5 months on rocket

5508 32nd Ave S, Minneapolis, MN, 55417

$179,900

Home List Price

$2,136*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
1,432 SqFt
$126/SqFt
House
Schools Nearby

Location

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5508 32nd Ave S, Minneapolis$179,900

Buyer Closing Credits

$2,136*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel, Garage Door Opener
Garage2 spaces
Year Built1932
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6456486
StatusActive

About 5508 32nd Ave S

Restoration Potential!! Small fire in back addition can be rebuilt and restored. Add a shed dormer upstairs for a bathroom ensuite to increase property's value and then finish the basement for even more value. Heavy smoke damage throughout needs remediation. Garage needs fixing/teardown. Photos are from last winter post fire. Always use caution when entering the property and take any desired pre-cautions for your own health and safety. Post-Fire Asbestos test showed no concerns with exposed materials. SOLD AS-IS. See city inspection for items required to receive certificate of occupancy. All utilities are shut off. Taxes due for 2023 will be paid by seller and 2024 taxes to be pro rated to closing date. A 2024 VBR fee may be waived by city if a plan is filed with them before May 1st and Occupancy received by end of 2024. They will also waive it if property is torn down by May 1st.

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Living Area: 1,432 SqFt

Listing Office:

  • Office Name: True Real Estate

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Hwy 62 to S 28th Ave, head north to E 54th St, head east to 32nd Ave S, head south to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,900
  • Price Per SqFt: $126/SqFt

Tax Information:

  • Annual Amount: $3,626
  • 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

5508 32nd Ave S vs Minneapolis

177 DAYS ON ROCKET

+139 Days

$179,900

-$161.3K Less

$126/SqFt

-$76 Less

KEY TAKEAWAY

This property is $161.3K less than the Median Sold Price and $76/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: #6456486

Listing Office:

  • Office Name: True Real Estate

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Last updated on: 4/30/2024, 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

Listing History

Mar 16, 2010Home Sold
$140,000
Aug 24, 2006Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,626$274,000
2019$3,923$261,420
2018$4,043$261,420
2017$3,663$234,170

History based on county public records data.

Payment Calculator

$965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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-3480091
5
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 2.54 miles

  • Public District Grades 6-8

High School

school-card-donut-3480092
3
/10

  • Roosevelt High School

  • 4029 28th Ave S

  • 1.85 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 $67,813. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5508 32nd Ave S

What is the listing price of this property?

The listing price of 5508 32nd Ave S property is $179,900.

What type of property is this?

The property 5508 32nd Ave S is a house located in Minneapolis, Minnesota, 55417.

Is this property for sale now?

Active Listing: 5508 32nd 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 5508 32nd Ave S are:
Sanford Middle School: GreatSchools Rating 5/10
Roosevelt High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,626 (source: MLS/based on county public records data).

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

The last sale was on March 16, 2010 for $140,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5508 32nd Ave S has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5508 32nd Ave S is 1,432 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5508 32nd Ave S is 1932.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5508 32nd Ave S

This home is located at 5508 32nd Ave S in Minneapolis, MN and zip code 55417 in the Wenonah neighborhood. This 1,432 square foot home was built in 1932. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2023 and is currently priced at $179,900.

Over 380 listings were sold over their listed price in March 2024 in Minneapolis, MN. In the same period over 317 listings were sold below the listed price and 165 listings were sold for the listed price. Between February 2024 and March 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.5%. 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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