NOT LISTED FOR SALE

1522 2nd St NE Minneapolis, MN 55413

Sheridan Neighborhood

Estimated Value: $394,960 - $549,000

5 Beds
3 Baths
2,997 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 29, 2012

Last sale price $244,325 $82 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,552/month

97 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Coin Laundry

About This Home

As of October 2012

Ample home PLUS true duplex on same lot, old-world charm + well maintained. Modernized where it counts--mechanicals, kitchens, baths. In the heart of the arts district, bike, walk to river, entertainment.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 1910

Lot Details

  • Irregular Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,997 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Boiler Heating System

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn, maint/repair, snow, trash, water/sewer
  • Assessor Parcel Number 1402924220048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,745

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Construction: Previously Owned
  • Parcel Number: 1402924220048
  • Projected Closed Date: 10/29/2012
  • Stories: 2 Story
  • Taxes With Assessments: 3745.26
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Style: Full, Partial
  • Finished Above Grade Sq Ft: 2997
  • Total Fin Square Footage: 2997

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Boiler, Forced Air

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: 82X85 & 32X80

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1910

Multi Family

  • Total Units Available: 3
  • Est Annual Gross Expense: 5487

Tax Info

  • Year: 2012
  • Tax Value: 3745

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2016
Sold by
Ewi Minnesota Lllp
Bought by
William Charles Llc
Total Days on Market
97
Current Estimated Value
$505,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$49,394
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$394,407

Purchase Details

Listed on
Jul 12, 2012
Closed on
Oct 29, 2012
Sold by
Kulstad Susan C
Bought by
Ewi Minnesota Lllp
List Price
$247,900
Sold Price
$244,325
Premium/Discount to List
-$3,575
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$176,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2000
Sold by
Stephanson Gary L
Bought by
Kulstad Susan C

Range of Values:

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Average Value
Not Available
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
William Charles Llc $275,000 Land Title Inc
Ewi Minnesota Lllp $244,323 Land Title Inc
Kulstad Susan C $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed William Charles Llc $100,000
Open William Charles Llc $270,000
Previous Owner Ewi Minnesota Lllp $176,000
Previous Owner Ewi Minnesota Lllp $18,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2012 10/29/12 Sold $244,325 -1.4% --
10/17/2012 10/17/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $247,900 -- --
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 $9,006 $563,000 $145,000 $418,000
2022 $8,987 $569,000 $132,000 $437,000
2021 $7,858 $529,000 $81,000 $448,000
2020 $7,521 $481,000 $47,900 $433,100
2019 $7,025 $425,500 $47,900 $377,600
2018 $6,390 $387,000 $43,000 $344,000
2017 $5,717 $305,000 $39,100 $265,900
2016 $5,318 $275,000 $39,100 $235,900
2015 $4,920 $242,500 $39,100 $203,400
2014 -- $220,500 $36,500 $184,000
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4344358

REALTOR® Association of Southern Minnesota

APN: 14-029-24-22-0048

Minnesota Hennepin County Minneapolis 55413 Sheridan

1522 2nd St NE, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 1522 2nd St NE, Minneapolis, MN 55413 since 12 July 2012 and is currently estimated at $505,240, approximately $168 per square foot. This property was built in 1910. 1522 2nd 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.

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