NOT LISTED FOR SALE

5545 Chicago Ave Unit 307 Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $168,000 - $197,000

1 Bed
1 Bath
825 Sq Ft
$365/mo HOA Fee

Last Sold November 20, 2023

Last sale price $180,000 $218 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,560/month

35 Days on Market

Highlights

  • 19,079 Sq Ft lot
  • Corner Lot
  • Elevator
  • Hale Elementary School Rated A-
  • Community Center
  • 4-minute walk to Diamond Lake Park

About This Home

As of November 2023

Beautifully updated top floor condo! Enjoy the spacious bedroom with plenty of closet space, sun-filled living room that flows into the completely renovated kitchen - with gorgeous new cabinets, lighting, appliances, and flooring (2021). The condo includes in-unit laundry, as well as a private screened-in balcony that overlooks Todd park. Heated, secure parking garage with a shared car wash station. The building also features an elevator, gathering spaces on each floor, a mailroom, and fiber internet. And the location is ideal - with a high neighborhood walk score and a bus line almost at your front door. Enjoy all the Diamond Lake neighborhood has to offer with restaurants and a grocery store just steps away. Many nearby shops, parks, lakes, and biking/walking trails. Stop by today!

Last Agent to Sell the Property

Mackenzie Owens

Lakes Area Realty Listed on: 10/12/2023

Last Buyer's Agent

Kris Lindahl

Kris Lindahl Real Estate

Kris Lindahl Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1978

Lot Details

  • 0.44

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Assigned Parking
  • Secure Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 825 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2302824210188

Community Details

Overview

  • Association fees include maintenance structure, controlled access, heating, lawn care, ground maintenance, parking, professional mgmt, shared amenities, snow removal, water
  • Multiventure Properties, Inc. Association, Phone Number (952) 924-9388
  • Low-Rise Condominium
  • Condo 0103 Marwood Condos Subdivision
  • Car Wash Area

Amenities

  • Community Center
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,037

Year Built

Built in 1978

Lot Details

0

HOA Fees

$365 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 825
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Full
  • Appliances: Cooktop, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 825
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • Shared Rooms: Community Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat
  • Neighborhood: Diamond Lake
  • PatioPorchType: Deck,Enclosed,Screened

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Secured, Underground

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Shared Amenities, Snow Removal, Water
  • Phone: 952-924-9388
  • Association Fee: 365
  • Association: Yes
  • Amenities Unit: Balcony,Security System,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Multiventure Properties, Inc.

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 19079.28
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2302824210188
  • Tax Annual Amount: 2037
  • TaxWithAssessments: 2090.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 20, 2023
Sold by
Totall Joseph F and Totall Susan
Bought by
Stierlen Jo
Seller's Agent
Mackenzie Owens
Lakes Area Realty
Buyer's Agent
Kris Lindahl
Kris Lindahl Real Estate
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
74
Current Estimated Value
$184,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,036
Avg. Annual Appreciation
0.98%

Purchase Details

Closed on
Mar 11, 2021
Sold by
Beck Liesl Jo
Bought by
Totall Joseph F and Totall Susan

Purchase Details

Closed on
Oct 2, 2020
Sold by
Daugherty James Todd and Daugherty John Russell
Bought by
Beck Liesl Jo
Source: Public Records

Range of Values:

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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
Stierlen Jo $180,000 None Listed On Document
Totall Joseph F $175,000 Edina Realty Title Inc
Beck Liesl Jo $140,000 None Available
Beck Liesl Liesl $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $180,000 -2.7% $218 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $185,000 -- $224 / 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 $2,319 $178,000 $8,000 $170,000
2022 $1,538 $155,000 $7,000 $148,000
2021 $1,047 $111,000 $6,400 $104,600
2020 $1,137 $103,000 $6,400 $96,600
2019 $977 $103,000 $6,400 $96,600
2018 $877 $90,500 $6,400 $84,100
2017 $862 $82,000 $6,400 $75,600
2016 $892 $82,000 $6,400 $75,600
2015 $819 $75,000 $6,400 $68,600
2014 -- $77,500 $6,400 $71,100
Source: Public Records

Agents Affiliated with this Home

  • Mackenzie Owens

    Seller's Agent in 2023

    Mackenzie Owens

    Lakes Area Realty

    (612) 232-8801

    2 in this area

    103 Total Sales

    Section Image
  • Kris Lindahl

    Buyer's Agent in 2023

    Kris Lindahl

    Kris Lindahl Real Estate

    (763) 296-1368

    5 in this area

    5,226 Total Sales

    Section Image

  • S

    Buyer Co-Listing Agent in 2023

    Sebastien Dixon

    Kris Lindahl Real Estate

    (763) 292-4455

    1 in this area

    35 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6446099

NorthstarMLS

APN: 23-028-24-21-0188

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

5545 Chicago Ave Unit 307, Minneapolis, MN

This home is located at 5545 Chicago Ave Unit 307, Minneapolis, MN 55417 since 12 October 2023 and is currently estimated at $184,036, approximately $223 per square foot. This property was built in 1978. 5545 Chicago Ave Unit 307 is a home located in Hennepin County with nearby schools including Hale Elementary School, Justice Page Middle School, and Washburn High School.

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