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5225 Division Street

5225 Division Street, Minneapolis, MN 55436
House in Edina
Sold Feb 24, 2021
$410,000
$328,000 by Old National Bank
Mortgage Due Feb 01, 2051
Sold Mar 04, 2016
$337,900
$220,000 by Think Mutual Bank
Mortgage Due Mar 01, 2046
Local assessors in Minneapolis, MN have categorized 5225 Division Street as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 10,454 square feet. The linear feet between the front and back of the lot was measured at 1,660 ft and the front of the lot was measured at 620 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5225 Division Street has a total of 1,500 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a tuck under garage for those who need a place to park their vehicle. The garage on the property is 1,080 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. The building has a gable style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5225 Division Street sold most recently in Jan 29, 2021 for a total of $410,000. If you work out the math, that's approximately a cost of $273.33 per sqft. Before that, the property was also sold for $337,900 in Feb 22, 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 $8,049 in taxes each year. 5225 Division Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $616,600. If we break it down further, the land itself was valued at $318,000. Improvements to the property, however, were assessed at a total of $298,600. 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.

Building Features

Exterior

Wood Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2010
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 360
  • Garage Type: Tuckunder
  • Garage Square Area: 1,080
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,500
  • Gross Building Area: 1,860
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,500
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKSIDE TERRACE
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 021 BROOKSIDE TERRACE 62 X 166

Ownership

  • Current Owner : PHELPS CHASE O
  • Current Owner 2: PHELPS PAUL J
  • Previous Owner : HOANG THU
  • Previous Owner 2: HOANG PLOENA
  • Owner Before Previous Owner: FLUMERFELT RICHARD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edina Public School District
  • School Tax School District: EDINA
  • Census Tract: 023501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:74240
  • District: 24
  • Parcel: 28-117-21-24-0008
  • Lot: 21
  • Meridian: SEC 28 QTR 24 TWN 117 RNG 21
  • Municipality: EDINA
  • Latitude: 44.9167
  • Longitude: -93.3553

    Address

  • Full Address: 5225 Division St
  • Address - House Number: 5225
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1412
  • Zip Code: 55436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,049

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 596,548
  • High Value: 695,039
  • Low Value: 498,056

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $616,600
  • Market Land Value: $318,000
  • Market Improvement Value: $298,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $616,600
  • Assessed Land Value: $318,000
  • Assessed Improvements Value: $298,600

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11824049970
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05806219
  • Previous Sale Recording Date: Mar 04, 2016
  • Previous Sale Contract Date: Feb 22, 2016
  • Previous Sale Amount: $337,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THINK MUTUAL BANK
  • Previous Mortgage Transaction Date: Mar 04, 2016
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Edina



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Frequently Asked Questions

What neighborhood is 5225 Division Street located in?
The 5225 Division Street is a house located in the neighborhood of Edina in Edina, Minneapolis.
What is the average sales price for listings in 5225 Division Street?
The average sales price for units in 5225 Division Street is $0 currently.

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