$80,000
SOLD NOV 13, 2024

1216 Powderhorn Terrace Unit 24 Minneapolis, MN 55407

Powderhorn Park Neighborhood
1 Bed
1 Bath
625 Sq Ft
$468/mo HOA Fee

Recently Sold

$128 Per Sq Ft

10% Below List Price

40 Days on Market

Highlights

  • The kitchen features windows
  • Combination Dining and Living Room
  • 4-minute walk to Powderhorn Park
  • 1-Story Property

About This Home

As of November 2024

Discover the perfect blend of charm and potential in this inviting condo unit located in the heart of Powderhorn Park! Priced to allow you to add your personal touch, this space offers a fantastic opportunity!Step inside to find a cozy atmosphere enhanced by recent updates, including kitchen butcher block countertops, a new sink and faucet, and modern stainless steel appliances. So much original charm including high ceilings, original hardwood floors, and large windows that bring in tons of natural light. Enjoy the vibrant community with convenient access to walking trails, a serene pond, tennis courts, and basketball facilities right at your doorstep. The building and common areas are well-maintained, ensuring a pleasant living experience. Plus, USI Fiber is now available in the building!Don’t miss out on this opportunity to make this charming condo your own oasis in Powderhorn Park!

Last Agent to Sell the Property

Lindsey Johnson

RE/MAX Results Listed on: 09/18/2024

RE/MAX Results

Co-Listed By

Cory Pflipsen

Real Listings

Last Buyer's Agent

Elba Garza

Keller Williams Integrity Realty

Keller Williams Integrity Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,303

Year Built

  • Built in 1917

HOA Fees

  • $468 Monthly HOA Fees

Home Design

  • Flex

Interior Spaces

  • 625 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Fee

Utilities

  • Boiler Heating System

Community Details

  • Association fees include maintenance structure, hazard insurance, heating, lawn care, ground maintenance, security, snow removal
  • Association Phone (612) 859-2308
  • Low-Rise Condominium
  • Condo 0296 Pleasant View Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0202824120245

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,303

Year Built

Built in 1917

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1917
  • Above Grade Finished Sq Ft: 625
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Living Area: 625
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Flex Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • Neighborhood: Powderhorn Park

Garage/Parking

  • Parking Features: On-Street Parking Only, More Parking Offsite for Fee

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Security, Snow Removal
  • Phone: 612-859-2308
  • Association Fee: 468
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet

Association/Amenities

  • HOA Management Co: Self Managed

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 7623
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0202824120245
  • Tax Annual Amount: 1303
  • TaxWithAssessments: 1303.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Nov 12, 2024
Sold by
Crawford Alma
Bought by
Montes Moore Saira
Seller's Agent
Lindsey Johnson
RE/MAX Results
Buyer's Agent
Elba Garza
Keller Williams Integrity Realty
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%
Views
74
Current Estimated Value
$89,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,936
Avg. Annual Appreciation
16.19%
Original Mortgage
$19,850
Outstanding Balance
$13,153
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$76,783

Purchase Details

Listed on
Sep 18, 2024
Closed on
Nov 5, 2024
Sold by
Crawford Alma
Bought by
Moore Saira Montes
Seller's Agent
Lindsey Johnson
RE/MAX Results
Buyer's Agent
Elba Garza
Keller Williams Integrity Realty
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,850
Outstanding Balance
$13,153
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$76,783

Purchase Details

Closed on
Nov 30, 2021
Sold by
Ulven Farrow and Brew Annette
Bought by
Crawford Alma

Purchase Details

Closed on
Nov 18, 2015
Sold by
Reuben Kathy
Bought by
Brew Annette and Ulven Farrow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Gross Sydney A
Bought by
Reuben Kathy

Purchase Details

Closed on
Jan 1, 2009
Sold by
Hauser John
Bought by
Harris Phaedra and Gross Sydney

Purchase Details

Closed on
Aug 16, 1999
Sold by
Mullin Lucille E
Bought by
Hauser John
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $80,000 --
Warranty Deed $80,000 Executive Title
Warranty Deed $95,000 Edina Realty Title Inc
Warranty Deed $53,000 Edina Realty Title Inc
Warranty Deed $44,252 Edina Realty Title
Interfamily Deed Transfer $10,000 --
Warranty Deed $17,500 --
Warranty Deed $24,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,850 FHA
Open $64,000 New Conventional
Closed $64,000 New Conventional
Previous Owner $47,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $80,000 0.0% $128 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/10/2024 10/10/24 Price Changed $80,000 -5.9% $128 / Sq Ft
09/25/2024 09/25/24 Price Changed $85,000 +900.0% $136 / Sq Ft
09/25/2024 09/25/24 Price Changed $8,500 -90.4% $14 / Sq Ft
09/18/2024 09/18/24 For Sale $89,000 -- $142 / Sq Ft
Source: NorthstarMLS

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 $1,303 $100,000 $4,000 $96,000
2022 $988 $97,000 $2,800 $94,200
2021 $809 $97,000 $2,800 $94,200
2020 $706 $86,500 $2,800 $83,700
2019 $665 $75,000 $2,800 $72,200
2018 $617 $68,000 $2,800 $65,200
2017 $552 $55,000 $2,800 $52,200
2016 $818 $51,500 $2,800 $48,700
2015 $791 $47,500 $2,800 $44,700
2014 -- $45,500 $2,800 $42,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6595706

NorthstarMLS

APN: 02-028-24-12-0245