5521 Thomas Ave S Minneapolis, MN 55410
Armatage NeighborhoodEstimated Value: $513,000 - $634,348
3
Beds
2
Baths
2,068
Sq Ft
$288/Sq Ft
Est. Value
Highlights
- Bonus Room
- No HOA
- Family Room
- Armatage Elementary School Rated A-
- Forced Air Heating and Cooling System
- Electric Fireplace
About This Home
As of March 2024Come and see this beautifully renovated and spacious Armatage one and a half story, located blocks from Minnehaha Creek. This is a 3 bed, 2 ba home that features too many updates to list, including the new garage with living space above, new Anderson windows, and basement remodel with 8.5 foot ceilings. Just blocks from shopping, restaurants, and parks, with this location makes this home a must see. Don't miss out on this one.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,952
Year Built
- Built in 1949
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x128
Parking
- 2 Car Garage
Interior Spaces
- 1.5-Story Property
- Electric Fireplace
- Family Room
- Bonus Room
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2002824110137
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Mar 22, 2024
Sold by
Goetz Daniel and Goetz Sharon
Bought by
Borwege William and Putrah Payton
Seller's Agent
Travis Colsen
RE/MAX Advantage Plus
Buyer's Agent
Michael Knapp
Edina Realty, Inc.
List Price
$625,000
Sold Price
$640,000
Premium/Discount to List
$15,000
2.4%
Total Days on Market
10
Views
76
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
-$44,913
Avg. Annual Appreciation
-5.74%
Original Mortgage
$482,368
Outstanding Balance
$477,118
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$117,969
Purchase Details
Closed on
Nov 20, 2008
Sold by
Moser Marion E
Bought by
Guetz Daniel H and Guetz Sharon L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,375
Interest Rate
6%
Mortgage Type
FHA
Similar Homes in Minneapolis, MN
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Borwege William | $640,000 | -- | |
| Guetz Daniel H | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Borwege William | $482,368 | |
| Previous Owner | Goetz Daniel H | $202,480 | |
| Previous Owner | Goetz Daniel H | $71,300 | |
| Previous Owner | Goetz Daniel H | $256,647 | |
| Previous Owner | Goetz Daniel H | $246,645 | |
| Previous Owner | Goetz Daniel H | $244,375 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $640,000 | +2.4% | $309 / Sq Ft |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 03/03/2024 03/03/24 | For Sale | $625,000 | -2.3% | $302 / Sq Ft |
| 03/03/2024 03/03/24 | Off Market | $640,000 | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $625,000 | -- | $302 / 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 | $5,901 | $453,000 | $248,000 | $205,000 |
| 2022 | $5,437 | $453,000 | $231,000 | $222,000 |
| 2021 | $4,901 | $394,000 | $167,000 | $227,000 |
| 2020 | $5,308 | $369,500 | $118,900 | $250,600 |
| 2019 | $5,185 | $369,500 | $114,000 | $255,500 |
| 2018 | $4,745 | $352,000 | $114,000 | $238,000 |
| 2017 | $4,844 | $306,000 | $103,600 | $202,400 |
| 2016 | $4,996 | $306,000 | $103,600 | $202,400 |
| 2015 | $4,954 | $290,500 | $103,600 | $186,900 |
| 2014 | -- | $254,500 | $96,000 | $158,500 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Colsen
Seller's Agent in 2024
Travis Colsen
RE/MAX Advantage Plus
(651) 329-8652
1 in this area
52 Total Sales
-
Michael Knapp
Buyer's Agent in 2024
Michael Knapp
Edina Realty, Inc.
(952) 210-2929
4 in this area
118 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6485266
APN: 20-028-24-11-0137
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