NOT LISTED FOR SALE

1612 122nd Ave NE Minneapolis, MN 55449

Estimated Value: $314,000 - $340,000

5 Beds
2 Baths
1,943 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $140,000 $72 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,192/month

20 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Sunrise Elementary School Rated A-
  • Woodwork
  • 1-Story Property

About This Home

As of May 2013

Nice 5 bedroom, 2 bath home with 3 bedrooms on one level, hardwood floors, large yard, and 2 car detahed garage. Great location, close to park!

Last Agent to Sell the Property

Jeremy Peterson

RE/MAX Results Listed on: 03/19/2013

Last Buyer's Agent

James Herlofsky

Keller Williams Classic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1971

Lot Details

  • 0.27 Acre Lot
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Combination Kitchen and Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 083123140036

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Estimated Number of Acres: 0.27
  • Assessment Balance: 24.02
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1043
  • Parcel Number: 083123140036
  • Projected Closed Date: 05/24/2013
  • Stories: 1 Story
  • Taxes With Assessments: 1709.56
  • Comp Dev Subdiv Name: Donnays Northwood 4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dryer, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x12, On Level: Main
  • Room 2: Dining Room, 13x10, On Level: Main
  • Room 3: Family Room, 22x12, On Level: Lower
  • Room 4: Kitchen, 13x10, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 7: 10x10, On Level: Main
  • Room 8: Bedroom, 13x12, On Level: Lower
  • Room 9: Bedroom, 15x10, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1043
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 1943

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Anoka-Hennepin #11

Lot Info

  • Estimated Lot Dimensions: 93x151x62x
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2013
  • Tax Value: 1686

MLS Schools

  • School District: Anoka-Hennepin #11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 16, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Kathman Brian and Kathman Sara
Seller's Agent
Jeremy Peterson
RE/MAX Results
Buyer's Agent
James Herlofsky
Keller Williams Classic Realty
List Price
$103,000
Sold Price
$140,000
Premium/Discount to List
$37,000
35.92%
Total Days on Market
20
Current Estimated Value
$328,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,349
Avg. Annual Appreciation
7.34%
Original Mortgage
$112,000
Outstanding Balance
$80,360
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$247,989

Purchase Details

Closed on
Oct 3, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop
Source: Public Records

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Range of Values:

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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
Kathman Brian -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathman Brian $112,000
Previous Owner Mortenson Jillian $151,701
Previous Owner Rojas Jesse $217,500
Previous Owner Wayman Michael $184,000
Previous Owner Wayman Micheal $23,000
Closed Johnson Don --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $140,000 +35.9% $72 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $103,000 -- $53 / 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 $4,252 $301,600 $110,000 $191,600
2024 $4,252 $296,000 $108,200 $187,800
2023 $3,618 $288,000 $100,000 $188,000
2022 $3,247 $284,400 $86,400 $198,000
2021 $3,126 $234,400 $75,000 $159,400
2020 $3,079 $223,400 $73,000 $150,400
2019 $2,897 $213,700 $68,300 $145,400
2018 $2,724 $197,100 $0 $0
2017 $2,286 $182,000 $0 $0
2016 $2,436 $161,300 $0 $0
2015 -- $161,300 $55,500 $105,800
2014 -- $137,600 $45,000 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4451294

REALTOR® Association of Southern Minnesota

APN: 08-31-23-14-0036