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5332 Drew Avenue South

5332 Drew Avenue South, Minneapolis, MN 55410
Property in Fulton
Sold Feb 16, 2021
$570,000
Buyer
Seller
$456,000 by Bell Bank
Mortgage Due Mar 01, 2051
Sold Jun 22, 2012
$356,000
$302,600 by Bremer Bank Na
Mortgage Due Jul 01, 2042
5332 Drew Avenue South has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1929 and is 95 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5332 Drew Avenue South has 1,447 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,227 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 4, 2021 for $570,000. That's $393.92 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2012 for $356,000. 5332 Drew Avenue South was last assessed in 2022. The total value of the property was assessed at $560,000. Specifically, the land the property is located on was valued at $220,000. While improvements on the property were assessed at a total of $340,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,206. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,050
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,447
  • Building Area: 1,447
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,447
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAWTHORNE PARK 2ND DIV
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 009 006 HAWTHORNE PARK 2ND DIV 40.00 X 128.00

Ownership

  • Current Owner : LUND TRACY
  • Previous Owner : BRENNAN AMBER
  • Owner Before Previous Owner: PECKELS CHAD
  • Owner Before Previous Owner 2: PECKELS REBECCA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 111200

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:22780
  • District: 01
  • Parcel: 17-028-24-33-0152
  • Block: 6
  • Lot: 9
  • Meridian: SEC 17 QTR 33 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9061
  • Longitude: -93.3268

    Address

  • Full Address: 5332 Drew Ave S
  • Address - House Number: 5332
  • Street Segment Direction: S
  • Address - Street Name: Drew
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 2006
  • Zip Code: 55410

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,206

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 602,912
  • High Value: 701,711
  • Low Value: 504,113

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $912,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Loan Amount: $456,000
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Loan Amount: $456,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $560,000
  • Market Land Value: $220,000
  • Market Improvement Value: $340,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $560,000
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $340,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Transaction ID: 11823300120
  • Current Sale Price: $570,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10916977
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Contract Date: Jun 20, 2012
  • Previous Sale Amount: $356,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Feb 16, 2021
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BREMER BANK NA
  • Previous Mortgage Transaction Date: Jun 22, 2012
  • Previous Mortgage Loan Amount: $302,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

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Frequently Asked Questions

What neighborhood is 5332 Drew Avenue South located in?
The 5332 Drew Avenue South is a located in the neighborhood of Fulton in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 5332 Drew Avenue South?
The average sales price for units in 5332 Drew Avenue South is $0 currently.

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