NOT LISTED FOR SALE

5520 Elliot Ave Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $416,000 - $482,000

2 Beds
2 Baths
2,235 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $390,000 $174 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,797/month

25 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • 1 Car Attached Garage
  • Hale Elementary School Rated A-
  • The kitchen features windows
  • Central Air

About This Home

As of October 2022

Charming 2 bed, 2 bath 1.5 story Tudor just 4 blocks from Minnehaha Parkway in the highly sought-after Diamond Lake neighborhood! Meticulously maintained home, filled w/ original character from head to toe along w/ some modern updates. The main floor offers a spacious formal living, formal dining, breakfast nook, & a sunroom to relax in. The backyard is equipped w/ a brand new fence, a great spot for entertaining! Don’t miss the amazing upper level w/ vaulted ceilings, a perfect blank canvas to make your own & build equity! Downstairs you’ll find additional living space + even more opportunities to add equity! Updates in the last year include gas insert fireplace, recently refinished hardwood floors, brand new kitchen appliances, new washer/dryer, & more! This home is in an unbeatable location, within walking distance of some of the best parks, trails, & lakes in Mpls. You won't want to miss this one -
only being offered for sale due to relocation! Check out the improvements list!

Last Agent to Sell the Property

Araceli Perez

eXp Realty Listed on: 08/25/2022

eXp Realty

Last Buyer's Agent

Erin Sjoquist

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,883

Year Built

  • Built in 1936

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x121
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Flex

Interior Spaces

  • 1.5-Story Property
  • Brick Fireplace
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Edgewater On Nokomis 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2302824210065

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,883

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 1709
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Electric, Living Room
  • Living Area: 2235
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 526
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Sun Room, Laundry, Flex Room
  • SqFtTotal: 2817.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Full, Privacy, Split Rail, Wood
  • Neighborhood: Diamond Lake

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 164

Utilities

  • Heating: Boiler, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Sun Room,Washer/Dryer Hookup,Walk-Up Attic

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x121
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2302824210065
  • Tax Annual Amount: 4883
  • TaxWithAssessments: 4883.1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 6, 2022
Sold by
Arrington Elaine and Philson Joshua
Bought by
Staley Jeffrey and Fritz-Staley Karin
Seller's Agent
Araceli Perez
eXp Realty
Buyer's Agent
Erin Sjoquist
Keller Williams Realty Integrity Lakes
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$435,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,064
Avg. Annual Appreciation
3.55%
Original Mortgage
$234,000
Outstanding Balance
$225,855
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$204,885

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 4, 2022
Sold by
Arrington Elaine Frances and Arrington Joshua
Bought by
Staley Jeffrey and Fritz-Staley Karin E
Seller's Agent
Araceli Perez
eXp Realty
Buyer's Agent
Erin Sjoquist
Keller Williams Realty Integrity Lakes
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$225,855
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$204,885

Purchase Details

Closed on
Jun 11, 2021
Sold by
Gallick Mary Ellen and Mary Ellen Gallick Trust
Bought by
Arrington Elaine Frances

Purchase Details

Closed on
Mar 4, 2017
Sold by
Gallick Mary Ellen
Bought by
Gallick Mary Ellen and The Mary Ellen Gallick Trust
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
Staley Jeffrey $390,000 --
Staley Jeffrey $378,529 Dca Title
Arrington Elaine Frances $400,000 None Available
Gallick Mary Ellen -- None Available
Arrington Elaine Elaine $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staley Jeffrey $234,000
Closed Staley Jeffrey $234,000
Previous Owner Gallick Mary Ellen $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $390,000 +4.0% $174 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $375,000 -3.6% $168 / Sq Ft
08/25/2022 08/25/22 For Sale $389,000 -- $174 / Sq Ft
Source: NorthstarMLS

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 $5,126 $395,000 $182,000 $213,000
2022 $4,883 $403,000 $169,000 $234,000
2021 $4,163 $357,000 $146,000 $211,000
2020 $4,510 $318,500 $92,300 $226,200
2019 $4,405 $318,500 $74,100 $244,400
2018 $4,065 $303,500 $74,100 $229,400
2017 $4,166 $281,000 $67,400 $213,600
2016 $4,068 $267,500 $67,400 $200,100
2015 $4,267 $267,500 $67,400 $200,100
2014 -- $249,000 $67,400 $181,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Araceli Perez

    eXp Realty

    (612) 821-7400

    3 in this area

    29 Total Sales

    Section Image
  • Erin Sjoquist

    Buyer's Agent in 2022

    Erin Sjoquist

    Keller Williams Realty Integrity Lakes

    (612) 207-4318

    1 in this area

    105 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6175416

NorthstarMLS

APN: 23-028-24-21-0065

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

5520 Elliot Ave, Minneapolis, MN

This home is located at 5520 Elliot Ave, Minneapolis, MN 55417 since 25 August 2022 and is currently estimated at $447,529, approximately $200 per square foot. This property was built in 1936. 5520 Elliot 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.

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