$2,515,000
SOLD OCT 18, 2024
7 Beds
8.5 Baths
7,773 Sq Ft
0.97 Acres

Recently Sold

$324 Per Sq Ft

3% Below List Price

155 Days on Market

Highlights

  • City View
  • Fireplace in Primary Bedroom
  • No HOA
  • 42,253 Sq Ft lot
  • Recreation Room
  • The kitchen features windows

About This Home

As of October 2024

Nestled on one of Lowry Hill's premier lots, this refined residence boasts a seamless blend of historic charm and modern luxury. Sprawling across nearly an acre of meticulously landscaped grounds, the home welcomes you with an elegant foyer leading to expansive living and dining areas. The new kitchen seamlessly transitions into the family room, while the sunroom and library offer picturesque views. Upstairs, the primary suite features a sitting area, fireplace, spa-like bathroom, and spacious closets. With 6 guest bedrooms each with their own bathroom, plus a lower-level rec room and 3 car heated garage, this home offers unparalleled comfort and convenience. Originally crafted by renowned architect Fredrick M. Mann for Dr. Charles M. Read, this exceptional property epitomizes sophistication and offers an extraordinary living experience. See supplements for recent enhancements.

Last Agent to Sell the Property

Adam Fonda

Compass Listed on: 05/15/2024

Compass

Last Buyer's Agent

Cody Anderson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,067

Year Built

  • Built in 1923

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 200x254x160x237
  • Partially Fenced Property
  • Wood Fence

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Library
  • Recreation Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Summit Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2802924420048

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,067

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1923
  • Above Grade Finished Sq Ft: 6266
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Concrete, Walkout
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Primary Bedroom, Wood Burning
  • Living Area: 7773
  • Below Grade Finished Sq Ft: 1507
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Library, Sun Room, Recreation Room
  • SqFtTotal: 9564.00

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Fencing: Partial, Wood
  • Neighborhood: Lowry Hill
  • PatioPorchType: Deck,Patio,Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Electric Vehicle Charging Station(s), Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
  • Garage Square Feet: 680

Utilities

  • Heating: Boiler, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: City View,Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Security System,Skylight,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 200x254x160x237
  • Lot Size Sq Ft: 42253.2
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2802924420048
  • Tax Annual Amount: 44067
  • TaxWithAssessments: 44067.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Oct 16, 2024
Sold by
Rosenblum Kenneth and Simonds Ann W
Bought by
Babcock John and Cruz Andrea Rodriguez
Seller's Agent
Adam Fonda
Compass
Buyer's Agent
Cody Anderson
RE/MAX Results
List Price
$2,595,000
Sold Price
$2,515,000
Premium/Discount to List
-$80,000
-3.08%
Views
95
Current Estimated Value
$2,565,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,900
Avg. Annual Appreciation
2.11%
Original Mortgage
$1,999,999
Outstanding Balance
$1,978,370
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$587,531

Purchase Details

Closed on
Feb 16, 2018
Sold by
Rosenblum Kenneth and Simonds Ann Wh
Bought by
Rosenblum Kenneth

Purchase Details

Closed on
Jul 8, 2010
Sold by
Taft John G and Delaney Taft Laura
Bought by
Rosenblum Ken

Purchase Details

Closed on
Aug 18, 2000
Sold by
Phillips John D and Phillips Gwendolen M
Bought by
Taft John G and Mcphee Martha A
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,515,000 Flex Title
Quit Claim Deed -- None Available
Warranty Deed $2,000,000 --
Warranty Deed $2,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,999,999 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $2,515,000 -3.1% $324 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $2,595,000 -- $334 / Sq Ft
Source: NorthstarMLS

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 $43,972 $2,515,000 $1,348,000 $1,167,000
2023 $44,653 $2,880,000 $1,383,000 $1,497,000
2022 $38,234 $2,796,000 $1,383,000 $1,413,000
2021 $36,797 $2,337,000 $915,000 $1,422,000
2020 $39,799 $2,336,500 $1,075,000 $1,261,500
2019 $40,875 $2,336,500 $1,075,000 $1,261,500
2018 $39,197 $2,336,500 $1,075,000 $1,261,500
2017 $39,764 $2,225,000 $977,300 $1,247,700
2016 $39,598 $2,152,000 $977,300 $1,174,700
2015 $41,481 $2,152,000 $977,300 $1,174,700
2014 -- $2,044,500 $1,112,300 $932,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6537049

NorthstarMLS

APN: 28-029-24-42-0048