See Home Value
$352,539*
House - Off Market

5516 24th Avenue S

Minneapolis, MN 55417
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2204 Sqft
$324,000 - $396,000
Reference Base Price*
-2.07%
Since Sep 1, 2023
MN-Minneapolis
Primary Model
Sold Aug 16, 2023
$416,500
$354,025 by Pennymac Loan Services Llc
Mortgage Due Sep 01, 2053
Sold Jun 22, 2023
$416,500
$354,025
Mortgage

About This Property

This charming 3bd 2ba, 1.5 story home is nestled in the desirable Keewaydin neighborhood just blocks from Lake Nokomis. Step inside to newly refinished hardwood floors and a blend of both modern and classic features throughout. The updated kitchen boasts white enameled full height cabinets, granite countertops, subway tile backsplash, and a gas range with adjacent informal dining. Two bedrooms are located on the main level, each with ceiling fans. The spacious third bedroom is located upstairs and features wood laminate flooring, ceiling fan, stylish accent wall, walk-in closet, and extra storage. Nicely finished basement is perfect for hosting movie nights or entertaining and features a bar, tile floors, and wainscoting, along with plenty of storage spa. New furnace in 2020. Outside you'll find a rare 2.5 car garage, fenced yard, and new concrete sidewalks. This unrivaled location puts you close to some of the city's most loved restaurants, cafes, bike trails and scenery!

The manager has listed the unit size as 2204 square feet.
Unit Size
2,204Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$163
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

Price History

Date / Event Date Event Price
Aug 16, 2023 Sold to Daniel Hoban $416,500
Sold to Daniel Hoban
Aug 10, 2023 No longer available -
No longer available
Jun 22, 2023 Sold to Daniel Hoban $416,500
Sold to Daniel Hoban
Jun 5, 2023 In contract -
In contract
May 31, 2023 Listed $360,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 852
  • 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: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE NOKOMIS SHORES
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 012 LAKE NOKOMIS SHORES 40.00 X 128.00

Ownership

  • Current Owner : HOBAN DANIEL
  • Previous Owner : NUTHALS ABBIE MCGUIRE
  • Previous Owner 2: NUTHALS BENJAMIN ALLAN
  • Owner Before Previous Owner: NUTHALS ABBIE
  • Owner Before Previous Owner 2: NUTHALS BENJAMIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 011800

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:19790
  • District: 01
  • Parcel: 24-028-24-21-0077
  • Block: 12
  • Lot: 5
  • Meridian: SEC 24 QTR 21 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9029
  • Longitude: -93.2378

    Address

  • Full Address: 5516 24th Ave S
  • Address - House Number: 5516
  • Street Segment Direction: S
  • Address - Street Name: 24th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 1912
  • Zip Code: 55417

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,238

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 378,460
  • High Value: 439,952
  • Low Value: 316,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $354,025
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Aug 16, 2023
  • First Open Lien Mortgage Loan Amount: $354,025
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $321,000
  • Market Land Value: $106,000
  • Market Improvement Value: $215,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $321,000
  • Assessed Land Value: $106,000
  • Assessed Improvements Value: $215,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Transaction ID: 11912257750
  • Current Sale Price: $416,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6030288
  • Previous Sale Recording Date: Jun 22, 2023
  • Previous Sale Contract Date: Jun 22, 2023
  • Previous Sale Amount: $416,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Aug 16, 2023
  • First Mortgage Loan Amount: $354,025
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jun 22, 2023
  • Previous Mortgage Loan Amount: $354,025
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,939 ft²
$160/ft²
$309,900 Apr 18, 2023
-
-

About Nokomis


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Frequently Asked Questions

When was property at 5516 24th Avenue South built and last sold?
The property at 5516 24th Avenue South was built in 1947 and last sold on Jun 22, 2023 for $416,500.
How much is this home worth?
The estimated value of the home located at 5516 24th Avenue South is $371,988.
What are some comparable homes to 5516 24th Avenue South?
Homes that are comparable to 5516 24th Avenue South include a house property at 5744 21st Avenue South, located in Minneapolis, MN.

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