NOT LISTED FOR SALE

5517 Park Ave Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $519,000 - $581,762

3 Beds
3 Baths
2,336 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $320,000 $137 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,623/month

35 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Hale Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Diamond Lake Park

About This Home

As of December 2012

Wonderful Cape Cod home in great location. Very nice kitchen addition with maple & Silestone which walks out to deck. Combination laundry/bathroom on lower level with whirlpool tub. The nicest neighbors in the world!! Agent/Owner

Last Agent to Sell the Property

Neal Anderson

Counselor Realty, Inc. Listed on: 10/23/2012

Co-Listed By

Mary Carlson

Counselor Realty, Inc.

Last Buyer's Agent

Dean Eichaker

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,832

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 12
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2302824220112

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,832

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Fenced Yard - Partial
  • Estimated Number of Acres: 0.14
  • Construction: Previously Owned
  • Foundation Size: 1166
  • Parcel Number: 2302824220112
  • Projected Closed Date: 12/28/2012
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 4832
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Full Basement, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x13, On Level: Main
  • Room 2: Dining Room, 13x10, On Level: Main
  • Room 3: Family Room, 31x13, On Level: Lower
  • Room 4: Kitchen, 23x12, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 22x12, On Level: Upper
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Partial
  • Finished Above Grade Sq Ft: 1598
  • Below Grade Finished Sq Ft: 738
  • Total Fin Square Footage: 2336

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 50.00 X 12
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1942

Tax Info

  • Year: 2012
  • Tax Value: 4832

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Gels David and Gels Jennifer
Bought by
Gels Jennifer and Gels David
Current Estimated Value
$562,191

Purchase Details

Listed on
Oct 23, 2012
Closed on
Dec 28, 2012
Sold by
Carlson Ronald H and Carlson Mary V
Bought by
Gels David and Gels Jennifer
Seller's Agent
Neal Anderson
Counselor Realty, Inc.
Buyer's Agent
Dean Eichaker
Edina Realty, Inc.
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$288,000
Outstanding Balance
$200,301
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$361,890

Purchase Details

Closed on
Aug 14, 1998
Sold by
Walser Randy S and Walser Donna C
Bought by
Carlson Ronald H and Carlson Mary V

Purchase Details

Closed on
Jan 3, 1997
Sold by
Timp David Arthur and Timp Michelle
Bought by
Walser Randy S and Walser Donna C
Source: Public Records

Range of Values:

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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
Gels Jennifer -- None Available
Gels David -- Entitle Inc
Carlson Ronald H $123,500 --
Walser Randy S $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gels David $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $320,000 -3.0% $137 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $329,900 -- $141 / 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 $6,716 $491,000 $194,000 $297,000
2022 $6,430 $473,000 $180,000 $293,000
2021 $5,611 $464,000 $183,000 $281,000
2020 $6,019 $419,000 $101,300 $317,700
2019 $5,878 $415,000 $81,200 $333,800
2018 $5,224 $395,000 $81,200 $313,800
2017 $5,219 $342,000 $73,800 $268,200
2016 $5,198 $331,000 $73,800 $257,200
2015 $5,279 $321,500 $73,800 $247,700
2014 -- $281,500 $72,200 $209,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Neal Anderson

    Counselor Realty, Inc.

  • M

    Seller Co-Listing Agent in 2012

    Mary Carlson

    Counselor Realty, Inc.

  • D

    Buyer's Agent in 2012

    Dean Eichaker

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4411708

REALTOR® Association of Southern Minnesota

APN: 23-028-24-22-0112

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

5517 Park Ave, Minneapolis, MN

This home is located at 5517 Park Ave, Minneapolis, MN 55417 since 23 October 2012 and is currently estimated at $562,191, approximately $240 per square foot. This property was built in 1942. 5517 Park Ave is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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