NOT LISTED FOR SALE

5553 40th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $315,000 - $349,000

3 Beds
1 Bath
1,150 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $163,500 $142 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,093/month

20 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • 1 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Woodwork

About This Home

As of December 2014

Sweet one-owner home that is neat as a pin and well-maintained. Beautiful hardwood on the main level, sun-filled spaces, basement ready to build equity! Across from Morris Park! Needs updating but is a solid home inside and out! Home Warranty provided.

Last Agent to Sell the Property

Laurie Allen

Coldwell Banker Burnet Listed on: 10/24/2014

Last Buyer's Agent

Jodine Williams

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Fenced Yard
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,150 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1902823120144

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,598

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Full
  • Estimated Number of Acres: 0.12
  • Construction: Previously Owned
  • Foundation Size: 840
  • Parcel Number: 1902823120144
  • Projected Closed Date: 12/12/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2598
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 2: Dining Room, 10x8, On Level: Main
  • Room 4: Kitchen, 9x8, On Level: Main
  • Room 5: Bedroom, 10x10, On Level: Main
  • Room 6: Bedroom, 10x10, On Level: Main
  • Room 7: 12x11, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1150
  • Total Fin Square Footage: 1150

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1948

Tax Info

  • Year: 2014
  • Tax Value: 2598

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Lyle Carey Mackenzie
Bought by
Feldmann Heather
Current Estimated Value
$327,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Outstanding Balance
$166,857
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$149,079

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 9, 2014
Sold by
Ryan Phillip Phillip
Bought by
Carey Carey
Seller's Agent
Laurie Allen
Coldwell Banker Burnet
Buyer's Agent
Jodine Williams
Edina Realty, Inc.
List Price
$164,900
Sold Price
$163,500
Premium/Discount to List
-$1,400
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$160,538
Interest Rate
3.89%
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
Feldmann Heather $265,000 Watermark Title Agency
Carey Carey $163,500 --
Feldmann Heather Heather $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldmann Heather $260,200
Closed Feldmann Heather $260,200
Previous Owner Lyle Carey Mackenzie $146,940
Previous Owner Carey Carey $160,538
Closed Feldmann Heather Heather $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $163,500 -0.8% $142 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $164,900 -- $143 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,844 $304,000 $110,000 $194,000
2022 $3,339 $279,000 $94,000 $185,000
2021 $3,274 $254,000 $69,000 $185,000
2020 $3,343 $244,500 $49,200 $195,300
2019 $3,443 $230,500 $32,800 $197,700
2018 $3,095 $230,500 $32,800 $197,700
2017 $3,071 $199,500 $29,800 $169,700
2016 $2,938 $185,000 $29,800 $155,200
2015 $2,553 $172,000 $29,800 $142,200
2014 -- $165,000 $31,100 $133,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Laurie Allen

    Coldwell Banker Burnet

  • J

    Buyer's Agent in 2014

    Jodine Williams

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4687380

REALTOR® Association of Southern Minnesota

APN: 19-028-23-12-0144

Minnesota Hennepin County Minneapolis 55417 Morris Park

5553 40th Ave S, Minneapolis, MN

This home is located at 5553 40th Ave S, Minneapolis, MN 55417 since 24 October 2014 and is currently estimated at $327,837, approximately $285 per square foot. This property was built in 1948. 5553 40th 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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