NOT LISTED FOR SALE

10540 Russell Ave S Minneapolis, MN 55431

West Bloomington Neighborhood

Estimated Value: $487,000 - $966,000

0.4 Acre
$1,705,950 Price per Acre
17,424 Sq Ft Lot

Last Sold August 21, 2013

Last sale price $110,000 $116 Per Sq Ft

Est. 520% increase in value since last sale

Current estimated payment $4,275/month

273 Days on Market

Highlights

  • Workshop
  • Agricultural
  • Level Lot
  • Landscaped with Trees

About This Lot

As of August 2013

Double bungalow will fit perfectly on this sq level lot. Or build your own new single family home in this transitioning area. Property being sold "As-Is" - new street coming, cost est. $8300.

Last Agent to Sell the Property

Duane Bakken

Lakes Sotheby's International Listed on: 11/02/2012

Last Buyer's Agent

Gail DeBettignies

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,885

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Landscaped with Trees
  • Finished Lot(s)

Additional Features

  • Workshop
  • Agricultural
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 2002724140061

Property Details

Property Type

Land

Est. Annual Taxes

$7,885

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessment Balance: 8300
  • Parcel Number: 2002724140061
  • Projected Closed Date: 08/23/2013
  • Taxes With Assessments: 1957
  • Estimated Number of Acres: 0.4
  • Additional Information: Abstract, Survey, Survey Stakes
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Workshop

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas, Storm Sewer, Telephone

Lot Info

  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2012
Closed on
Aug 20, 2013
Sold by
Carlsen Steven J and Lopiccolo Carlsen Ann Marie
Bought by
Seal Ulysses and Seal Jennifer
Seller's Agent
Duane Bakken
Lakes Sotheby's International
Buyer's Agent
Gail DeBettignies
Edina Realty, Inc.
List Price
$155,000
Sold Price
$110,000
Premium/Discount to List
-$45,000
-29.03%
Current Estimated Value
$682,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,380
Avg. Annual Appreciation
16.27%
Original Mortgage
$82,500
Outstanding Balance
$61,694
Interest Rate
4.53%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$620,686

Purchase Details

Closed on
Oct 1, 2001
Sold by
Bennett Eric S
Bought by
Carlsen Steven J and Lopiccolo Carlsen Ann Marie
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Seal Ulysses $110,000 Global Closing & Title Servi
Carlsen Steven J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seal Ulysses $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2013 08/21/13 Sold $110,000 -29.0% $116 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $155,000 -- $164 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $7,885 $587,500 $138,000 $449,500
2023 $7,189 $579,300 $133,900 $445,400
2022 $6,102 $564,100 $133,900 $430,200
2021 $5,370 $474,800 $123,700 $351,100
2020 $5,462 $421,900 $120,300 $301,600
2019 $5,764 $417,000 $120,300 $296,700
2018 $5,387 $431,600 $116,800 $314,800
2017 $5,941 $435,700 $102,300 $333,400
2016 $5,816 $404,400 $104,300 $300,100
2015 $1,375 $115,100 $101,200 $13,900
2014 -- $117,700 $92,300 $25,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Duane Bakken

    Lakes Sotheby's International

  • G

    Buyer's Agent in 2013

    Gail DeBettignies

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4414491

REALTOR® Association of Southern Minnesota

APN: 20-027-24-14-0061

Minnesota Hennepin County Minneapolis 55431 West Bloomington

10540 Russell Ave S, Minneapolis, MN

This home is located at 10540 Russell Ave S, Minneapolis, MN 55431 since 02 November 2012 and is currently estimated at $682,380, approximately $719 per square foot. 10540 Russell Ave S is a home located in Hennepin County with nearby schools including Westwood Elementary School, Oak Grove Middle School, and Kennedy Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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