NOT LISTED FOR SALE

8031 5th St NE Minneapolis, MN 55432

Estimated Value: $299,000 - $313,131

3 Beds
2 Baths
1,538 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $290,000 $189 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,933/month

7 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of June 2024

Welcome to this beautiful one level living home in Spring Lake Park! This beautiful and bright 3 bed home has a newer furnace/water heater, newer roof and recently installed central air. The spacious fenced yard includes a well maintained deck and 2 storage sheds for all of your tools and toys! Super easy access to highways & shopping makes the location a huge bonus. Don't miss out on a great opportunity to get into this well maintained home!

Last Agent to Sell the Property

Collin Anderson

RE/MAX Results Listed on: 05/15/2024

RE/MAX Results

Co-Listed By

Team Freeburg

RE/MAX Results

Last Buyer's Agent

Timothy Luedtke

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 78x129
  • Chain Link Fence

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ferndale Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023024310059

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,671

Year Built

Built in 1955

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: 1955
  • Above Grade Finished Sq Ft: 1538
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1538
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 294

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Natural Woodwork

Schools

  • Junior High Dist: Spring Lake Park
  • SchoolDistrictNumber: 16
  • SchoolDistrictPhone: 763-786-5570

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 78x129
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Stucco, Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 023024310059
  • Tax Annual Amount: 2671
  • TaxWithAssessments: 2671.9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 24, 2024
Sold by
Manning Noah and Manning Brittany
Bought by
Barnick Patrick and Werner Skyler
Seller's Agent
Collin Anderson
RE/MAX Results
Buyer's Agent
Timothy Luedtke
List Price
$279,900
Sold Price
$290,000
Premium/Discount to List
$10,100
3.61%
Views
22
Current Estimated Value
$307,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,044
Avg. Annual Appreciation
4.92%
Original Mortgage
$284,747
Outstanding Balance
$281,658
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$25,386

Purchase Details

Closed on
Apr 6, 2021
Sold by
Walker Jamal and Taormina Zenaida
Bought by
Manning Noah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2018
Sold by
Nelson Jason R and Nelson Jessica M
Bought by
Walker Jamal and Taormina Zenaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bank Of Ny Mellon
Bought by
Nelson Jason R and Nelson Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
5.32%
Mortgage Type
VA

Purchase Details

Closed on
Apr 29, 2002
Sold by
Brothen Kent W and Brothen Laurie
Bought by
Henderson Craig T
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
Barnick Patrick $290,000 --
Manning Noah $250,000 Dca Title
Walker Jamal $205,000 Dca Title
Nelson Jason R $105,000 --
Henderson Craig T $1,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnick Patrick $284,747
Previous Owner Manning Noah $242,500
Previous Owner Walker Jamal $201,286
Previous Owner Nelson Jason R $107,250
Previous Owner Shogren Sarah J $35,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $290,000 +3.6% $189 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $279,900 -- $182 / 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
2025 $3,163 $278,400 $78,800 $199,600
2024 $3,163 $280,500 $85,100 $195,400
2023 $2,730 $262,300 $66,700 $195,600
2022 $2,659 $266,700 $59,300 $207,400
2021 $2,499 $219,300 $53,300 $166,000
2020 $2,688 $207,500 $52,000 $155,500
2019 $2,477 $209,200 $60,000 $149,200
2018 $2,222 $190,500 $0 $0
2017 $1,878 $164,900 $0 $0
2016 $1,870 $138,500 $0 $0
2015 $1,708 $138,500 $47,300 $91,200
2014 -- $136,500 $55,700 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6532739

NorthstarMLS

APN: 02-30-24-31-0059