Diamond Lake Oasis - Nestled in the heart of it all, this charming 4-bedroom, 2-bathroom home features a sunroom, garden-like landscaping, and a finished lower level that offers an ideal retreat. From stunning hardwood floors to the cozy wood-burning fireplace, every detail is thoughtfully designed. The
upper-level suite and spacious lower-level amusement room make this home a perfect balance of comfort and style.
Light, bright, and inviting, the main level greets you with an open family room, a centrally located dining area, and a kitchen with a window looking out to the backyard and detached garage. The main level also includes two spacious bedrooms and a versatile office/sunroom. The upper level is complete with two additional bedrooms (or a potential office), a vanity area, and a full bathroom.
The lower level offers a multifunctional space perfect for gatherings, exercise, or simply relaxing. With an additional entertainment area, laundry/utility room, and ample storage, this home truly has it all.
Step outside and you're just a short walk to grocery stores, restaurants, parks, and trails. Conveniently located minutes from MSP International Airport, Mall of America, and both downtown Minneapolis and St. Paul. Welcome home to your perfect sanctuary!
Closed
$510,000
5515 Park Ave, Minneapolis, MN 55417
4beds
2,674sqft
Single Family
Built in 1940
6,534 Square Feet Lot
$512,700 Zestimate®
$191/sqft
$3,127 Estimated rent
Home value
$512,700
$472,000 - $559,000
$3,127/mo
Zestimate® history
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$3,225/mo
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Zillow last checked:
Listing updated:
Listed by:
Alyssa M. Hurlock 952-334-3296,
Edina Realty, Inc.
Bought with:
Margaret T Richards
Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6683054
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 4
- Level: Upper
- Area: 154 Square Feet
- Dimensions: 14x11
Other
- Level: Lower
- Area: 255 Square Feet
- Dimensions: 17x15
Dining room
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Family room
- Level: Main
- Area: 220 Square Feet
- Dimensions: 20x11
Family room
- Level: Lower
- Area: 143 Square Feet
- Dimensions: 13x11
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Laundry
- Level: Lower
Office
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Patio
- Level: Main
- Area: 120 Square Feet
- Dimensions: 15x8
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement, Electric Dryer Hookup, Laundry Room, Washer Hookup
Features
- Basement: Block,Drain Tiled,Egress Window(s),Finished,Storage Space,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 2,674
- Total interior livable area: 2,674 sqft
- Finished area above ground: 1,696
- Finished area below ground: 524
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
- Details: Garage Dimensions (20x12)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Patio
- Pool features: None
- Fencing: Chain Link,Full
Lot
- Size: 6,534 Square Feet
Details
- Additional structures: Garage(s)
- Foundation area: 1109
- Parcel number: 2302824220113
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt,Flat,Pitched
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected, City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
Community & HOA
Community
- Subdivision: Park Ave Terrace
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $487,000
- Annual tax amount: $6,789
- Date on market: 4/2/2025
- Cumulative days on market: 89 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Sold | $510,000+4.1%$191/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6683054 Report a problem | ||
| 4/19/2025 | Pending sale | $489,900$183/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6683054 Report a problem | ||
| 4/14/2025 | Listed for sale | $489,900-2%$183/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6683054 Report a problem | ||
| 8/21/2024 | Listing removed | $499,900$187/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6554653 Report a problem | ||
| 7/24/2024 | Listed for sale | $499,900-2.9%$187/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6554653 Report a problem | ||
| 7/3/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6554653 Report a problem | ||
| 6/21/2024 | Listed for sale | $515,000+96.6%$193/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6554653 Report a problem | ||
| 11/27/2002 | Sold | $262,000$98/sqft |
Source: Public Record Report a problem | ||
| 8/28/2002 | Sold | $262,000+36.5%$98/sqft |
Source: Agent Provided Report a problem | ||
| 9/22/2000 | Sold | $192,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,788 +8.4% | $487,000 +9.9% |
| 2024 | $6,260 +1.4% | $443,000 -2.9% |
| 2023 | $6,176 +3.4% | $456,000 +2.5% |
| 2022 | $5,972 +16.7% | $445,000 +3.2% |
| 2021 | $5,118 -7.7% | $431,000 +12.1% |
| 2020 | $5,543 +8.3% | $384,500 |
| 2019 | $5,118 -7.7% | $384,500 +5.1% |
| 2018 | $5,543 +10.7% | $366,000 +10.6% |
| 2017 | $5,005 +0.2% | $331,000 +5.8% |
| 2016 | $4,996 +3.1% | $313,000 +3.1% |
| 2015 | $4,846 -1.4% | $303,500 +9.2% |
| 2014 | $4,914 +10.5% | $278,000 +6.9% |
| 2013 | $4,448 -6.9% | $260,000 -8.3% |
| 2012 | $4,777 +0.4% | $283,500 -2.9% |
| 2011 | $4,758 +10.5% | $292,000 -3.4% |
| 2010 | $4,304 -1.1% | $302,300 |
| 2009 | $4,353 +27.6% | $302,300 +25.1% |
| 2006 | $3,412 +9.3% | $241,600 +15% |
| 2005 | $3,121 +7.5% | $210,100 +15% |
| 2004 | $2,903 +20.6% | $182,700 +11.9% |
| 2002 | $2,407 -55.6% | $163,200 |
| 2001 | $5,414 | -- |
Find assessor info on the county website
Neighborhood: Diamond Lake
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Nearby schools
GreatSchools rating
- NAHale Elementary SchoolGrades: K-2Distance: 0.5 mi
- 7/10Justice Page Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$512,700
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Estimated market value
$512,700
- Minnesota
- Hennepin County
- Minneapolis
- 55417
- Diamond Lake
- 5515 Park Ave
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