NOT LISTED FOR SALE

5316 48th Ave S Minneapolis, MN 55417

Minnehaha Neighborhood

Estimated Value: $305,007 - $334,000

2 Beds
2 Baths
1,396 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $185,050 $133 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,006/month

41 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of July 2014

Spacious 1920's remodeled home. It's character shines, with original woodwork and maple floors throughout. Beautiful porches on front and back. New roof and updated kitchen. Easy access to light rail, bus stop.

Last Agent to Sell the Property

Andrew Britten

Bridge Realty, LLC Listed on: 06/19/2014

Last Buyer's Agent

Jon McLaughlin

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Woodwork
  • Wood Flooring

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1702823330062

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,155

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.12
  • Construction: Previously Owned
  • Foundation Size: 672
  • Parcel Number: 1702823330062
  • Projected Closed Date: 07/31/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2154.74
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x15, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 13x21, On Level: Basement
  • Room 9: Loft, 12x28, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 931
  • Below Grade Finished Sq Ft: 465
  • Total Fin Square Footage: 1396

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2014
  • Tax Value: 2155

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2018
Sold by
Medina Candice L and Medina Jaime G
Bought by
Schmitz Phoenix Xavier and Schmitz Tonia
Current Estimated Value
$316,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,100
Outstanding Balance
$192,483
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$124,096

Purchase Details

Listed on
Jun 19, 2014
Closed on
Jul 31, 2014
Bought by
Medina Jaime Jaime
Seller's Agent
Andrew Britten
Bridge Realty, LLC
Buyer's Agent
Jon McLaughlin
RE/MAX Results
List Price
$184,900
Sold Price
$185,050
Premium/Discount to List
$150
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$175,798
Interest Rate
4.12%

Purchase Details

Listed on
Jan 7, 2014
Closed on
May 12, 2014
Sold by
White Ben and White Dana N
Bought by
Ben White Properties Inc
Seller's Agent
Michael Kohler
RE/MAX Results
Buyer's Agent
Andrew Britten
Bridge Realty, LLC
List Price
$75,000
Sold Price
$106,000
Premium/Discount to List
$31,000
41.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1158.70%
Original Mortgage
$115,000
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Schmitz Phoenix Xavier $229,000 Burnet Title
Medina Jaime Jaime $185,100 --
Ben White Properties Inc -- West Title Llc
White Ben $106,000 West Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Phoenix Xavier $222,100
Previous Owner Medina Jaime Jaime $175,798
Previous Owner Ben White Properties Inc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $185,050 +0.1% $133 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $184,900 +74.4% $132 / Sq Ft
05/12/2014 05/12/14 Sold $106,000 +41.3% $91 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $75,000 -- $64 / 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 $3,832 $283,000 $128,000 $155,000
2022 $3,535 $283,000 $94,000 $189,000
2021 $2,891 $267,000 $71,000 $196,000
2020 $2,961 $230,500 $43,800 $186,700
2019 $2,884 $219,500 $29,200 $190,300
2018 $2,483 $209,000 $29,200 $179,800
2017 $2,373 $173,000 $26,500 $146,500
2016 $2,450 $173,000 $26,500 $146,500
2015 $2,141 $149,000 $26,500 $122,500
2014 -- $142,000 $30,200 $111,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Kohler

    RE/MAX

  • A

    Seller's Agent in 2014

    Andrew Britten

    Bridge Realty, LLC

  • J

    Buyer's Agent in 2014

    Jon McLaughlin

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4636890

REALTOR® Association of Southern Minnesota

APN: 17-028-23-33-0062

Minnesota Hennepin County Minneapolis 55417 Minnehaha

5316 48th Ave S, Minneapolis, MN

This home is located at 5316 48th Ave S, Minneapolis, MN 55417 since 19 June 2014 and is currently estimated at $316,502, approximately $226 per square foot. This property was built in 1920. 5316 48th Ave S 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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