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5740 12th Ave S, Minneapolis, MN, 55417

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
2 Full Baths
1,857 SqFt
$202/SqFt
House

Location

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5740 12th Ave S, Minneapolis$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1940
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceLiving Room
MLS #6569866
StatusActive

About 5740 12th Ave S

This charming story and a half in Diamond Lake neighborhood will capture your heart. The beautiful brick front is low maintenance and has that 1940s charm. Come in the separate front entry into the open living rm complete with wood burning fireplace with stone surround. The Dining rm flows from the lv rm with the open layout. The cozy kitchen with original cabinetry looks out to the multiple gardens in back. There are well proportioned main floor bedrooms separated by a well preserved original tiled bathroom from the 40s. The hrdwd floors have been well maintained for yrs. Up there is a primary suite that has a blt-in desk, closet, ceiling height, views out 3 sides of the home, plenty of storage in the upstairs hallway as well. The finished basement with LVT flrs and a large full newer('08) bathrm is a huge space to use for home office, movie rm and play space - plenty of options! The 1 car garage is new ('16) with addtl prking space that owners use as a covered patio. Other upgrades: new roof '21, copper piping in most H2O line in hm'08, sump system'08, full bsmnt remodel'08, brand new furnace10/24, H2O htr(5 yrs). Right around the corner is 45 acres of Edward C Solomon Park on 58th. Stop by when you come look at the house, it is massive and the plans to improve it leave most of the open spaces for kite flying, impromptu and the existing archery intact, but adds trails, group picnic shelters and a dog park. It is a truly awesome amenity in a city this large and it is so close to your new home!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 1,857 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Crosstown to Portland, North to 58th, East to 12th Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $202/SqFt

Tax Information:

  • Annual Amount: $4,446
  • 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

5740 12th Ave S vs Minneapolis

10 DAYS ON ROCKET

-24 Days

$375,000

+$25.1K More

$202/SqFt

-$0 Less

KEY TAKEAWAY

This property is $25.1K more than the Median Sold Price and $0/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: #6569866

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/4/2024, 3:22:49 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$4,446$338,000
2019$4,815$331,180
2018$4,702$313,740
2017$4,340$287,580

History based on county public records data.

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$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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.

High School

school-card-donut-1639772
7
/10

  • Washburn High School

  • 201 W 49th St

  • 1.59 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,012. Residents of Minneapolis, MN typically earn between $35k-100k each year. 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 5740 12th Ave S

What is the listing price of this property?

The listing price of 5740 12th Ave S property is $375,000.

What type of property is this?

The property 5740 12th Ave S is a house located in Minneapolis, Minnesota, 55417.

Is this property for sale now?

Active Listing: 5740 12th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5740 12th Ave S are:
Washburn High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,446 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5740 12th Ave S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5740 12th Ave S is 1,857 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5740 12th Ave S is 1940.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5740 12th Ave S

This home is located at 5740 12th Ave S in Minneapolis, MN and zip code 55417 in the Diamond Lake neighborhood. This 1,857 square foot home was built in 1940. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $375,000.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

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

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