NOT LISTED FOR SALE

5541 43rd Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $365,000 - $399,012

3 Beds
2 Baths
1,995 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $355,000 $178 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,445/month

Highlights

  • No HOA
  • Living Room
  • Hot Water Heating System
  • The kitchen features windows

About This Home

As of November 2022

Beautifully maintained Morris Park home, featuring an updated kitchen with stainless steel appliances, quartz countertops, custom cabinets and tile backsplash. Exceptional hardwood flooring throughout main and upper levels, complemented by white enameled millwork. Main floor bathroom has been updated with beautiful tile, maintaining the charm of this 1930's home. Upper level offers 2 spacious bedrooms, while the lower level showcases a large family room with new carpet and gas-burning fireplace, perfect for entertaining family and friends. The lower-level also offers a large storage room. Oversized 1.5 car garage and an additional parking pad in back for vehicles, boat or additional toys. Fantastic location, just minutes from shopping, groceries, coffee and parks.

Last Agent to Sell the Property

Katherine Kaiser

Edina Realty, Inc. Listed on: 09/07/2022

Edina Realty, Inc.

Last Buyer's Agent

Jordan Hinman

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 1938

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 128x40
  • Chain Link Fence

Parking

  • 1 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1.5-Story Property
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Morris Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1902823110165

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,186

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1938
  • Above Grade Finished Sq Ft: 1310
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full, Storage Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 1995
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 685
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Morris Park

Garage/Parking

  • Parking Features: Detached, Concrete, Other
  • Garage Square Feet: 252

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Paneled Doors,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 128x40
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1902823110165
  • Tax Annual Amount: 4186
  • TaxWithAssessments: 4186.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Nov 7, 2022
Sold by
Zaun Curtis and Zaun Louise
Bought by
Rausch Courtney and Ringer Raymond
Seller's Agent
Katherine Kaiser
Edina Realty, Inc.
Buyer's Agent
Jordan Hinman
Keller Williams Premier Realty Lake Minnetonka
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$377,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,503
Avg. Annual Appreciation
-0.05%
Original Mortgage
$319,500
Outstanding Balance
$311,128
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$43,417

Purchase Details

Closed on
May 20, 2019
Sold by
M & E Properties Llc
Bought by
Zaun Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Conley Douglas G
Bought by
M & E Propeties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2000
Sold by
Aveldson Jason L
Bought by
Conley Douglas G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rausch Courtney $355,000 Edina Realty Title
Zaun Curtis $335,000 Partners Title Llc
M & E Propeties Llc $200,000 Burnet Title
Conley Douglas G $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rausch Courtney $319,500
Previous Owner Zaun Curtis $251,250
Previous Owner M & E Propeties Llc $201,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $355,000 +1.4% $178 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $350,000 -- $175 / 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 $4,323 $338,000 $110,000 $228,000
2022 $4,568 $338,000 $94,000 $244,000
2021 $4,186 $336,000 $69,000 $267,000
2020 $3,560 $320,000 $51,000 $269,000
2019 $3,667 $245,500 $34,100 $211,400
2018 $3,291 $245,500 $34,100 $211,400
2017 $3,017 $196,000 $31,000 $165,000
2016 $2,891 $182,000 $31,000 $151,000
2015 $2,807 $168,500 $31,000 $137,500
2014 -- $158,000 $31,000 $127,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Katherine Kaiser

    Edina Realty, Inc.

    (612) 816-6137

    1 in this area

    32 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Jordan Hinman

    Keller Williams Premier Realty Lake Minnetonka

    (303) 518-2764

    2 in this area

    24 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6257654

NorthstarMLS

APN: 19-028-23-11-0165

Minnesota Hennepin County Minneapolis 55417 Morris Park

5541 43rd Ave S, Minneapolis, MN

This home is located at 5541 43rd Ave S, Minneapolis, MN 55417 since 07 September 2022 and is currently estimated at $377,503, approximately $189 per square foot. This property was built in 1938. 5541 43rd 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.

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