NOT LISTED FOR SALE

5551 2nd Ave S Minneapolis, MN 55419

Diamond Lake Neighborhood

Estimated Value: $317,000 - $384,000

3 Beds
2 Baths
1,534 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $300,000 $196 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,198/month

Highlights

  • Deck
  • No HOA
  • Porch
  • Bonus Room
  • The kitchen features windows
  • Living Room

About This Home

As of March 2023

Charming home, located on a quiet one-way street. Sunny front porch with windows all around. Stainless steel appliances in the kitchen. Main floor bedrooms close by, one with walk in closet. Lower level bedroom could double as a family room, with egress window, and 3/4 bath just outside. Finished attic could be used as an office, playroom, or tv room. Nice, private backyard and deck combined with the sound wall make for a peaceful, quiet retreat. Restaurants and shops are within walking distance in this beautiful neighborhood, near parkway and lakes. Come see it!

Last Agent to Sell the Property

Artemisa Boston

eXp Realty Listed on: 01/17/2023

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1923

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51x128
  • Partially Fenced Property

Parking

  • 1 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Bonus Room

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hortons Sub Diamond Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2202824120087

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,580

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1923
  • Above Grade Finished Sq Ft: 1250
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Partial
  • Appliances: Dryer, Other, Range, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Living Area: 1534
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 284
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bonus Room, Porch, Deck, Family Room

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial
  • ConstructionMaterialsDesc: Other
  • Neighborhood: Diamond Lake

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 220

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 51x128
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2202824120087
  • Tax Annual Amount: 3580
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 22, 2023
Sold by
Napoleon Quinita
Bought by
Hartmann Jacqueline
Seller's Agent
Artemisa Boston
eXp Realty
List Price
$300,000
Sold Price
$300,000
Views
168
Current Estimated Value
$350,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,214
Avg. Annual Appreciation
6.26%
Original Mortgage
$285,000
Outstanding Balance
$276,976
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$73,238

Purchase Details

Closed on
Jul 16, 2021
Sold by
Tichawa Sarah P and Tichawa Nicholas P
Bought by
Napoleon Quinita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Orono Family Properties Llc
Bought by
Tichawa Nicholas P and Tichawa Sarah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,386
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2012
Sold by
Federal National Mortgage Association
Bought by
Family Properties Llc

Purchase Details

Closed on
Sep 23, 2011
Sold by
Reboseno Juan J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 29, 2005
Sold by
Front Porch Properties Llc
Bought by
Martinez Reboseno Juan Jose and Martinez Reboseno Jose

Purchase Details

Closed on
Dec 5, 2005
Sold by
Forsman Shad M
Bought by
Front Porch Properties Llc

Purchase Details

Closed on
Dec 10, 1999
Sold by
Bach David and Bach Narissa
Bought by
Forsman Shad M
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
Hartmann Jacqueline $300,000 Trademark Title
Napoleon Quinita $290,000 Burnet Title
Tichawa Nicholas P $166,400 Burnet Title
Family Properties Llc -- First Financial Title Agency
Federal National Mortgage Association $131,491 --
Martinez Reboseno Juan Jose $180,000 --
Front Porch Properties Llc $140,000 --
Forsman Shad M $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartmann Jacqueline $285,000
Previous Owner Napoleon Quinita $272,500
Previous Owner Tichawa Nicholas P $163,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $300,000 0.0% $196 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $300,000 -- $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
2024 $4,009 $289,000 $106,000 $183,000
2023 $3,760 $298,000 $106,000 $192,000
2022 $3,580 $281,000 $83,000 $198,000
2021 $3,426 $270,000 $68,000 $202,000
2020 $3,673 $267,500 $72,600 $194,900
2019 $3,584 $265,000 $53,500 $211,500
2018 $3,301 $252,500 $53,500 $199,000
2017 $3,079 $215,500 $48,600 $166,900
2016 $2,978 $187,500 $48,600 $138,900
2015 $3,057 $183,500 $48,600 $134,900
2014 -- $160,000 $48,600 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Artemisa Boston

    Seller's Agent in 2023

    Artemisa Boston

    eXp Realty

    (651) 503-2625

    4 in this area

    1,134 Total Sales

    Artemisa Boston
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6324566

NorthstarMLS

APN: 22-028-24-12-0087

Minnesota Hennepin County Minneapolis 55419 Diamond Lake

5551 2nd Ave S, Minneapolis, MN

This home is located at 5551 2nd Ave S, Minneapolis, MN 55419 since 17 January 2023 and is currently estimated at $350,214, approximately $228 per square foot. This property was built in 1923. 5551 2nd Ave S is a home located in Hennepin County with nearby schools including Windom Community School, Anthony Middle School, and Southwest Senior High School.

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