Seller's Agent in 2023
Jason Huerkamp
Keller Williams Preferred Rlty
(612) 314-6330
10 in this area
1,501 Total Sales
1518 Park Ave Minneapolis, MN 55404
Elliot Park NeighborhoodEstimated Value: $339,000 - $418,000
6
Beds
2
Baths
2,401
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- Deck
- Forced Air Heating System
- 3-minute walk to Franklin Steele Square
About This Home
As of May 2023Welcome to 1518 Park Ave. in the Whittier neighborhood of Minneapolis. This lovely duplex features 2 story units, each with 3 bedrooms and 1 bathroom. Each unit features updated kitchens & baths, in unit laundry, central AC and off street parking. You can't beat this location - walking distance from downtown Minneapolis, Elliot Park, U.S. Bank Stadium, Hennepin County Medical Center and the Minneapolis Convention Center. Easy access to public transportation, I-94 and 35W making shopping, entertainment, grocery and parks easy accessible.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,023
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 26x128x26x128
- Few Trees
Home Design
- Shake Siding
Interior Spaces
- 2,401 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Additional Features
- Deck
- Forced Air Heating System
Community Details
- 2 Units
- Elliot & Abbotts Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel
- The owner pays for insurance, repairs, taxes, trash collection, water
- Assessor Parcel Number 2602924320061
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2023
Closed on
May 1, 2023
Sold by
Benton Holdings Llc
Bought by
Mpanga Olivia
Seller's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
Buyer's Agent
Victor Lukandwa
Sanyu LLC
List Price
$369,900
Sold Price
$385,000
Premium/Discount to List
$15,100
4.08%
Views
43
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
$5,209
Avg. Annual Appreciation
0.58%
Original Mortgage
$378,026
Outstanding Balance
$367,973
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$22,236
Purchase Details
Closed on
Dec 30, 2020
Sold by
Boys Timothy and Boys Carrie
Bought by
Benton Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,850
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 2, 2014
Closed on
Jan 12, 2015
Sold by
Pulchan Amar
Bought by
Boys Matthew and Boys Timothy
Seller's Agent
Kimm Pastrana
Century 21 Pastrana, Inc
Buyer's Agent
Adam Pettersen
RE/MAX Results
List Price
$279,900
Sold Price
$210,000
Premium/Discount to List
-$69,900
-24.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$157,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2010
Sold by
Citimortgage Inc
Bought by
Pulchan Amar
Purchase Details
Closed on
Sep 30, 2009
Sold by
Johnson Gregge K
Bought by
Citimortgage Inc
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 |
|---|---|---|---|
| Mpanga Olivia | $385,000 | Network Title | |
| Benton Holdings Llc | $364,000 | Accommodation | |
| Boys Matthew | $210,000 | Watermark Title Agency | |
| Pulchan Amar | $36,000 | -- | |
| Citimortgage Inc | $232,387 | -- | |
| Citimortgage Inc | $232,387 | -- | |
| -- | $364,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mpanga Olivia | $378,026 | |
| Previous Owner | Benton Holdings Llc | $521,850 | |
| Previous Owner | Boys Matthew | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $385,000 | 0.0% | $160 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 03/20/2023 03/20/23 | Off Market | $385,000 | -- | -- |
| 03/15/2023 03/15/23 | For Sale | $369,900 | +76.1% | $154 / Sq Ft |
| 01/19/2015 01/19/15 | Sold | $210,000 | -25.0% | $91 / Sq Ft |
| 12/17/2014 12/17/14 | Pending | -- | -- | -- |
| 07/02/2014 07/02/14 | For Sale | $279,900 | -- | $122 / 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 | $4,233 | $331,000 | $102,000 | $229,000 |
| 2022 | $4,960 | $312,000 | $99,000 | $213,000 |
| 2021 | $4,792 | $292,000 | $92,000 | $200,000 |
| 2020 | $4,383 | $278,000 | $89,900 | $188,100 |
| 2019 | $4,283 | $248,000 | $69,900 | $178,100 |
| 2018 | $3,970 | $236,000 | $69,900 | $166,100 |
| 2017 | $4,056 | $216,400 | $69,900 | $146,500 |
| 2016 | $5,091 | $263,300 | $36,600 | $226,700 |
| 2015 | $1,426 | $65,000 | $36,600 | $28,400 |
| 2014 | -- | $156,500 | $30,000 | $126,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Huerkamp
-
Victor Lukandwa
V
Buyer's Agent in 2023
Victor Lukandwa
Sanyu LLC
(651) 334-4806
1 in this area
13 Total Sales
-
K
Seller's Agent in 2015
Kimm Pastrana
Century 21 Pastrana, Inc
-
A
Buyer's Agent in 2015
Adam Pettersen
RE/MAX
Map
Source: NorthstarMLS
MLS Number: 6339554
APN: 26-029-24-32-0061
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