NOT LISTED FOR SALE

1602 Adams St NE Minneapolis, MN 55413

Logan Park Neighborhood

Estimated Value: $368,000 - $437,000

4 Beds
2 Baths
2,017 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $251,900 $125 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,825/month

16 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Woodwork
  • Community Deck or Porch

About This Home

As of September 2014

There is so much to love here in this friendly Logan Park neighborhood. Spacious owner occupied duplex w/2 BR & formal dining each unit. Trees, gardens,deck & privacy fence make the yard a retreat. Good storage in big basement, garage and walkin closets.

Last Agent to Sell the Property

Myrna Bourcy

RE/MAX Results Listed on: 07/15/2014

Last Buyer's Agent

Susan Schorn

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 2,017 Sq Ft Home
  • Woodwork
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 41.48
  • Assessments: Yes
  • Construction: Previously Owned
  • Projected Closed Date: 08/29/2014
  • Taxes With Assessments: 2415.74
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2017
  • Total Fin Square Footage: 2017

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 40x130

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2014
  • Tax Value: 2374

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 3, 2014
Sold by
Norberg Donna L
Bought by
Jurek Justin and Jurek Jennifer
Seller's Agent
Myrna Bourcy
RE/MAX Results
Buyer's Agent
Susan Schorn
Edina Realty, Inc.
List Price
$249,900
Sold Price
$251,900
Premium/Discount to List
$2,000
0.8%
Current Estimated Value
$409,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,342
Avg. Annual Appreciation
5.04%
Original Mortgage
$244,343
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Jurek Justin $251,900 Home Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jurek Justin R $500,000
Closed Jurek Justin $244,343
Previous Owner Norberg Donna L $1,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2014 09/03/14 Sold $251,900 +0.8% $125 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $249,900 -- $124 / 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 $6,735 $421,000 $139,000 $282,000
2022 $6,014 $382,000 $127,000 $255,000
2021 $5,800 $354,000 $69,000 $285,000
2020 $5,452 $355,000 $46,200 $308,800
2019 $5,091 $308,500 $30,800 $277,700
2018 $4,630 $280,500 $30,800 $249,700
2017 $4,114 $219,500 $28,000 $191,500
2016 $3,965 $205,000 $28,000 $177,000
2015 $2,542 $171,000 $28,000 $143,000
2014 -- $155,500 $26,700 $128,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Myrna Bourcy

    RE/MAX

  • S

    Buyer's Agent in 2014

    Susan Schorn

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4648161

REALTOR® Association of Southern Minnesota

APN: 14-029-24-12-0077

Minnesota Hennepin County Minneapolis 55413 Logan Park

1602 Adams St NE, Minneapolis, MN

This home is located at 1602 Adams St NE, Minneapolis, MN 55413 since 15 July 2014 and is currently estimated at $409,242, approximately $202 per square foot. This property was built in 1900. 1602 Adams 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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