NOT LISTED FOR SALE

5501 5501 31st-Avenue-s Minneapolis, MN 55417

Wenonah Neighborhood

Estimated Value: $294,000 - $318,000

3 Beds
1 Bath
1,010 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $127,000 $126 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,972/month

10 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Patio

About This Home

As of October 2012

Great starter home just East of Lake Nokomis. Main floor has LR, 2BR, eat-in kitchen, full bA, hdwd flrs, & new paint throughout. Lg upstairs exp area w/new carpet makes a perfect master suite. Lower lvl amusement rm, solid mechanicals, central air

Last Agent to Sell the Property

Bruce Hendrickson

Edina Realty, Inc. Listed on: 09/28/2012

Last Buyer's Agent

Bettijo Norman

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,731

Year Built

  • 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 42 x 149
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,010 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Patio
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1902823220086

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,731

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.15
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 720
  • Parcel Number: 1902823220086
  • Projected Closed Date: 10/31/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2204
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Freezer, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 4: Kitchen, 14x8, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 11x8, On Level: Main
  • Room 7: 29x10, On Level: Upper
  • Room 9: Rec Room, 29x10, On Level: Lower
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1010
  • Total Fin Square Footage: 1010

Exterior Features

  • Frontage Road: City, Curb/Gutters, Sidewalk
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 42 X 149
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2018
Sold by
Nelson Rhiannon S
Bought by
Kohs Matthew S
Current Estimated Value
$303,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$145,982
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$168,606

Purchase Details

Listed on
Sep 28, 2012
Closed on
Oct 22, 2012
Sold by
Sandberg James J and Sandberg Joel L
Bought by
Nelson Rhiannon S
Seller's Agent
Bruce Hendrickson
Edina Realty, Inc.
Buyer's Agent
Bettijo Norman
Edina Realty, Inc.
List Price
$122,000
Sold Price
$127,000
Premium/Discount to List
$5,000
4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$124,650
Interest Rate
3.3%
Mortgage Type
FHA
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
Kohs Matthew S $210,000 Midland Title
Nelson Rhiannon S $127,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohs Matthew S $168,000
Previous Owner Nelson Rhiannon S $124,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $127,000 +4.1% $126 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $122,000 -- $121 / 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 $3,731 $261,000 $127,000 $134,000
2022 $2,910 $239,000 $104,000 $135,000
2021 $3,062 $210,000 $63,000 $147,000
2020 $3,046 $210,000 $65,700 $144,300
2019 $2,595 $210,000 $43,800 $166,200
2018 $2,672 $191,000 $43,800 $147,200
2017 $2,428 $164,500 $39,800 $124,700
2016 $2,065 $150,500 $39,800 $110,700
2015 $2,024 $142,500 $39,800 $102,700
2014 -- $136,500 $39,800 $96,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4404064

REALTOR® Association of Southern Minnesota

APN: 19-028-23-22-0086