5548 38th Ave S Minneapolis, MN 55417
Morris Park NeighborhoodEstimated Value: $349,000 - $455,346
3
Beds
2
Baths
1,922
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Deck
- 1 Fireplace
- No HOA
- Main Floor Primary Bedroom
- Bonus Room
- Stainless Steel Appliances
About This Home
As of September 2023This home is located at 5548 38th Ave S, Minneapolis, MN 55417 since 21 August 2023 and is currently estimated at $393,587, approximately $204 per square foot. This property was built in 1950. 5548 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,177
Year Built
- Built in 1950
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40x131
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
- Few Trees
Parking
- 1 Car Garage
- Garage Door Opener
- Parking Fee
Home Design
- Flat Roof Shape
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Morris Park 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1902823210217
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2023
Closed on
Sep 29, 2023
Sold by
Bendixen Julie
Bought by
Lafferty Nathan and Lafferty Emily
Seller's Agent
Elizabeth Reynolds
Ruby Realty
Buyer's Agent
Ryan Unterberger
Keller Williams Realty Integrity Lakes
List Price
$374,900
Sold Price
$425,000
Premium/Discount to List
$50,100
13.36%
Total Days on Market
17
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,413
Avg. Annual Appreciation
-4.47%
Original Mortgage
$425,000
Outstanding Balance
$418,521
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$24,934
Purchase Details
Closed on
Nov 15, 2001
Sold by
Tri Jeremy L
Bought by
Bendixen Julie L
Purchase Details
Closed on
Aug 31, 1999
Sold by
Hunter Dean and Hunter Carol A
Bought by
Tri Jeremy L
Purchase Details
Closed on
Jul 23, 1999
Sold by
Hunter Dean and Hunter Carol A
Bought by
Tri Jeremy L
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lafferty Nathan | $425,000 | -- | |
| Bendixen Julie L | $217,500 | -- | |
| Tri Jeremy L | $19,900 | -- | |
| Tri Jeremy L | $133,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lafferty Nathan | $425,000 | |
| Previous Owner | Bendixen Julie L | $118,300 | |
| Previous Owner | Bendixen Julie L | $80,000 | |
| Previous Owner | Bendixen Julie L | $166,696 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $425,000 | +13.4% | $221 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $374,900 | -- | $195 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,478 | $349,000 | $117,000 | $232,000 |
| 2022 | $4,045 | $325,000 | $95,000 | $230,000 |
| 2021 | $3,448 | $301,000 | $68,000 | $233,000 |
| 2020 | $3,500 | $269,000 | $40,700 | $228,300 |
| 2019 | $3,608 | $254,000 | $27,100 | $226,900 |
| 2018 | $3,188 | $254,000 | $27,100 | $226,900 |
| 2017 | $2,854 | $202,000 | $24,600 | $177,400 |
| 2016 | $2,775 | $192,000 | $24,600 | $167,400 |
| 2015 | $2,531 | $169,000 | $24,600 | $144,400 |
| 2014 | -- | $161,200 | $24,600 | $136,600 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Reynolds
Seller's Agent in 2023
Elizabeth Reynolds
Ruby Realty
(612) 251-3371
1 in this area
121 Total Sales
-
Ryan Unterberger
R
Buyer's Agent in 2023
Ryan Unterberger
Keller Williams Realty Integrity Lakes
(612) 361-1690
1 in this area
28 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6421703
APN: 19-028-23-21-0217
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