NOT LISTED FOR SALE

5300 Bloomington Ave Minneapolis, MN 55417

Hale Neighborhood

Estimated Value: $425,000 - $479,373

3 Beds
3 Baths
2,460 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $412,000 $167 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,890/month

9 Days on Market

Highlights

  • Corner Lot
  • Community Spa
  • Patio
  • Hale Elementary School Rated A-
  • Party Room
  • 1-Story Property

About This Home

As of February 2024

Welcome to this beautiful side by side duplex, a corner lot in the heart of Hale neighborhood and a short walk to Lake Nokomis! A perfect opportunity for owner occupants or investors in a market and area with stable values and solid rents! This side by side has charm and is filled with character including original hardwoods and arched doorways. Upgrades throughout with stone countertops and SS appliances. The lower level boasts a large great room/additional bedroom/office with a large egress window and 3/4 bath. Shared free laundry in the lower level and ample storage rooms for both residences. Two car garages with cement driveway and sweet patio and grilling area.

Last Agent to Sell the Property

Kristan Campbell

Edina Realty, Inc. Listed on: 01/02/2024

Edina Realty, Inc.

Last Buyer's Agent

Kerby Skurat

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 40x123
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Garage
  • Varies By Unit
  • Common or Shared Parking
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 1402824430032

Community Details

Overview

  • 2 Units
  • Hale Subdivision

Amenities

  • Party Room
  • Laundry Facilities

Recreation

  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,872

Year Built

Built in 1930

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Spa/Hot Tub, Patio, Security Lighting
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1460
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space
  • Living Area: 2460
  • Below Grade Finished Sq Ft: 1000
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom,Patio,Security Lights,Tile Floors
  • Appliances: Dishwasher,Range
  • Number Of Fireplaces: 0
  • Amenities: Main Floor Primary Bedroom,Patio,Paneled Doors,Porch,Security Lights,Tile Floors
  • Appliances: Dishwasher,Dryer,Microwave,Range,Stainless Steel Appliances
  • Shared Rooms: Amusement/Party Room
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Hale
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Detached, Concrete, Garage Door Opener, Shared Garage/Stall, Units Vary
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 40x123
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1402824430032
  • Tax Annual Amount: 4872
  • TaxWithAssessments: 4872.0000

Multi Family

  • TenantPays: Electricity
  • Number Of Refrigerators: One Per Unit,Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 5, 2024
Sold by
Younghans Thomas
Bought by
Bertsch Celia
Seller's Agent
Kristan Campbell
Edina Realty, Inc.
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$400,000
Sold Price
$412,000
Premium/Discount to List
$12,000
3%
Views
15
Current Estimated Value
$453,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,343
Avg. Annual Appreciation
4.59%
Original Mortgage
$391,400
Outstanding Balance
$384,483
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$68,860

Purchase Details

Closed on
Sep 8, 2023
Sold by
Younghans Thomas A
Bought by
Wings Financial Credit Union

Purchase Details

Closed on
Jul 20, 2018
Sold by
Cotton Jac A
Bought by
Younghans Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2017
Sold by
Cotton Jac Alan and Cotton Jac A
Bought by
Loancare Llc

Purchase Details

Closed on
Aug 19, 1996
Sold by
Cotton Janine M
Bought by
Spong Jennifer K
Source: Public Records
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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
Bertsch Celia $412,000 --
Wings Financial Credit Union $64,808 --
Younghans Thomas A $295,000 Land Title Inc
Loancare Llc -- None Available
Spong Jennifer K $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bertsch Celia $391,400
Previous Owner Younghans Thomas A $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $412,000 0.0% $167 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/04/2024 01/04/24 Off Market $412,000 -- --
01/02/2024 01/02/24 For Sale $400,000 -- $163 / Sq Ft
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 $6,061 $417,000 $184,000 $233,000
2023 $6,125 $416,000 $189,000 $227,000
2022 $4,494 $374,000 $156,000 $218,000
2021 $4,337 $331,000 $133,000 $198,000
2020 $4,267 $330,500 $100,800 $229,700
2019 $4,035 $303,000 $67,200 $235,800
2018 $4,631 $280,500 $67,200 $213,300
2017 $4,319 $230,500 $61,100 $169,400
2016 $4,281 $213,000 $61,100 $151,900
2015 $3,916 $185,000 $61,100 $123,900
2014 -- $175,500 $61,100 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6464449

NorthstarMLS

APN: 14-028-24-43-0032

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