1518 Madison St NE Minneapolis, MN 55413
Logan Park Neighborhood
5
Beds
3
Baths
2,364
Sq Ft
5,227
Sq Ft Lot
Highlights
- Porch
- Forced Air Heating System
- Property is Fully Fenced
About This Home
As of November 2024Integrating 1900’s architecture with stylish modern updates – this NE Mpls duplex is truly one of a kind. The entire property has a captivating ambiance rarely seen in a multi-family property. The front yard is the envy of the neighborhood – with drought resistant features throughout along with a stylish front porch that allows for privacy as well as a connection to nature. The main level unit features 3 bedrooms and 2 baths [a 3/4 primary along with a full bath]. The cheerful kitchen glows with pride – offering designer tile, an enormous island, and gracious French styling. The sun splashed living room radiates warmth and comfort where you can perch on the delightful window seat next to a roaring fire. The dining area boasts a chic built in banquette where romance fills the air – a brilliant room in which to entertain. The fenced in backyard will grab your heart – with a 272 SF patio – and a 121 SF deck that is perfect for relaxation and reflection. The upper level continues with the turn of the century charm – boasting wood floors, artsy touches, and the allure of a pied-a-terre. This unit boasts its own compact screen porch and a private 64 SF deck. The side yard offers the only grass area to maintain – and is your perfect croquet course as well as regulation size for cornhole. The European grace of this property will truly grab your heart. Did I mention that all windows are new since 2020? Numerous key pieces of furniture are included. Walk to shops, parks, restaurants, and bars. Welcome to your new home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,444
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 40x126
- Property is Fully Fenced
- Wood Fence
Parking
- 2 Car Garage
Home Design
- Duplex
- Pitched Roof
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Window Egress
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1402924120037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2024
Closed on
Nov 8, 2024
Sold by
Herberholz David and Brady Herberholz Sheila
Bought by
Zdon Sophia and Zdon Susan
Seller's Agent
Clay Lowen
BRIX Real Estate
Buyer's Agent
Justin Long
Real Broker, LLC
List Price
$449,000
Sold Price
$474,000
Premium/Discount to List
$25,000
5.57%
Views
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
-$12,452
Avg. Annual Appreciation
-3.27%
Original Mortgage
$380,000
Outstanding Balance
$376,966
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$84,582
Purchase Details
Closed on
Nov 30, 2018
Sold by
Russo John P and Russo Julie A
Bought by
Herberholz David A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,563
Interest Rate
5.62%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 25, 2003
Sold by
Lees Timothy D
Bought by
Russo John P and Russo Julie A
Purchase Details
Closed on
Jul 3, 1997
Sold by
Smith Dorothy L
Bought by
Lees Timothy D
Purchase Details
Closed on
Sep 26, 1996
Sold by
Va
Bought by
Bankers Trust Co Of California Na
Purchase Details
Closed on
May 6, 1996
Sold by
Dept Of Veterans
Bought by
Smith Dorothy J
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 |
|---|---|---|---|
| Deed | $474,000 | -- | |
| Warranty Deed | $272,500 | Title Smart Inc | |
| Warranty Deed | $197,300 | -- | |
| Warranty Deed | $96,600 | -- | |
| Warranty Deed | $74,296 | -- | |
| Deed | $82,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $269,958 | FHA | |
| Previous Owner | $268,953 | FHA | |
| Previous Owner | $267,563 | FHA | |
| Previous Owner | $141,900 | New Conventional | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $474,000 | 0.0% | $201 / Sq Ft |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- |
| 09/29/2024 09/29/24 | Off Market | $474,000 | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $449,000 | -- | $190 / 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 | $4,444 | $346,000 | $137,000 | $209,000 |
| 2022 | $3,955 | $315,000 | $125,000 | $190,000 |
| 2021 | $3,978 | $295,000 | $68,000 | $227,000 |
| 2020 | $3,874 | $306,000 | $46,100 | $259,900 |
| 2019 | $4,583 | $278,000 | $30,700 | $247,300 |
| 2018 | $4,208 | $252,500 | $30,700 | $221,800 |
| 2017 | $3,748 | $198,000 | $27,900 | $170,100 |
| 2016 | $3,510 | $179,500 | $27,900 | $151,600 |
| 2015 | $3,073 | $149,500 | $27,900 | $121,600 |
| 2014 | -- | $136,000 | $27,900 | $108,100 |
Source: Public Records
Agents Affiliated with this Home
-
Clay Lowen
Seller's Agent in 2024
Clay Lowen
BRIX Real Estate
(612) 360-8333
1 in this area
63 Total Sales
-
Justin Long
Buyer's Agent in 2024
Justin Long
Real Broker, LLC
(612) 236-3324
1 in this area
51 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6599970
APN: 14-029-24-12-0037
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