5520 Elliot Ave Minneapolis, MN 55417
Diamond Lake NeighborhoodEstimated Value: $409,000 - $472,000
2
Beds
2
Baths
2,235
Sq Ft
$198/Sq Ft
Est. Value
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 2022Charming 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!
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
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%
Total Days on Market
25
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
$51,766
Avg. Annual Appreciation
4.87%
Original Mortgage
$234,000
Outstanding Balance
$225,855
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$215,911
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
$215,911
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
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 |
|---|---|---|---|
| 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
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
-
Araceli Perez
A
Seller's Agent in 2022
Araceli Perez
eXp Realty
(612) 821-7400
3 in this area
27 Total Sales
-
Erin Sjoquist
Buyer's Agent in 2022
Erin Sjoquist
Keller Williams Realty Integrity Lakes
(612) 207-4318
1 in this area
104 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6175416
APN: 23-028-24-21-0065
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