13 days on rocket

5615 Penn Ave S, Minneapolis, MN, 55419

$899,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
4,124 SqFt
$218/SqFt
House
Schools Nearby

Location

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5615 Penn Ave S, Minneapolis$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Concrete, Garage Door Opener, On-Street Parking Only, Tuckunder Garage
Garage3 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6520463
StatusActive

About 5615 Penn Ave S

This New home includes an additional dwelling unit, and is in a great location near parks, near restaurants, shops & transit. Contemporary design with an open floor plan perfect for modern lifestyle and entertaining. Also has a Gourmet kitchen with large center island, quartz countertops, SS appliances & walk-in pantry. The living room with FP, dining room, separate office, and powder room on the main floor. Upper level has primary suite with tiled shower, double vanities, freestanding tub and large walk-in closet, and it has 4 bedrooms on the 2nd floor, a 2nd full bathroom, convenient laundry. Finished lower level offers large family room with guest (5th) bedroom, and full bathroom. Highest quality finishes and attention to details. New concrete driveway. With an oversized tuck under,Tandem Garage for extra parking or storage. The Additional Dwelling unit has a Bedroom, Bath, Living Room and Kitchen. Work from home with plenty of space for the family and friends.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 4,124 SqFt

Listing Office:

  • Office Name: Banneker Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Oven, Washer
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Covered, Concrete, Garage Door Opener, On-Street Parking Only, Tuckunder Garage

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: 35W to Penn, go North

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $2,525
  • 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

5615 Penn Ave S vs Minneapolis

13 DAYS ON ROCKET

-25 Days

$899,900

+$558.6K More

$218/SqFt

+$16 More

KEY TAKEAWAY

This property is $558.6K more than the Median Sold Price and $16/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: #6520463

Listing Office:

  • Office Name: Banneker Realty, LLC

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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

Aug 15, 2008Home Sold
$80,000
Aug 15, 2008Home Sold
$71,290
Jan 14, 2000Home Sold
$33,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,525$150,500
2019$2,705$150,500
2018$2,582$137,000
2017$2,526$131,500

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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-3463766
8
/10

  • Kenny Community School

  • 5720 Emerson Ave S

  • 0.65 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3463767
5
/10

  • Anthony Middle School

  • 5757 Irving Ave S

  • 0.49 miles

  • Public District Grades 6-8

High School

school-card-donut-3463768
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 1.37 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 $90,934. Residents of Minneapolis, MN typically earn between $35k-100k each year. 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 5615 Penn Ave S

What is the listing price of this property?

The listing price of 5615 Penn Ave S property is $899,900.

What type of property is this?

The property 5615 Penn Ave S is a house located in Minneapolis, Minnesota, 55419.

Is this property for sale now?

Active Listing: 5615 Penn 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 5615 Penn 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 $2,525 (source: MLS/based on county public records data).

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

The last sale was on August 15, 2008 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5615 Penn Ave S has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5615 Penn Ave S is 4,124 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5615 Penn Ave S is 2024.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55419›5615 Penn Ave S

This home is located at 5615 Penn Ave S in Minneapolis, MN and zip code 55419 in the Penn Avenue Heights neighborhood. This 4,124 square foot home was built in 2024. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $899,900.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked 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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