000 $252,000
2022 $6,750 $418,000 $150,000 $268,000
2021 $6,742 $393,000 $112,000 $281,000
2020 $6,694 $407,500 $105,300 $302,200
2019 $6,374 $374,000 $70,200 $303,800
2018 $5,807 $346,500 $70,200 $276,300
2017 $4,008 $271,500 $63,800 $207,700
2016 $3,529 $236,000 $63,800 $172,200
2015 $3,145 $205,000 $63,800 $141,200
2014 -- $186,500 $63,800 $122,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steven Hong

    RE/MAX

  • P

    Buyer's Agent in 2012

    Peter Hitchcock

    Pro Flat Fee Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3588258

REALTOR® Association of Southern Minnesota

APN: 14-028-24-42-0205

Minnesota Hennepin County Minneapolis 55417 Hale

5128 Bloomington Ave, Minneapolis, MN

This home is located at 5128 Bloomington Ave, Minneapolis, MN 55417 since 21 July 2011 and is currently estimated at $487,323, approximately $227 per square foot. This property was built in 1947. 5128 Bloomington Ave 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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