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5524 Elliot Ave, Minneapolis, MN, 55417

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
3 Full Baths
2,144 SqFt
$245/SqFt
House
Schools Nearby

Location

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5524 Elliot Ave, Minneapolis$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage1 space
Year Built1936
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceWood Burning
MLS #6497101
StatusActive

About 5524 Elliot Ave

Completely renovated home in Diamond Lake neighborhood. Every surface has been touched. Primary suite upstairs with great headroom, new full bath and walk-in closet. Two bedrooms on main level with cozy fireplace, formal dining room and brand new kitchen. Refinished hardwood floors throughout the main floor. Three-season porch/mud room off back leads onto brick paver patio. Great opportunity in fantastic area. Welcome home!

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Living Area: 2,144 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: 55TH TO ELLIOT - SOUTH TO HOME

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $245/SqFt

Tax Information:

  • Annual Amount: $4,481
  • 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

5524 Elliot Ave vs Minneapolis

56 DAYS ON ROCKET

+18 Days

$525,000

+$183.7K More

$245/SqFt

+$43 More

KEY TAKEAWAY

This property is $183.7K more than the Median Sold Price and $43/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: #6497101

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 5/1/2024, 6:22:16 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$4,481$340,500
2019$4,854$333,905
2018$4,743$316,465
2017$4,380$290,305

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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.

High School

school-card-donut-4301022
5
/10

  • Washburn High School

  • 201 W 49th St

  • 1.27 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 $107,012. Residents of Minneapolis, MN typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5524 Elliot Ave

What is the listing price of this property?

The listing price of 5524 Elliot Ave property is $525,000.

What type of property is this?

The property 5524 Elliot Ave is a house located in Minneapolis, Minnesota, 55417.

Is this property for sale now?

Active Listing: 5524 Elliot Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5524 Elliot Ave are:
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 $4,481 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5524 Elliot Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5524 Elliot Ave is 2,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5524 Elliot Ave is 1936.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5524 Elliot Ave

This home is located at 5524 Elliot Ave in Minneapolis, MN and zip code 55417 in the Diamond Lake neighborhood. This 2,144 square foot home was built in 1936. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $525,000.

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. The number of listings in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $341,287.

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

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