8 months on rocket

Sale Pending

5014 1st Ave S, Minneapolis, MN, 55419

$650,000

Home List Price

$7,719*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
4,497 SqFt
$145/SqFt
House
Schools Nearby

Location

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5014 1st Ave S, Minneapolis$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Shared Driveway, Tuckunder Garage
Attached Garage3 spaces
Year Built1913
HeatingSteam
CoolingCentral Air
BasementYes
FireplaceLiving Room, Primary Bedroom
MLS #6411617
StatusSale Pending
(Pending)

About 5014 1st Ave S

Stately, landmark home on a double lot in Tangletown. Space for everyone, whether you work from home, frequently entertain, or need multi-generational living space. The finished, walk out basement can function as a separate suite with its own entrance, bedroom, bathroom, amusement room, and laundry hookup. The upstairs layout could be easily modified to add even more bedrooms. Enjoy your morning coffee sitting near the cozy kitchen hearth, overlooking the private backyard. This home is ideally situated near the creek, walking paths, shops and restaurants in a vibrant neighborhood. A few blocks to Justice Page Middle and Washburn (an I.B. high school). Also served by Burroughs Elementary.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 4,497 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Shared Driveway, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12
  • Ramsey Middle School, Public District Grades 6-8
  • Burroughs Community, Public District Grades KG-5

Other

Directions Information:

  • Directions: 50th Street to 1st Ave, South to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $8,552
  • Tax Year: 2020
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Housing Market Comparison

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

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

5014 1st Ave S vs Minneapolis

258 DAYS ON ROCKET

+220 Days

$650,000

+$308.7K More

$145/SqFt

-$57 Less

KEY TAKEAWAY

This property is $308.7K more than the Median Sold Price and $57/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6411617

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/29/2024, 10:22:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 14, 2014Home Sold
$429,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,552$580,000
2019$10,417$679,000
2018$10,127$646,500
2017$10,394$621,500

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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.

Elementary School

school-card-donut-3391217
9
/10

  • Burroughs Community

  • 1601 W 50th St

  • 1.13 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3391218
5
/10

  • Ramsey Middle School

  • 1 W 49th St

  • 0.14 miles

  • Public District Grades 6-8

High School

school-card-donut-3391219
5
/10

  • Washburn High School

  • 201 W 49th St

  • 0.28 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $138,281. The most common annual income of people living in Minneapolis, MN is $200k+. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5014 1st Ave S

What is the listing price of this property?

The listing price of 5014 1st Ave S property is $650,000.

What type of property is this?

The property 5014 1st Ave S is a house located in Minneapolis, Minnesota, 55419.

Is this property for sale now?

Sale Pending: 5014 1st Ave S is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5014 1st Ave S are:
Burroughs Community: GreatSchools Rating 9/10
Ramsey Middle School: GreatSchools Rating 5/10
Washburn 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 $8,552 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 14, 2014 for $429,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5014 1st Ave S has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5014 1st Ave S is 4,497 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5014 1st Ave S is 1913.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55419›5014 1st Ave S

This home is located at 5014 1st Ave S in Minneapolis, MN and zip code 55419 in the Tangletown neighborhood. This 4,497 square foot home was built in 1913. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 15, 2023 and is currently priced at $650,000.

In March 2024 more than 380 listings in Minneapolis, MN were sold above the asking price. During the same period more than 165 listings were sold at asking price, while more than 317 were sold below. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. While the average time on the market in March 2024 was 38 days, the median list price was $341,287.

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

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