Anyone want to live across from the lake?!
This recently refreshed south Minneapolis rambler is ready for you. 3 bedrooms on the main level, complete with a refreshed kitchen, stainless steel appliances, quartz countertops, freshly refinished hardwood floors, gas burning fireplace in the main level living room, complete with large windows to allow for sun-drenched views overlooking lake Nokomis. Basement has recently been finished. Large lower level family room perfect for entertaining, complete with the 4th bedroom as well as the large new 3/4 bath. Out back you'll find a great patio area with a pergola and good yard space. Rare 2 car garage completes this S. MPLS rambler....if you're looking for an updated gem of a house, and would like to walk across the street to lake Nokomis, this house is for you!
Closed
$455,000
5040 Cedar Ave S, Minneapolis, MN 55417
4beds
2,251sqft
Single Family Residence
Built in 1946
5,662 Square Feet Lot
$554,800 Zestimate®
$202/sqft
$3,031 Estimated rent
Home value
$554,800
$522,000 - $594,000
$3,031/mo
Zestimate® history
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$3,031/mo
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$3,031/mo
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$2,878/mo
Est. payment
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$2,878/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dane Jensen 612-803-0046,
Compass
Bought with:
Dane Jensen
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6411779
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Bedroom 2
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 4
- Level: Lower
- Area: 143 Square Feet
- Dimensions: 13x11
Dining room
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9x12
Family room
- Level: Lower
- Area: 300 Square Feet
- Dimensions: 15x20
Kitchen
- Level: Main
- Area: 136 Square Feet
- Dimensions: 17x8
Laundry
- Level: Lower
- Area: 126 Square Feet
- Dimensions: 14x9
Living room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 13x18
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement, Laundry Room, Main Level
Features
- Basement: Egress Window(s),Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,251
- Total interior livable area: 2,251 sqft
- Finished area above ground: 1,251
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 5,662 Square Feet
- Dimensions: 46.00 x 123.00
- Features: Tree Coverage - Light
Details
- Foundation area: 1251
- Parcel number: 1402824410111
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Brick
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Nokomis Knoll 2nd Add
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $437,700
- Annual tax amount: $5,621
- Date on market: 8/2/2023
- Cumulative days on market: 25 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Listing removed | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2025 | Price change | $3,500-2.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2025 | Listed for rent | $3,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/15/2023 | Sold | $455,000-5%$202/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6411779 Report a problem | ||
| 8/27/2023 | Pending sale | $479,000$213/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6411779 Report a problem | ||
| 8/9/2023 | Price change | $479,000-4%$213/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6411779 Report a problem | ||
| 8/2/2023 | Listed for sale | $499,000+136.5%$222/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6411779 Report a problem | ||
| 11/9/2012 | Sold | $211,000-3.4%$94/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1964552 Report a problem | ||
| 9/21/2012 | Listed for sale | $218,500$97/sqft |
Source: Integrity Holdings Real Estate LLC #4192982 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,849 +13.8% | $437,700 -5.3% |
| 2024 | $6,019 +7.1% | $462,000 |
| 2023 | $5,621 +15.8% | $462,000 +12.7% |
| 2022 | $4,853 +4.7% | $410,000 +15.5% |
| 2021 | $4,634 -7.7% | $355,000 +1.1% |
| 2020 | $5,019 +8.3% | $351,000 |
| 2019 | $4,634 -7.7% | $351,000 |
| 2018 | $5,019 +9.3% | $351,000 +21.7% |
| 2017 | $4,592 +7% | $288,500 +11.6% |
| 2016 | $4,290 +9.6% | $258,500 +7% |
| 2015 | $3,914 -2.7% | $241,500 +15% |
| 2014 | $4,023 +15.3% | $210,000 -0.2% |
| 2013 | $3,489 +2.6% | $210,500 |
| 2012 | $3,400 +2.2% | $210,500 |
| 2011 | $3,326 +15.5% | $210,500 +0.1% |
| 2010 | $2,881 -1.2% | $210,300 |
| 2009 | $2,915 +15.6% | $210,300 +9.2% |
| 2006 | $2,521 +11.2% | $192,600 +15% |
| 2005 | $2,266 +9.3% | $167,500 +15% |
| 2004 | $2,074 +12.5% | $145,700 +12% |
| 2002 | $1,844 -54.1% | $130,100 |
| 2001 | $4,017 | -- |
Find assessor info on the county website
Neighborhood: Hale
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Nearby schools
GreatSchools rating
- NAHale Elementary SchoolGrades: K-2Distance: 0.6 mi
- NAField Elementary SchoolGrades: 5-8Distance: 1.2 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$554,800
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Estimated market value
$554,800
- Minnesota
- Hennepin County
- Minneapolis
- 55417
- Hale
- 5040 Cedar Ave S
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