NOT LISTED FOR SALE

5541 41st Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $317,000 - $338,136

2 Beds
2 Baths
1,260 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $180,000 $143 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,053/month

91 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

Charming home with a great feel and layout. Great price! Egress window already in basement. Easy to add 3rd bedroom. 3-season porch not included in finished sq ft. Possible potential to finish upper level.

Last Agent to Sell the Property

Benjamin Trudeau

Edina Realty, Inc. Listed on: 05/22/2014

Last Buyer's Agent

Aaron Schumm

Reimagine Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1945

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Ceiling Fan
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

  • Patio
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1902823120118

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,299

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.12
  • Construction: Previously Owned
  • Foundation Size: 840
  • Parcel Number: 1902823120118
  • Projected Closed Date: 09/25/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2299
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x12, On Level: Main
  • Room 2: Dining Room, 15x9, On Level: Main
  • Room 3: Family Room, 28x12, On Level: Lower
  • Room 4: Kitchen, 8x10, On Level: Main
  • Room 5: Bedroom, 10x12, On Level: Main
  • Room 6: Bedroom, 9x12, On Level: Main
  • Room 9: 3 Season Porch, 10x15, On Level: Main
  • Basement Features: Egress Windows
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 840
  • Below Grade Finished Sq Ft: 420
  • Total Fin Square Footage: 1260

Exterior Features

  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1945

Tax Info

  • Year: 2013
  • Tax Value: 2299

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Engquist Andrew L and Engquist Christa N
Bought by
Erickson Leif Andrew and Erickson Amanda Jean
Current Estimated Value
$325,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,720
Outstanding Balance
$237,313
Interest Rate
3.2%
Mortgage Type
Stand Alone Second
Estimated Equity
$85,255

Purchase Details

Listed on
May 22, 2014
Closed on
Sep 25, 2014
Sold by
Williams Julie Julie
Bought by
Engquist Andrew Andrew
Seller's Agent
Benjamin Trudeau
Edina Realty, Inc.
Buyer's Agent
Aaron Schumm
Reimagine Real Estate
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$162,000
Interest Rate
4.2%

Purchase Details

Closed on
Mar 29, 2004
Sold by
Underdahl Gary D and Hogan Underdahl Julie R
Bought by
Williams Julie T

Purchase Details

Closed on
May 30, 2000
Sold by
Farney Douglas N and Farney Deidrea A
Bought by
Underdahl Gary D and Hogan Underdahl Julie R

Purchase Details

Closed on
Feb 26, 1999
Sold by
Rahm Paul V and Rahm Karen L
Bought by
Farney Douglas N and Farney Deidrea A
Source: Public Records

Range of Values:

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Average Value
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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
Erickson Leif Andrew $276,000 Title One Inc
Engquist Andrew Andrew $180,000 --
Williams Julie T $213,500 --
Underdahl Gary D $130,500 --
Farney Douglas N $91,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Leif Andrew $267,720
Closed Erickson Leif Andrew $267,720
Previous Owner Engquist Andrew Andrew $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $180,000 -7.7% $143 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $195,000 -- $155 / 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 $3,830 $303,000 $110,000 $193,000
2022 $3,565 $297,000 $94,000 $203,000
2021 $3,050 $269,000 $69,000 $200,000
2020 $3,094 $241,500 $52,400 $189,100
2019 $3,190 $228,000 $34,900 $193,100
2018 $2,807 $228,000 $34,900 $193,100
2017 $2,565 $184,500 $31,700 $152,800
2016 $2,400 $170,000 $31,700 $138,300
2015 $2,338 $160,000 $31,700 $128,300
2014 -- $153,500 $31,700 $121,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Benjamin Trudeau

    Edina Realty, Inc.

  • A

    Buyer's Agent in 2014

    Aaron Schumm

    Reimagine Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4624518

REALTOR® Association of Southern Minnesota

APN: 19-028-23-12-0118

Minnesota Hennepin County Minneapolis 55417 Morris Park

5541 41st Ave S, Minneapolis, MN

This home is located at 5541 41st Ave S, Minneapolis, MN 55417 since 22 May 2014 and is currently estimated at $325,534, approximately $258 per square foot. This property was built in 1945. 5541 41st Ave S is a home located in Hennepin County with nearby schools including Lake Nokomis Wenonah Elementary School, Lake Nokomis Keewaydin Elementary School, and Sanford Middle 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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