NOT LISTED FOR SALE

5624 Cedar Ave S Minneapolis, MN 55417

Diamond Lake Neighborhood

Estimated Value: $363,888 - $560,000

2 Beds
1 Bath
1,724 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $218,400 $127 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,986/month

123 Days on Market

About This Home

As of December 2013

Each unit has 2 bedrooms and 1 bathroom with unfinished basements. There is room to make each unit a 3 bedroom/2 bathroom by finishing off the basement. Close to the lake, walking/biking paths, MOA, Fat Lorenzo's, 5-8 Club and has easy highway access!!

Last Agent to Sell the Property

Jason Stockwell

RE/MAX Results Listed on: 07/25/2013

Last Buyer's Agent

Shannon Lindstrom

Keller Williams Integrity Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 54x130

Parking

  • 2 Car Garage

Home Design

  • 1,724 Sq Ft Home
  • Duplex
  • Wood Siding
  • Stucco Exterior

Basement

  • Basement Fills Entire Space Under The House
  • Drain

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 166
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 01/24/2014
  • Taxes With Assessments: 5661
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Drainage System
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1724
  • Total Fin Square Footage: 1724

Exterior Features

  • Exterior: Stucco, Wood

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 54x130

Building Info

  • Year Built: 1948

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 5495

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Dec 12, 2013
Sold by
Roche Wendy C
Bought by
Pham Quoc and Dao Tram
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
Shannon Lindstrom
Keller Williams Integrity Realty
List Price
$249,900
Sold Price
$218,400
Premium/Discount to List
-$31,500
-12.61%
Total Days on Market
123
Current Estimated Value
$439,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,322
Avg. Annual Appreciation
6.29%
Original Mortgage
$163,800
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2002
Sold by
Donnelly Mark and Donnelly Jean
Bought by
Larson Scott A and Larson Stacy L
Source: Public Records

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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
Pham Quoc $218,400 Liberty Title Inc
Larson Scott A $239,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Quoc $250,000
Closed Pham Quoc $163,800
Previous Owner Larson Scott A $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $218,400 -12.6% $127 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $249,900 -- $145 / 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 $6,210 $389,000 $116,000 $273,000
2022 $6,268 $384,000 $107,000 $277,000
2021 $6,256 $369,000 $91,000 $278,000
2020 $6,446 $382,500 $97,700 $284,800
2019 $6,418 $364,500 $65,100 $299,400
2018 $5,870 $337,500 $65,100 $272,400
2017 $5,538 $279,500 $59,200 $220,300
2016 $5,703 $279,500 $59,200 $220,300
2015 $5,543 $258,500 $59,200 $199,300
2014 -- $244,500 $59,200 $185,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jason Stockwell

    RE/MAX

  • S

    Buyer's Agent in 2013

    Shannon Lindstrom

    Keller Williams Integrity Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4512266

REALTOR® Association of Southern Minnesota

APN: 23-028-24-14-0047

Minnesota Hennepin County Minneapolis 55417 Diamond Lake

5624 Cedar Ave S, Minneapolis, MN

This home is located at 5624 Cedar Ave S, Minneapolis, MN 55417 since 25 July 2013 and is currently estimated at $439,722, approximately $255 per square foot. This property was built in 1948. 5624 Cedar Ave S is a home located in Hennepin County with nearby schools including Windom Community School, Anthony Middle School, and Southwest Senior 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.

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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