Seller's Agent in 2024
Patrick Paulson
Lakes Area Realty
(612) 386-8902
4 in this area
52 Total Sales
1221 E 28th St Minneapolis, MN 55407
Phillips NeighborhoodEstimated Value: $212,000 - $273,332
2
Beds
2
Baths
1,340
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Guest House
- No HOA
- Living Room
- Corner Lot
- Porch
- 3-minute walk to Stewart Park
About This Home
As of August 2024Charming and updated South Minneapolis home situated on a desirable corner lot. This two-story residence features a finished basement with a separate entry, offering versatile living options such as a guest suite. While not designated as a bedroom due to its ceiling height just under 7 feet, the basement guest room includes an egress window and closet. 3/4 bath, entry area, and utility room are also in the lower level.
The main floor boasts a beautifully updated kitchen, a formal dining room, and a living room adorned with stunning hardwood floors. Step outside to enjoy the expansive front porch that spans the width of the house, perfect for relaxing or entertaining. Upstairs, you'll find two cozy bedrooms and a bath, providing ample space for rest and relaxation.
Completing this lovely home is a single garage with a driveway accessible from the quieter street, offering convenience and ease of access. Excellent opportunity for affordable homeownership.
Measurements estimated.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,652
Year Built
- Built in 1907
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 42x92
- Corner Lot
Parking
- 1 Car Garage
Interior Spaces
- 2-Story Property
- Entrance Foyer
- Living Room
- Utility Room
- Finished Basement
- Basement Window Egress
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Boiler Heating System
- 100 Amp Service
Additional Features
- Porch
- Guest House
Community Details
- No Home Owners Association
- Rutledges Rgt & Shaws Subdivision
Listing and Financial Details
- Assessor Parcel Number 3502924430135
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2024
Closed on
Aug 8, 2024
Sold by
Metro Rehabbers Llc
Bought by
Gutierrez Diego Angelica
Seller's Agent
Patrick Paulson
Lakes Area Realty
Buyer's Agent
Anthony Giron
RE/MAX Advantage Plus
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Views
20
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
$7,833
Avg. Annual Appreciation
3.11%
Original Mortgage
$35,000
Outstanding Balance
$16,239
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$231,594
Purchase Details
Listed on
Jun 22, 2024
Closed on
Jul 25, 2024
Sold by
Metro Rehabbers Llc
Bought by
Diego Angelica Gutierrez
Seller's Agent
Patrick Paulson
Lakes Area Realty
Buyer's Agent
Anthony Giron
RE/MAX Advantage Plus
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$16,239
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$231,594
Purchase Details
Listed on
Jun 27, 2023
Closed on
Jul 31, 2023
Sold by
Larson Keven
Bought by
Metro Rehabbers Llc A Minnesota Limite
Seller's Agent
Joel Hewitt
Keller Williams Classic Realty
Buyer's Agent
Patrick Paulson
Lakes Area Realty
List Price
$115,000
Sold Price
$115,000
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.27%
Original Mortgage
$115,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 27, 2023
Closed on
Jul 25, 2023
Sold by
Larson Keven M
Bought by
Metro Rehabbers Llc
Seller's Agent
Joel Hewitt
Keller Williams Classic Realty
Buyer's Agent
Patrick Paulson
Lakes Area Realty
List Price
$115,000
Sold Price
$115,000
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.69%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Gutierrez Diego Angelica | $240,000 | -- | |
| Diego Angelica Gutierrez | $240,000 | K2 Title | |
| Metro Rehabbers Llc A Minnesota Limite | $115,000 | -- | |
| Metro Rehabbers Llc | $115,000 | Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Diego Angelica Gutierrez | $35,000 | |
| Open | Gutierrez Diego Angelica | $199,200 | |
| Closed | Diego Angelica Gutierrez | $199,200 | |
| Previous Owner | Metro Rehabbers Llc A Minnesota Limite | $115,000 | |
| Previous Owner | Metro Rehabbers Llc | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2024 08/08/24 | Sold | $240,000 | +4.4% | $179 / Sq Ft |
| 07/04/2024 07/04/24 | Pending | -- | -- | -- |
| 06/23/2024 06/23/24 | For Sale | $229,900 | +99.9% | $172 / Sq Ft |
| 07/28/2023 07/28/23 | Sold | $115,000 | 0.0% | $120 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/27/2023 06/27/23 | For Sale | $115,000 | -- | $120 / 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 | $1,636 | $147,000 | $35,000 | $112,000 |
| 2022 | $1,898 | $147,000 | $23,000 | $124,000 |
| 2021 | $1,848 | $147,500 | $16,000 | $131,500 |
| 2020 | $1,762 | $147,500 | $11,400 | $136,100 |
| 2019 | $1,468 | $143,000 | $7,600 | $135,400 |
| 2018 | $1,209 | $121,000 | $7,600 | $113,400 |
| 2017 | $1,088 | $95,500 | $6,900 | $88,600 |
| 2016 | $1,065 | $83,000 | $6,900 | $76,100 |
| 2015 | $958 | $83,000 | $6,900 | $76,100 |
| 2014 | -- | $79,000 | $6,900 | $72,100 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Paulson
-
Razia Sultan
R
Seller Co-Listing Agent in 2024
Razia Sultan
Lakes Area Realty
(612) 946-4852
2 in this area
7 Total Sales
-
Anthony Giron
A
Buyer's Agent in 2024
Anthony Giron
RE/MAX Advantage Plus
(612) 214-8855
1 in this area
15 Total Sales
-
Joel Hewitt
Seller's Agent in 2023
Joel Hewitt
Keller Williams Classic Realty
(651) 485-5138
1 in this area
3 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6555730
APN: 35-029-24-43-0135
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