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5545 42nd Ave S, Minneapolis, MN, 55417

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
1 Full Bath
1,002 SqFt
$250/SqFt
House

Location

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5545 42nd Ave S, Minneapolis$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1927
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6630675
StatusActive

About 5545 42nd Ave S

This 2 bed/1 bath home is located in a quaint neighborhood and has a 2 stall detatched garage with extra concrete parking! The unfinished lower level includes a partially finished bathroom and could easily be updated to build equity as an additional family room. You'll love the front 3 season porch! Come see it today!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 1,002 SqFt

Listing Office:

  • Office Name: Prandium Group Real Estate

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 55th Street to 42nd Avenue, to the home.

Price Information

Listing Price Info

Price Summary:

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

Tax Information:

  • Annual Amount: $2,681
  • 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

5545 42nd Ave S vs Minneapolis

1 DAY ON ROCKET

-32 Days

$250,000

-$99.9K Less

$250/SqFt

+$48 More

KEY TAKEAWAY

This property is $99.9K 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: #6630675

Listing Office:

  • Office Name: Prandium Group Real Estate

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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: 12/11/2024, 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$2,681$216,000
2019$2,942$185,120
2018$3,035$185,120
2017$2,698$161,140

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-2002482
10
/10

  • Jie Ming Mandarin Immersion Academy

  • 1845 Sheridan Ave

  • 1.65 miles

  • Public Magnet Grades KG-5

school-card-donut-2002483
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 1.69 miles

  • Public District Grades KG-5

school-card-donut-2002484
8
/10

  • Horace Mann School

  • 2001 Eleanor Ave

  • 1.86 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 $50,617. Most Minneapolis, MN residents have annual incomes between $35k-100k. The majority of families are 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 5545 42nd Ave S

What is the listing price of this property?

The listing price of 5545 42nd Ave S property is $250,000.

What type of property is this?

The property 5545 42nd Ave S is a house located in Minneapolis, Minnesota, 55417.

Is this property for sale now?

Active Listing: 5545 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 $2,681 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5545 42nd Ave S has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5545 42nd Ave S is 1,002 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5545 42nd Ave S is 1927.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5545 42nd Ave S

This home is located at 5545 42nd Ave S in Minneapolis, MN and zip code 55417 in the Morris Park neighborhood. This 1,002 square foot home was built in 1927. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $250,000.

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. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

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

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