5323 38th Ave S Minneapolis, MN 55417
Minnehaha NeighborhoodEstimated Value: $297,000 - $344,704
3
Beds
1
Bath
1,279
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Sitting Room
- Forced Air Heating and Cooling System
- No HOA
- Eat-In Kitchen
About This Home
As of April 2024Welcome to this charming 3-bedroom, 1-bathroom home offering endless potential in a highly desirable location. This solid house features comfortable living areas and three bedrooms providing flexibility for a growing family or home office, along with a functional kitchen layout with potential for updates to suit your taste. The unfinished basement offers additional space for storage or future expansion, while the two-car garage provides convenient off-street parking and storage options. Situated on a great lot near Lake Nokomis, Minnehaha Falls, dog parks, freeway access, restaurants, and more, this home offers easy access to outdoor recreation, dining, and entertainment options. Whether you're a first-time buyer looking to customize your own space or an investor seeking a prime opportunity, don't miss out on this rare find in today's market. Schedule a showing today to explore the possibilities and make this house your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,390
Year Built
- Built in 1938
Lot Details
- 5,119 Sq Ft Lot
- Lot Dimensions are 128x40
Parking
- 2 Car Garage
Interior Spaces
- 1,279 Sq Ft Home
- 1.5-Story Property
- Sitting Room
- Living Room
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Minnehaha Falls 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1802823430107
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
Apr 15, 2024
Sold by
Stone Dianne
Bought by
Cook Aaron
Seller's Agent
Michelle Phillips
Keller Williams Select Realty
Buyer's Agent
Elizabeth McKevitt Perez
Keller Williams Realty Integrity Lakes
List Price
$2,699,000
Sold Price
$294,000
Premium/Discount to List
-$2,405,000
-89.11%
Total Days on Market
4
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,426
Avg. Annual Appreciation
8.67%
Original Mortgage
$279,300
Outstanding Balance
$276,430
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$45,996
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cook Aaron | $294,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cook Aaron | $279,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2024 04/19/24 | Sold | $294,000 | +8.9% | $230 / Sq Ft |
| 04/07/2024 04/07/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | Price Changed | $269,900 | -90.0% | $211 / Sq Ft |
| 04/03/2024 04/03/24 | For Sale | $2,699,000 | -- | $2,110 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,746 | $368,000 | $136,000 | $232,000 |
| 2022 | $4,560 | $340,000 | $102,000 | $238,000 |
| 2021 | $3,855 | $319,000 | $82,000 | $237,000 |
| 2020 | $4,164 | $279,500 | $57,200 | $222,300 |
| 2019 | $4,075 | $279,500 | $38,100 | $241,400 |
| 2018 | $3,358 | $266,000 | $38,100 | $227,900 |
| 2017 | $3,245 | $225,500 | $34,600 | $190,900 |
| 2016 | $2,904 | $199,500 | $34,600 | $164,900 |
| 2015 | $2,849 | $188,500 | $34,600 | $153,900 |
| 2014 | -- | $179,500 | $34,600 | $144,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Phillips
M
Seller's Agent in 2024
Michelle Phillips
Keller Williams Select Realty
(612) 590-3940
1 in this area
68 Total Sales
-
Elizabeth McKevitt Perez
Buyer's Agent in 2024
Elizabeth McKevitt Perez
Keller Williams Realty Integrity Lakes
(952) 500-1500
1 in this area
90 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6512921
APN: 18-028-23-43-0107
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