7 months on rocket

4825 Russell Ave S, Minneapolis, MN, 55410

$1,599,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 2 Partial
4,321 SqFt
$370/SqFt
House
Schools Nearby

Location

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4825 Russell Ave S, Minneapolis$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Electric, Garage Door Opener, Storage
Garage2 spaces
Year Built1929
HeatingSteam
CoolingCentral Air
BasementYes
WaterfrontLake
FireplaceGas, Wood Burning
ViewLake, Other
MLS #6419662
StatusActive

About 4825 Russell Ave S

Expertly crafted and lovingly maintained 1929 brick English Tudor on an elevated double lot. 100’ to Lake Harriet! Bike, walk, sail, enjoy concerts and picnics by the lake, Linden Hills dining and shops! Cedar shake roof, refined finishes, architectural details, and spacious rooms throughout. Gracious plan featuring a formal entry hall; elegant living and dining rooms; main floor powder room; large center-island kitchen with breakfast nook and wet bar, wood-paneled library with cozy fireplace and an inviting four-season porch overlooking private gardens. A beautifully appointed staircase leads to four bedrooms and three baths on the upper level featuring a primary suite with seasonal lake views. Great upstairs nanny/guest bedroom with separate staircase. Recreation and living space in the finished lower level with a ½ bath. Grassy backyard surrounded by gardens and wrought-iron fence. 2-car garage with upper-level storage. First time available in 47 years! A home and location to love.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Living Area: 4,321 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Oven, Washer
  • Basement: Yes
  • Fireplace: Gas, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Lake, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Electric, Garage Door Opener, Storage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anthony Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: W Lake Harriet Parkway to Russell Ave S. South on Russell to second home from Pkwy on East side of street. Or 50th St. to Russell Ave S. North on 50th St. to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $370/SqFt

Tax Information:

  • Annual Amount: $18,823
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

4825 Russell Ave S vs Minneapolis

237 DAYS ON ROCKET

+210 Days

$1,599,000

+$1.2M More

$370/SqFt

+$168 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $168/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6419662

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 5/2/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$18,823$1,241,500
2019$20,365$1,241,500
2018$20,932$1,241,500
2017$18,490$1,098,500

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4610605
5
/10
  • Anthony Middle School

  • 5757 Irving Ave S

  • 1.30 miles

  • Public District Grades 6-8

High School

school-card-donut-4610606
5
/10
  • Southwest High School

  • 3414 W 47th St

  • 0.61 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $154,861. The majority of Minneapolis, MN residents have income $200k+ annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4825 Russell Ave S

What is the listing price of this property?

The listing price of 4825 Russell Ave S property is $1,599,000.

What type of property is this?

The property 4825 Russell Ave S is a house located in Minneapolis, Minnesota, 55410.

Is this property for sale now?

Active Listing: 4825 Russell Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4825 Russell Ave S are:
Anthony Middle School: GreatSchools Rating 5/10
Southwest High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,823 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4825 Russell Ave S has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 4825 Russell Ave S is 4,321 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4825 Russell Ave S is 1929.

Rocket HomesMinnesotaHennepin CountyMinneapolis554104825 Russell Ave S

This home is located at 4825 Russell Ave S in Minneapolis, MN and zip code 55410 in the Fulton neighborhood. This 4,321 square foot home was built in 1929. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 08, 2023 and is currently priced at $1,599,000.

Over 519 listings were sold over their listed price in April 2024 in Minneapolis, MN. In the same period over 337 listings were sold below the listed price and 228 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. In April 2024 median list price was $343,683 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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