5200 Nicollet Ave Minneapolis, MN 55419
Tangletown Neighborhood
6
Beds
4
Baths
3,044
Sq Ft
4,792
Sq Ft Lot
Highlights
- Multiple Garages
- Patio
- Forced Air Heating System
- Burroughs Elementary School Rated A-
- Parking Storage or Cabinetry
- 3-minute walk to Elmwood Triangle
About This Home
As of May 2025Exceptional hard to find Triplex just steps from the Minnehaha Parkway in the highly sought after Tangletown Neighborhood. You or your tenants will love the convenience of being walking distance to some of the most beautiful, picturesque sites along the Minnehaha Creek along with easy access to highways, shopping, restaurants and more! This home features nice large spaces with primarily hardwood floors, 2 garage stalls, a storage shed and has been well taken care of by the same owner for almost 20 years. There have been numerous big ticket updates including new MAC windows/attic insulation in 2009, new roof (2022), 2 new furnaces (2013 and 2019) and many more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,106
Year Built
- Built in 1941
Parking
- 2 Car Garage
- Multiple Garages
- Parking Storage or Cabinetry
- Tuck Under Garage
Home Design
- Triplex
Interior Spaces
- 2-Story Property
- Partially Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Patio
- Lot Dimensions are 70x70
- Forced Air Heating System
Community Details
- 3 Units
- Johansons Washburn Park Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel
- The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 1502824340081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2025
Closed on
May 30, 2025
Sold by
Chime Ventures Llc
Bought by
D Butler Properties Llc
Seller's Agent
Nate Morris
DMR Realty INC
Buyer's Agent
John Murray
Edina Realty, Inc.
List Price
$689,900
Sold Price
$660,000
Premium/Discount to List
-$29,900
-4.33%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.14%
Original Mortgage
$350,000
Outstanding Balance
$350,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$326,092
Purchase Details
Listed on
Aug 11, 2022
Closed on
Dec 19, 2022
Sold by
Chime Chukwunonso U and Chime Vivien
Bought by
Chime Ventures Llc
Seller's Agent
Todd Ginsberg
RE/MAX Results
Buyer's Agent
Shannon VonWald-Ramirez
Weichert, Realtors-Advantage
List Price
$599,900
Sold Price
$530,000
Premium/Discount to List
-$69,900
-11.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$397,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 11, 2022
Closed on
Nov 14, 2022
Sold by
Heitzman Anthony D and Heitzman Christi
Bought by
Chime Chukwunonso U
Seller's Agent
Todd Ginsberg
RE/MAX Results
Buyer's Agent
Shannon VonWald-Ramirez
Weichert, Realtors-Advantage
List Price
$599,900
Sold Price
$530,000
Premium/Discount to List
-$69,900
-11.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2003
Sold by
Mehran Mehtash and Mehran Sarya
Bought by
Heitzman Anthony D
Purchase Details
Closed on
Jun 26, 2001
Sold by
Estate Of Mary W Culhane
Bought by
Mehran Mehrtash
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $660,000 | Partners Title | |
| Quit Claim Deed | $500 | -- | |
| Warranty Deed | $530,000 | -- | |
| Warranty Deed | $439,500 | -- | |
| Warranty Deed | $347,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Previous Owner | $397,500 | New Conventional | |
| Previous Owner | $287,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $660,000 | -4.3% | $217 / Sq Ft |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | For Sale | $689,900 | +30.2% | $227 / Sq Ft |
| 11/14/2022 11/14/22 | Sold | $530,000 | -3.6% | $174 / Sq Ft |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 09/13/2022 09/13/22 | Price Changed | $550,000 | -4.3% | $181 / Sq Ft |
| 08/29/2022 08/29/22 | Price Changed | $575,000 | -4.2% | $189 / Sq Ft |
| 08/11/2022 08/11/22 | For Sale | $599,900 | -- | $197 / 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 | $9,099 | $570,000 | $199,000 | $371,000 |
| 2022 | $9,449 | $575,000 | $199,000 | $376,000 |
| 2021 | $9,106 | $544,000 | $166,000 | $378,000 |
| 2020 | $9,330 | $543,500 | $115,500 | $428,000 |
| 2019 | $8,718 | $522,500 | $100,000 | $422,500 |
| 2018 | $7,945 | $475,000 | $100,000 | $375,000 |
| 2017 | $7,527 | $396,500 | $90,900 | $305,600 |
| 2016 | $7,420 | $379,000 | $90,900 | $288,100 |
| 2015 | $7,076 | $344,500 | $90,900 | $253,600 |
| 2014 | -- | $299,500 | $90,900 | $208,600 |
Source: Public Records
Agents Affiliated with this Home
-
Nate Morris
N
Seller's Agent in 2025
Nate Morris
DMR Realty INC
(612) 868-6283
1 in this area
2 Total Sales
-
Dave Roppe
D
Seller Co-Listing Agent in 2025
Dave Roppe
DMR Realty INC
(763) 227-4309
1 in this area
33 Total Sales
-
John Murray
Buyer's Agent in 2025
John Murray
Edina Realty, Inc.
(612) 710-0710
1 in this area
100 Total Sales
-
Todd Ginsberg
Seller's Agent in 2022
Todd Ginsberg
RE/MAX Results
1 in this area
67 Total Sales
-
Robert Day
Seller Co-Listing Agent in 2022
Robert Day
RE/MAX Results
(612) 961-8882
1 in this area
47 Total Sales
-
Shannon VonWald-Ramirez
S
Buyer's Agent in 2022
Shannon VonWald-Ramirez
Weichert, Realtors-Advantage
(239) 269-5576
1 in this area
52 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6247760
APN: 15-028-24-34-0081
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