NOT LISTED FOR SALE

5405 Portland Ave Minneapolis, MN 55417

Page Neighborhood

Estimated Value: $381,000 - $402,001

2 Beds
1 Bath
1,302 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $350,000 $269 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,494/month

23 Days on Market

Highlights

  • Lake Front
  • 12,632 Sq Ft lot
  • 1 Car Attached Garage
  • Hale Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

EXCELLENT PAGE LOCATION! PREMIUM CONDITION! BEAUTIFUL 1.5 STORY "CAP COD" LOCATED JUST STEPS TO DIAMOND LAKE, MINNEHAHA PKWY, PARKS AND TRAILS ETC. BRAND NEW ROOF, FURNACE, CENTRAL AIR, ELECTRIC PANEL, BATHROOM AND KITCHEN WITH GRANITE COUNTERS AND STAINLESS-STEEL APPLIANCES PLUS SO MUCH MORE, SHOWS GREAT! LARGE PRIVATE LOT!

Last Agent to Sell the Property

John McGovern

John McGovern Listed on: 11/24/2023

Last Buyer's Agent

Mark O'Hern

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,461

Year Built

  • Built in 1938

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50 x 250
  • Lake Front

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Decorative Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Park Ave Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2302824220070

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,461

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1938
  • Above Grade Finished Sq Ft: 1202
  • Water Body Name: Diamond Lake (Minneapolis City)
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Fireplace Features: Decorative
  • Living Area: 1302
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 100
  • Basement YN: Yes
  • SqFtTotal: 1302.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: Page
  • Lake Acres: 51
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 280

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50 x 250
  • Lot Size Sq Ft: 12632.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302824220070
  • Tax Annual Amount: 4461
  • TaxWithAssessments: 4461.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Johnson Kimberly
Bought by
Kimberly Helene Fox Johnson Trust and Johnson
Current Estimated Value
$390,000

Purchase Details

Listed on
Nov 24, 2023
Closed on
Dec 18, 2023
Sold by
Ms Relo Services Incorporated
Bought by
Johnson Kimberly
Seller's Agent
John McGovern
John McGovern
Buyer's Agent
Mark O'Hern
Edina Realty, Inc.
List Price
$359,500
Sold Price
$350,000
Premium/Discount to List
-$9,500
-2.64%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$262,509
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2022
Sold by
Nicholson Paul
Bought by
Ms Relocation Services Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Kimberly Helene Fox Johnson Trust $485 None Listed On Document
Johnson Kimberly $350,000 Land Title
Ms Relocation Services Incorporated $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Kimberly $262,509
Previous Owner Ms Relocation Services Incorporated $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $350,000 0.0% $269 / Sq Ft
11/26/2023 11/26/23 Off Market $350,000 -- --
11/24/2023 11/24/23 For Sale $359,500 -- $276 / Sq Ft
Source: NorthstarMLS

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 $4,429 $340,000 $183,000 $157,000
2022 $4,508 $345,000 $181,000 $164,000
2021 $3,924 $332,000 $165,000 $167,000
2020 $4,251 $302,000 $204,600 $97,400
2019 $3,745 $302,000 $163,400 $138,600
2018 $4,102 $262,500 $163,400 $99,100
2017 $3,968 $243,500 $148,500 $95,000
2016 $4,090 $243,500 $148,500 $95,000
2015 $4,124 $235,000 $148,500 $86,500
2014 -- $218,500 $148,500 $70,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John McGovern

    John McGovern

    (651) 528-7444

    1 in this area

    191 Total Sales

    Section Image
  • Mark O'Hern

    Buyer's Agent in 2023

    Mark O'Hern

    Edina Realty, Inc.

    (612) 743-6494

    2 in this area

    105 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6463063

NorthstarMLS

APN: 23-028-24-22-0070

Minnesota Hennepin County Minneapolis 55417 Page

5405 Portland Ave, Minneapolis, MN

This home is located at 5405 Portland Ave, Minneapolis, MN 55417 since 24 November 2023 and is currently estimated at $390,000, approximately $299 per square foot. This property was built in 1938. 5405 Portland Ave is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn High School.

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