4 months on rocket

5003 2nd Ave S, Minneapolis, MN, 55419

$795,000

Home List Price

$9,441*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
4,296 SqFt
$185/SqFt
House

Location

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5003 2nd Ave S, Minneapolis$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Detached, Gravel, Garage Door Opener, Storage
Attached Garage5 spaces
Year Built1927
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceBrick, Family Room, Living Room, Wood Burning
MLS #6584178
StatusActive

About 5003 2nd Ave S

Magnificent Spacious Mansion located on a Corner Lot! Reconstructed from Top to Bottom! 5 CAR GARGAGE! Step into This Beautiful Mansion with Gleaming Wood Floors and Built-ins throughout! Gorgeous Staircase leads up to 4 Bedrooms on upper Level. Spectacular Large Modern Kitchen with Huge Marble Island and Counter tops! Old World Charm Dining Room is open to the Kitchen! Spacious Living Room and Sun Room plus a Huge 30 X 21 Entertainment Room! Lower Level Has Recreation Room, Amusement Room! This Amazing Home has been remodeled from top to bottom with ALL permits pulled by the homeowner. All work has passed the Final Inspection by the City of Minneapolis. SELLER will Purchase a Home Warranty for the Buyer up to $800.00. Information deemed reliable - not guaranteed.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 4,296 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Brick, Family Room, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Detached, Gravel, Garage Door Opener, Storage

Lot Features

Lot Information:

  • Lot: Corner Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Cty Rd 25 E, W Lake St and I-35W to Stevens Ave in Mpls. Take exit 13 from I-35 S. Turn left onto E 50th St, turn right at the 1st cross street onto 2nd Ave S. Destination will be on the left corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $185/SqFt

Tax Information:

  • Annual Amount: $9,509
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

5003 2nd Ave S vs Minneapolis

128 DAYS ON ROCKET

+95 Days

$795,000

+$445K More

$185/SqFt

-$17 Less

KEY TAKEAWAY

This property is $445K more than the Median Sold Price and $17/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6584178

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/17/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,509$542,000
2019$8,565$542,000
2018$8,182$516,000
2017$7,967$501,000

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4361677
5
/10

  • Windom Community School

  • 5821 Wentworth Ave

  • 1.11 miles

  • Public Magnet Grades PK-5

school-card-donut-4361678
1
/10

  • Hiawatha Leadership Acdy-Northrop

  • 1611 E 46th St

  • 1.24 miles

  • Public Charter Grades KG-4

school-card-donut-4361679
9
/10

  • Burroughs Community School

  • 1601 W 50th St

  • 1.30 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,463. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5003 2nd Ave S

What is the listing price of this property?

The listing price of 5003 2nd Ave S property is $795,000.

What type of property is this?

The property 5003 2nd Ave S is a house located in Minneapolis, Minnesota, 55419.

Is this property for sale now?

Active Listing: 5003 2nd Ave S is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,509 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5003 2nd Ave S has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5003 2nd Ave S is 4,296 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5003 2nd Ave S is 1927.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55419›5003 2nd Ave S

This home is located at 5003 2nd Ave S in Minneapolis, MN and zip code 55419 in the Field neighborhood. This 4,296 square foot home was built in 1927. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 11, 2024 and is currently priced at $795,000.

In November 2024, from all listings sold in Minneapolis, MN there were more than 283 sold above asking price, over 403 sold below and more than 203 were sold right at the asked price. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. While the average time on the market in November 2024 was 33 days, the median list price was $349,986.

From Rocket Homes Real Estate and based on county public records data.

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