NOT LISTED FOR SALE

5401 45th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $305,000 - $333,041

3 Beds
2 Baths
1,574 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $122,700 $78 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,101/month

104 Days on Market

Highlights

  • 1 Car Detached Garage
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of March 2014

Great opportunity to build equity with this 3 bedroom, 2 bathroom home located near the VA hospital. Enjoy easy access to shopping, freeways and public transportation. Just a few blocks to the lightrail station and MSP airport. DO not miss out!

Last Agent to Sell the Property

Zach Skattum

RE/MAX Advantage Plus Listed on: 10/29/2013

Last Buyer's Agent

Timothy Gordon

Pederson Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,884

Year Built

  • 1950

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1902823110029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,884

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.12
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 768
  • Parcel Number: 1902823110029
  • Projected Closed Date: 03/31/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2365
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, On Level: Lower
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 998
  • Below Grade Finished Sq Ft: 576
  • Total Fin Square Footage: 1574

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 23, 2014
Sold by
Fannie Mae
Bought by
Gordon Aaron
Seller's Agent
Zach Skattum
RE/MAX Advantage Plus
Buyer's Agent
Timothy Gordon
Pederson Realty Inc
List Price
$164,500
Sold Price
$122,700
Premium/Discount to List
-$41,800
-25.41%
Total Days on Market
104
Current Estimated Value
$316,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,810
Avg. Annual Appreciation
8.85%
Original Mortgage
$98,160
Outstanding Balance
$75,890
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$240,620

Purchase Details

Closed on
Mar 26, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 19, 2012
Sold by
Reese Tyrone M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 10, 1997
Sold by
Michael E
Bought by
Reese Leana C
Source: Public Records

Similar Homes in Minneapolis, MN

  • 5413 42nd Ave S, Minneapolis, MN 55417

    $269,900

    • 3 Beds
    • 1 Bath
    • 1,147 Sq Ft
    • 5413 42nd Ave S
    • Minneapolis, MN

    Welcome to this Fantastic 3-bedroom, 1 bathroom, rambler. Step inside and you’re greeted by oak hardwood floors that flow through the living room, and two main-level bedrooms and in the formal dining room/sunroom. Freshly painted throughout, vinyl windows.The heart of the home is the freshly updated kitchen, where crisp white cabinets brighten the space and open into a spacious sunroom or

    Lonn Boles Keller Williams Classic Realty

    Section Image
  • 5428 29th Ave S, Minneapolis, MN 55417

    $385,000

    • 3 Beds
    • 2 Baths
    • 1,648 Sq Ft
    • 5428 29th Ave S
    • Minneapolis, MN

    Find the perfect blend of timeless charm and thoughtful updates in this three-bed, two-bath Cape Cod-style home in the vibrant Wenonah neighborhood, bordering Keewaydin in South Minneapolis. Built in 1948 and beautifully cared for, this residence features refinished birch cabinetry, sleek modern appliances, and updated finishes in the kitchen, complemented by original hardwood floors throughout

    Natasha Cejudo Lakes Sotheby's International Realty

    Section Image
  • 3644 40th Ave S, Minneapolis, MN 55406

    $315,000

    • 2 Beds
    • 1 Bath
    • 652 Sq Ft
    • 3644 40th Ave S
    • Minneapolis, MN

    ***Offer Deadline 3pm, 4/27***Welcome to this adorable home in one of the most desired neighborhoods in Minneapolis. Don’t be fooled by the size, every room has so much to offer.Tons of Natural light throughout the main floor, beautiful original woodwork and wood floors, a functional and stylish kitchen and a clean and large basement that offers options for expansion. And don't forget about that

    Andrea Vorachek Keller Williams Realty Integrity

    Section Image
  • 3832 21st Ave S, Minneapolis, MN 55407

    $385,000

    • 3 Beds
    • 1 Bath
    • 1,368 Sq Ft
    • 3832 21st Ave S
    • Minneapolis, MN

    Fall in love with this charming South Minneapolis gem, perfectly nestled in the desirable Standish neighborhood! This 3-bedroom, 1-bath home offers the perfect “right-size” lifestyle—efficient, beautifully maintained, and full of character. Built in 1911, it blends historic charm with thoughtful updates including a fully remodeled kitchen and bath, new roof (2024), furnace (2025), updated siding

    Joshua Johnson eXp Realty

    Section Image
  • 2315 E 36th St, Minneapolis, MN 55406

    $319,900

    • 2 Beds
    • 1 Bath
    • 1,278 Sq Ft
    • 2315 E 36th St
    • Minneapolis, MN

