new - 6 days on rocket

5345 Grand Ave S, Minneapolis, MN, 55419

$750,000

Home List Price

$8,906*

Closing Credit

3 Bedrooms
1 Full Bath
2,214 SqFt
$339/SqFt
House

Location

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5345 Grand Ave S, Minneapolis$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1991
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6637522
StatusActive

About 5345 Grand Ave S

Welcome to a truly one-of-a-kind home nestled on a traditional single block street filled with charming homes. This unique property stands out with its efficiencies due to its more modern build year (1991) and stunning vaulted ceilings that create a sense of openness and natural light. The exterior of the home has brand new siding, roof, skylights, and gutters (fall 2024). Once you step inside, the heart of the home is the outstanding kitchen, remodeled in 2019 by Puustelli with their premium cabinetry from Finland. It features Fisher & Paykel appliances, including a double drawer dishwasher, oven, refrigerator, and induction cooktop. The first floor is ideal for entertaining with its open concept floor plan. The spacious primary bedroom, with a hard to find ensuite bath, is located on the main floor, along with another large bedroom or office and full bathroom. The lower level offers two generously sized bedrooms, one of which is non-conforming which could be a true fourth bedroom with an egress, and is perfect for guests, a home office, or playroom. Enjoy the luxury of newer carpet in both upstairs bedrooms and the common area downstairs. The main floor has engineered wood flooring throughout the living area and the home has fresh paint. Another rare south Minneapolis feature is the newly added mudroom with Puustelli cabinetry storage and VCT tile. The front yard is a gardener's paradise with beautiful landscaping and seating and the backyard is the perfect oasis with a fenced-in yard, an outdoor kitchen that comes with the property, equipped with an infra-red grill, cold water sink, and granite countertops. The home features an oversized one-car garage, a newer asphalt driveway, and fresh exterior paint. You are literally steps away to some of the best local restaurants, coffee shops and 2 blocks to Kowalski's. Additionally, the beautiful Minnehaha Creek and legendary Minnehaha Parkway are also just steps away for peaceful nature walks. Don't miss this rare opportunity to own a modern hard to find high efficiency home in one of Minneapolis' most sought-after neighborhoods. Ask to see the home highlight list.

Property Details

Property Features

Property Information:

  • Year Built: 1991
  • Living Area: 2,214 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Diamond Lake Rd, north on Grand Ave to home on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $339/SqFt

Tax Information:

  • Annual Amount: $6,745
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

5345 Grand Ave S vs Minneapolis

6 DAYS ON ROCKET

-27 Days

$750,000

+$400K More

$339/SqFt

+$137 More

KEY TAKEAWAY

This property is $400K more than the Median Sold Price and $137/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: #6637522

Listing Office:

  • Office Name: Compass

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Last updated on: 12/12/2024, 8:22:49 AM 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 31, 2017Home Sold
$430,000
Jul 05, 2005Home Sold
$410,900
Jun 01, 2000Home Sold
$255,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,745$503,000
2019$6,395$441,000
2018$6,273$420,000
2017$5,537$368,500

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-2113028
5
/10
  • Windom Community School

  • 5821 Wentworth Ave

  • 0.63 miles

  • Public Magnet Grades PK-5

school-card-donut-2113029
9
/10
  • Kenny Community School

  • 5720 Emerson Ave S

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-2113030
9
/10
  • Burroughs Community School

  • 1601 W 50th St

  • 0.91 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,645. Typical income of Minneapolis, MN residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5345 Grand Ave S

What is the listing price of this property?

The listing price of 5345 Grand Ave S property is $750,000.

What type of property is this?

The property 5345 Grand Ave S is a house located in Minneapolis, Minnesota, 55419.

Is this property for sale now?

Active Listing: 5345 Grand 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 $6,745 (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 31, 2017 for $430,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5345 Grand Ave S has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5345 Grand Ave S is 2,214 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5345 Grand Ave S is 1991.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55419›5345 Grand Ave S

This home is located at 5345 Grand Ave S in Minneapolis, MN and zip code 55419 in the Tangletown neighborhood. This 2,214 square foot home was built in 1991. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $750,000.

While more than 283 listings in Minneapolis, MN in November 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 403 were sold below. 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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