14 days on rocket

Sale Pending

5540 James Ave S, Minneapolis, MN, 55419

$449,900

Home List Price

$5,343*

Closing Credit

3 Bedrooms
1 Full Bath
1,767 SqFt
$255/SqFt
House
Schools Nearby

Location

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5540 James Ave S, Minneapolis$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1951
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6516770
StatusSale Pending
(Pending)

About 5540 James Ave S

Fantastic Kenny home with amazing curb appeal and updates throughout. Don't miss the upper level with large primary bedroom and great ceiling height, a 3/4 bath, walk-in closet, and bonus flex space that could be an office or den. Truly one of a kind upper level! Main floor features hardwood floors throughout, updated eat-in kitchen, and spacious, sunny living room. Main level has two bedrooms, and full bath. Lower level has a large family room with new carpeting, built-in storage, workshop, and a large laundry room with great storage space. Fully fenced backyard with paver patio and custom-built storage shed that is wired with power. Close to lakes, creek, parks and shopping, this home has it all!

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Living Area: 1,767 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Few Trees

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: From Penn, go East on West 56th, then North on James to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $255/SqFt

Tax Information:

  • Annual Amount: $4,622
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

5540 James Ave S vs Minneapolis

14 DAYS ON ROCKET

-24 Days

$449,900

+$108.6K More

$255/SqFt

+$53 More

KEY TAKEAWAY

This property is $108.6K more than the Median Sold Price and $53/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: #6516770

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 4/29/2024, 3:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2014Home Sold
$309,900

Tax History

YEARPROP. TAXASSESSMENT
2020$4,622$327,000
2019$4,992$319,190
2018$4,783$319,190
2017$4,373$289,760

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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-3185700
8
/10
  • Kenny Community School

  • 5720 Emerson Ave S

  • 0.36 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3185701
5
/10
  • Anthony Middle School

  • 5757 Irving Ave S

  • 0.26 miles

  • Public District Grades 6-8

High School

school-card-donut-3185702
5
/10
  • Southwest High School

  • 3414 W 47th St

  • 1.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,954. The majority of Minneapolis, MN residents have income between $100k-200k annually. The most common type of family is 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 5540 James Ave S

What is the listing price of this property?

The listing price of 5540 James Ave S property is $449,900.

What type of property is this?

The property 5540 James Ave S is a house located in Minneapolis, Minnesota, 55419.

Is this property for sale now?

Sale Pending: 5540 James 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 5540 James 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 $4,622 (source: MLS/based on county public records data).

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

The last sale was on October 23, 2014 for $309,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5540 James Ave S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5540 James Ave S is 1,767 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5540 James Ave S is 1951.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55419›5540 James Ave S

This home is located at 5540 James Ave S in Minneapolis, MN and zip code 55419 in the Kenny neighborhood. This 1,767 square foot home was built in 1951. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $449,900.

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. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased by 15.5%. 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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