NOT LISTED FOR SALE

1097 25th Ave SE Minneapolis, MN 55414

Como Neighborhood

Estimated Value: $268,000 - $378,000

4 Beds
2 Baths
1,760 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 23, 2012

Last sale price $167,500 $95 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,265/month

155 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Woodwork
  • Forced Air Heating System

About This Home

As of October 2012

Fantastic University / Como neighborhood side by side duplex with 2 bedrooms each side (possibility to add 3rd bedroom to LL). High demand rental area near the U of M ?? strong cash flow ?? bring all offers!

Last Agent to Sell the Property

David Wells

Coldwell Banker Burnet Listed on: 05/21/2012

Last Buyer's Agent

Grant Vaith

Vaith Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x126
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 1,760 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Short Sale
  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessments: Unknown
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 10/23/2012
  • Taxes With Assessments: 4306.96
  • Estimated Number of Acres: 0.11
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1193
  • Total Fin Square Footage: 1760
  • Below Grade Finished Sq Ft: 567

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Brick, Stucco

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x126

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1959

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 4307

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Oct 23, 2012
Sold by
Campbell Michael J
Bought by
Gogopher Rentals Llc
Seller's Agent
David Wells
Coldwell Banker Burnet
Buyer's Agent
Grant Vaith
Vaith Realty LLC
List Price
$180,000
Sold Price
$167,500
Premium/Discount to List
-$12,500
-6.94%
Current Estimated Value
$327,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,582
Avg. Annual Appreciation
5.70%
Original Mortgage
$228,800
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2006
Sold by
Homstad Keith Everett
Bought by
Campbell Michael J and Diller Drew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 11, 1995
Sold by
Amundson Floyd
Bought by
Homstad Keith E and Homstad Torild M
Source: Public Records

Range of Values:

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Average Value
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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
Gogopher Rentals Llc $167,500 Fsa Ttile Services Llc
Campbell Michael J $303,000 --
Homstad Keith E $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gogopher Rentals Llc $5,360,000
Closed Gogopher Rentals Llc $5,360,000
Closed Gogopher Rentals Llc $700,000
Closed Gogopher Rentals Llc $3,050,000
Closed Gogopher Rentals Llc $228,800
Previous Owner Diller Drew P $242,400
Previous Owner Diller Drew P $60,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2012 10/23/12 Sold $167,500 -6.9% $95 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $180,000 -- $102 / 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 $5,790 $362,000 $79,000 $283,000
2022 $5,590 $362,000 $65,000 $297,000
2021 $5,350 $329,000 $44,000 $285,000
2020 $5,568 $327,500 $54,000 $273,500
2019 $5,200 $315,000 $36,000 $279,000
2018 $4,493 $286,500 $36,000 $250,500
2017 $4,170 $222,500 $32,700 $189,800
2016 $4,302 $222,500 $32,700 $189,800
2015 $4,190 $206,500 $32,700 $173,800
2014 -- $191,500 $35,200 $156,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Wells

    Coldwell Banker Burnet

  • G

    Buyer's Agent in 2012

    Grant Vaith

    Vaith Realty LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3591555

REALTOR® Association of Southern Minnesota

APN: 19-029-23-21-0089

Minnesota Hennepin County Minneapolis 55414 Como

1097 25th Ave SE, Minneapolis, MN

This home is located at 1097 25th Ave SE, Minneapolis, MN 55414 since 21 May 2012 and is currently estimated at $327,082, approximately $185 per square foot. This property was built in 1959. 1097 25th 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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