NOT LISTED FOR SALE

5216 Drew Ave S Minneapolis, MN 55410

Fulton Neighborhood

Estimated Value: $1,095,000

4 Beds
3 Baths
2,600 Sq Ft
$421/Sq Ft Est. Value

Highlights

  • Radiant Floor
  • Bonus Room
  • No HOA
  • Anthony Middle School Rated A-
  • Great Room
  • Stainless Steel Appliances

About This Home

As of September 2023

Furnished Rental ---> This home just experienced a $400K - 100% remodel of the interior. You will be the first to live in it! A short walk to 50th & France, Edina Country Club, shopping, restaurants and activities galore. You do not want to miss this beautiful 4bed/3bath rental opportunity on Drew Ave in the Fulton neighborhood of Southwest Minneapolis. Updated for today's lifestyle with large kitchen open to dining room, cozy great room with gas fireplace, 2 good size bedrooms on the main with fully remodeled main level full bath. Check out the spa like primary bathroom upstairs in the 1/2 story. Large primary bedroom with walk-in closet. Don't forget about the man cave in the lower level. Includes wet bar, 65' TV, card table, 3/4 bath. a bedroom and a bonus room. You don't find many homes for rent like this in the Fulton neighborhood.

Last Agent to Rent the Property

Timothy Murphy

RE/MAX Results Listed on: 08/15/2023

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 40x128
  • Few Trees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Radiant Floor
  • Finished Basement
  • Block Basement Construction

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • 150 Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hawthorne Park 2Nd Div Subdivision

Listing and Financial Details

  • Property Available on 8/21/23
  • Tenant pays for cable TV, gas, heat, trash collection
  • Assessor Parcel Number 1702824330063

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Furnished: Furnished
  • Lease Term: 6 Months
  • Available Date: 2023-08-21
  • Lease Price: 5500.0000
  • ApplicationFee: 65.0000
  • SecurityDeposit: 5500.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1929
  • Above Grade Finished Sq Ft: 1558
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Insert
  • Living Area: 2600
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1042
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Great Room, Informal Dining Room, Patio, Family Room, Bar/Wet Bar Room, Bonus Room
  • SqFtTotal: 2700.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architecural Shingle
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame
  • Neighborhood: Fulton
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air, Fireplace(s), Humidifier, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x128
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Assessor Parcel Number: 1702824330063

Multi Family

  • TenantPays: Cable TV, Gas, Heat, Trash Collection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Groundup Development Llc
Bought by
5216Drewave Llc
Current Estimated Value
$1,095,000

Purchase Details

Closed on
Jun 29, 2022
Sold by
Holcomb Living Trust
Bought by
Groundup Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 20, 2018
Sold by
Holcomb Richard M and Holcomb Arzelle M
Bought by
Holcomb Richard M and Holcomb Arzelle M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
5216Drewave Llc $500 Market Title
5216Drewave Llc $500 Market Title
Groundup Development Llc $365,000 Gcs Title
Holcomb Richard M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groundup Development Llc $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Rented $5,800 +5.5% --
08/15/2023 08/15/23 For Rent $5,500 -- --
Source: NorthstarMLS

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 $12,069 $664,000 $274,000 $390,000
2023 $6,175 $474,000 $264,000 $210,000
2022 $5,632 $448,000 $220,000 $228,000
2021 $5,393 $407,000 $179,000 $228,000
2020 $5,840 $403,500 $162,700 $240,800
2019 $6,015 $403,500 $162,700 $240,800
2018 $5,508 $403,500 $162,700 $240,800
2017 $5,319 $350,500 $147,900 $202,600
2016 $5,489 $350,500 $147,900 $202,600
2015 $5,182 $318,500 $147,900 $170,600
2014 -- $278,500 $134,700 $143,800
Source: Public Records

Agents Affiliated with this Home

  • Timothy Murphy

    Landlord's Agent in 2023

    Timothy Murphy

    RE/MAX Results

    (952) 223-0994

    2 in this area

    55 Total Sales

    Timothy Murphy
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Map

Source: NorthstarMLS

MLS Number: 6417945

NorthstarMLS

APN: 17-028-24-33-0063

Minnesota Hennepin County Minneapolis 55410 Fulton

5216 Drew Ave S, Minneapolis, MN

Not Listed for Sale

Detached

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NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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