1507 Madison St NE Minneapolis, MN 55413
Logan Park Neighborhood
4
Beds
1
Bath
1,480
Sq Ft
5,227
Sq Ft Lot
Highlights
- No HOA
- Living Room
- Hot Water Heating System
- The kitchen features windows
- Entrance Foyer
- 2 Car Garage
About This Home
As of December 2023Welcome to this magnificent piece of history nestled in the heart of Northeast Minneapolis, where the charm of Swedish Victorian architecture seamlessly blends with modern amenities. This property is a true gem, boasting stunning features such as a grand cascade staircase inspired by the iconic Jenny Lind style, elaborate stained glass windows, and meticulously refinished maple floors that exude timeless elegance. Opportunity to build equity by finishing off 3rd level and/or basement to fit your needs! Located in a desirable Northeast location with an abundance of breweries and trendy restaurants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,855
Year Built
- Built in 1905
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40x127
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Unfinished Walls
- Pitched Roof
- Shake Siding
Interior Spaces
- 1,480 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Living Room
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Stone or Rock in Basement
Utilities
- Hot Water Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1402924120171
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2023
Closed on
Dec 22, 2023
Sold by
Wood Jeffrey J and Wood Brenna C
Bought by
Carlson Selena and Dahl John
Seller's Agent
Shane Montoya
Coldwell Banker Realty
Buyer's Agent
Daren Jensen
Edina Realty, Inc.
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%
Views
104
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
$12,713
Avg. Annual Appreciation
2.76%
Original Mortgage
$308,750
Outstanding Balance
$305,009
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$34,085
Purchase Details
Listed on
Jul 15, 2013
Closed on
Sep 13, 2013
Sold by
Johnson Richard N
Bought by
Wood Jeffrey J and Sheehan Brenna C
Seller's Agent
Mark Kozlak
Edina Realty, Inc.
Buyer's Agent
Patrick Manning
Edina Realty, Inc.
List Price
$215,000
Sold Price
$206,000
Premium/Discount to List
-$9,000
-4.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$195,700
Interest Rate
4.56%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 15, 2013
Closed on
Sep 4, 2013
Sold by
Johnson Grace G
Bought by
Johnson Richard N and Johnson Beverly A
Seller's Agent
Mark Kozlak
Edina Realty, Inc.
Buyer's Agent
Patrick Manning
Edina Realty, Inc.
List Price
$215,000
Sold Price
$206,000
Premium/Discount to List
-$9,000
-4.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
4.56%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Great North Title | |
| Warranty Deed | $206,000 | Edina Realty Title Inc | |
| Interfamily Deed Transfer | -- | Edina Realty Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $308,750 | New Conventional | |
| Previous Owner | $192,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $46,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $195,700 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $325,000 | 0.0% | $220 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 12/01/2023 12/01/23 | Off Market | $325,000 | -- | -- |
| 11/28/2023 11/28/23 | Price Changed | $335,000 | -6.9% | $226 / Sq Ft |
| 09/22/2023 09/22/23 | For Sale | $360,000 | +74.8% | $243 / Sq Ft |
| 09/13/2013 09/13/13 | Sold | $206,000 | -4.2% | $139 / Sq Ft |
| 08/23/2013 08/23/13 | Pending | -- | -- | -- |
| 07/15/2013 07/15/13 | For Sale | $215,000 | -- | $145 / 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 | $4,007 | $315,000 | $139,000 | $176,000 |
| 2022 | $4,000 | $302,000 | $126,000 | $176,000 |
| 2021 | $3,863 | $298,000 | $69,000 | $229,000 |
| 2020 | $3,967 | $298,000 | $30,400 | $267,600 |
| 2019 | $3,671 | $284,000 | $26,300 | $257,700 |
| 2018 | $3,211 | $258,000 | $26,300 | $231,700 |
| 2017 | $2,989 | $210,000 | $23,900 | $186,100 |
| 2016 | $2,763 | $191,000 | $23,900 | $167,100 |
| 2015 | $2,433 | $165,000 | $23,900 | $141,100 |
| 2014 | -- | $143,500 | $23,900 | $119,600 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Montoya
Seller's Agent in 2023
Shane Montoya
Coldwell Banker Burnet
(651) 492-6423
2 in this area
608 Total Sales
-
Timothy Sheehan
T
Seller Co-Listing Agent in 2023
Timothy Sheehan
Coldwell Banker Burnet
(651) 227-9144
1 in this area
14 Total Sales
-
Daren Jensen
Buyer's Agent in 2023
Daren Jensen
Edina Realty, Inc.
(612) 720-6284
1 in this area
125 Total Sales
-
M
Seller's Agent in 2013
Mark Kozlak
Edina Realty, Inc.
-
P
Buyer's Agent in 2013
Patrick Manning
Edina Realty, Inc.
Map
Source: NorthstarMLS
MLS Number: 6429100
APN: 14-029-24-12-0171
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