Seller's Agent in 2024
Eric Beise
Wits Realty
(507) 696-4246
2 in this area
107 Total Sales
1114 E 38th St Minneapolis, MN 55407
Powderhorn Park NeighborhoodEstimated Value: $255,000 - $348,000
3
Beds
1
Bath
1,581
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Forced Air Heating and Cooling System
- Living Room
- Entrance Foyer
- Dining Room
About This Home
As of September 2024Discover your ideal first home in the heart of Powderhorn, Minneapolis. This charming 3-bedroom, 1-bathroom house boasts a newly updated furnace, AC, roof, and sewer lining. Talk about move in ready! Nestled just blocks away from serene parks, schools, and great Minneapolis restaurants, it offers both convenience and ideal city living. Additional highlights include a spacious backyard with a shed for ample storage. Don’t miss the opportunity to make this your new home sweet home! Sewer line repaired and lined in 2023. Tax assessment is for completed sewer repair. Sellers will consider buyer assuming or not assuming the assessment as part of an offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,270
Year Built
- Built in 1914
Lot Details
- 2,919 Sq Ft Lot
- Lot Dimensions are 43x80x42x79
Home Design
- Metal Siding
- Vinyl Siding
Interior Spaces
- 1.5-Story Property
- Entrance Foyer
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Powderhorn Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 0202824340198
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2024
Closed on
Sep 5, 2024
Sold by
Traaseth Jonah and Traaseth Nicole
Bought by
Possehl Madeleine
Seller's Agent
Eric Beise
Wits Realty
Buyer's Agent
Greta Fay
Anderson Realty
List Price
$275,000
Sold Price
$258,000
Premium/Discount to List
-$17,000
-6.18%
Views
34
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
$41,240
Avg. Annual Appreciation
11.26%
Original Mortgage
$215,200
Outstanding Balance
$212,920
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$86,320
Purchase Details
Closed on
Mar 15, 2018
Sold by
Walker Andrew and Walker Diana Carolina
Bought by
Traaseth Jonah and Traaseth Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Walker Diana Carolina
Purchase Details
Closed on
Oct 7, 2015
Sold by
Mellang Patricia A
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Jun 26, 1998
Sold by
Valley Barbara R
Bought by
Cloutier Michael A and Cloutier Susan S
Purchase Details
Closed on
Jun 25, 1998
Sold by
Cloutier Michael A
Bought by
Mellang Patricia A
Purchase Details
Closed on
Mar 28, 1997
Sold by
Valley Barbara R
Bought by
Cloutier Michael A
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Possehl Madeleine | $258,000 | -- | |
| Traaseth Jonah | $230,000 | Minnesota Title | |
| Walker Diana Carolina | $83,900 | Title One Inc | |
| Deutsche Bank National Trust Company | $159,767 | Attorney | |
| Cloutier Michael A | $38,000 | -- | |
| Mellang Patricia A | $59,900 | -- | |
| Cloutier Michael A | $38,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Possehl Madeleine | $215,200 | |
| Previous Owner | Traaseth Jonah | $223,100 | |
| Closed | Cloutier Michael A | -- | |
| Closed | Cloutier Michael A | $17,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $258,000 | -6.2% | $163 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $275,000 | -- | $174 / Sq Ft |
Source: NorthstarMLS
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 | $3,431 | $253,000 | $60,000 | $193,000 |
| 2023 | $3,296 | $253,000 | $50,000 | $203,000 |
| 2022 | $2,905 | $240,000 | $50,000 | $190,000 |
| 2021 | $2,946 | $225,000 | $28,000 | $197,000 |
| 2020 | $2,726 | $217,000 | $9,600 | $207,400 |
| 2019 | $2,434 | $204,500 | $6,400 | $198,100 |
| 2018 | $1,953 | $181,000 | $6,400 | $174,600 |
| 2017 | $2,094 | $115,000 | $5,800 | $109,200 |
| 2016 | $1,664 | $108,500 | $5,800 | $102,700 |
| 2015 | $1,487 | $105,500 | $5,800 | $99,700 |
| 2014 | -- | $100,500 | $8,200 | $92,300 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Beise
-
Samuel Andrews
Seller Co-Listing Agent in 2024
Samuel Andrews
Wits Realty
(402) 432-5729
2 in this area
122 Total Sales
-
Greta Fay
Buyer's Agent in 2024
Greta Fay
Anderson Realty
(612) 599-4097
6 in this area
164 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6573047
APN: 02-028-24-34-0198
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