NOT LISTED FOR SALE

5308 Bloomington Ave Minneapolis, MN 55417

Hale Neighborhood

Estimated Value: $410,033 - $450,000

2 Beds
2 Baths
1,471 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $405,000 $275 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,808/month

Highlights

  • 1-Story Property
  • Hale Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of September 2022

Wonderful hard to find side by side 1 bedroom/1 bathroom per unit duplex. This home is only two blocks from beautiful Lake Nokomis and filled with character and charm! White enameled cabinetry and hardwood floors. Nestled in an area of exclusive homes. Full basement for storage and misc use. 2 garage stalls. You'll find this one easy to rent and in high demand! This one you'll enjoy!

Last Agent to Sell the Property

Ryan Platzke

Coldwell Banker Realty Brokerage Phone: 952-942-7777 Listed on: 08/08/2022

Coldwell Banker Realty

Co-Listed By

Barry Libengood

Coldwell Banker Realty Brokerage Phone: 952-942-7777

Last Buyer's Agent

Rachel Miller

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 1930

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,471 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Thorpe Bros 09Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402824430037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,469

Year Built

Built in 1930

Lot Details

0

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
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1471
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-942-7777
  • Attribution Contact: 952-942-7777
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1471
  • Fireplace: No
  • Basement YN: Yes
  • Appliances: Dryer,Range
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • Neighborhood: Hale

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 500

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 8700.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1402824430037
  • Tax Annual Amount: 5469
  • TaxWithAssessments: 5469.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
Prest-Berg Graham
Bought by
Lyons Property Management Llc
Current Estimated Value
$435,258

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 30, 2022
Sold by
Bloomington Ave Llc A Minnesota Limit
Bought by
Prest-Berg Graham
Seller's Agent
Ryan Platzke
Coldwell Banker Realty
Buyer's Agent
Rachel Miller
eXp Realty
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$384,750
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 26, 2022
Sold by
Bloomington Ave Llc
Bought by
Prest-Berq Graham
Seller's Agent
Ryan Platzke
Coldwell Banker Realty
Buyer's Agent
Rachel Miller
eXp Realty
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2017
Sold by
Louis Sandra E and Louis Kevin
Bought by
Bloomington Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.9%
Mortgage Type
Commercial
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
Lyons Property Management Llc $500 None Listed On Document
Prest-Berg Graham $405,000 --
Prest-Berq Graham $405,000 Burnet Title
Bloomington Ave Llc $290,000 Global Closing & Title Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prest-Berg Graham $384,750
Previous Owner Prest-Berq Graham $384,750
Previous Owner Bloomington Ave Llc $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $405,000 +1.5% $275 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $399,000 -- $271 / Sq Ft
Source: NorthstarMLS

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 $5,238 $403,000 $189,000 $214,000
2022 $5,469 $364,000 $156,000 $208,000
2021 $5,266 $322,000 $133,000 $189,000
2020 $5,227 $322,000 $100,100 $221,900
2019 $4,967 $295,500 $66,700 $228,800
2018 $4,521 $273,500 $66,700 $206,800
2017 $4,217 $225,000 $60,600 $164,400
2016 $4,065 $208,500 $60,600 $147,900
2015 $3,713 $181,500 $60,600 $120,900
2014 -- $172,000 $60,600 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Ryan Platzke

    Seller's Agent in 2022

    Ryan Platzke

    Coldwell Banker Burnet

    (651) 335-3912

    3 in this area

    867 Total Sales

    Ryan Platzke
    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Barry Libengood

    Coldwell Banker Burnet

    (952) 949-4785

    1 in this area

    52 Total Sales

    Barry Libengood
    Section Image
  • Rachel Miller

    Buyer's Agent in 2022

    Rachel Miller

    eXp Realty

    (763) 486-7307

    1 in this area

    66 Total Sales

    Rachel Miller
    Section Image
  • Kelly Brown

    Buyer Co-Listing Agent in 2022

    Kelly Brown

    eXp Realty

    (763) 416-1279

    4 in this area

    1,022 Total Sales

    Kelly Brown
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6242380

NorthstarMLS

APN: 14-028-24-43-0037

Minnesota Hennepin County Minneapolis 55417 Hale

5308 Bloomington Ave, Minneapolis, MN

This home is located at 5308 Bloomington Ave, Minneapolis, MN 55417 since 08 August 2022 and is currently estimated at $435,258, approximately $295 per square foot. This property was built in 1930. 5308 Bloomington Ave is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn High School.

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