1511 2nd St NE Minneapolis, MN 55413
Sheridan NeighborhoodEstimated Value: $544,000 - $576,000
7
Beds
4
Baths
3,314
Sq Ft
$169/Sq Ft
Est. Value
Highlights
- Patio
- Space Heater
- Partially Fenced Property
- Hot Water Heating System
About This Home
As of December 2021Rare owner-occupy triplex opportunity with great rents! Located in the heart of Sheridan in NE, this great multi-family property has gorgeous wood floors, updated kitchens and sun-filled welcoming spaces. Located in short distance to favorite NE restaurants, bars and coffee shops, you'll love this great investment opportunity in a desirable location. Vacant unit has 3 bedrooms and 1 bathroom on the upper floor, as well as additional bonus rooms on 3rd level! Rented units have 3 bedrooms and 2 bathrooms, and 1 bedroom and 1 bathroom respectively. Separate heat and electric for each unit. Unit 1 heated by boiler, Unit 2 by space heater and baseboard. Unit 3 by space heater and baseboard. Check out the 3D tours of all units!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,630
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 44x165
- Partially Fenced Property
- Wood Fence
Parking
- 3 Car Garage
Home Design
- Triplex
- Pitched Roof
Interior Spaces
- 3,314 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
Utilities
- Space Heater
- Hot Water Heating System
Community Details
- 3 Units
- Bottineaus 2Nd Add Town Of St Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel, grounds care, snow removal
- The owner pays for insurance, trash collection, water
- Assessor Parcel Number 1402924220069
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2021
Closed on
Nov 23, 2021
Sold by
Williams and Anastasia
Bought by
Hartfield Andrew and Hartfield Tiffany R
Seller's Agent
Isaac Larson
Jason Mitchell Group
Buyer's Agent
Ryan Luthi
eXp Realty
Sold Price
$524,900
Total Days on Market
19
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
$33,576
Avg. Annual Appreciation
3.02%
Original Mortgage
$515,392
Interest Rate
3.56%
Mortgage Type
FHA
Purchase Details
Closed on
May 3, 2017
Sold by
Worth Kerry A and Peterson Adam J
Bought by
Williams Joseph and Williams Anastasia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,564
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 2, 2001
Sold by
Hunter Daniel E
Bought by
Peterson Adam and Worth Kerry
Purchase Details
Closed on
May 9, 1996
Sold by
Michaels Brian Scott
Bought by
Hunter Daniel E and Hunter Robin D
Purchase Details
Closed on
Aug 20, 1994
Sold by
Marer Carl B
Bought by
Michaels Brian S
Purchase Details
Closed on
Jan 14, 1993
Sold by
Dewolf Keith
Bought by
Marer Carl B and Marer Betty G
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
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hartfield Andrew | $524,900 | Trademark Title | |
| Williams Joseph | $377,400 | Trademark Title Svcs Inc | |
| Peterson Adam | $245,000 | -- | |
| Hunter Daniel E | $97,569 | -- | |
| Michaels Brian S | $93,832 | -- | |
| Marer Carl B | $86,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hartfield Andrew | $515,392 | |
| Previous Owner | Williams Joseph | $370,564 | |
| Closed | Marer Carl B | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | $524,900 | 0.0% | $158 / Sq Ft |
| 11/07/2021 11/07/21 | Pending | -- | -- | -- |
| 10/29/2021 10/29/21 | Off Market | $524,900 | -- | -- |
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 | $8,222 | $514,000 | $131,000 | $383,000 |
| 2022 | $8,400 | $502,000 | $119,000 | $383,000 |
| 2021 | $7,744 | $488,000 | $73,000 | $415,000 |
| 2020 | $8,373 | $467,000 | $66,600 | $400,400 |
| 2019 | $7,826 | $467,000 | $44,400 | $422,600 |
| 2018 | $7,013 | $424,500 | $39,300 | $385,200 |
| 2017 | $6,401 | $341,500 | $35,700 | $305,800 |
| 2016 | $5,792 | $299,500 | $35,700 | $263,800 |
| 2015 | $5,285 | $260,500 | $35,700 | $224,800 |
| 2014 | -- | $237,000 | $34,600 | $202,400 |
Source: Public Records
Agents Affiliated with this Home
-
Isaac Larson
Seller's Agent in 2021
Isaac Larson
Jason Mitchell Group
(612) 790-8292
3 in this area
102 Total Sales
-
Eric Eickhof
Seller Co-Listing Agent in 2021
Eric Eickhof
Jason Mitchell Group
(612) 760-1979
3 in this area
169 Total Sales
-
Ryan Luthi
Buyer's Agent in 2021
Ryan Luthi
eXp Realty
(612) 406-6020
3 in this area
126 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6113527
APN: 14-029-24-22-0069
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