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5529 Portland Avenue

5529 Portland Avenue, Minneapolis, MN 55417
Property in Diamond Lake
Sold Apr 25, 2022
$3,000
Sold Oct 10, 2019
$475,000
$380,000 by Alerus Financial Na
Mortgage Due Oct 01, 2049
5529 Portland Avenue in Minneapolis, MN was first built in 1940 and is 84 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5529 Portland Avenue has 1,334 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 610 ft and the linear feet between the front and back of the lot is 1,130. In total, the area measurement of the land is 6,970 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 alum/vinyl siding. 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. The property was last sold in Apr 22, 2022 for $3,000. That's $2.25 per sqft. Prior to that sales transaction, the property was also sold in Sep 19, 2019 for $475,000. 5529 Portland Avenue was last assessed in 2022. The total value of the property was assessed at $469,000. Specifically, the land the property is located on was valued at $154,000. While improvements on the property were assessed at a total of $315,000. 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 $6,357. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,334
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,334
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK AVE TERRACE
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 015 004 PARK AVE TERRACE 61.00 X 113.00

Ownership

  • Current Owner : STANLEY K HALFMANN LIVING TRUST
  • Previous Owner : KENT HALFMANN STANLEY
  • Owner Before Previous Owner: ANDERSON GARY R
  • Owner Before Previous Owner 2: WAGNER JACK C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 012003

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:23670
  • District: 01
  • Parcel: 23-028-24-22-0086
  • Block: 4
  • Lot: 15
  • Meridian: SEC 23 QTR 22 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9022
  • Longitude: -93.2661

    Address

  • Full Address: 5529 Portland Ave
  • Address - House Number: 5529
  • Address - Street Name: Portland
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C009
  • 4-Digit Zip Code: 2442
  • Zip Code: 55417

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,357

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 525,730
  • High Value: 611,486
  • Low Value: 439,974

    Market Valuation

  • Market Total Value: $469,000
  • Market Land Value: $154,000
  • Market Improvement Value: $315,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $469,000
  • Assessed Land Value: $154,000
  • Assessed Improvements Value: $315,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11888238538
  • Current Sale Price: $3,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5939546
  • Previous Sale Recording Date: Oct 10, 2019
  • Previous Sale Contract Date: Sep 19, 2019
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALERUS FINANCIAL NA
  • Previous Mortgage Transaction Date: Oct 10, 2019
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Nokomis



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Unit for rent at 4738 Grand Ave S, Minneapolis, MN, 55429

$2,080 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
4738 Grand Ave S #207, Minneapolis, MN, 55429 Listing by Lucas McDonough

Frequently Asked Questions

What neighborhood is 5529 Portland Avenue located in?
The 5529 Portland Avenue is a located in the neighborhood of Diamond Lake in Nokomis, Minneapolis.
What is the average sales price for listings in 5529 Portland Avenue?
The average sales price for units in 5529 Portland Avenue is $0 currently.

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