1 month on rocket

Sale Pending

5524 Thomas Ave S, Minneapolis, MN, 55410

$494,900

Home List Price

$5,877*

Closing Credit

3 Bedrooms
1 Full Bath
1,752 SqFt
$282/SqFt
House
Schools Nearby

Location

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5524 Thomas Ave S, Minneapolis$494,900

Buyer Closing Credits

$5,877*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1946
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceLiving Room, Wood Burning
MLS #6468148
StatusSale Pending
(Active)

About 5524 Thomas Ave S

Nestled in the sought-after Armatage neighborhood of SW Minneapolis, this classic 1.5-story home offers a well-maintained interior with gleaming refinished hardwood floors on the main level. The upper level boasts an inviting owner's suite with a walk-in closet and 3/4 bath, complemented by new carpeting. Outside, a handsome brick front enhances the home's curb appeal, while the lovingly landscaped English Garden yard features a front yard water feature and backyard fish pond. The fully fenced yard includes a shed and a new patio door that opens to an ivy-adorned pergola, ideal for seamless indoor-outdoor living. Conveniently situated within walking distance of Armatage's premier restaurants, Armatage Park, and just a block from Minnehaha Creek, this home is also a short spring walk from Lake Harriet, offering the best of SW Minneapolis living. With a brand new roof, new skylights, and newer Anderson windows throughout, this home combines practicality with charm. Don?t miss this!

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Living Area: 1,752 SqFt

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anthony Middle School, Public District Grades 6-8
  • Kenny Community School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Xerxes/Penn Ave. to 55th Street to South Thomas

Price Information

Listing Price Info

Price Summary:

  • List Price: $494,900
  • Price Per SqFt: $282/SqFt

Tax Information:

  • Annual Amount: $4,634
  • 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 Thomas Ave S vs Minneapolis

31 DAYS ON ROCKET

-7 Days

$494,900

+$153.6K More

$282/SqFt

+$80 More

KEY TAKEAWAY

This property is $153.6K more than the Median Sold Price and $80/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: #6468148

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

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Last updated on: 4/27/2024, 10:22:16 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

Nov 29, 2012Home Sold
$299,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,634$351,000
2019$5,019$345,350
2018$4,904$327,365
2017$4,486$297,390

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,550

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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-1165871
8
/10

  • Kenny Community School

  • 5720 Emerson Ave S

  • 0.95 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1165872
5
/10

  • Anthony Middle School

  • 5757 Irving Ave S

  • 0.79 miles

  • Public District Grades 6-8

High School

school-card-donut-1165873
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 1.15 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 $105,682. The majority of Minneapolis, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5524 Thomas Ave S

What is the listing price of this property?

The listing price of 5524 Thomas Ave S property is $494,900.

What type of property is this?

The property 5524 Thomas Ave S is a house located in Minneapolis, Minnesota, 55410.

Is this property for sale now?

Sale Pending: 5524 Thomas 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 5524 Thomas Ave S are:
Kenny Community School: GreatSchools Rating 8/10
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 $4,634 (source: MLS/based on county public records data).

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

The last sale was on November 29, 2012 for $299,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5524 Thomas Ave S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5524 Thomas Ave S is 1,752 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5524 Thomas Ave S is 1946.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55410›5524 Thomas Ave S

This home is located at 5524 Thomas Ave S in Minneapolis, MN and zip code 55410 in the Armatage neighborhood. This 1,752 square foot home was built in 1946. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $494,900.

Minneapolis, MN housing market in March 2024 saw over 380 listings sold above listed price, more than 165 sold at listed price and over 317 sold below. The number of listings in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $341,287, while the average time on the real estate market was 38 days.

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

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