20 days on rocket

5225 42nd Ave S, Minneapolis, MN, 55417

$205,000

Home List Price

$2,434*

Closing Credit

1 Bedroom
1 Full Bath
819 SqFt
$250/SqFt
House

Location

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5225 42nd Ave S, Minneapolis$205,000

Buyer Closing Credits

$2,434*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage Door Opener
Garage1 space
Year Built1924
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6614355
StatusActive

About 5225 42nd Ave S

This cute one level home is ready for its new owner. Bring your design ideas to turn this house in this sought-after neighborhood in MPLS to YOUR place to call home. Newer furnace, AC and electrical panel (2018). Just add an egress to convert the non-conforming room into a bedroom in the lower level. The loft offers an open storage space. Quick close possible.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 819 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on Hwy 55. Right onto E 50th street. Left onto 40th Ave S

Price Information

Listing Price Info

Price Summary:

  • List Price: $205,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $1,894
  • 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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

5225 42nd Ave S vs Minneapolis

20 DAYS ON ROCKET

-14 Days

$205,000

-$144.8K Less

$250/SqFt

+$48 More

KEY TAKEAWAY

This property is $144.8K less than the Median Sold Price and $48/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6614355

Listing Office:

  • Office Name: Realty Group LLC

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:22:47 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$1,894$161,500
2019$2,160$130,620
2018$2,006$115,360
2017$1,774$99,010

History based on county public records data.

Payment Calculator

$1,091

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$681

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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-650920
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 1.33 miles

  • Public District Grades KG-5

school-card-donut-650921
8
/10

  • Horace Mann School

  • 2001 Eleanor Ave

  • 1.59 miles

  • Public District Grades KG-5

school-card-donut-650922
10
/10

  • Jie Ming Mandarin Immersion Academy

  • 1845 Sheridan Ave

  • 1.70 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,670. The majority of Minneapolis, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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 5225 42nd Ave S

What is the listing price of this property?

The listing price of 5225 42nd Ave S property is $205,000.

What type of property is this?

The property 5225 42nd Ave S is a house located in Minneapolis, Minnesota, 55417.

Is this property for sale now?

Active Listing: 5225 42nd 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 $1,894 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5225 42nd Ave S has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5225 42nd Ave S is 819 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5225 42nd Ave S is 1924.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5225 42nd Ave S

This home is located at 5225 42nd Ave S in Minneapolis, MN and zip code 55417 in the Sunrise Park neighborhood. This 819 square foot home was built in 1924. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $205,000.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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