NOT LISTED FOR SALE

5429 42nd Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $377,683 - $457,000

4 Beds
2 Baths
2,450 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $159,900 $65 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,785/month

14 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Forced Air Heating System
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of October 2012

This one will pay for itself - live on one side - other rent will pay most of payments. Near VA hospital - Easy to rent - Finished rec room is large & furnace, laundry in basemnt.

Last Agent to Sell the Property

Curtis Burckhardt

Counselor Realty, Inc. Listed on: 08/08/2012

Last Buyer's Agent

Daniel Dietl

BRIX Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 40.00 x 128.00

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water/sewer
  • Assessor Parcel Number 1902823110110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,686

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Parcel Number: 1902823110110
  • Projected Closed Date: 09/28/2012
  • Stories: 1 Story
  • Taxes With Assessments: 3685.72
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1650
  • Total Fin Square Footage: 2450
  • Below Grade Finished Sq Ft: 800

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40.00 X 128.00

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1955

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 3686

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Perfect Home Leasing Of Minnesota Llc
Bought by
Vorwerk Matthew and Watts Klaudia
Total Days on Market
14
Current Estimated Value
$408,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$271,031
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$137,140

Purchase Details

Closed on
Aug 8, 2022
Sold by
Perfect Home Leasing Of Minnesota Llc
Bought by
Vorwerk Matthew and Watts Klaudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$271,031
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$137,140

Purchase Details

Closed on
Jun 8, 2020
Sold by
Kehl Trina and Kehl Joseph W
Bought by
Perfect Home Leasing Of Minnesota Llc

Purchase Details

Listed on
Aug 8, 2012
Closed on
Aug 29, 2012
Sold by
Swenson James A
Bought by
Dahnert Trina
Seller's Agent
Curtis Burckhardt
Counselor Realty, Inc.
Buyer's Agent
Daniel Dietl
BRIX Real Estate
List Price
$15,900
Sold Price
$159,900
Premium/Discount to List
$144,000
905.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$157,003
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

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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
Vorwerk Matthew $375,000 --
Vorwerk Matthew $375,000 Title Smart
Perfect Home Leasing Of Minnesota Llc $485 None Listed On Document
Dahnert Trina $159,900 Cornerstone Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vorwerk Matthew $281,250
Closed Vorwerk Matthew $281,250
Previous Owner Kehl Trina R $40,000
Previous Owner Dahnert Trina $157,003
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $159,900 +905.7% $65 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $15,900 -- $6 / 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 $5,923 $371,000 $104,000 $267,000
2022 $5,503 $353,000 $87,000 $266,000
2021 $5,136 $324,000 $66,000 $258,000
2020 $5,054 $314,000 $51,000 $263,000
2019 $4,736 $273,000 $34,000 $239,000
2018 $4,340 $248,000 $34,000 $214,000
2017 $3,892 $194,500 $30,900 $163,600
2016 $4,011 $194,500 $30,900 $163,600
2015 $2,500 $169,000 $30,900 $138,100
2014 -- $160,500 $30,900 $129,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Curtis Burckhardt

    Counselor Realty, Inc.

  • D

    Buyer's Agent in 2012

    Daniel Dietl

    BRIX Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4385604

REALTOR® Association of Southern Minnesota

APN: 19-028-23-11-0110

Minnesota Hennepin County Minneapolis 55417 Morris Park

5429 42nd Ave S, Minneapolis, MN

This home is located at 5429 42nd Ave S, Minneapolis, MN 55417 since 08 August 2012 and is currently estimated at $408,171, approximately $166 per square foot. This property was built in 1955. 5429 42nd 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.

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