11 days on rocket

5049 Vincent Ave N, Minneapolis, MN, 55430

$200,000

Home List Price

$2,375*

Closing Credit

2 Bedrooms
1 Full Bath
675 SqFt
$296/SqFt
House
Schools Nearby

Location

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5049 Vincent Ave N, Minneapolis$200,000

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage Door Opener
Garage1 space
Year Built1950
HeatingForced Air
CoolingNone
BasementYes
MLS #6522925
StatusActive

About 5049 Vincent Ave N

(Professional Pictures on Friday 4/26) Welcome to this charming and fully remodeled 1-story home, perfectly suited for those seeking the convenience of single-level living. Situated in a highly desirable location, this residence has undergone a complete transformation, boasting modern upgrades and cosmetic renovations but also including a new roof, windows, and flooring (2024). The spacious outdoor space yet cozy layout offers ample room for summer relaxation and entertaining, complemented by a fully fenced-in and private backyard. Garage is for one car, but oversized and perfect to park your vehicle and have extra storage. Centrally located, this move-in ready gem provides easy access to shopping, dining, and recreation. Looking for a great asset that will bring you cash flow with long-term, short-term and mid-term rentals? Don't miss out – schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 675 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Irregular Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • Olson Middle School, Public District Grades 6-8
  • Loring Community School, Public District Grades PK-5
  • Jenny Lind Elementary, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take 51st Ave N from Brooklyn Blvd, then left on Vincent Ave N to the house

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
  • Price Per SqFt: $296/SqFt

Tax Information:

  • Annual Amount: $1,579
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

5049 Vincent Ave N vs Minneapolis

11 DAYS ON ROCKET

-16 Days

$200,000

-$143.6K Less

$296/SqFt

+$94 More

KEY TAKEAWAY

This property is $143.6K less than the Median Sold Price and $94/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: #6522925

Listing Office:

  • Office Name: Realty Group LLC

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Last updated on: 5/3/2024, 1:22:34 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$1,579$118,500
2019$1,543$107,500
2018$1,423$93,500
2017$1,391$91,000

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-5332823
1
/10

  • Loring Community School

  • 2600 44th Ave N

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-5332824
1
/10

  • Jenny Lind Elementary

  • 5025 Bryant Ave N

  • 1.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5332825
1
/10

  • Olson Middle School

  • 1601 51st Ave N

  • 0.82 miles

  • Public District Grades 6-8

High School

school-card-donut-5332826
4
/10

  • Patrick Henry High School

  • 4320 Newton Ave N

  • 1.06 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 $51,645. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5049 Vincent Ave N

What is the listing price of this property?

The listing price of 5049 Vincent Ave N property is $200,000.

What type of property is this?

The property 5049 Vincent Ave N is a house located in Minneapolis, Minnesota, 55430.

Is this property for sale now?

Active Listing: 5049 Vincent Ave N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5049 Vincent Ave N are:
Loring Community School: GreatSchools Rating 1/10
Jenny Lind Elementary: GreatSchools Rating 1/10
Olson Middle School: GreatSchools Rating 1/10
Patrick Henry High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,579 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5049 Vincent Ave N has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5049 Vincent Ave N is 675 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5049 Vincent Ave N is 1950.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55430›5049 Vincent Ave N

This home is located at 5049 Vincent Ave N in Minneapolis, MN and zip code 55430 in the Englewood neighborhood. This 675 square foot home was built in 1950. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 21, 2024 and is currently priced at $200,000.

In April 2024 more than 519 listings in Minneapolis, MN were sold above the asking price. During the same period more than 228 listings were sold at asking price, while more than 337 were sold below. The number of homes for sale in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 27 days, the median list price was $343,683.

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

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