1501 University Ave NE Minneapolis, MN 55413
Sheridan Neighborhood
3
Beds
1
Bath
1,333
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 1-Story Property
- 1 Car Detached Garage
About This Home
As of May 2022Investor Special. Rehab to Flip or Rent. Great MPLS Northeast Location. Corner Lot. Structurally in good shape, New laminate flooring in Kitchen and Bath. Furnace and AC updated 2018. Quick close available. Lots of potential to build instant equity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,507
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x120
Parking
- 1 Car Detached Garage
Home Design
- Asphalt Shingled Roof
- Stucco Exterior
Interior Spaces
- 1,333 Sq Ft Home
- 1-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1402924210010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2022
Closed on
May 20, 2022
Sold by
Deep Housing Llc
Bought by
Moricz Julia A
Buyer's Agent
Matt Parrington
RE/MAX Results
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Total Days on Market
17
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
$316
Avg. Annual Appreciation
0.04%
Original Mortgage
$212,000
Outstanding Balance
$203,387
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$61,929
Purchase Details
Listed on
Dec 22, 2020
Closed on
Feb 12, 2021
Sold by
Shiva Properties Llc
Bought by
Deep Housing Llc
Seller's Agent
Andy Krishnan
Bridge Realty, LLC
Buyer's Agent
Mark Iwaskewycz
Bridge Realty, LLC
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Purchase Details
Listed on
Oct 2, 2017
Closed on
Dec 15, 2017
Sold by
Grossman Gary and Grossman Arlene
Bought by
Shiva Properties Llc
Seller's Agent
Brian Scates
Scates Real Estate, LLC
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$132,000
Interest Rate
3.95%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 2, 2017
Closed on
Nov 21, 2017
Sold by
Tcf National Bank
Bought by
Grossman Gary
Seller's Agent
Brian Scates
Scates Real Estate, LLC
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.95%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 30, 2001
Sold by
Kaczmarczyk Gregory S
Bought by
Grossman Gary
Purchase Details
Closed on
Sep 10, 1999
Sold by
Gesino Carol J
Bought by
Kaczmarczyk Gregory S
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Guaranty Commercial Title | |
| Warranty Deed | $230,000 | Midland Title | |
| Warranty Deed | $165,000 | Midland Title | |
| Quit Claim Deed | -- | Midland Title | |
| Warranty Deed | $132,500 | -- | |
| Warranty Deed | $10,000 | -- | |
| Warranty Deed | $10,000 | -- | |
| Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,000 | New Conventional | |
| Previous Owner | $132,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $265,000 | -3.6% | $199 / Sq Ft |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 04/04/2022 04/04/22 | Price Changed | $274,900 | -8.3% | $206 / Sq Ft |
| 02/24/2022 02/24/22 | For Sale | $299,900 | +30.4% | $225 / Sq Ft |
| 02/16/2021 02/16/21 | Sold | $230,000 | -4.1% | $173 / Sq Ft |
| 01/08/2021 01/08/21 | Pending | -- | -- | -- |
| 12/22/2020 12/22/20 | For Sale | $239,900 | +45.4% | $180 / Sq Ft |
| 12/15/2017 12/15/17 | Sold | $165,000 | -5.7% | $124 / Sq Ft |
| 10/29/2017 10/29/17 | Pending | -- | -- | -- |
| 10/12/2017 10/12/17 | Price Changed | $174,900 | -5.4% | $131 / Sq Ft |
| 10/02/2017 10/02/17 | For Sale | $184,900 | -- | $139 / Sq Ft |
Source: NorthstarMLS
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 | $3,117 | $252,000 | $105,000 | $147,000 |
| 2022 | $3,021 | $238,000 | $98,000 | $140,000 |
| 2021 | $2,428 | $218,000 | $51,000 | $167,000 |
| 2020 | $3,006 | $181,500 | $21,700 | $159,800 |
| 2019 | $2,583 | $173,000 | $19,200 | $153,800 |
| 2018 | $2,223 | $173,000 | $19,200 | $153,800 |
| 2017 | $2,063 | $134,000 | $17,500 | $116,500 |
| 2016 | $2,195 | $138,000 | $17,500 | $120,500 |
| 2015 | $2,121 | $127,000 | $17,500 | $109,500 |
| 2014 | -- | $111,500 | $19,900 | $91,600 |
Source: Public Records
Source: NorthstarMLS
MLS Number: NST5695690
APN: 14-029-24-21-0010
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