Coming Soon

516 6th Ave SE, Minneapolis, MN, 55414

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
2 Full Baths
2,940 SqFt
$187/SqFt
House

Location

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516 6th Ave SE, Minneapolis$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway - Other Surface
Year Built1900
HeatingSteam, Hot Water
CoolingCentral Air
BasementYes
FireplaceLiving Room, Wood Burning
MLS #6638055
Active DateDecember 19, 2024
StatusComing Soon

About 516 6th Ave SE

Beautiful 4 bedroom home in the 5th Street Historic District in the Marcy Holmes neighborhood. Gracious old world style: high ceilings, fireplace, large spacious rooms. Move in ready. Located on 6th Avenue Bike Trail. Walk to Stone Arch Bridge, Marcy Open School and restaurant Alma and Brass.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,940 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Disposal
  • Basement: Yes
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway - Other Surface

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Steam, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 35W to University/4th St exit, west on 4th St to 6th Ave SE, north to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $6,313
  • 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

516 6th Ave SE vs Minneapolis

$550,000

+$200K More

$187/SqFt

-$15 Less

KEY TAKEAWAY

This property is $200K more than the Median Sold Price and $15/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: #6638055

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/18/2024, 9:22:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 06, 2016Home Sold
$384,900

Tax History

YEARPROP. TAXASSESSMENT
2020$6,313$472,000
2019$6,841$472,000
2018$7,046$472,000
2017$6,272$417,500

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-97716
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-97717
1
/10

  • Sheridan Elementary School

  • 1201 University Ave NE

  • 1.26 miles

  • Public Magnet Grades PK-5

school-card-donut-97718
2
/10

  • Banaadir Elementary School

  • 1800 2nd St NE

  • 1.76 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,596. Typical income of Minneapolis, MN residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 6th Ave SE

What is the listing price of this property?

The listing price of 516 6th Ave SE property is $550,000.

What type of property is this?

The property 516 6th Ave SE is a house located in Minneapolis, Minnesota, 55414.

Is this property for sale now?

Coming Soon: 516 6th Ave SE is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,313 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 6, 2016 for $384,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 6th Ave SE has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 6th Ave SE is 2,940 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 6th Ave SE is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55414›516 6th Ave SE

This home is located at 516 6th Ave SE in Minneapolis, MN and zip code 55414 in the University neighborhood. This 2,940 square foot home was built in 1900. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $550,000.

Over 283 listings were sold over their listed price in November 2024 in Minneapolis, MN. In the same period over 403 listings were sold below the listed price and 203 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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