NOT LISTED FOR SALE

1510 5th St NE Minneapolis, MN 55413

Sheridan Neighborhood

Estimated Value: $323,806 - $417,000

6 Beds
2 Baths
2,016 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $206,000 $102 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,593/month

47 Days on Market

About This Home

As of July 2013

Move in ready. Return on investment 20%+. Live in one unit and have other unit pay your mortgage. Lower unit is rented for $1150. Owner can build a garage for $20,000.

Last Agent to Sell the Property

Pavel Sakurets

Real Estate Liquidators Listed on: 06/04/2013

Last Buyer's Agent

Jason Reed

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x134.92

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, fuel

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,855

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 07/29/2013
  • Taxes With Assessments: 2854.98
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2016
  • Total Fin Square Footage: 2016

Exterior Features

  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x134.92

Rental Info

  • Tenant Expense: Cable TV, Electric, Fuel

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 4200

Tax Info

  • Year: 2013
  • Tax Value: 2855

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jul 29, 2013
Sold by
Real Estate Division Llc
Bought by
Hoefler Andrew D
Seller's Agent
Pavel Sakurets
Real Estate Liquidators
Buyer's Agent
Jason Reed
RE/MAX Results
List Price
$199,777
Sold Price
$206,000
Premium/Discount to List
$6,223
3.11%
Current Estimated Value
$378,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,952
Avg. Annual Appreciation
5.14%
Original Mortgage
$199,820
Outstanding Balance
$149,190
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$229,762

Purchase Details

Closed on
Apr 5, 2010
Sold by
Federal National Mortgage Association
Bought by
On Time Contractors Real Estate Division

Purchase Details

Closed on
Nov 20, 2000
Sold by
Holm Paul W
Bought by
Yuguilima Jose R and Loyala Lilian A

Purchase Details

Closed on
Aug 16, 2000
Sold by
Hamernik Edward
Bought by
Holm Paul W
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
Hoefler Andrew D $206,000 North American Title Company
On Time Contractors Real Estate Division $109,900 --
Yuguilima Jose R $164,000 --
Holm Paul W $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoefler Andrew D $199,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2013 07/29/13 Sold $206,000 +3.1% $102 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $199,777 -- $99 / 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 $7,003 $384,000 $134,000 $250,000
2023 $6,142 $384,000 $129,000 $255,000
2022 $5,776 $388,000 $111,000 $277,000
2021 $5,301 $340,000 $66,000 $274,000
2020 $5,462 $324,500 $52,100 $272,400
2019 $5,009 $309,000 $34,700 $274,300
2018 $4,556 $276,000 $30,500 $245,500
2017 $3,880 $207,000 $27,700 $179,300
2016 $3,335 $172,500 $27,700 $144,800
2015 $3,644 $150,000 $27,700 $122,300
2014 -- $136,500 $25,500 $111,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Pavel Sakurets

    Real Estate Liquidators

  • J

    Buyer's Agent in 2013

    Jason Reed

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4489741

REALTOR® Association of Southern Minnesota

APN: 14-029-24-21-0106

Minnesota Hennepin County Minneapolis 55413 Sheridan

1510 5th St NE, Minneapolis, MN

This home is located at 1510 5th St NE, Minneapolis, MN 55413 since 04 June 2013 and is currently estimated at $378,952, approximately $187 per square foot. This property was built in 1900. 1510 5th 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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