5500 Columbus Ave Minneapolis, MN 55417
Diamond Lake NeighborhoodEstimated Value: $542,000 - $581,000
3
Beds
1.5
Baths
2,198
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- The kitchen features windows
- Hale Elementary School Rated A-
- Den
- 5-minute walk to Diamond Lake Park
About This Home
As of June 2023**Offer deadline – highest and best offer due Sunday, April 30th at 3PM** Discover this lovingly cared for home by the same owners for 47 years! Reflect your success in the spacious living room with expansive bay window, crown molding and wood burning fireplace. Enjoy entertaining dinner parties in the formal dining room. Gorgeous hardwood floors under main floor carpet. Relax in the 3-season porch overlooking the white picket fenced backyard. A delightful kitchen with large pantry closet and room for eat-in table and chairs! Set up our home office in the main floor den. The upper level features HW floors and 3 bedrooms, a French/Italian inspired bathroom, multiple closets including a cedar closet and the primary bedroom veranda. The clean and bright basement has loads of storage and flexible space. New furnace and central air in 2022! The attached garage is wired with a 240v.level 2 electric car charging outlet. A rare opportunity to own a lifestyle, not just a home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,136
Year Built
- Built in 1940
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 58x120
- Property is Fully Fenced
- Wood Fence
- Corner Lot
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Den
- Storage Room
Kitchen
- Range
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- 150 Amp Service
Community Details
- No Home Owners Association
- Park Ave Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 2302824220093
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2023
Closed on
Jun 5, 2023
Sold by
Johnson Todd Wallace and Johnson Catherine E
Bought by
Thompson Brittany O and Lawal Oluwasegun O
Seller's Agent
Douglas Herkenhoff
Edina Realty, Inc.
Buyer's Agent
Rochelle Johnson
RE/MAX Advantage Plus
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Total Days on Market
3
Views
13
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
$14,597
Avg. Annual Appreciation
1.35%
Original Mortgage
$522,500
Outstanding Balance
$511,269
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$53,328
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Brittany O | $550,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thompson Brittany O | $522,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $550,000 | +4.8% | $250 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/28/2023 04/28/23 | For Sale | $525,000 | -- | $239 / 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 | $6,501 | $499,000 | $196,000 | $303,000 |
| 2022 | $6,125 | $467,000 | $178,000 | $289,000 |
| 2021 | $5,598 | $442,000 | $159,000 | $283,000 |
| 2020 | $5,988 | $418,000 | $98,300 | $319,700 |
| 2019 | $5,854 | $413,000 | $78,200 | $334,800 |
| 2018 | $5,419 | $393,500 | $78,200 | $315,300 |
| 2017 | $5,410 | $356,000 | $71,100 | $284,900 |
| 2016 | $5,077 | $326,500 | $71,100 | $255,400 |
| 2015 | $5,325 | $326,500 | $71,100 | $255,400 |
| 2014 | -- | $303,500 | $71,100 | $232,400 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Herkenhoff
Seller's Agent in 2023
Douglas Herkenhoff
Edina Realty, Inc.
(612) 865-3770
3 in this area
76 Total Sales
-
Rochelle Johnson
Buyer's Agent in 2023
Rochelle Johnson
RE/MAX Advantage Plus
(612) 590-8362
1 in this area
139 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6344524
APN: 23-028-24-22-0093
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