Seller's Agent in 2024
Jason Huerkamp
Keller Williams Preferred Rlty
(612) 314-6330
1 in this area
1,509 Total Sales
1045 James Ave N Minneapolis, MN 55411
Near North Neighborhood
5
Beds
2
Baths
2,505
Sq Ft
5,227
Sq Ft Lot
Highlights
- Deck
- Property is Fully Fenced
- 2-minute walk to Lovell Square
- Forced Air Heating System
About This Home
As of December 2024Welcome to 1045 James Avenue North, a versatile multi-housing home in Minneapolis that has been family-owned for over 65 years, offering ample space and flexibility. The first floor features three generously sized bedrooms, one bathroom, an eat-in kitchen, and a spacious living and dining area, making it ideal for family living or entertaining. On the second floor, you'll find two additional bedrooms, one bathroom, another eat-in kitchen, and comfortable living and dining spaces—perfect for multi-generational living or rental potential. The third floor offers even more possibilities, with several rooms that can easily be converted into a studio apartment, extra bedrooms, or custom spaces such as a home office or game room. Outside, the grassy backyard is perfect for outdoor activities, relaxation, or gardening. Located near I-94, Bethune Park, Barnes Park, and an array of local dining and shopping options, this property combines convenience with endless potential. With over 65 years of family history, this home is ready to welcome its next chapter, whether as a family home or investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,626
Year Built
- Built in 1914
Lot Details
- Lot Dimensions are 42 x 126
- Property is Fully Fenced
- Chain Link Fence
Parking
- On-Street Parking
Home Design
- Duplex
- Pitched Roof
Interior Spaces
- 2,505 Sq Ft Home
- 2-Story Property
- Basement
- Stone or Rock in Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- Deck
- Forced Air Heating System
Community Details
- 2 Units
- Oak Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2102924210134
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Dec 4, 2024
Sold by
Bogan Shmel
Bought by
Shabazz Aasim
Seller's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
Buyer's Agent
Ishmael Israel
National Realty Guild
List Price
$240,000
Sold Price
$243,750
Premium/Discount to List
$3,750
1.56%
Views
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,382
Avg. Annual Appreciation
3.05%
Original Mortgage
$231,563
Outstanding Balance
$230,085
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$19,453
Purchase Details
Closed on
Mar 22, 2024
Sold by
Nakumbe Clara Ruth
Bought by
Bogan Shmel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,680
Interest Rate
6.75%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $243,750 | Land Title | |
| Deed | $243,750 | -- | |
| Warranty Deed | $120,000 | Executive Title Services | |
| Warranty Deed | $120,000 | Executive Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $231,563 | New Conventional | |
| Closed | $231,563 | New Conventional | |
| Previous Owner | $97,680 | FHA | |
| Previous Owner | $59,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $243,750 | +1.6% | $97 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $240,000 | -1.5% | $96 / Sq Ft |
| 11/05/2024 11/05/24 | Off Market | $243,750 | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $240,000 | -- | $96 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,626 | $288,000 | $16,000 | $272,000 |
| 2022 | $2,951 | $240,000 | $16,000 | $224,000 |
| 2021 | $2,303 | $228,000 | $16,000 | $212,000 |
| 2020 | $2,498 | $190,000 | $12,300 | $177,700 |
| 2019 | $2,296 | $190,000 | $8,200 | $181,800 |
| 2018 | $1,858 | $172,500 | $8,200 | $164,300 |
| 2017 | $1,857 | $128,000 | $7,500 | $120,500 |
| 2016 | $1,798 | $121,000 | $7,500 | $113,500 |
| 2015 | $1,882 | $121,000 | $7,500 | $113,500 |
| 2014 | -- | $105,000 | $7,500 | $97,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Huerkamp
-
Candace Rooks
Seller Co-Listing Agent in 2024
Candace Rooks
Keller Williams Preferred Rlty
(651) 724-4849
1 in this area
116 Total Sales
-
Ishmael Israel
Buyer's Agent in 2024
Ishmael Israel
National Realty Guild
(762) 233-4266
1 in this area
4 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6605673
APN: 21-029-24-21-0134
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