NOT LISTED FOR SALE

Estimated Value: $390,000 - $517,077

4 Beds
1 Bath
1,680 Sq Ft
$271/Sq Ft Est. Value

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

This home is located at 5422 28th Ave S, Minneapolis, MN 55417 since 11 April 2024 and is currently priced at $454,769. This property was built in 1955. 5422 28th Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Wenonah Elementary School, Lake Nokomis Keewaydin Elementary School, and Sanford Middle School.

Last Agent to Rent the Property

Kellie Cardinal

National Realty Guild Listed on: 04/11/2024

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,998

Year Built

  • Built in 1955

Lot Details

  • 10,019

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Lot Dimensions are 80 x 128
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Nokomis South Park Add Subdivision

Listing and Financial Details

  • Property Available on 4/11/24
  • Tenant pays for cable TV, gas, heat
  • The owner pays for trash collection, water
  • Assessor Parcel Number 2402824120006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,998

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-04-11
  • Lease Price: 2500.0000
  • ApplicationFee: 50.0000
  • SecurityDeposit: 2500.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Duplex Side by Side
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 840
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Living Area: 1680
  • Fireplace: No
  • Below Grade Finished Sq Ft: 840
  • Owner Pays: Trash Collection, Water
  • Basement YN: Yes
  • SqFtTotal: 1680.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Neighborhood: Wenonah

Garage/Parking

  • Parking Features: Asphalt

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

  • PropertyAttachedYN: Yes
  • Lot Size: 80 x 128
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Assessor Parcel Number: 2402824120006

Multi Family

  • TenantPays: Cable TV, Gas, Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2019
Sold by
Ochs Christopher C and Ochs Justine A
Bought by
Smith Patrick Reid
Current Estimated Value
$454,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,229
Outstanding Balance
$372,255
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$102,490

Purchase Details

Closed on
May 7, 2018
Sold by
Ochs Christopher C and Ochs Justine A
Bought by
Ochs Christopher C and Ochs Justine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2008
Sold by
Petrov Ivan and Petrov Olive F
Bought by
Ochs Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,573
Interest Rate
6.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Patrick Reid $346,500 Trademark Title Services Llc
Ochs Christopher C -- Land Title Inc
Ochs Christopher C $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Patrick Reid $421,229
Previous Owner Ochs Christopher C $210,000
Previous Owner Ochs Christopher C $178,426
Previous Owner Ochs Christopher C $180,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $2,500 0.0% --
04/11/2024 04/11/24 For Rent $2,500 -- --
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 $7,998 $501,000 $141,000 $360,000
2022 $6,556 $458,000 $121,000 $337,000
2021 $4,416 $386,000 $65,000 $321,000
2020 $4,080 $336,000 $83,700 $252,300
2019 $5,129 $291,000 $55,800 $235,200
2018 $4,667 $282,500 $55,800 $226,700
2017 $3,440 $212,000 $50,700 $161,300
2016 $3,332 $199,500 $50,700 $148,800
2015 $3,268 $187,500 $50,700 $136,800
2014 -- $187,500 $50,700 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6518035

NorthstarMLS

APN: 24-028-24-12-0006