NOT LISTED FOR SALE

1526 87th Ave NE Minneapolis, MN 55449

Estimated Value: $268,000 - $288,000

2 Beds
1 Bath
1,156 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $52,000 $45 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $1,632/month

258 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 3-minute walk to Mary Elizabeth Park
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2013

One story home with 2 bedrooms, 1 bathroom and detached 2 car garage. Priced to sell! Nice lot with mature trees.

Last Agent to Sell the Property

Grigoriy Vayntrub

RE/MAX Results Listed on: 02/12/2013

RE/MAX Results

Last Buyer's Agent

Blake Halverson

Coldwell Banker Burnet

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 120x99

Home Design

  • Wood Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 323123430022

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.27
  • Assessment Balance: 347
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1156
  • Parcel Number: 323123430022
  • Projected Closed Date: 11/08/2013
  • Stories: 1 Story
  • Taxes With Assessments: 1783
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 4: Kitchen, 9x9, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 9: Foyer, 8x7, On Level: Main
  • Room 10: Porch, 7x4, On Level: Main
  • Room 11: 3 Season Porch, 7x4, On Level: Main
  • Room 12: Utility Room, 11x8, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 1156
  • Total Fin Square Footage: 1156

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Estimated Lot Dimensions: 120x99

Building Info

  • Year Built: 1947

Tax Info

  • Year: 2012
  • Tax Value: 1436

MLS Schools

  • School District: Spring Lake Park #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2015
Sold by
22904 Woodbine Llc
Bought by
6417 Xerxes Avenue Llc
Current Estimated Value
$275,223

Purchase Details

Closed on
Feb 7, 2014
Sold by
Us Props Llc
Bought by
6417 Xerxes Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 12, 2013
Closed on
Oct 15, 2013
Sold by
Wells Fargo Bank Na
Bought by
Us Props Llc
Seller's Agent
Grigoriy Vayntrub
RE/MAX Results
Buyer's Agent
Blake Halverson
Coldwell Banker Burnet
List Price
$79,900
Sold Price
$52,000
Premium/Discount to List
-$27,900
-34.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%
Source: Public Records

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
6417 Xerxes Avenue Llc -- Liberty Title Inc
6417 Xerxes Avenue Llc -- Title & Closing Inc
Us Props Llc $52,800 West Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 6417 Xerxes Avenue Llc $320,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $52,000 -34.9% $45 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $79,900 -- $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
2025 $2,262 $227,900 $110,000 $117,900
2024 $2,262 $224,700 $108,200 $116,500
2023 $1,972 $217,400 $100,000 $117,400
2022 $1,849 $210,600 $86,400 $124,200
2021 $1,796 $175,400 $75,000 $100,400
2020 $1,844 $168,300 $73,000 $95,300
2019 $1,736 $165,400 $68,300 $97,100
2018 $1,630 $153,700 $0 $0
2017 $1,458 $142,300 $0 $0
2016 $1,409 $123,200 $0 $0
2015 -- $123,200 $55,500 $67,700
2014 -- $104,000 $45,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4440047

REALTOR® Association of Southern Minnesota

APN: 32-31-23-43-0022