NOT LISTED FOR SALE

1404 University Ave NE Minneapolis, MN 55413

Sheridan Neighborhood

Estimated Value: $495,000 - $574,000

6 Beds
3 Baths
2,688 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $314,500 $117 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,570/month

21 Days on Market

About This Home

As of April 2014

Truly spectacular duplex everything was done to maintain the original character of the home. Brand new high affiant boilers insulation added to the walls and entire home for energy affiance. Rooms are large and layout well, in unit laundry. A MUST SEE!

Last Agent to Sell the Property

Terry Buchanan

Real Estate Masters, Ltd Listed on: 02/18/2014

Last Buyer's Agent

Thomas Sommers

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1928

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42x132
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,688 Sq Ft Home
  • Fireplace
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 04/15/2014
  • Taxes With Assessments: 3500
  • Estimated Number of Acres: 0.13
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows
  • Finished Above Grade Sq Ft: 2688
  • Total Fin Square Footage: 2688

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 42x132

Building Info

  • Year Built: 1928

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 3500

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Apr 15, 2014
Sold by
Kayak Remodeling & Redevelopment Llc
Bought by
Chan Philip W
Seller's Agent
Terry Buchanan
Real Estate Masters, Ltd
Buyer's Agent
Thomas Sommers
Edina Realty, Inc.
List Price
$299,900
Sold Price
$314,500
Premium/Discount to List
$14,600
4.87%
Current Estimated Value
$535,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,534
Avg. Annual Appreciation
4.75%
Original Mortgage
$251,600
Outstanding Balance
$191,766
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$343,268

Purchase Details

Closed on
Nov 5, 2013
Sold by
Twin Cities Community Land Bank Llc
Bought by
Kayak Remodeling & Redevelopment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.33%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2013
Sold by
Us Bank National Association
Bought by
Twin Cities Community Land Bank Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.33%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 7, 2012
Sold by
Svoboda Joseph
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 1, 2006
Sold by
Dubois Jeanne M
Bought by
Svoboda Joseph

Purchase Details

Closed on
Jun 28, 2001
Sold by
Cliollo Sandra T
Bought by
Dubois Jeanne M and Voss Scott M

Purchase Details

Closed on
Nov 16, 2000
Sold by
Lindquist Derek
Bought by
Lema Juan B and Criollo Sandra T
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chan Philip W $314,500 Liberty Title Inc
Kayak Remodeling & Redevelopment Llc $179,900 Land Title Inc
Twin Cities Community Land Bank Llc $179,900 Land Title
Us Bank National Association $193,000 --
Us Bank National Association $193,000 None Available
Svoboda Joseph $315,000 --
Dubois Jeanne M $299,900 --
Lema Juan B $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Philip W $251,600
Previous Owner Twin Cities Community Land Bank Llc $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2014 04/15/14 Sold $314,500 +4.9% $117 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $299,900 -- $112 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $8,809 $483,000 $109,000 $374,000
2023 $7,902 $494,000 $97,000 $397,000
2022 $8,269 $502,000 $90,000 $412,000
2021 $7,725 $464,000 $48,000 $416,000
2020 $8,351 $464,000 $33,500 $430,500
2019 $7,678 $464,000 $22,300 $441,700
2018 $5,563 $414,500 $22,300 $392,200
2017 $4,673 $311,500 $20,300 $291,200
2016 $5,405 $279,500 $20,300 $259,200
2015 $4,931 $243,000 $20,300 $222,700
2014 -- $221,000 $18,500 $202,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Terry Buchanan

    Real Estate Masters, Ltd

  • T

    Buyer's Agent in 2014

    Thomas Sommers

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4580296

REALTOR® Association of Southern Minnesota

APN: 14-029-24-23-0026

Minnesota Hennepin County Minneapolis 55413 Sheridan

1404 University Ave NE, Minneapolis, MN

This home is located at 1404 University Ave NE, Minneapolis, MN 55413 since 18 February 2014 and is currently estimated at $535,034, approximately $199 per square foot. This property was built in 1928. 1404 University Ave NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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