NOT LISTED FOR SALE

5548 1/2 38th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $539,000 - $608,262

4 Beds
4 Baths
2,667 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 5548 1/2 38th Ave S, Minneapolis, MN 55417 and is currently estimated at $572,316, approximately $214 per square foot. 5548 1/2 38th 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Franke John R and Franke Katherine P
Bought by
Mohamud Zamzam
Current Estimated Value
$572,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$367,625
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$204,691

Purchase Details

Closed on
Mar 11, 2016
Sold by
5548 Partners Llc
Bought by
Franke John R and Franke Katharine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,920
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2014
Sold by
Bendixen Julie L
Bought by
5548 Partners Llc

Purchase Details

Closed on
Nov 15, 2001
Sold by
Tri Jeremy L
Bought by
Bendixen Julie L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mohamud Zamzam $500,000 Legacy Title
Franke John R $369,900 Watermark Title Agency
5548 Partners Llc $60,000 Watermark Title Agency Llc
Bendixen Julie L $217,500 --
Mohamud Zamzam Zamzam $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohamud Zamzam $400,000
Previous Owner Franke John R $275,000
Previous Owner Franke John R $295,920
Closed Mohamud Zamzam Zamzam $495,000
Source: Public Records

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 $7,886 $586,000 $117,000 $469,000
2022 $7,693 $550,000 $95,000 $455,000
2021 $6,728 $545,000 $71,000 $474,000
2020 $6,802 $502,000 $41,600 $460,400
2019 $6,669 $469,000 $27,700 $441,300
2018 $5,711 $446,500 $27,700 $418,800
2017 $5,560 $365,000 $25,200 $339,800
2016 $487 $25,200 $25,200 $0
2015 $420 $25,200 $25,200 $0
2014 -- $25,200 $25,200 $0
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55417 Morris Park

5548 1/2 38th Ave S, Minneapolis, MN

This home is located at 5548 1/2 38th Ave S, Minneapolis, MN 55417 and is currently estimated at $572,316, approximately $214 per square foot. 5548 1/2 38th 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.

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