NOT LISTED FOR SALE

1518 Monroe St NE Minneapolis, MN 55413

Logan Park Neighborhood

Estimated Value: $409,266 - $457,000

3 Beds
2 Baths
1,820 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $136,250 $75 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,910/month

37 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Landscaped with Trees
  • Wood Flooring
  • Woodwork

About This Home

As of September 2013

GREAT OPPORTUNITY FOR INVESTMENT OR OCCUPY WITH RENTER. A FEW COSMETICS AND REPAIRS WILL ADD LOTS OF VALUE. GOOD SIZE AND LOTS OF NATURAL LIGHT. GOOD LOCATION TO AMENITIES. GARAGE IN BACK.

Last Agent to Sell the Property

Steven Kraft

Counselor Realty, Inc Listed on: 07/23/2013

Last Buyer's Agent

Rand Livingston

Livco Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x126
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,756

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 09/30/2013
  • Taxes With Assessments: 2756
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1820
  • Total Fin Square Footage: 1820

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 40x126

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 2756

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2015
Sold by
Meier Lance and Meier Travis
Bought by
Latra Leasing Llp
Current Estimated Value
$428,567

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Meier Lance and Meier Travis
Seller's Agent
Steven Kraft
Counselor Realty, Inc
Buyer's Agent
Rand Livingston
Livco Realty, LLC
List Price
$124,900
Sold Price
$136,250
Premium/Discount to List
$11,350
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$109,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 17, 2012
Sold by
Reeves John
Bought by
Bank Of America National Association

Purchase Details

Closed on
Dec 27, 2002
Sold by
Krienke Walter W
Bought by
Reeves John
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Latra Leasing Llp -- None Available
Meier Lance -- Signature Title Midwest Serv
Federal National Mortgage Association -- None Available
Bank Of America National Association $102,855 --
Bank Of America National Association $102,855 None Available
Reeves John $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meier Lance $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $136,250 +9.1% $75 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $124,900 -- $69 / 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
2023 $6,462 $404,000 $132,000 $272,000
2022 $4,419 $357,000 $111,000 $246,000
2021 $4,022 $326,000 $62,000 $264,000
2020 $3,725 $309,000 $43,800 $265,200
2019 $3,446 $268,500 $29,200 $239,300
2018 $3,073 $244,000 $29,200 $214,800
2017 $2,888 $204,000 $26,500 $177,500
2016 $2,530 $177,500 $26,500 $151,000
2015 $2,073 $145,000 $26,500 $118,500
2014 -- $132,000 $26,500 $105,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steven Kraft

    Counselor Realty, Inc

  • R

    Buyer's Agent in 2013

    Rand Livingston

    Livco Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4511768

REALTOR® Association of Southern Minnesota

APN: 14-029-24-12-0165

Minnesota Hennepin County Minneapolis 55413 Logan Park

1518 Monroe St NE, Minneapolis, MN

This home is located at 1518 Monroe St NE, Minneapolis, MN 55413 since 23 July 2013 and is currently estimated at $428,567, approximately $235 per square foot. This property was built in 1900. 1518 Monroe 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.

Nearby Homes