NOT LISTED FOR SALE

1078 21st Ave SE Minneapolis, MN 55414

Como Neighborhood

Estimated Value: $381,717 - $466,000

5 Beds
2 Baths
2,504 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $202,500 $81 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,710/month

71 Days on Market

Highlights

  • Property is near public transit
  • Coin Laundry
  • Wood Siding
  • 1 Car Detached Garage

About This Home

As of March 2015

Well maintained duplex~close to both UofM campus', dwntn Mpls, bus line & The Quarry shopping. Full bsmt w/coin-op laundry. Great investment w/immed cash flow! Newer boiler. FANTASTIC rental history! Off/on street parking. MUST SEE vintage built-ins!

Last Agent to Sell the Property

Dawn Youngren

Re/Max Results Listed on: 11/17/2014

Co-Listed By

James Borden

Re/Max Results

Last Buyer's Agent

Peter Evans

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x126

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,504 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Additional Features

  • Property is near public transit
  • Boiler Heating System

Community Details

  • 2 Units
  • Coin Laundry
  • Gross Income $600

Listing and Financial Details

  • The owner pays for electric, fuel, maint/repair, trash, water/sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 122
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 04/10/2015
  • Taxes With Assessments: 5199
  • Estimated Number of Acres: 0.11
  • Comp Dev Subdiv Name: Glencar Addition
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2504
  • Total Fin Square Footage: 2504

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Boiler

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 40x126

Rental Info

  • Owner Expense: Electric, Fuel, Maint/Repair, Trash, Water/Sewer

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 6593
  • Est Annual Gross Income: 600

Tax Info

  • Year: 2014
  • Tax Value: 5077

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Mar 20, 2015
Sold by
Kroening William A and Kroening Rosanne M
Bought by
Johnson Nicholas and Schmacher Jamie
Seller's Agent
Dawn Youngren
Re/Max Results
Buyer's Agent
Peter Evans
Coldwell Banker Burnet
List Price
$214,900
Sold Price
$202,500
Premium/Discount to List
-$12,400
-5.77%
Total Days on Market
71
Current Estimated Value
$409,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,929
Avg. Annual Appreciation
6.96%
Original Mortgage
$151,875
Interest Rate
3.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Johnson Nicholas $202,500 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Nicholas $139,400
Closed Johnson Nicholas A $150,000
Closed Johnson Nicholas $151,875
Previous Owner Kroening William A $63,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $202,500 -5.8% $81 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $214,900 -- $86 / 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
2023 $5,807 $363,000 $69,000 $294,000
2022 $5,556 $332,000 $52,000 $280,000
2021 $5,333 $327,000 $35,000 $292,000
2020 $5,550 $326,500 $45,800 $280,700
2019 $5,182 $314,000 $30,500 $283,500
2018 $4,474 $285,500 $30,500 $255,000
2017 $4,357 $232,500 $27,700 $204,800
2016 $4,495 $232,500 $27,700 $204,800
2015 $4,717 $232,500 $27,700 $204,800
2014 -- $232,500 $30,700 $201,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dawn Youngren

    RE/MAX

  • J

    Seller Co-Listing Agent in 2015

    James Borden

    RE/MAX

  • P

    Buyer's Agent in 2015

    Peter Evans

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4697449

REALTOR® Association of Southern Minnesota

APN: 19-029-23-21-0018

Minnesota Hennepin County Minneapolis 55414 Como

1078 21st Ave SE, Minneapolis, MN

This home is located at 1078 21st Ave SE, Minneapolis, MN 55414 since 17 November 2014 and is currently estimated at $409,429, approximately $163 per square foot. This property was built in 1900. 1078 21st Ave SE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison 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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