NOT LISTED FOR SALE

1501 Jefferson St NE Minneapolis, MN 55413

Logan Park Neighborhood

Estimated Value: $296,557 - $441,000

6 Beds
2 Baths
1,780 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 23, 2013

Last sale price $215,000 $121 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,241/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot
  • Woodwork
  • Ceiling Fan

About This Home

As of September 2013

Sold

Last Agent to Sell the Property

Jason Reed

RE/MAX Results Listed on: 09/17/2013

Last Buyer's Agent

Jason Reed

RE/MAX Results Listed on: 09/17/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43x113
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,780 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,260

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 108
  • Construction: Previously Owned
  • Projected Closed Date: 09/20/2013
  • Taxes With Assessments: 3368
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1780
  • Total Fin Square Footage: 1780

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: 43x113

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 6300

Tax Info

  • Year: 2013
  • Tax Value: 3260

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Sep 20, 2013
Sold by
Cranmer Harold F
Bought by
Spiegle Micah J and Spiegle Nicole M
Seller's Agent
Jason Reed
RE/MAX Results
Buyer's Agent
Jason Reed
RE/MAX Results
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$352,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,139
Avg. Annual Appreciation
4.19%
Original Mortgage
$208,550
Outstanding Balance
$155,565
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$196,574

Purchase Details

Closed on
Sep 26, 2012
Sold by
Cranmer Harold F and Cranmer Andrea Howe
Bought by
Cranmer Harold F and Cranmer Andrea Howe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,063
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Steiner Mark W
Bought by
Cranmer Harold F

Purchase Details

Closed on
Aug 7, 2007
Sold by
Land Holding Llc
Bought by
Steiner Mark W

Purchase Details

Closed on
Mar 16, 2007
Sold by
Land Holding Llc
Bought by
Steiner Mark W

Purchase Details

Closed on
Sep 17, 1999
Sold by
Jacobson Brent R
Bought by
Ahmed Dean and Harany Erhan Bakry
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
Spiegle Micah J $215,000 North American Title
Cranmer Harold F -- At Home Title
Cranmer Harold F $231,000 --
Steiner Mark W $140,000 --
Steiner Mark W $140,000 --
Ahmed Dean $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spiegle Micah J $208,550
Previous Owner Cranmer Harold F $177,063
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2013 09/23/13 Sold $215,000 0.0% $121 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $215,000 -- $121 / 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 $4,489 $409,000 $137,000 $272,000
2023 $4,658 $416,000 $134,000 $282,000
2022 $6,065 $193,000 $61,000 $132,000
2021 $5,448 $357,000 $66,000 $291,000
2020 $5,126 $333,500 $43,500 $290,000
2019 $4,783 $290,000 $29,000 $261,000
2018 $3,353 $263,500 $29,000 $234,500
2017 $3,146 $219,500 $26,400 $193,100
2016 $3,019 $206,000 $26,400 $179,600
2015 $2,550 $171,500 $26,400 $145,100
2014 -- $156,000 $26,400 $129,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jason Reed

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4535012

REALTOR® Association of Southern Minnesota

APN: 14-029-24-12-0012

Minnesota Hennepin County Minneapolis 55413 Logan Park

1501 Jefferson St NE, Minneapolis, MN

This home is located at 1501 Jefferson St NE, Minneapolis, MN 55413 since 17 September 2013 and is currently estimated at $352,139, approximately $197 per square foot. This property was built in 1900. 1501 Jefferson 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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