NOT LISTED FOR SALE

5541 45th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $335,000 - $362,000

3 Beds
2.5 Baths
1,656 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $310,000 $187 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,226/month

18 Days on Market

Highlights

  • Deck
  • Game Room
  • The kitchen features windows
  • No HOA
  • Sitting Room
  • Porch

About This Home

As of November 2022

Charming Cape Cod with full dormers in the Morris Park neighborhood. Numerous updates throughout. New furnace & A/C in 2021 w/ google nest thermostat. New Stainless appliances 2021 (gas range, microwave, refrigerator). Dishwasher '16, water heater '16, washer & dryer '16, and newer roof replaced in '09. Rare upper level bathroom. Enjoy this 3 bedroom home with spacious upper level master bedroom, bathroom, and sitting room. Main floor offers 2 bedrooms and a full bathroom. Hardwood floors throughout. The three season porch opens up to deck leading out to fenced-in backyard, large 2-stall garage & storage shed. Super close to Minnehaha Falls, bike trails, and nearly 3 miles from Lake Nokomis. Only half a mile from the Light Rail to much-much more! Home is pre-inspection and Truth in Housing Certificate of Approval in hand.

Last Agent to Sell the Property

Thomas Scott

RE/MAX Advantage Plus Listed on: 09/16/2022

RE/MAX Advantage Plus

Last Buyer's Agent

James Swift

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Sitting Room
  • Living Room
  • Game Room
  • Partially Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1902823110223

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,905

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1941
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partially Finished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1656
  • Fireplace: No
  • Below Grade Finished Sq Ft: 408
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sitting Room, Game Room, Laundry, Porch, Deck

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: Chain Link, Full
  • Neighborhood: Morris Park

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x128
  • 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

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1902823110223
  • Tax Annual Amount: 3905
  • TaxWithAssessments: 3905.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 7, 2022
Sold by
Mccallum Alex M and Mccallum Alicia Talley
Bought by
Mcfadden Brenda C and Mcfadden James A
Seller's Agent
Thomas Scott
RE/MAX Advantage Plus
Buyer's Agent
James Swift
RE/MAX Results
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$347,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,128
Avg. Annual Appreciation
4.12%
Original Mortgage
$279,000
Outstanding Balance
$270,861
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$76,267

Purchase Details

Closed on
Feb 24, 2017
Sold by
Elwood Lindsey J and Elwood Molly A
Bought by
Talley Alicia C and Mccallum Alex M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,439
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2015
Sold by
Mohs Rosemary
Bought by
Elwood Lindsay J and Elwood Molly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Mcfadden Brenda C $310,000 Trademark Title
Talley Alicia C $213,697 Trademark Title Svcs Inc
Elwood Lindsay J $183,000 Title Recording Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Brenda C $279,000
Previous Owner Mccallum Alicia Talley $204,800
Previous Owner Talley Alicia C $210,439
Previous Owner Elwood Lindsay J $173,850
Previous Owner Mohs Rosemary $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $310,000 +3.4% $187 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/30/2022 09/30/22 Price Changed $299,900 -7.7% $181 / Sq Ft
09/16/2022 09/16/22 For Sale $325,000 -- $196 / 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 $4,197 $329,000 $110,000 $219,000
2022 $3,905 $301,000 $94,000 $207,000
2021 $3,796 $273,500 $69,000 $204,500
2020 $3,857 $273,500 $51,200 $222,300
2019 $3,977 $258,000 $34,100 $223,900
2018 $3,559 $258,000 $34,100 $223,900
2017 $2,954 $208,000 $31,000 $177,000
2016 $2,785 $192,500 $31,000 $161,500
2015 -- $180,500 $31,000 $149,500
2014 -- $172,000 $31,000 $141,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Scott

    Seller's Agent in 2022

    Thomas Scott

    RE/MAX Advantage Plus

    (612) 384-2178

    1 in this area

    204 Total Sales

    Thomas Scott
    Section Image
  • James Swift

    Buyer's Agent in 2022

    James Swift

    RE/MAX Results

    (612) 210-0664

    1 in this area

    10 Total Sales

    James Swift
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6262142

NorthstarMLS

APN: 19-028-23-11-0223

Minnesota Hennepin County Minneapolis 55417 Morris Park

5541 45th Ave S, Minneapolis, MN

This home is located at 5541 45th Ave S, Minneapolis, MN 55417 since 16 September 2022 and is currently estimated at $347,128, approximately $209 per square foot. This property was built in 1941. 5541 45th 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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