1401 Summit Ave Unit 1401 Minneapolis, MN 55403
Lowry Hill NeighborhoodEstimated Value: $541,000 - $927,000
3
Beds
2.5
Baths
3,115
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Corner Lot
- The kitchen features windows
- Walk-In Closet
- Community Garden
- 2 Car Attached Garage
- Central Air
About This Home
As of September 2022Historic Mansion converted to urban living at its finest! Enjoy all that Lowry Hill location offers including walking distance to the lakes, shopping, restaurants and Kenwood Park. Original home designed by William Kenyon and John Bradstreet. Has been professionally converted to 3 unique units with Assoc. Stunning interior design, perfect for the art enthusiast or collector! Beautiful great room includes barrel vault ceiling with skylights, fireplace, and bright natural lighting. Adjacent dining room offers built-in buffet and bar area. Kitchen includes new cabinetry, Granite c.tops, SS appl, pantry, center island and sliding glass door walkout to private deck! Gallery style staircase leads to 3 bedrooms & 2 bath. Studio space attached to owner's closet, perfect for yoga, art or nursery. Two parking spaces in the attached garage. Gorgeous fenced yard and peaceful gardens to enjoy, plant, grow and contribute if you wish. See supplements for the Historical Story of this lovely mansion.
Last Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,324
Year Built
- Built in 1909
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 135 x 80
- Property is Fully Fenced
- Wood Fence
HOA Fees
- $900 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Studio
- Pitched Roof
- Tile Roof
Interior Spaces
- 3,115 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Kitchen
- Cooktop
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Shared Basement
- Basement Storage
Home Security
Utilities
- Central Air
- Boiler Heating System
Listing and Financial Details
- Assessor Parcel Number 2802924430251
Community Details
Overview
- Association fees include maintenance structure, hazard insurance, heating, lawn care, ground maintenance, parking, trash, shared amenities, snow removal, water
- Lowry Gardens Condo Association, Phone Number (612) 701-9283
- Condo 0687 Lowry Gardens A Con Subdivision
Additional Features
- Community Garden
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2022
Closed on
Aug 17, 2022
Sold by
Geyerman Richard R
Bought by
Seiler Scott and Seiler Alexis
Seller's Agent
Sheryl Petrashek
RE/MAX Results
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Total Days on Market
185
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
$168,104
Avg. Annual Appreciation
5.08%
Original Mortgage
$412,500
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2001
Sold by
Alexander John A and Alexander Elizabeth K
Bought by
Geyerman Richard R
Purchase Details
Closed on
Oct 15, 1999
Sold by
Swirnoff Michael A and Swirnoff Sandra G
Bought by
Alexander John A and Alexander Elizabeth K
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 |
|---|---|---|---|
| Seiler Scott | $550,000 | -- | |
| Geyerman Richard R | $575,000 | -- | |
| Alexander John A | $540,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Seiler Scott | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2022 09/06/22 | Sold | $550,000 | -2.1% | $177 / Sq Ft |
| 07/23/2022 07/23/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | Price Changed | $562,000 | -2.3% | $180 / Sq Ft |
| 06/02/2022 06/02/22 | For Sale | $575,000 | 0.0% | $185 / Sq Ft |
| 05/20/2022 05/20/22 | Pending | -- | -- | -- |
| 03/11/2022 03/11/22 | Price Changed | $575,000 | -3.4% | $185 / Sq Ft |
| 01/19/2022 01/19/22 | For Sale | $595,000 | -- | $191 / 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 | $9,180 | $667,000 | $155,000 | $512,000 |
| 2022 | $9,324 | $660,000 | $155,000 | $505,000 |
| 2021 | $9,002 | $641,000 | $155,000 | $486,000 |
| 2020 | $9,746 | $641,000 | $170,600 | $470,400 |
| 2019 | $8,784 | $641,000 | $170,600 | $470,400 |
| 2018 | $8,156 | $572,500 | $170,600 | $401,900 |
| 2017 | $7,489 | $486,500 | $155,100 | $331,400 |
| 2016 | $8,019 | $504,000 | $155,100 | $348,900 |
| 2015 | $7,995 | $480,000 | $155,100 | $324,900 |
| 2014 | -- | $480,000 | $143,200 | $336,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sheryl Petrashek
Seller's Agent in 2022
Sheryl Petrashek
RE/MAX Results
(612) 889-6496
1 in this area
245 Total Sales
-
N
Buyer's Agent in 2022
NON-RMLS NON-RMLS
Non-MLS
Map
Source: NorthstarMLS
MLS Number: 6143598
APN: 28-029-24-43-0251
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