    Welcome to your perfect beginning! This delightful 2-bedroom, 1-bath home offers bright space, hardwood floors, many updates and space to expand in attic or LL. The kitchen and bathroom have been updated. There is an unfinished attic with lots of ceiling height, windows and 3 dormers with a full set of stairs. The spacious living room flows seamlessly into a cozy dining area and an updated

    Chad Parr Midwest Realty Group, LLC

    Section Image
  • 3642 15th Ave S, Minneapolis, MN 55407

    $342,000

    • 3 Beds
    • 2 Baths
    • 1,627 Sq Ft
    • 3642 15th Ave S
    • Minneapolis, MN

    Welcome to 3642 15th Ave S, Minneapolis, MN 55407, a charming Craftsman-style home nestled in the heart of the city.This 3-bedroom, 2-bathroom home offers 1,328 square feet of comfortable living space, perfect for first-time buyers, downsizers, or investors.The home features a spacious living room, a formal dining room, and a well-appointed kitchen with ample cabinet space and modern appliances

    Melissa Clawson eXp Realty

    Section Image
  • 643 Pierce St NE, Minneapolis, MN 55413

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,708 Sq Ft
    • 643 Pierce St NE
    • Minneapolis, MN

    Honey, stop the car! Grandma could live with us!This super funky and unique home in the heart of the Beltrami neighborhood offers character, flexibility, and an unbeatable Northeast Minneapolis location. Perfectly situated between downtown, the University of Minnesota, and all the arts, dining, and culture NE has to offer.Step into a dramatic living and dining space featuring vaulted ceilings,

    Chan Slettehaugh Edina Realty, Inc.

    Section Image
  • 1322 Madison St NE, Minneapolis, MN 55413

    $375,000

    • 2 Beds
    • 1.5 Baths
    • 1,294 Sq Ft
    • 1322 Madison St NE
    • Minneapolis, MN

    Welcome to this beautifully updated home in the heart of Northeast Minneapolis! Thoughtfully renovated, it features gorgeous maple flooring, an updated kitchen and bathroom, and modern fixtures throughout. The bright, airy living spaces perfectly blend historic charm with contemporary style. The kitchen shines with sleek countertops, updated appliances, and abundant natural light, making it ideal

    Joshua Johnson eXp Realty

    Section Image
  • 1600 Vincent Ave N, Minneapolis, MN 55411

    $300,000

    • 3 Beds
    • 1.5 Baths
    • 1,852 Sq Ft
    • 1600 Vincent Ave N
    • Minneapolis, MN

    Welcome to this beautifully updated 3-bedroom, 1.5-bathroom home. This single-family residence offers a perfect blend of classic character and modern upgrades, ideal for homeowners seeking comfort, functionality, and style. Step inside to find hardwood floors throughout the main level, creating a warm and inviting atmosphere. The fully remodeled open kitchen features updated cabinetry, modern

    Peter Hiller Keller Williams Integrity Realty

    Section Image
See All Homes in Minneapolis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gordon Aaron -- Title One Inc
Federal National Mortgage Association -- None Available
Citimortgage Inc $141,633 --
Citimortgage Inc $141,633 None Available
Reese Leana C $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Aaron $38,500
Open Gordon Aaron $98,160
Previous Owner Reese Leana C $70,000
Closed Reese Leana C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $122,700 -25.4% $78 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $164,500 -- $105 / 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 $3,884 $279,000 $98,000 $181,000
2022 $3,737 $271,000 $85,000 $186,000
2021 $3,306 $248,000 $56,000 $192,000
2020 $3,124 $221,500 $45,200 $176,300
2019 $3,217 $209,000 $30,100 $178,900
2018 $2,901 $209,000 $30,100 $178,900
2017 $2,709 $176,000 $27,400 $148,600
2016 $2,692 $169,500 $27,400 $142,100
2015 $2,457 $147,500 $27,400 $120,100
2014 -- $138,000 $29,600 $108,400
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2014

    Zach Skattum

    RE/MAX

  • T

    Buyer's Agent in 2014

    Timothy Gordon

    Pederson Realty Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4555708

REALTOR® Association of Southern Minnesota

APN: 19-028-23-11-0029

Minnesota Hennepin County Minneapolis 55417 Morris Park

5401 45th Ave S, Minneapolis, MN

This home is located at 5401 45th Ave S, Minneapolis, MN 55417 since 29 October 2013 and is currently estimated at $316,510, approximately $201 per square foot. This property was built in 1950. 5401 45th 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.

Nearby Homes