5509 2nd Ave S Minneapolis, MN 55419
Diamond Lake NeighborhoodEstimated payment $2,408/month
Highlights
- Deck
- Mud Room
- The kitchen features windows
- Bonus Room
- No HOA
- Living Room
About This Home
This updated South Minneapolis bungalow combines charm, space, and smart updates. The front porch welcomes you into a main level with hardwood floors, two bedrooms, and a spacious living area that flows into a large, bright kitchen with ample cabinetry, stainless steel appliances, and plenty of natural light. Upstairs offers a generous bedroom plus a versatile flex space—currently a 25x17 walk-in closet—that could easily serve as an office or lounge. The lower level features a beautifully renovated 3/4 bath with tiled walk-in shower, laundry, storage, the 4th bedroom, as well as space that you could finish off for an additional family room. Outside, you’ll find a rare South Minneapolis treasure: a recently sheet-rocked and insulated 3-car garage. In the last four years, updates include a new roof, furnace, gutters, lighting, paint, a full basement bath renovation, and more. With restaurants, parks, a fitness center, and more just blocks away, you’ll love the lifestyle this home offers. Come see it today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,233
Year Built
- Built in 1923
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40x128
- Partially Fenced Property
- Irregular Lot
- Few Trees
Parking
- 3 Car Garage
- Insulated Garage
Home Design
- Pitched Roof
- Metal Siding
- Vinyl Siding
Interior Spaces
- 1.5-Story Property
- Mud Room
- Entrance Foyer
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Basement Window Egress
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- First Sub In Diamond Lake Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 2202824120072
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,233 | $303,000 | $95,000 | $208,000 |
| 2023 | $3,971 | $313,000 | $95,000 | $218,000 |
| 2022 | $3,100 | $295,000 | $75,000 | $220,000 |
| 2021 | $3,101 | $238,000 | $57,000 | $181,000 |
| 2020 | $3,360 | $245,000 | $57,200 | $187,800 |
| 2019 | $3,279 | $245,000 | $38,900 | $206,100 |
| 2018 | $3,221 | $233,500 | $38,900 | $194,600 |
| 2017 | $3,303 | $229,000 | $35,400 | $193,600 |
| 2016 | $3,620 | $200,000 | $35,400 | $164,600 |
| 2015 | $9,092 | $192,000 | $35,400 | $156,600 |
| 2014 | -- | $183,000 | $39,400 | $143,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Price Changed | $389,900 | -2.5% | $198 / Sq Ft |
| 10/02/2025 10/02/25 | For Sale | $399,900 | -- | $204 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | Land Title Inc | |
| Warranty Deed | $181,000 | Title Choice Llc | |
| Deed | $290,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,500 | New Conventional | |
| Previous Owner | $171,950 | New Conventional | |
| Closed | $275,500 | No Value Available |
Source: NorthstarMLS
MLS Number: 6794842
APN: 22-028-24-12-0072
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