NOT LISTED FOR SALE

5548 Thomas Ave S Minneapolis, MN 55410

Armatage Neighborhood

Estimated Value: $572,000 - $712,015

4 Beds
2 Baths
2,537 Sq Ft
$248/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2024

Last sale price $570,000 $225 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,177 / mo

68 Days on Market

Highlights

  • 3 Fireplaces
  • No HOA
  • Home Gym
  • Armatage Elementary School Rated A-
  • Game Room
  • Den

About This Home

As of October 2024

This wonderfully updated home is an entertainer's dream! Situated on a corner lot in highly-desirable Armatage neighborhood, this home is made for modern living. High-end addition off the back added ~750 sq feet of living space, including a massive kitchen with granite tops, custom cabinets, and walk-in pantry. Kitchen overlooks the new dining area and sitting room with gas fireplace. This space also opens to a private oasis out back; stamped concrete patio with cedar Pergola. Upper level primary suite is a serene retreat with a walk-in closet, en-suite full bathroom, and office nook. Spacious basement offers tons of versatility, with a generous family room decked out with custom woodwork along with space for a home office, a work-out room and additional bedroom.

Last Agent to Sell the Property

Jonathan Peterson

RE/MAX Results Listed on: 08/14/2024

RE/MAX Results

Last Buyer's Agent

Barbara Brandt

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,570

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 46x127
  • Property is Fully Fenced
  • Wood Fence
  • Many Trees

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Game Room
  • Home Gym
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Harriet Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2002824120147

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,570

Year Built

Built in 1947

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 1720
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 2537
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 817
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Den, Bedroom 1, Bedroom 2, Bedroom 3, Amusement Room, Bedroom 4, Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: Full, Wood
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Armatage

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • 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),Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 46x127
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2002824120147
  • Tax Annual Amount: 6570
  • TaxWithAssessments: 6570.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 23, 2024
Sold by
Bought by
Seller's Agent
Jonathan Peterson
RE/MAX Results
Buyer's Agent
Barbara Brandt
Edina Realty, Inc.
List Price
$565,000
Sold Price
$570,000
Premium/Discount to List
$5,000
0.88%
Views
46
Current Estimated Value
$630,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,254
Avg. Annual Appreciation
6.02%
Original Mortgage
$427,500
Interest Rate
0.0488%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Bought by

Purchase Details

Closed on
May 16, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$570,000 Land Title
$350,000 --
$160,155 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $427,500
Previous Owner $238,000
Previous Owner $256,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $570,000 +0.9% $225 / Sq Ft
08/15/2024 08/15/24 For Sale $565,000 -- $223 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,021 $569,300 $229,000 $340,300
2024 $8,067 $536,000 $229,000 $307,000
2023 $6,673 $510,000 $240,000 $270,000
2022 $6,728 $500,000 $223,000 $277,000
2021 $6,501 $485,500 $157,000 $328,500
2020 $7,041 $485,500 $103,400 $382,100
2019 $6,908 $485,500 $103,400 $382,100
2018 $6,148 $462,500 $103,400 $359,100
2017 $6,033 $379,000 $94,000 $285,000
2016 $5,974 $364,500 $94,000 $270,500
2015 $6,051 $353,000 $94,000 $259,000
2014 -- $332,500 $83,100 $249,400
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Peterson

    Seller's Agent in 2024

    Jonathan Peterson

    RE/MAX Results

    (651) 324-6768

    1 in this area

    107 Total Sales

    Jonathan Peterson
    Section Image
  • Barbara Brandt

    Buyer's Agent in 2024

    Barbara Brandt

    Edina Realty, Inc.

    (952) 564-7703

    4 in this area

    60 Total Sales

    Barbara Brandt
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6586206

NorthstarMLS

APN: 20-028-24-12-0147

Minnesota Hennepin County Minneapolis 55410 Armatage

5548 Thomas Ave S, Minneapolis, MN

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.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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