NOT LISTED FOR SALE

1204 E Lake St Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $729,336

-- Bed
-- Bath
9,226 Sq Ft
$79/Sq Ft Est. Value

About This Home

This home is located at 1204 E Lake St, Minneapolis, MN 55407 and is currently priced at $729,336, approximately $79 per square foot. 1204 E Lake St is a home located in Hennepin County with nearby schools including Andersen United Middle School, South Senior High School, and Lirio Montessori.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Brait Commercial Llc
Bought by
Lul Bros Properties Llc
Current Estimated Value
$729,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$417,680
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2019
Sold by
Brait Commercial Llc
Bought by
Lul Bros Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2019
Sold by
Lul Bros Properties Llc
Bought by
Llcq Brait Commercal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2019
Sold by
Ramis Construction Llc
Bought by
Brait Commercial Llc

Purchase Details

Closed on
Nov 1, 2017
Sold by
Ralmis Construction Llc
Bought by
Lul Bros Properties Llc

Purchase Details

Closed on
Sep 1, 2016
Sold by
Sunrise Banks National Association
Bought by
Raimis Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2013
Sold by
1208 E 66Th St Llc
Bought by
Franklin National Bank Of Minneapolis

Purchase Details

Closed on
May 26, 2009
Sold by
First Commericial Bank
Bought by
1204 E Lake St Llc

Purchase Details

Closed on
May 20, 2003
Sold by
Sabri Basim O
Bought by
Bamford Philip W and Bamford Leann P

Purchase Details

Closed on
Apr 10, 2001
Sold by
Freih Daniel R
Bought by
Sabri Basim O
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lul Bros Properties Llc $715,000 Land Title
Lul Bros Properties Llc $715,000 None Available
Llcq Brait Commercal -- Entitle
Brait Commercial Llc -- West Title Llc
Lul Bros Properties Llc $700,000 None Available
Raimis Construction Llc $522,300 None Available
Franklin National Bank Of Minneapolis -- None Available
1204 E Lake St Llc $766,000 --
Bamford Philip W $896,000 --
Sabri Basim O $279,900 --
Freil Daniel R $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lul Bros Properties Llc $450,000
Previous Owner Brait Commercial Llc $630,000
Previous Owner Lul Bros Properties Llc $715,000
Previous Owner Raimis Construction Llc $540,000
Previous Owner 1208 E 66Th St Llc $110,000
Closed Freil Daniel R --
Closed Lul Bros Properties Llc $0
Source: Public Records

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 $44,105 $1,190,000 $160,100 $1,029,900
2022 $28,556 $768,000 $160,100 $607,900
2021 $29,092 $746,000 $151,000 $595,000
2020 $28,418 $811,000 $141,300 $669,700
2019 $28,865 $765,000 $141,300 $623,700
2018 $29,150 $765,000 $141,300 $623,700
2017 $30,296 $765,000 $122,400 $642,600
2016 $30,640 $765,000 $122,400 $642,600
2015 $31,907 $765,000 $122,400 $642,600
2014 -- $762,500 $122,400 $640,100
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55407 Phillips

1204 E Lake St, Minneapolis, MN

This home is located at 1204 E Lake St, Minneapolis, MN 55407 and is currently priced at $729,336, approximately $79 per square foot. 1204 E Lake St is a home located in Hennepin County with nearby schools including Andersen United Middle School, South Senior High School, and Lirio Montessori.

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.

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