1219 7th St SE Minneapolis, MN 55414
Marcy-Holmes Neighborhood
4
Beds
2
Baths
2,116
Sq Ft
7,841
Sq Ft Lot
About This Home
As of November 2024First time on the market since 1972. Duplex in the heart of University of MN Dinkytown neighborhood. The upper unit is currently a 3-bedroom unit but has been a 4 bedroom and is licensed as a 4 bedroom. A wall and a door can be added to reestablish the 4th bedroom. Lower unit is a one bedroom that is currently occupied and rents for $1,150/month. The owner pays for gas, water, trash and sewer. It is possible to connect the lower and upper unit and add more bedrooms as a single-family house. Lot is 7,816 sf provides a one car garage and off-street parking. Close to the University of Minnesota, Dinkytown is the center of Minneapolis student life, with an eclectic mix of secondhand clothing and bike-gear shops, used bookstores, cafes and casual bars. Location also provides easy access to 35W and downtown Minneapolis.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,358
Year Built
- Built in 1900
Parking
- 1 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,116 Sq Ft Home
- 2-Story Property
- Basement
- Stone or Rock in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Front Porch
- Lot Dimensions are 51 x 153
- Boiler Heating System
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for gas, sewer, taxes, trash collection
- Assessor Parcel Number 2402924130084
Community Details
Overview
- 2 Units
- Thwings Add Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Nov 14, 2024
Sold by
Kepner Living Trust and Kepner Gordon R
Bought by
1219 7Th St Se Llc
Seller's Agent
Jerry Lindeen
Metro Group Real Estate
Buyer's Agent
Jerry Lindeen
Metro Group Real Estate
List Price
$519,900
Sold Price
$471,150
Premium/Discount to List
-$48,750
-9.38%
Total Days on Market
21
Views
7
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
$7,846
Avg. Annual Appreciation
3.05%
Similar Homes in Minneapolis, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $471,150 | Land Title | |
| Deed | $471,150 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $471,150 | -9.4% | $223 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $519,900 | -- | $246 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $7,358 | $460,000 | $202,000 | $258,000 |
| 2022 | $7,339 | $423,000 | $163,000 | $260,000 |
| 2021 | $6,142 | $432,000 | $184,000 | $248,000 |
| 2020 | $5,833 | $376,000 | $120,800 | $255,200 |
| 2019 | $5,990 | $330,000 | $80,500 | $249,500 |
| 2018 | $5,171 | $330,000 | $80,500 | $249,500 |
| 2017 | $5,285 | $282,000 | $73,200 | $208,800 |
| 2016 | $5,453 | $282,000 | $73,200 | $208,800 |
| 2015 | $5,722 | $282,000 | $73,200 | $208,800 |
| 2014 | -- | $245,000 | $63,700 | $181,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Lindeen
Seller's Agent in 2024
Jerry Lindeen
Metro Group Real Estate
(612) 239-6390
3 in this area
34 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6615827
APN: 24-029-24-13-0084
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