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5151 Morgan Avenue South

5151 Morgan Avenue South, Minneapolis, MN 55419
Property in Lynnhurst
Sold Apr 20, 2020
$649,900
$510,500 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2040
Sold Jun 22, 2016
$545,000
$314,465 by Alerus Mortgage
Mortgage Due Jul 01, 2046
5151 Morgan Avenue South in Minneapolis, MN was first built in 1948 and is 76 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5151 Morgan Avenue South has 1,860 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5151 Morgan Avenue South sold most recently in Mar 30, 2020 for a total of $649,900. If you work out the math, that's approximately a cost of $349.41 per sqft. Before that, the property was also sold for $545,000 in Jun 15, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,089 in taxes each year. 5151 Morgan Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $662,000. If we break it down further, the land itself was valued at $355,000. Improvements to the property, however, were assessed at a total of $307,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 951
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,860
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THORNTON PARK 2ND DIV
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 008 THORNTON PARK 2ND DIV N 30 FT OF LOT 17 AND S 20 FT OF LOT 18 LOTS 17 AND 18 50.00 X 127.00

Ownership

  • Current Owner : WOZNIAK ABIGALL K
  • Current Owner 2: WOZNIAK NEAL J
  • Previous Owner : LANGER RICHARD E
  • Previous Owner 2: LANGER CHRISTELLE E
  • Owner Before Previous Owner: LANGFELDT JOEY P
  • Owner Before Previous Owner 2: LANGFELDT MARY T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 111300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:24410
  • District: 01
  • Parcel: 16-028-24-32-0168
  • Block: 8
  • Lot: 17-18
  • Meridian: SEC 16 QTR 32 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.909
  • Longitude: -93.3045

    Address

  • Full Address: 5151 Morgan Ave S
  • Address - House Number: 5151
  • Street Segment Direction: S
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1025
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,089

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 749,066
  • High Value: 871,389
  • Low Value: 626,743

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 20, 2020
  • First Open Lien Mortgage Loan Amount: $510,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2040

    Market Valuation

  • Market Total Value: $662,000
  • Market Land Value: $355,000
  • Market Improvement Value: $307,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $662,000
  • Assessed Land Value: $355,000
  • Assessed Improvements Value: $307,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2020
  • Current Sale Recording Date: Apr 20, 2020
  • Current Sale Transaction ID: 11755404780
  • Current Sale Price: $649,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10777531
  • Previous Sale Recording Date: Jun 22, 2016
  • Previous Sale Contract Date: Jun 15, 2016
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 20, 2020
  • First Mortgage Loan Amount: $510,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: ALERUS MORTGAGE
  • Previous Mortgage Transaction Date: Jun 22, 2016
  • Previous Mortgage Loan Amount: $314,465
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Southwest Minneapolis



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$1,340 /mo

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4738 Grand Ave S #301, Minneapolis, MN, 55419 Listing by Lucas McDonough

Frequently Asked Questions

What neighborhood is 5151 Morgan Avenue South located in?
The 5151 Morgan Avenue South is a located in the neighborhood of Lynnhurst in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 5151 Morgan Avenue South?
The average sales price for units in 5151 Morgan Avenue South is $0 currently.

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