NOT LISTED FOR SALE

1115 18 1/2 Ave NE Minneapolis, MN 55418

Windom Park Neighborhood

Estimated Value: $404,109 - $496,000

5 Beds
3 Baths
3,536 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 07, 2013

Last sale price $170,000 $48 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,978/month

6 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Woodwork

About This Home

As of January 2013

Opportunity to invest in duplex that you can live in or rent. Lots of improvements have been made over the last few years. Very good condition with possible triplex with city approval. Close to busline and other amenities.

Last Agent to Sell the Property

Steven Kraft

Counselor Realty, Inc Listed on: 10/23/2012

Last Buyer's Agent

Nancy Walker

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 69.60 x 43.00
  • Fenced Yard
  • Few Trees

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Metal Siding
  • Stucco Exterior

Interior Spaces

  • 3,536 Sq Ft Home
  • Woodwork
  • Wood Flooring

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1202924330071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,099

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: 1202924330071
  • Projected Closed Date: 01/11/2013
  • Taxes With Assessments: 4098.88
  • Estimated Number of Acres: 0.07
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2616
  • Total Fin Square Footage: 3536
  • Below Grade Finished Sq Ft: 920

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Metal, Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Shared, Fenced Yard - Full

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 69.60 X 43.00

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2011
  • Tax Value: 4099

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Jan 7, 2013
Sold by
Federal National Mortgage Association
Bought by
Leimbach Melissa D
Seller's Agent
Steven Kraft
Counselor Realty, Inc
Buyer's Agent
Nancy Walker
Coldwell Banker Burnet
List Price
$149,900
Sold Price
$170,000
Premium/Discount to List
$20,100
13.41%
Current Estimated Value
$440,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,527
Avg. Annual Appreciation
7.74%
Original Mortgage
$166,870
Outstanding Balance
$115,372
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$325,155

Purchase Details

Closed on
Jul 14, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 31, 2011
Sold by
Muller Gustav B
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
May 7, 2004
Sold by
Lemke Brian
Bought by
Muller Gus
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
Leimbach Melissa D -- Signature Title Midwest Serv
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $252,975 --
Muller Gus $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leimbach Melissa D $166,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2013 01/07/13 Sold $170,000 +13.4% $48 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $149,900 -- $42 / 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 $7,718 $373,000 $86,000 $287,000
2023 $7,507 $392,000 $86,000 $306,000
2022 $5,620 $392,000 $84,000 $308,000
2021 $5,438 $392,000 $36,000 $356,000
2020 $4,906 $392,000 $18,800 $373,200
2019 $4,548 $344,000 $12,500 $331,500
2018 $4,071 $312,500 $12,500 $300,000
2017 $3,561 $244,500 $11,400 $233,100
2016 $4,787 $234,500 $11,400 $223,100
2015 $4,474 $204,000 $11,400 $192,600
2014 -- $178,500 $11,400 $167,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steven Kraft

    Counselor Realty, Inc

  • N

    Buyer's Agent in 2013

    Nancy Walker

    Coldwell Banker Burnet

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4411667

REALTOR® Association of Southern Minnesota

APN: 12-029-24-33-0071

Minnesota Hennepin County Minneapolis 55418 Windom Park

1115 18 1/2 Ave NE, Minneapolis, MN

This home is located at 1115 18 1/2 Ave NE, Minneapolis, MN 55418 since 23 October 2012 and is currently estimated at $440,527, approximately $124 per square foot. This property was built in 1900. 1115 18 1/2 Ave NE 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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