5429 42nd Ave S Minneapolis, MN 55417
Morris Park NeighborhoodEstimated Value: $409,918 - $458,000
4
Beds
2
Baths
2,450
Sq Ft
$175/Sq Ft
Est. Value
About This Home
As of August 2022This is the Duplex you have been looking for! Location combined with updates make this a home run! New service (meter, sockets & panels), new furnace & AC on the 5429 side, new plumbing, gutters, sidewalks, stoops and railings all done in 2014 along with new windows and doors over the last couple of years make this one ready to rent or move right in! Close to Hwy 55, Hwy 62 & Hwy 77, the VA hospital, Lake Nokomis, bus and light rail stops and many restaurants and shops.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,503
Year Built
- Built in 1955
Lot Details
- 5,227
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 40 x 128
- Forced Air Heating System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel
- The owner pays for insurance, taxes, water
- Assessor Parcel Number 1902823110110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2022
Closed on
Aug 12, 2022
Sold by
Perfect Home Leasing Of Minnesota Llc
Bought by
Vorwerk Matthew and Watts Klaudia
Seller's Agent
Dawn Davis
BRIX Real Estate
Buyer's Agent
Matthew Vorwerk
Coldwell Banker Realty
List Price
$375,000
Sold Price
$375,000
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,230
Avg. Annual Appreciation
4.92%
Original Mortgage
$281,250
Outstanding Balance
$271,031
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$158,199
Purchase Details
Listed on
Jul 14, 2022
Closed on
Aug 8, 2022
Sold by
Perfect Home Leasing Of Minnesota Llc
Bought by
Vorwerk Matthew and Watts Klaudia
Seller's Agent
Dawn Davis
BRIX Real Estate
Buyer's Agent
Matthew Vorwerk
Coldwell Banker Realty
List Price
$375,000
Sold Price
$375,000
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
$158,199
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
Closed on
Aug 29, 2012
Sold by
Swenson James A
Bought by
Dahnert Trina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,003
Interest Rate
3.25%
Mortgage Type
FHA
Similar Homes in Minneapolis, MN
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
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $375,000 | 0.0% | $153 / Sq Ft |
| 07/14/2022 07/14/22 | Pending | -- | -- | -- |
| 07/14/2022 07/14/22 | For Sale | $375,000 | -- | $153 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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
-
Dawn Davis
Seller's Agent in 2022
Dawn Davis
BRIX Real Estate
(612) 910-4114
2 in this area
96 Total Sales
-
Matthew Vorwerk
Buyer's Agent in 2022
Matthew Vorwerk
Coldwell Banker Realty
(651) 343-1890
1 in this area
70 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6234971
APN: 19-028-23-11-0110
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