NOT LISTED FOR SALE

5701 Rhode Island Ave N Minneapolis, MN 55428

Broadway Neighborhood

Estimated Value: $296,000 - $327,518

3 Beds
2 Baths
1,910 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $178,000 $93 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,060/month

12 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Detached Garage
  • Patio

About This Home

As of August 2014

Draintile recently installed in bkyrd. Huge kit w/maple cabs, SS applcs, hdwd flrs, newer windows, updated BA's, fenced bkyrd. Open FR down w/new carpet, non conforming 4th BR, newer 3/4 BA, huge concrt drive + overszd 2 car. Must see/flex close.

Last Agent to Sell the Property

Mark Mooney

Edina Realty, Inc. Listed on: 07/09/2014

Co-Listed By

Jeffrey Smart

Edina Realty, Inc.

Last Buyer's Agent

Melvin "Joel" Songstad

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 62x133
  • Fenced Yard
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 0511821320034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,976

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Full, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.19
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1025
  • Parcel Number: 0511821320034
  • Projected Closed Date: 08/11/2014
  • Stories: 1 Story
  • Taxes With Assessments: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 17.6x12, On Level: Main
  • Room 3: Family Room, 25x22, On Level: Lower
  • Room 4: Kitchen, 15x12, On Level: Main
  • Room 5: Bedroom, 11.5x11, On Level: Main
  • Room 6: Bedroom, 12x9.2, On Level: Main
  • Room 7: 11x9.8, On Level: Main
  • Room 9: Den/Office, 10.6x10, On Level: Lower
  • Room 10: Patio, 22x17, On Level: Main
  • Room 11: Laundry Room, 12.10x9, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1035
  • Below Grade Finished Sq Ft: 875
  • Total Fin Square Footage: 1910

Exterior Features

  • Frontage Road: City, Curb/Gutters
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Robbinsdale #281

Lot Info

  • Estimated Lot Dimensions: 62x133
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1959

Tax Info

  • Year: 2014
  • Tax Value: 1976

MLS Schools

  • School District: Robbinsdale #281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Aug 11, 2014
Sold by
Gerken Daniel C and Gerken Jaclyn J
Bought by
Shea Quinn S O
Seller's Agent
Mark Mooney
Edina Realty, Inc.
Buyer's Agent
Melvin "Joel" Songstad
Edina Realty, Inc.
List Price
$179,900
Sold Price
$178,000
Premium/Discount to List
-$1,900
-1.06%
Current Estimated Value
$314,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,130
Avg. Annual Appreciation
5.14%
Original Mortgage
$174,775
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2009
Sold by
White Stephen M and White Caroline L
Bought by
Gerken Daniel C and Gerken Jacklyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2002
Sold by
Faleyeva Ivan and Faleyeva Liliya
Bought by
White Stephen M and White Caroline L

Purchase Details

Closed on
Oct 30, 1998
Sold by
Southerling Michael W and Southerling Donna M
Bought by
Faleyev Ivan and Faleyeva Liliya
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
Shea Quinn S O $178,000 Title One Inc
Gerken Daniel C $183,700 --
White Stephen M $170,000 --
Faleyev Ivan $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oshea Quinn S $90,000
Closed Oshea Quinn S $20,000
Open Oshea Quinn S $167,000
Closed Shea Quinn S O $174,775
Previous Owner Gerken Daniel C $176,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $178,000 -1.1% $93 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $179,900 -- $94 / 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 $3,901 $292,800 $91,000 $201,800
2022 $3,349 $282,000 $90,000 $192,000
2021 $3,126 $248,000 $81,000 $167,000
2020 $3,042 $228,000 $66,000 $162,000
2019 $2,857 $219,000 $67,000 $152,000
2018 $2,657 $199,000 $52,000 $147,000
2017 $2,489 $172,000 $43,000 $129,000
2016 $2,350 $156,000 $35,000 $121,000
2015 $2,127 $145,000 $33,000 $112,000
2014 -- $129,000 $30,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4645838

REALTOR® Association of Southern Minnesota

APN: 05-118-21-32-0034