NOT LISTED FOR SALE

56 Arthur Ave SE Unit Whole House Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $480,000 - $597,000

6 Beds
5 Baths
3,500 Sq Ft
$156/Sq Ft Est. Value

About This Home

Large, newly remodeled, 7 bedroom home has an ideal location within walking distance to the University of Minnesota, Green Line light rail, Dinkytown, bus routes, and other area colleges/businesses. Prospect Park is a historic neighborhood located under the Witch's Hat water tower just off University. This wonderful property is well appointed, and has plenty of space for all your needs.

This home has it all:

- Newly Renovated
- Central Air Conditioning
- Dish Washer
- Forced air heat
- 1/2 block to Light Rail Green Line station
- 3 Season front porch
- 7 large bedrooms
- 3 bathrooms
- Porcelain tiled baths
- 2 fireplaces
- Ice maker
- 4 floors for added privacy
- Large back porch
- Free in-home, full-size washer and dryer
- Free off-street parking for 3+ cars
- Large finished attic
- New appliances
- Formal dining room
- Large open layout basement
- 2 car Garage
- Multiple living areas
- 1 block from multiple bus lines
- Multiple storage areas
- Hardwood floors
- Newer mechanicals
- Fantastic location!
- Fenced in yard
- Steps from Luxton park

This must see home had tons of space and storage. The unique layout allows for lots of possibilities, and many different living configurations.

Availability and Rent:
- 9/1/2025 - 9/1/2026 $3400 per month

Renters pay their own utilities

This house has a fantastic Minneapolis location near the U of M, great features, and is very popular.

Feel free to drive by the property and experience the wonderful neighborhood.

Email me for any questions or to schedule a showing.

I look forward to hearing from you!

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Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Laws and Trevor
Bought by
56 Arthur Llc
Current Estimated Value
$533,257

Purchase Details

Closed on
Jun 24, 2014
Sold by
Accola Luke
Bought by
Laws Stephanie and Laws Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Accola Harlan J and Accola Brenda L
Bought by
Accola Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Accola Harlan J
Bought by
Accola Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Engelhardt David D and Engelhardt Alice M
Bought by
Accola Harlan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Veldman Heiko and Veldman Mark W
Bought by
Engelhardt David D and Engelhardt Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,700
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 1997
Sold by
Carlson Paul Warner and Carlson Deloris Eleanor
Bought by
Veldman Mark W and Veldman Joyce E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
56 Arthur Llc $500 None Listed On Document
Laws Stephanie $337,500 Burnet Title
Accola Luke $314,282 Burnet Title
Accola Luke $314,281 --
Accola Harlan J $297,000 --
Engelhardt David D $350,900 --
Veldman Mark W $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laws Stephanie $257,000
Previous Owner Laws Stephanie $270,000
Previous Owner Accola Harlan J $267,300
Previous Owner Engelhardt David D $280,700
Closed Accola Luke --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Price Changed $3,400 -2.9% $1 / Sq Ft
01/06/2025 01/06/25 For Rent $3,500 -- --

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 $6,767 $515,000 $202,000 $313,000
2022 $6,154 $448,000 $139,000 $309,000
2021 $5,544 $444,000 $141,000 $303,000
2020 $6,008 $414,500 $76,100 $338,400
2019 $5,837 $414,500 $76,100 $338,400
2018 $5,438 $391,000 $76,100 $314,900
2017 $5,243 $340,500 $69,200 $271,300
2016 $4,994 $314,000 $69,200 $244,800
2015 $5,243 $314,000 $69,200 $244,800
2014 -- $285,000 $65,800 $219,200
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55414 Prospect Park

56 Arthur Ave SE Unit Whole House, Minneapolis, MN

This home is located at 56 Arthur Ave SE Unit Whole House, Minneapolis, MN 55414 and is currently estimated at $544,790, approximately $155 per square foot. 56 Arthur Ave SE Unit Whole House is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High 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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