1409 Cedar Lake Pkwy Minneapolis, MN 55416
Bryn Mawr NeighborhoodEstimated Value: $557,000 - $620,000
3
Beds
2
Baths
2,026
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- The kitchen features windows
- 1-Story Property
- No HOA
- Patio
- Forced Air Heating and Cooling System
About This Home
As of May 2024Fabulous, fully remodeled home one block north of Cedar Lake and across the street from Brownie Lake. Contemporary, design-forward, thoughtful renovations and furnishings, which can be included with the sale. Large windows bring in tons of natural light throughout the home. Two bedrooms on the main level plus a full bedroom suite, den, and kitchenette on the lower level. This home has wonderful curb appeal with mature landscaping and a fully fenced, private outdoor space perfect for entertaining. Incredible location near Theo Wirth, the Chain of Lakes, and convenient highway connectivity to downtown or anywhere you want to go.
Lakes Area Realty G.V. Listed on: 02/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,908
Year Built
- Built in 1951
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 60x133
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
- Wire Fence
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Brownie Lake Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2902924310051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2024
Closed on
May 10, 2024
Sold by
Famakinwa Dayo and Famakinwa Katherine
Bought by
Ho Theang
Buyer's Agent
Gregory Gray
Lakes Area Realty G.V.
List Price
$635,000
Sold Price
$612,000
Premium/Discount to List
-$23,000
-3.62%
Total Days on Market
39
Views
50
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
-$10,882
Avg. Annual Appreciation
-1.69%
Original Mortgage
$520,200
Outstanding Balance
$515,257
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$85,861
Purchase Details
Closed on
Jun 28, 2021
Sold by
Russ Marcy Lynn and Perry Peter
Bought by
Famakinwa Dayo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2011
Closed on
Jan 31, 2012
Sold by
Wells Fargo Bank Na
Bought by
Russ Marcy L
Seller's Agent
David Anderson
Edina Realty, Inc.
Buyer's Agent
Bruce Erickson
Coldwell Banker Burnet
List Price
$275,000
Sold Price
$236,000
Premium/Discount to List
-$39,000
-14.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$188,800
Interest Rate
3.95%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ho Theang | $612,000 | First American Title Insurance | |
| Famakinwa Dayo | $600,000 | Burnet Title | |
| Russ Marcy L | $236,000 | Old Republic Title | |
| Framakinwa Dayo Dayo | $600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ho Theang | $520,200 | |
| Previous Owner | Famakinwa Dayo | $450,000 | |
| Previous Owner | Russ Marcy Lynn | $428,000 | |
| Previous Owner | Russ Marcy Lynn | $250,000 | |
| Previous Owner | Russ Marcy L | $188,800 | |
| Closed | Framakinwa Dayo Dayo | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $612,000 | -2.1% | $302 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/09/2024 03/09/24 | Price Changed | $625,000 | -1.6% | $308 / Sq Ft |
| 02/22/2024 02/22/24 | For Sale | $635,000 | +169.1% | $313 / Sq Ft |
| 01/31/2012 01/31/12 | Sold | $236,000 | -14.2% | $145 / Sq Ft |
| 01/10/2012 01/10/12 | Pending | -- | -- | -- |
| 09/08/2011 09/08/11 | For Sale | $275,000 | -- | $169 / 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 | $7,280 | $548,000 | $257,000 | $291,000 |
| 2022 | $5,972 | $521,000 | $223,000 | $298,000 |
| 2021 | $5,809 | $431,000 | $172,000 | $259,000 |
| 2020 | $6,156 | $416,000 | $179,700 | $236,300 |
| 2019 | $6,340 | $408,000 | $179,700 | $228,300 |
| 2018 | $5,343 | $408,000 | $179,700 | $228,300 |
| 2017 | $4,982 | $314,000 | $163,400 | $150,600 |
| 2016 | $4,531 | $294,500 | $163,400 | $131,100 |
| 2015 | $4,756 | $294,700 | $163,400 | $131,300 |
| 2014 | -- | $265,000 | $151,900 | $113,100 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Gray
Buyer's Agent in 2024
Gregory Gray
Lakes Area Realty G.V.
(612) 275-1116
1 in this area
128 Total Sales
-
D
Seller's Agent in 2012
David Anderson
Edina Realty, Inc.
-
B
Buyer's Agent in 2012
Bruce Erickson
Coldwell Banker Burnet
Map
Source: NorthstarMLS
MLS Number: 6489618
APN: 29-029-24-31-0051
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