NOT LISTED FOR SALE

1518 N Timber Ridge Minneapolis, MN 55432

Estimated Value: $201,000 - $225,000

3 Beds
2 Baths
1,543 Sq Ft
$321/mo HOA Fee

Last Sold July 26, 2013

Last sale price $83,000 $54 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,662/month

22 Days on Market

Highlights

  • Deck
  • Skylights
  • Eat-In Kitchen
  • 1 Car Detached Garage
  • Porch
  • Side by Side Parking

About This Home

As of July 2013

Great spaces in this townhome! Huge deck overlooks Rice Creek Park in peaceful setting. 3 beds/2 full baths, new carpet, new sliding door and front door. Large foyer/mud room and basement ready for finishing touches.

Last Agent to Sell the Property

Brooke Alstrup

Greater Midwest Realty Listed on: 05/29/2013

Last Buyer's Agent

Denise Oksanen

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1974

Lot Details

  • Property fronts a private road
  • Landscaped with Trees

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Skylights
  • Tile Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Carport
  • Side by Side Parking
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal, trash

Listing and Financial Details

  • Assessor Parcel Number 133024110104

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,164

Year Built

Built in 1974

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Side x Side
  • Amenities: Ceiling Fans, Natural Woodwork, Skylight, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Porch
  • Estimated Number of Acres: 0.04
  • Assessment Balance: 24
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 596
  • Parcel Number: 133024110104
  • Projected Closed Date: 07/26/2013
  • Street Designation: Ridge
  • Taxes With Assessments: 1188
  • Comp Dev Subdiv Name: Timber Ridge
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x16, On Level: Upper
  • Room 2: Dining Room, On Level: Upper
  • Room 3: Family Room, 16x14, On Level: Basement
  • Room 4: Kitchen, 14x14, On Level: Upper
  • Room 5: Bedroom, 13x10, On Level: Lower
  • Room 6: Bedroom, 13x10, On Level: Lower
  • Room 7: 13x10, On Level: Upper
  • Room 9: Foyer, 13x8, On Level: Main
  • Room 10: Deck, 20x8, On Level: Upper
  • Basement Features: Partially Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1243
  • Below Grade Finished Sq Ft: 300
  • Total Fin Square Footage: 1543

Exterior Features

  • Frontage Road: Paved, Private
  • Exterior: Wood

Garage/Parking

  • Garage Type: Carport, Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 321

Schools

  • School District: Fridley #14

Lot Info

  • Estimated Lot Dimensions: common
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1974

Tax Info

  • Year: 2012
  • Tax Value: 1164

MLS Schools

  • School District: Fridley #14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 26, 2013
Sold by
Griep Cesar Cesar
Seller's Agent
Brooke Alstrup
Greater Midwest Realty
Buyer's Agent
Denise Oksanen
RE/MAX Results
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%
Current Estimated Value
$210,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,801
Avg. Annual Appreciation
7.91%
Original Mortgage
$83,000
Outstanding Balance
$61,526
Interest Rate
4.31%
Estimated Equity
$149,275

Purchase Details

Closed on
May 21, 2013
Sold by
Griep Nicolas
Bought by
Griep Cesar

Purchase Details

Closed on
Apr 18, 2001
Sold by
Knutson Thomas A and Knutson Mary L
Bought by
Pawlitschek Marie Ann

Purchase Details

Closed on
Jun 24, 1999
Sold by
Standish Jane
Bought by
Knutson Thomas and Knutson Mary L
Source: Public Records

Range of Values:

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Average Value
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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
-- $83,000 --
Griep Cesar -- None Available
Pawlitschek Marie Ann $107,000 --
Knutson Thomas $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $83,000 -2.4% $54 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $85,000 -- $55 / 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
2025 $2,672 $180,800 $40,800 $140,000
2024 $2,672 $180,600 $38,900 $141,700
2023 $2,163 $176,400 $34,500 $141,900
2022 $2,202 $162,500 $35,000 $127,500
2021 $2,058 $141,500 $22,700 $118,800
2020 $3,869 $129,700 $17,500 $112,200
2019 $1,832 $130,800 $17,500 $113,300
2018 $1,544 $117,600 $0 $0
2017 $1,394 $95,000 $0 $0
2016 $1,397 $82,900 $0 $0
2015 $1,290 $82,900 $10,700 $72,200
2014 -- $82,000 $10,700 $71,300
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4486732

REALTOR® Association of Southern Minnesota

APN: 13-30-24-11-0104