$165,000
SOLD MAR 31, 2014

5315 Hiawatha Ln Minneapolis, MN 55417

Minnehaha Neighborhood
4 Beds
3 Baths
2,612 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

31% Below List Price

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Community Deck or Porch

About This Home

As of September 2023

Large 2-story duplex close to river and Minnehaha falls. Maintenance free stucco. Both units have 2 bedrooms. Lower unit has an efficiency unit in the basement with additional bathroom and kitchen.

Last Agent to Sell the Property

Benjamin Crotty

Rice Realty LLC Listed on: 03/31/2014

Last Buyer's Agent

Laurie Allen

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1981

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x130
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,612 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for cable TV, electric, fuel, maint/repair, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,919

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 03/31/2014
  • Street Designation: Lane
  • Taxes With Assessments: 3919
  • Estimated Number of Acres: 0.18
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2175
  • Total Fin Square Footage: 2612
  • Below Grade Finished Sq Ft: 437

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Shared

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 65x130

Rental Info

  • Owner Expense: Cable TV, Electric, Fuel, Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1981

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 3400

Tax Info

  • Year: 2013
  • Tax Value: 3919

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 15, 2023
Sold by
Honeybee Investments Llc
Bought by
Alvarez Benjamin J Huerta and Cunin Rosa Narcisa
Seller's Agent
Laurie Allen
Coldwell Banker Realty
Buyer's Agent
Mauricio Molina Bermeo
eXp Realty
List Price
$474,900
Sold Price
$474,900
Total Days on Market
0
Views
29
Current Estimated Value
$474,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$572
Avg. Annual Appreciation
-0.07%
Original Mortgage
$380,000
Outstanding Balance
$273,484
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$200,844

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 11, 2023
Sold by
Vandenbroeke Ronald F
Bought by
Honeybee Investments Llc
Seller's Agent
Laurie Allen
Coldwell Banker Realty
Buyer's Agent
Mauricio Molina Bermeo
eXp Realty
List Price
$474,900
Sold Price
$474,900
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$273,484
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$200,844

Purchase Details

Closed on
Jun 20, 2018
Sold by
Vandenbroeke Gloria S and Vandenbroeke Ronald F
Bought by
Vandenbroeke Ronald F

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 31, 2014
Sold by
Zirbes Audrey J
Bought by
Vandenbroeke Gloria S and Vandenbroeke Ronald F
Seller's Agent
Benjamin Crotty
Rice Realty LLC
Buyer's Agent
Laurie Allen
Coldwell Banker Burnet
List Price
$240,000
Sold Price
$165,000
Premium/Discount to List
-$75,000
-31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$123,750
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2012
Sold by
Zirbes Audrey J
Bought by
Clift Ashley J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale $522,390 --
Warranty Deed $474,900 Executive Title Services
Interfamily Deed Transfer -- None Available
Warranty Deed $165,000 Burnet Title
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $123,750 New Conventional
Previous Owner $160,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $474,900 0.0% $185 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $474,900 +187.8% $185 / Sq Ft
03/31/2014 03/31/14 Sold $165,000 -31.3% $63 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $240,000 -- $92 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,323 $409,000 $93,000 $316,000
2022 $5,078 $361,000 $83,000 $278,000
2021 $4,423 $370,000 $61,000 $309,000
2020 $3,915 $336,500 $76,400 $260,100
2019 $3,906 $280,500 $50,900 $229,600
2018 $3,489 $272,500 $50,900 $221,600
2017 $2,830 $200,500 $46,300 $154,200
2016 $3,870 $200,400 $46,300 $154,100
2015 $3,988 $197,000 $39,500 $157,500
2014 -- $179,000 $39,500 $139,500
Source: Public Records

Agents Affiliated with this Home

  • Laurie Allen

    Seller's Agent in 2023

    Laurie Allen

    Coldwell Banker Burnet

    (612) 280-8889

    1 in this area

    194 Total Sales

    Laurie Allen
    Section Image

  • M

    Buyer's Agent in 2023

    Mauricio Molina Bermeo

    eXp Realty

    (612) 272-2615

    1 in this area

    36 Total Sales

    Mauricio Molina Bermeo
    Section Image

  • B

    Seller's Agent in 2014

    Benjamin Crotty

    Rice Realty LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4596157

REALTOR® Association of Southern Minnesota

APN: 17-028-23-33-0030

Minnesota Hennepin County Minneapolis 55417 Minnehaha

5315 Hiawatha Ln, Minneapolis, MN

This home is located at 5315 Hiawatha Ln, Minneapolis, MN 55417 and is currently priced at $165,000, approximately $63 per square foot. This property was built in 1981. 5315 Hiawatha Ln is a home located in Hennepin County with nearby schools including Lake Nokomis Keewaydin Elementary School, Lake Nokomis Wenonah Elementary School, and Sanford Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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