Seller's Agent in 2022
Reid Lenz
Verde Real Estate Group
(712) 330-2138
1 in this area
58 Total Sales
5349 Portland Ave Minneapolis, MN 55417
Page NeighborhoodEstimated Value: $562,000 - $640,273
6
Beds
3
Baths
3,156
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Fireplace
- Hale Elementary School Rated A-
- Forced Air Heating System
About This Home
As of September 2022Move in date June 1st.
Freshly painted and renovated duplex in the desirable Diamond Lake neighborhood in South Minneapolis. Located directly across from Pearl Park within walking distance from Diamond Lake and 1.5 miles from Lake Nokomis. 10 minutes to downtown Minneapolis and 10 minutes to MSP. Conveniently located next to many cafe's, grocery stores, and restaurants.
This is a 3 level duplex with one bedroom upstairs, one bedroom on the main level and one bedroom on the lower level. The bathroom and kitchen have been newly updated as of April, 2023. Central heat and AC, washer, dryer, and dishwasher are in the unit. Large bedrooms with large closets and spacious front and backyard space. There is one off-street parking spot available in the garage and many options for on-street parking. Pets are accepted with a pet deposit and monthly pet rent. Smoking is not allowed.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,881
Year Built
- Built in 1952
Lot Details
- 0.32
Parking
- 2 Car Garage
Interior Spaces
- 1.5-Story Property
- Fireplace
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Additional Features
- Lot Dimensions are 60x231
- Forced Air Heating System
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for grounds care, snow removal, water
- Assessor Parcel Number 1402824330108
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2022
Closed on
Sep 23, 2022
Sold by
Ferrer Ismael
Bought by
Beise Nicholas and Seise Clarissa
Seller's Agent
Reid Lenz
Verde Real Estate Group
Buyer's Agent
Eric Beise
Wits Realty
List Price
$499,900
Sold Price
$517,000
Premium/Discount to List
$17,100
3.42%
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
$66,240
Avg. Annual Appreciation
4.56%
Original Mortgage
$499,745
Outstanding Balance
$481,025
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$107,124
Purchase Details
Closed on
Sep 21, 2006
Sold by
Higgins Lynette L Reber and Higgins James M
Bought by
Ferrer Ismael and Vila Damaria N Lorenzo
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beise Nicholas | $517,000 | -- | |
| Ferrer Ismael | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beise Nicholas | $499,745 | |
| Previous Owner | Ferrer Ismael | $258,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Off Market | $2,450 | -- | -- |
| 04/16/2025 04/16/25 | For Rent | $2,450 | 0.0% | -- |
| 09/29/2022 09/29/22 | Sold | $517,000 | +3.4% | $164 / Sq Ft |
| 09/04/2022 09/04/22 | Pending | -- | -- | -- |
| 08/24/2022 08/24/22 | For Sale | $499,900 | -- | $158 / 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 | $12,201 | $516,000 | $188,000 | $328,000 |
| 2022 | $7,881 | $521,000 | $181,000 | $340,000 |
| 2021 | $7,687 | $464,000 | $118,000 | $346,000 |
| 2020 | $7,490 | $470,000 | $247,800 | $222,200 |
| 2019 | $7,690 | $423,500 | $165,200 | $258,300 |
| 2018 | $7,346 | $423,500 | $165,200 | $258,300 |
| 2017 | $6,914 | $350,000 | $150,200 | $199,800 |
| 2016 | $6,330 | $309,000 | $150,200 | $158,800 |
| 2015 | $5,960 | $268,500 | $150,200 | $118,300 |
| 2014 | -- | $246,000 | $143,100 | $102,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Eric Beise
Wits Realty
(507) 696-4246
1 in this area
100 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6252641
APN: 14-028-24-33-0108
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