5932 Medicine Lake Rd Minneapolis, MN 55422
Bassett Creek Neighborhood
4
Beds
2.5
Baths
3,163
Sq Ft
9,583
Sq Ft Lot
Highlights
- 2 Fireplaces
- Home Office
- 2 Car Attached Garage
- No HOA
- Sitting Room
- Entrance Foyer
About This Home
As of September 2024Opportunity Knocks! This original owner home is ready for its next life. Located on a quiet, sleepy street steps from Basset Creek Park, this stately 2 story boasts an outstanding floor plan with fun vintage features, great entertaining spaces and everyday living spaces as well as abundant storage. Main floor laundry and powder room as well as a fun family room w/fireplace, walkout to backyard, eat-in kitchen and formal dining, front porch, 4 BR's upstairs including a 3/4 primary suite. Lower-level finished and unfinished spaces. Bring your imagination and appreciation for yesteryear!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,493
Year Built
- Built in 1969
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 80x120
Parking
- 2 Car Attached Garage
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Entrance Foyer
- Family Room
- Sitting Room
- Living Room
- Dining Room
- Home Office
- Storage Room
- Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Lamplighter Square 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2111821330022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Sep 5, 2024
Sold by
Riess David and Reiss Susan
Bought by
Muhammad Bilal and Bernard Janel
Seller's Agent
Sheri Fine
Edina Realty, Inc.
Buyer's Agent
Austin Wohlenhaus
RE/MAX Advantage Plus
List Price
$479,800
Sold Price
$400,000
Premium/Discount to List
-$79,800
-16.63%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,291
Avg. Annual Appreciation
8.45%
Original Mortgage
$382,314
Outstanding Balance
$379,984
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$52,042
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $382,314 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $400,000 | -4.8% | $126 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | Price Changed | $420,000 | -8.7% | $133 / Sq Ft |
| 06/19/2024 06/19/24 | Price Changed | $460,000 | -4.1% | $145 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $479,800 | 0.0% | $152 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $479,800 | -- | $152 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,493 | $470,500 | $124,000 | $346,500 |
| 2022 | $5,788 | $433,000 | $115,000 | $318,000 |
| 2021 | $5,697 | $406,000 | $132,000 | $274,000 |
| 2020 | $5,385 | $392,000 | $122,000 | $270,000 |
| 2019 | $5,290 | $364,000 | $113,000 | $251,000 |
| 2018 | $5,264 | $343,000 | $91,000 | $252,000 |
| 2017 | $5,262 | $330,000 | $93,000 | $237,000 |
| 2016 | $5,399 | $320,000 | $83,000 | $237,000 |
| 2015 | $5,177 | $311,000 | $83,000 | $228,000 |
| 2014 | -- | $300,000 | $81,000 | $219,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sheri Fine
Seller's Agent in 2024
Sheri Fine
Edina Realty, Inc.
(612) 720-2442
1 in this area
226 Total Sales
-
Austin Wohlenhaus
Buyer's Agent in 2024
Austin Wohlenhaus
RE/MAX Advantage Plus
(651) 605-1066
1 in this area
117 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6509454
APN: 21-118-21-33-0022
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