20 days on rocket

5044 Thomas Ave S, Minneapolis, MN, 55410

$574,900

Home List Price

$6,827*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,662 SqFt
$346/SqFt
House
Schools Nearby

Location

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5044 Thomas Ave S, Minneapolis$574,900

Buyer Closing Credits

$6,827*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage1 space
Year Built1924
HeatingHot Water
CoolingWindow Unit(s)
BasementYes
FireplaceLiving Room
MLS #6515899
StatusActive

About 5044 Thomas Ave S

Multiple offers of interest and the buyer we chose got cold feet!! Located in the heart of Fulton neighborhood, this gorgeous Mediterranean-style home features 1920's charm infused with clean & modern updates. Loaded with natural light, the upper-level boasts 3 large BR's, updated full bath & access to the deck overlooking the back yard. Seller completed over $120,000 worth of updates without sacrificing the natural glamour. The newer built kitchen & the newly installed 1/2 bath on the main level are fantastic additions. The open & flowing LR/DR & sunroom are magazine ready! New updates include: privacy fence, 10 Anderson windows, back door, sauna heater, steel gutters, chimney rebuild, and structural beams, cement driveway & more! (See supplements) Heated garage!! Amazing location within walking distance to Lake Harriet, Minnehaha Pkwy and all things 50th & France. Buyers and agents to verify all! Information deemed reliable but not guaranteed. Price reduced! Bring all offers!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 1,662 SqFt

Listing Office:

  • Office Name: Re/Max Advantage Plus

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Window Unit(s)

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: France to 50th East to Thomas South to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,900
  • Price Per SqFt: $346/SqFt

Tax Information:

  • Annual Amount: $7,498
  • 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

5044 Thomas Ave S vs Minneapolis

20 DAYS ON ROCKET

-18 Days

$574,900

+$233.6K More

$346/SqFt

+$144 More

KEY TAKEAWAY

This property is $233.6K more than the Median Sold Price and $144/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: #6515899

Listing Office:

  • Office Name: Re/Max Advantage Plus

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Last updated on: 4/29/2024, 4:22:17 PM 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$7,498$549,000
2019$8,118$549,000
2018$7,886$523,000
2017$7,213$480,000

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-3232704
5
/10

  • Anthony Middle School

  • 5757 Irving Ave S

  • 1.14 miles

  • Public District Grades 6-8

High School

school-card-donut-3232705
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 0.64 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 $89,912. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5044 Thomas Ave S

What is the listing price of this property?

The listing price of 5044 Thomas Ave S property is $574,900.

What type of property is this?

The property 5044 Thomas Ave S is a house located in Minneapolis, Minnesota, 55410.

Is this property for sale now?

Active Listing: 5044 Thomas 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 5044 Thomas 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 $7,498 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5044 Thomas Ave S has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5044 Thomas Ave S is 1,662 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5044 Thomas Ave S is 1924.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55410›5044 Thomas Ave S

This home is located at 5044 Thomas Ave S in Minneapolis, MN and zip code 55410 in the Fulton neighborhood. This 1,662 square foot home was built in 1924. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $574,900.

While more than 380 listings in Minneapolis, MN in March 2024 were sold above asking price, there were more than 165 listings sold at asking price, and more than 317 were sold below. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. In March 2024 median list price was $341,287 and the average listing age was 38 days.

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

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