NOT LISTED FOR SALE

5968 Grass Lake Terrace Minneapolis, MN 55419

Kenny Neighborhood

Estimated Value: $472,000 - $590,986

4 Beds
3 Baths
2,280 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $495,000 $217 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,525/month

21 Days on Market

Highlights

  • Lake View
  • Family Room with Fireplace
  • No HOA
  • Kenny Community School Rated A-
  • Main Floor Primary Bedroom
  • The kitchen features windows

About This Home

As of May 2024

The original owner built this fine home in 1961 in demand Kenny Neighborhood with southern view overlooking Grass Lake. Main level features large living/dining room, eat-in kitchen/family rm, gas fpl, 3 bedrooms (primary br has 3/4 bath), & full bath. Lower level has am. rm with wood burning fpl., bedroom, 3/4 bath, and laundry room area. 2+ garage has ample storage area. Fenced in rear yard, solid mechanicals, brick & stucco exterior. Convenient SW Mpls location with easy access to 62 Crosstown, 35W, 494, and area parks, lakes, shopping, & restaurants. Home is ready for your creative updates.

Last Agent to Sell the Property

Bruce Hendrickson

Edina Realty, Inc. Listed on: 04/04/2024

Edina Realty, Inc.

Last Buyer's Agent

Michael Kaslow

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,137

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Architectural Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Game Room with Fireplace
  • Lake Views
  • Dryer

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service
  • Water Filtration System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2102824310105

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,137

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 1520
  • Water Body Name: Grass Lake (Minneapolis City)
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1520
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Water Filtration System, Indoor Grill, Microwave, Range, Refrigerator, Wall Oven
  • Fireplace Features: Two Sided, Amusement Room, Family Room, Gas, Living Room, Wood Burning
  • Living Area: 2280
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 760
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Architectural Shingle
  • PoolFeatures: None
  • Fencing: Chain Link, Partial
  • View: Lake
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Kenny
  • Lake Acres: 30
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Driveway - Other Surface, Electric, Garage Door Opener, Storage, Tuckunder Garage
  • Garage Square Feet: 532
  • Garage Door Height: 7

Utilities

  • Heating: Baseboard, Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Main Floor Primary Bedroom,Panoramic View,Skylight,In-Ground Sprinkler,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7405
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2102824310105
  • Tax Annual Amount: 7137
  • TaxWithAssessments: 7137.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 22, 2024
Sold by
The Phyllis Engstrom Family Trust Create
Bought by
Albaugh Tara and Albaugh Benjamin
Seller's Agent
Bruce Hendrickson
Edina Realty, Inc.
Buyer's Agent
Michael Kaslow
Coldwell Banker Realty
List Price
$600,000
Sold Price
$495,000
Premium/Discount to List
-$105,000
-17.5%
Views
66
Current Estimated Value
$537,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,747
Avg. Annual Appreciation
5.25%
Original Mortgage
$470,250
Outstanding Balance
$466,200
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$60,413

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 8, 2024
Sold by
Phyllis R Engstrom Revocable Trust and Engstrom Robert E
Bought by
Phyllis Engstrom Family Trust and Engstrom
Seller's Agent
Bruce Hendrickson
Edina Realty, Inc.
Buyer's Agent
Michael Kaslow
Coldwell Banker Realty
List Price
$600,000
Sold Price
$495,000
Premium/Discount to List
-$105,000
-17.5%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Outstanding Balance
$466,200
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$60,413
Source: Public Records

Range of Values:

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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
Albaugh Tara $495,000 --
Phyllis Engstrom Family Trust $500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albaugh Tara $470,250
Previous Owner Hoversten Erik A $286,896
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $495,000 0.0% $217 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $495,000 -17.5% $217 / Sq Ft
04/10/2024 04/10/24 For Sale $600,000 -- $263 / 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 $7,137 $539,000 $219,000 $320,000
2022 $7,150 $513,000 $165,000 $348,000
2021 $6,542 $513,000 $138,000 $375,000
2020 $7,085 $488,500 $158,800 $329,700
2019 $6,945 $488,500 $128,600 $359,900
2018 $6,409 $465,000 $128,600 $336,400
2017 $6,115 $398,500 $116,900 $281,600
2016 $5,806 $369,000 $116,900 $252,100
2015 $6,171 $369,000 $116,900 $252,100
2014 -- $329,500 $107,900 $221,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6513972

NorthstarMLS

APN: 21-028-24-31-0105