NOT LISTED FOR SALE

5407 Xerxes Ave S Minneapolis, MN 55410

Armatage Neighborhood

Estimated Value: $664,000 - $728,000

4 Beds
3.5 Baths
2,208 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $615,000 $279 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,523/month

154 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Attached Garage
  • Armatage Elementary School Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of November 2022

Home was completely rebuilt on the original foundation in 2018. Luxury features throughout! 4 bedrooms, 4 baths, professional Jenn Air appliances, gas fireplace, quartz counters, hickory hardwood flooring. Many great features from the head height in the basement, to the impressive roof lines, enameled trim & doors. Close to the creek, restaurants & more!

Last Agent to Sell the Property

Jeff Young

Edina Realty, Inc. Listed on: 05/11/2022

Edina Realty, Inc.

Last Buyer's Agent

Sarah Carlson

Realty ONE Group Choice

Realty ONE Group Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,415

Year Built

  • Built in 1924

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 40 x 90

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Farming

  • Sod Farm

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2002824120213

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,415

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 1748
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Egress Window(s), Finished, Full, Concrete, Slab
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 2208
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 460
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Walk In Closet, Laundry, Deck, Porch, Mud Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • Neighborhood: Armatage

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Insulated Garage, Secured, Tuckunder Garage
  • Garage Square Feet: 462
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Local Area Network,Natural Woodwork,Other,Porch,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40 x 90
  • Lot Size Sq Ft: 3615.48
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Sod Included in Price, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Engineered Wood, Fiber Board, Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 2002824120213
  • Tax Annual Amount: 7415
  • TaxWithAssessments: 7415.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Oct 7, 2022
Sold by
Douglas David J and Douglas Kirsten L
Bought by
Lang Benjamin and Kohn Amanda
Seller's Agent
Jeff Young
Edina Realty, Inc.
Buyer's Agent
Sarah Carlson
Realty ONE Group Choice
List Price
$700,000
Sold Price
$615,000
Premium/Discount to List
-$85,000
-12.14%
Current Estimated Value
$699,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,398
Avg. Annual Appreciation
4.53%
Original Mortgage
$526,000
Outstanding Balance
$508,377
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$191,021

Purchase Details

Closed on
Sep 30, 2019
Sold by
5407 Xerxes Ave S Llc
Bought by
Douglas Kirsten L and Douglas David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2017
Sold by
5405 Xerxes Ave S Llc
Bought by
5407 Xerxes Ave S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
4.03%
Mortgage Type
Construction
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
Lang Benjamin $615,000 Stewart Title Guaranty Company
Douglas Kirsten L $537,500 Fsa Title Services
5407 Xerxes Ave S Llc -- Fsa Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Benjamin $526,000
Previous Owner Douglas Kirsten L $446,500
Previous Owner 5407 Xerxes Ave S Llc $383,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $615,000 -1.8% $279 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $626,525 -5.0% $284 / Sq Ft
08/12/2022 08/12/22 Price Changed $659,500 -2.3% $299 / Sq Ft
06/03/2022 06/03/22 Price Changed $675,000 -3.6% $306 / Sq Ft
05/11/2022 05/11/22 For Sale $700,000 -- $317 / 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
2024 $9,775 $630,000 $157,000 $473,000
2023 $8,589 $630,000 $164,000 $466,000
2022 $7,846 $635,000 $164,000 $471,000
2021 $7,415 $554,000 $113,000 $441,000
2020 $5,394 $544,000 $43,000 $501,000
2019 $5,601 $375,000 $50,400 $324,600
2018 $2,458 $375,000 $50,400 $324,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Young

    Seller's Agent in 2022

    Jeff Young

    Edina Realty, Inc.

    (612) 618-8363

    2 in this area

    90 Total Sales

    Jeff Young
    Section Image
  • Sarah Carlson

    Buyer's Agent in 2022

    Sarah Carlson

    Realty ONE Group Choice

    (763) 370-2400

    1 in this area

    93 Total Sales

    Sarah Carlson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6191073

NorthstarMLS

APN: 20-028-24-12-0213

Minnesota Hennepin County Minneapolis 55410 Armatage

5407 Xerxes Ave S, Minneapolis, MN

This home is located at 5407 Xerxes Ave S, Minneapolis, MN 55410 since 11 May 2022 and is currently estimated at $699,398, approximately $316 per square foot. This property was built in 1924. 5407 Xerxes Ave S is a home located in Hennepin County with nearby schools including Armatage Elementary School, Anthony Middle School, and Southwest Senior High School.

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