NOT LISTED FOR SALE

1428 Grand St NE Minneapolis, MN 55413

Sheridan Neighborhood

Estimated Value: $446,000 - $562,000

4 Beds
2 Baths
2,972 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $220,000 $74 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,336/month

10 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Coin Laundry
  • 2 Car Detached Garage

About This Home

As of April 2015

Beautiful duplex in the heart of NE! 2 new furnaces & 2 new water heaters. Large kitchens & tons of character on a quiet tree lined street. 2 car detached garage & great back yard. 100% rented.

Last Agent to Sell the Property

Dick Braun

Coldwell Banker Burnet Listed on: 03/13/2015

Co-Listed By

Tina Swanson

Coldwell Banker Burnet

Last Buyer's Agent

Rashid Omar

Medina Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,222

Year Built

  • Built in 1902

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 43x102x25x49x115
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 2,972 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,222

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 05/05/2015
  • Taxes With Assessments: 3222
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1983
  • Total Fin Square Footage: 2972
  • Below Grade Finished Sq Ft: 989

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: 43x102x25x49x115

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1902

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 3222

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Robles Anita and Ortiz Cleimer
Bought by
Schmidt Jessica L and Kagen Thomas J
Current Estimated Value
$508,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 24, 2015
Sold by
Wellner James A
Bought by
Ortiz Cleimer and Robles Anita
Seller's Agent
Dick Braun
Coldwell Banker Burnet
Buyer's Agent
Rashid Omar
Medina Realty, Inc
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$176,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Wellner Gary A and Wellner Gail L
Bought by
Wellner Gary A and The Gary A Wellner Revocable Living Trus

Purchase Details

Closed on
Jan 7, 2013
Sold by
Wellner Gary A
Bought by
Wellner Gary A and Wellner Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
3.28%
Mortgage Type
New Conventional
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
Schmidt Jessica L $409,000 Lendserv National Title
Ortiz Cleimer $220,000 Title One Inc
Wellner Gary A -- None Available
Wellner Gary A -- Nations Title Agency Mn Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Jessica L $291,000
Closed Schmidt Jessica L $327,200
Previous Owner Robles Anita $73,000
Previous Owner Ortiz Cleimer $176,000
Previous Owner Wellner Gary A $146,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $220,000 0.0% $74 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $220,000 -- $74 / 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
2023 $6,831 $427,000 $123,000 $304,000
2022 $4,889 $407,000 $103,000 $304,000
2021 $4,292 $339,000 $68,000 $271,000
2020 $4,450 $308,000 $39,200 $268,800
2019 $4,081 $296,000 $26,100 $269,900
2018 $3,374 $264,500 $26,100 $238,400
2017 $2,955 $208,000 $23,700 $184,300
2016 $2,694 $187,000 $23,700 $163,300
2015 -- $162,500 $23,700 $138,800
2014 -- $147,500 $22,600 $124,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dick Braun

    Coldwell Banker Burnet

  • T

    Seller Co-Listing Agent in 2015

    Tina Swanson

    Coldwell Banker Burnet

  • R

    Buyer's Agent in 2015

    Rashid Omar

    Medina Realty, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4727832

REALTOR® Association of Southern Minnesota

APN: 15-029-24-11-0054

Minnesota Hennepin County Minneapolis 55413 Sheridan

1428 Grand St NE, Minneapolis, MN

This home is located at 1428 Grand St NE, Minneapolis, MN 55413 since 13 March 2015 and is currently estimated at $508,767, approximately $171 per square foot. This property was built in 1902. 1428 Grand St 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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