1401 Penn Ave N Minneapolis, MN 55411
Willard-Hay NeighborhoodEstimated Value: $230,000 - $240,548
3
Beds
2.5
Baths
1,804
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- Forced Air Heating and Cooling System
- No HOA
- The kitchen features windows
- 5-minute walk to Willard Park
About This Home
As of April 2024Step into this charming 1920s home on a corner lot, boasting original features. Sunlit sunroom welcomes you with hardwood floors flowing throughout, accompanied by abundant windows. Spacious living room offers a cozy wood-burning fireplace and an extra nook for reading or office space. An adjoining large dining area features an original built-in buffet. Just steps away, the kitchen is equipped with stainless steel appliances and provides access to the backyard and a 1-car detached garage. Main level includes a bedroom and a full shared bathroom with a tub/shower combo and hexagon tile floors. Upstairs, two large bedrooms await, private balcony access and a three-quarter bathroom. Unfinished lower level holds immense potential, with ample storage space and a washer/dryer. Conveniently located within walking distance to the bus stop and close to Theodore Wirth Regional Park, Bassett Creek, and highway access.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,859
Year Built
- Built in 1924
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 42 x 128
Parking
- 1 Car Garage
Interior Spaces
- 1,804 Sq Ft Home
- 1.5-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Pratts Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1702924440013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
Apr 16, 2024
Sold by
Payne Marcella
Bought by
Howell George
Seller's Agent
Daniel Desrochers
eXp Realty
Buyer's Agent
Erik Clark
Lakes Sotheby's International Realty
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%
Total Days on Market
36
Views
241
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
$637
Avg. Annual Appreciation
0.24%
Original Mortgage
$227,411
Outstanding Balance
$225,074
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$10,563
Purchase Details
Closed on
Mar 17, 2021
Sold by
Payne Marcella Grace
Bought by
Payne Marcella Grace and Marcella Grace Payne Revocable
Purchase Details
Closed on
Oct 19, 2015
Sold by
Lawless William Craig and Lawless Robbin L
Bought by
Payne Marcella Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,519
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
May 15, 2003
Sold by
Holmes Carolyn C
Bought by
Lawless William C
Similar Homes in Minneapolis, MN
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 |
|---|---|---|---|
| Howell George | $235,000 | -- | |
| Payne Marcella Grace | -- | None Available | |
| Payne Marcella Grace | $148,000 | Titlesmart Inc | |
| Lawless William C | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Howell George | $227,411 | |
| Previous Owner | Payne Marcella Grace | $139,519 | |
| Previous Owner | Lawless William Craig | $37,600 | |
| Previous Owner | Lawless William Craig | $118,685 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2024 04/23/24 | Sold | $235,000 | +2.2% | $130 / Sq Ft |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 02/07/2024 02/07/24 | For Sale | $230,000 | -- | $127 / 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 | $3,047 | $247,000 | $14,000 | $233,000 |
| 2022 | $2,576 | $232,000 | $14,000 | $218,000 |
| 2021 | $2,007 | $203,000 | $8,000 | $195,000 |
| 2020 | $1,934 | $169,500 | $9,600 | $159,900 |
| 2019 | $1,773 | $154,000 | $6,400 | $147,600 |
| 2018 | $1,533 | $140,000 | $6,400 | $133,600 |
| 2017 | $1,461 | $118,000 | $5,800 | $112,200 |
| 2016 | $1,556 | $109,000 | $5,800 | $103,200 |
| 2015 | $1,566 | $105,500 | $5,800 | $99,700 |
| 2014 | -- | $98,500 | $5,800 | $92,700 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Desrochers
Seller's Agent in 2024
Daniel Desrochers
eXp Realty
(612) 554-4773
5 in this area
1,709 Total Sales
-
Bill Keller
Seller Co-Listing Agent in 2024
Bill Keller
eXp Realty
(952) 240-4114
1 in this area
127 Total Sales
-
Erik Clark
E
Buyer's Agent in 2024
Erik Clark
Lakes Sotheby's International Realty
(952) 230-3101
1 in this area
3 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6484657
APN: 17-029-24-44-0013
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