NOT LISTED FOR SALE

Estimated Value: $292,000 - $443,048

3 Beds
3 Baths
2,103 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $407,500 $194 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,317/month

About This Home

As of February 2023

This home is located at 1020 7th St SE, Minneapolis, MN 55414 since 28 February 2023 and is currently estimated at $361,512, approximately $171 per square foot. This property was built in 1880. 1020 7th St SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

Joshua Brook

Wits Realty Listed on: 02/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1880 | Newly Remodeled

Lot Details

  • 2,614

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Units
  • Auditors Sub 028 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2402924240059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1880 | Newly Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Year Built: 1880
  • Unit Levels: More Than 2 Stories
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Exterior Features

  • Neighborhood: Marcy Holmes

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2402924240059
  • Tax Annual Amount: 3659
  • TaxWithAssessments: 3659.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Feb 28, 2023
Sold by
Johnson Eric S and Johnson Laurie J
Bought by
1020 7Th St Se Llc
Buyer's Agent
Joshua Brook
Wits Realty
Sold Price
$407,500
Total Days on Market
0
Current Estimated Value
$361,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,988
Avg. Annual Appreciation
-5.16%
Original Mortgage
$282,500
Outstanding Balance
$175,212
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$186,300

Purchase Details

Closed on
May 6, 2009
Sold by
Johnson Bjorn S
Bought by
Johnson Eric S and Johnson Laurie J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1020 7Th St Se Llc $407,500 All American Title
Johnson Eric S $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1020 7Th St Se Llc $282,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $407,500 -- $194 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,446 $264,000 $122,000 $142,000
2022 $3,659 $264,000 $96,000 $168,000
2021 $3,525 $264,000 $104,000 $160,000
2020 $3,638 $263,500 $18,800 $244,700
2019 $3,747 $251,000 $17,600 $233,400
2018 $3,463 $251,000 $17,600 $233,400
2017 $2,956 $192,000 $16,000 $176,000
2016 $2,656 $167,000 $16,000 $151,000
2015 $2,788 $167,000 $16,000 $151,000
2014 -- $145,000 $16,000 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6337547

NorthstarMLS

APN: 24-029-24-24-0059