NOT LISTED FOR SALE

5609 45th Ave S Minneapolis, MN 55417

Morris Park Neighborhood

Estimated Value: $334,000 - $366,000

4 Beds
1 Bath
1,568 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $305,000 $195 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,298/month

Highlights

  • No HOA
  • The kitchen features windows
  • Dining Room
  • Sitting Room
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of October 2022

Your dream kitchen can be found at 5609 45th Ave S. This home checks all of your boxes. The large addition creates a grand living space with an open living room, dining room and kitchen meant for entertaining. No detail in this kitchen was missed between the soft close drawers, pantry equipped with built-in baskets, stainless appliances and clever storage solutions throughout. The combination of original hardwood floors and trim and modern updates, like central air conditioning and vinyl windows, make this home charming and move-in ready. Fully fenced backyard with beautiful privacy fence.

Last Agent to Sell the Property

Bethany Nelson

Keller Williams Premier Realty Lake Minnetonka Listed on: 09/15/2022

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Burke Bolstad

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 1946

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Property is Fully Fenced
  • Privacy Fence

Parking

  • 1 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Minnehaha Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1902823140027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,284

Year Built

Built in 1946

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: 1946
  • Above Grade Finished Sq Ft: 1315
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1568
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 253
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sitting Room
  • SqFtTotal: 1980.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Full, Privacy
  • Neighborhood: Morris Park

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 240

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Tile Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x128
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1902823140027
  • Tax Annual Amount: 4284
  • TaxWithAssessments: 4284.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 18, 2022
Sold by
Subbaraman Alexandra and Subbaraman Andrew
Bought by
Anderson Erik Swen and Nack Kayla
Seller's Agent
Bethany Nelson
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Burke Bolstad
Epique Realty
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$347,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,162
Avg. Annual Appreciation
5.36%
Original Mortgage
$301,950
Outstanding Balance
$292,760
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$61,129

Purchase Details

Closed on
Jul 26, 2017
Sold by
Subbaraman Alexandra
Bought by
Subbaraman Susna E and Subbaraman Chelakara V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2017
Sold by
Borah Jason C and Borah Theresa K
Bought by
Subbaraman Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2008
Sold by
Rivers Marcella R
Bought by
Borah Jason C and Borah Theresa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,775
Interest Rate
6.05%
Mortgage Type
New Conventional
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
Anderson Erik Swen $305,000 --
Subbaraman Susna E -- None Available
Subbaraman Alexandra $275,000 Titlenexus Llc
Borah Jason C $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Erik Swen $301,950
Previous Owner Subbaraman Alexandra $200,000
Previous Owner Borah Theresa K $69,500
Previous Owner Borah Theresa K $150,500
Previous Owner Borah Theresa K $184,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $305,000 +1.7% $195 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $300,000 -- $191 / 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
2023 $4,872 $377,000 $110,000 $267,000
2022 $4,284 $361,000 $94,000 $267,000
2021 $3,679 $317,000 $56,000 $261,000
2020 $3,852 $285,000 $46,500 $238,500
2019 $4,130 $276,500 $31,000 $245,500
2018 $3,513 $276,500 $31,000 $245,500
2017 $3,261 $226,500 $28,200 $198,300
2016 $2,946 $202,000 $28,200 $173,800
2015 $2,742 $182,500 $28,200 $154,300
2014 -- $176,500 $29,900 $146,600
Source: Public Records

Agents Affiliated with this Home

  • Bethany Nelson

    Seller's Agent in 2022

    Bethany Nelson

    Keller Williams Premier Realty Lake Minnetonka

    (763) 257-9770

    5 in this area

    283 Total Sales

    Bethany Nelson
    Section Image
  • Burke Bolstad

    Buyer's Agent in 2022

    Burke Bolstad

    Epique Realty

    (612) 293-5512

    1 in this area

    33 Total Sales

    Burke Bolstad
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6261239

NorthstarMLS

APN: 19-028-23-14-0027

Minnesota Hennepin County Minneapolis 55417 Morris Park

5609 45th Ave S, Minneapolis, MN

This home is located at 5609 45th Ave S, Minneapolis, MN 55417 since 15 September 2022 and is currently estimated at $347,162, approximately $221 per square foot. This property was built in 1946. 5609 45th 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.

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