Seller's Agent in 2023
Jeffrey Luckraft
Keller Williams Select Realty
(952) 212-7529
2 in this area
91 Total Sales
1512 Elliot Ave Minneapolis, MN 55404
Elliot Park NeighborhoodEstimated Value: $382,000 - $406,595
4
Beds
3
Baths
2,000
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Front Porch
- Wood Fence
- 3-minute walk to Elliot Park
- Forced Air Heating System
About This Home
As of October 2023Great investment opportunity awaits, or the home could also easily be converted back to a single family home.
Last Agent to Sell the Property
Keller Williams Select Realty Listed on: 07/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,426
Year Built
- Built in 1912
Lot Details
- Lot Dimensions are 50x100
- Wood Fence
Parking
- 1 Car Garage
- Varies By Unit
- Common or Shared Parking
- Unassigned Parking
Home Design
- Triplex
- Slab Foundation
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Basement
- Stone or Rock in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Front Porch
- Forced Air Heating System
Community Details
- 3 Units
- J S & W Elliots Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, insurance, janitorial service
- The owner pays for grounds care, repairs, snow removal, trash collection, water
- Assessor Parcel Number 2602924310087
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2023
Closed on
Oct 18, 2023
Sold by
Fourth Council Properties Llc
Bought by
Bermeo Carlos Guaman
Seller's Agent
Jeffrey Luckraft
Keller Williams Select Realty
Buyer's Agent
Jacqueline Sandoval
National Realty Guild
List Price
$356,900
Sold Price
$370,000
Premium/Discount to List
$13,100
3.67%
Views
83
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
$27,899
Avg. Annual Appreciation
3.99%
Original Mortgage
$296,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2023
Sold by
North Central University
Bought by
Fourth Council Properties Llc
Purchase Details
Closed on
Sep 30, 2011
Sold by
Mapson Dexter C and Mapson Kathleen B
Bought by
North Central University
Purchase Details
Closed on
Jan 30, 1996
Sold by
Haugan Robert W and Haugan Janet L
Bought by
Mapson Dexter C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8%
Mortgage Type
Land Contract Argmt. Of Sale
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bermeo Carlos Guaman | $370,000 | First American Title Insurance | |
| Fourth Council Properties Llc | $2,800,000 | First American Title | |
| North Central University | $145,000 | None Available | |
| Mapson Dexter C | $50,000 | -- | |
| Mapson Dexter C | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bermeo Carlos Guaman | $296,000 | |
| Previous Owner | Mapson Dexter C | $45,000 | |
| Closed | Mapson Dexter C | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2023 10/18/23 | Sold | $370,000 | +3.7% | $185 / Sq Ft |
| 10/01/2023 10/01/23 | Price Changed | $356,900 | 0.0% | $178 / Sq Ft |
| 10/01/2023 10/01/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | For Sale | $356,900 | -- | $178 / 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 | $4,600 | $357,000 | $195,000 | $162,000 |
| 2022 | $5,352 | $337,000 | $187,000 | $150,000 |
| 2021 | $5,137 | $315,000 | $180,000 | $135,000 |
| 2020 | $4,878 | $314,500 | $180,000 | $134,500 |
| 2019 | $4,556 | $276,000 | $150,000 | $126,000 |
| 2018 | $4,226 | $251,000 | $150,000 | $101,000 |
| 2017 | $4,324 | $230,700 | $150,000 | $80,700 |
| 2016 | $4,515 | $233,500 | $75,000 | $158,500 |
| 2015 | $4,120 | $203,000 | $75,000 | $128,000 |
| 2014 | -- | $191,500 | $60,000 | $131,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Luckraft
-
Jacqueline Sandoval
Buyer's Agent in 2023
Jacqueline Sandoval
National Realty Guild
(612) 877-2169
1 in this area
100 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6408790
APN: 26-029-24-31-0087
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