5157 16th Ave S Minneapolis, MN 55417
Hale NeighborhoodEstimated Value: $587,000 - $673,000
3
Beds
4
Baths
2,520
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Den
- Hale Elementary School Rated A-
- No HOA
- The kitchen features windows
About This Home
As of May 2024Gorgeous 2-story renovation just 2 blocks from Lake Nokomis and Parkway. Enjoy the benefits of the city along with the convenience of a renovated home. This lovely home features a main level open concept plan with eat-in custom kitchen, formal living area with gas fireplace, den/office, powder room, dry bar, formal dining and a large family room with access to your backyard deck and 2 1/2 car garage. The upper level has 3 spacious bedrooms, including a huge Primary Ensuite with jetted tub, dressing vanity, toilet room, walk-in shower, and a large professionally organized walk-in closet. There is also a vaulted flex space at the top of the stairs with skylights which could be converted into a 4th bedroom if needed. The lower level is unfinished with laundry, storage and is plumbed for a 4th bathroom. Great opportunity in a most convenient .location. Enjoy!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,052
Year Built
- Built in 1947
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 43x123.20
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Flex
Interior Spaces
- 2,520 Sq Ft Home
- 2-Story Property
- Wet Bar
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Den
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Crawl Space
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Thorpe Bros 10Th Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1402824410172
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2024
Closed on
May 13, 2024
Sold by
Hentges Lawrence
Bought by
Baatrup Peter
Seller's Agent
Daren Jensen
Edina Realty, Inc.
Buyer's Agent
Daren Jensen
Edina Realty, Inc.
List Price
$625,000
Sold Price
$584,000
Premium/Discount to List
-$41,000
-6.56%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,774
Avg. Annual Appreciation
6.96%
Original Mortgage
$571,800
Outstanding Balance
$565,753
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$63,965
Purchase Details
Closed on
Oct 26, 2022
Sold by
Hentges Lawrence R
Bought by
Hentges Lawrence R and Furrer Troy L
Similar Homes in Minneapolis, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baatrup Peter | $584,000 | -- | |
| Hentges Lawrence R | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baatrup Peter | $571,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2024 05/16/24 | Sold | $584,000 | -6.6% | $232 / Sq Ft |
| 03/29/2024 03/29/24 | Pending | -- | -- | -- |
| 03/13/2024 03/13/24 | For Sale | $625,000 | -- | $248 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $9,052 | $659,000 | $208,000 | $451,000 |
| 2022 | $7,354 | $576,000 | $168,000 | $408,000 |
| 2021 | $7,857 | $525,000 | $110,000 | $415,000 |
| 2020 | $8,410 | $571,000 | $94,700 | $476,300 |
| 2019 | $8,658 | $565,500 | $76,100 | $489,400 |
| 2018 | $7,326 | $565,500 | $76,100 | $489,400 |
| 2017 | $6,912 | $449,000 | $69,200 | $379,800 |
| 2016 | $6,906 | $421,000 | $69,200 | $351,800 |
| 2015 | $7,236 | $421,000 | $69,200 | $351,800 |
| 2014 | -- | $398,500 | $69,200 | $329,300 |
Source: Public Records
Agents Affiliated with this Home
-
Daren Jensen
Seller's Agent in 2024
Daren Jensen
Edina Realty, Inc.
(612) 720-6284
5 in this area
125 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6502416
APN: 14-028-24-41-0172
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