NOT LISTED FOR SALE

1405 E 38th St Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $210,000 - $308,000

2 Beds
1 Bath
925 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $49,000 $53 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $1,502/month

98 Days on Market

Highlights

  • Porch
  • Landscaped with Trees
  • Forced Air Heating System
  • Woodwork
  • Tile Flooring
  • Dining Room

About This Home

As of December 2013

Fantastic price! pay less to own than renting. Cozy two bedroom one bath home that is blocks from the bus line and just minutes from pretty much everything - downtown Minneapolis, surrounding suburbs, MOA, parks and bike paths and new light rail system.

Last Agent to Sell the Property

Henry Rucker

Banneker Realty, LLC Listed on: 05/04/2013

Co-Listed By

Eric Heard

Banneker Realty, LLC

Last Buyer's Agent

Elaine Karel

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 40x40
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 925 Sq Ft Home
  • Woodwork
  • Dining Room
  • Tile Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1102824120060

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork, Tiled Floors
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.04
  • Construction: Previously Owned
  • Foundation Size: 655
  • Parcel Number: 1102824120060
  • Projected Closed Date: 12/27/2013
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 874
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: Full Master
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x11, On Level: Main
  • Room 2: Dining Room, 17x08, On Level: Main
  • Room 4: Kitchen, 18x08, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Upper
  • Room 6: Bedroom, 10x09, On Level: Main
  • Room 9: Porch, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 925
  • Total Fin Square Footage: 925

Exterior Features

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

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x40
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2012
  • Tax Value: 874

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Spangenthal Rebecca
Bought by
Bubul Thomas
Current Estimated Value
$246,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Outstanding Balance
$73,755
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$172,309

Purchase Details

Closed on
May 9, 2022
Sold by
James Spangenthal Rebecca
Bought by
Bubul Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Outstanding Balance
$73,755
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$172,309

Purchase Details

Closed on
Jun 12, 2018
Sold by
Burchard Adam Henry and Sims Burchard Ginny
Bought by
Spangenthal Rebecca James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2013
Closed on
Dec 17, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Burchard Adam Henry
Seller's Agent
Henry Rucker
Banneker Realty, LLC
Buyer's Agent
Elaine Karel
Coldwell Banker Burnet
List Price
$49,000
Sold Price
$49,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Original Mortgage
$57,603
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 6, 2012
Sold by
Bonneville Corey J
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 13, 2009
Sold by
Gallop Solutions Inc
Bought by
Bonneville Corey J

Purchase Details

Closed on
May 7, 2009
Sold by
Bodner Anita H
Bought by
Gallop Solutions Inc
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
Bubul Thomas $185,000 --
Bubul Thomas J $185,000 Watermark Title
Spangenthal Rebecca James $145,000 Burnet Title
Burchard Adam Henry -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $83,395 --
Bank Of America Na $83,395 None Available
Bonneville Corey J $81,100 --
Gallop Solutions Inc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bubul Thomas $77,700
Closed Bubul Thomas J $77,700
Previous Owner Spangenthal Rebecca James $123,250
Previous Owner Burchard Adam Henry $57,603
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2013 12/17/13 Sold $49,000 0.0% $53 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
05/04/2013 05/04/13 For Sale $49,000 -- $53 / 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 $2,431 $164,000 $46,000 $118,000
2023 $2,280 $175,000 $46,000 $129,000
2022 $2,036 $179,000 $41,000 $138,000
2021 $1,439 $167,000 $24,000 $143,000
2020 $1,561 $130,000 $5,000 $125,000
2019 $1,081 $130,000 $5,000 $125,000
2018 $992 $97,000 $5,000 $92,000
2017 $1,146 $95,000 $4,500 $90,500
2016 $1,023 $85,500 $4,500 $81,000
2015 $1,436 $82,000 $4,500 $77,500
2014 -- $72,500 $4,500 $68,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Henry Rucker

    Banneker Realty, LLC

  • E

    Seller Co-Listing Agent in 2013

    Eric Heard

    Banneker Realty, LLC

  • E

    Buyer's Agent in 2013

    Elaine Karel

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4472718

REALTOR® Association of Southern Minnesota

APN: 11-028-24-12-0060

Minnesota Hennepin County Minneapolis 55407 Bancroft

1405 E 38th St, Minneapolis, MN

This home is located at 1405 E 38th St, Minneapolis, MN 55407 since 04 May 2013 and is currently estimated at $246,064, approximately $266 per square foot. This property was built in 1900. 1405 E 38th St is a home located in Hennepin County with nearby schools including Bancroft Elementary School, Andersen United Middle School, and South Senior 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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