NOT LISTED FOR SALE

1615 Madison St NE Minneapolis, MN 55413

Logan Park Neighborhood

Estimated Value: $362,000 - $434,000

5 Beds
2 Baths
1,915 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $230,000 $120 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,768/month

21 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Woodwork
  • Community Garden
  • 1 Car Attached Garage
  • Patio

About This Home

As of November 2013

This home is located at 1615 Madison St NE, Minneapolis, MN 55413 since 19 September 2013 and is currently estimated at $398,710, approximately $208 per square foot. This property was built in 1900. 1615 Madison St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

Last Agent to Sell the Property

Mark Kozlak

Edina Realty, Inc. Listed on: 09/19/2013

Last Buyer's Agent

James Diffley

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x127
  • Fenced Yard
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,915 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Amenities

  • Community Garden
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,459

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 44
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 11/15/2013
  • Stories: 2 Story
  • Taxes With Assessments: 3459
  • 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: 1915
  • Total Fin Square Footage: 1915

Exterior Features

  • Frontage Road: Curb/Gutters, City, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Gravel, Fenced Yard - Full

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 1

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck, Common Garden, Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 42x127

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 3459

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Sternberg Loni M and Sternberg Anthony
Bought by
Sternberg Loni M and Sternberg Anthony
Current Estimated Value
$398,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Outstanding Balance
$169,945
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$228,379

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 15, 2013
Sold by
Brauch Mark A
Bought by
Leland Loni M
Seller's Agent
Mark Kozlak
Edina Realty, Inc.
Buyer's Agent
James Diffley
Edina Realty, Inc.
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$223,100
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2013
Sold by
Burgeon Green Llc
Bought by
Brauch Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2000
Sold by
Grohs Construction Inc
Bought by
Brauch Mark A

Purchase Details

Closed on
Apr 27, 2000
Sold by
New Century Home Equity Trust
Bought by
Grohs Construction Inc

Purchase Details

Closed on
Jan 23, 1998
Sold by
Streidi Casey A
Bought by
Abulhajj Nedal
Source: Public Records

Range of Values:

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Average Value
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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
Sternberg Loni M -- Pillar Title Services
Leland Loni M $230,000 North American Title Company
Brauch Mark A -- None Available
Brauch Mark A $157,000 --
Grohs Construction Inc $87,500 --
Abulhajj Nedal $27,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sternberg Loni M $203,000
Closed Leland Loni M $223,100
Previous Owner Brauch Mark A $177,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $230,000 -4.2% $120 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $240,000 -- $125 / 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 $142,000 $279,000
2022 $6,150 $391,000 $128,000 $263,000
2021 $5,571 $362,000 $70,000 $292,000
2020 $5,286 $341,000 $47,400 $293,600
2019 $3,896 $299,000 $31,600 $267,400
2018 $3,479 $272,000 $31,600 $240,400
2017 $3,037 $213,000 $28,700 $184,300
2016 $4,119 $213,000 $28,700 $184,300
2015 $3,652 $180,000 $28,700 $151,300
2014 -- $163,500 $28,700 $134,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Kozlak

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2013

    James Diffley

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4535713

REALTOR® Association of Southern Minnesota

APN: 14-029-24-12-0025

Minnesota Hennepin County Minneapolis 55413 Logan Park

1615 Madison St NE, Minneapolis, MN

This home is located at 1615 Madison St NE, Minneapolis, MN 55413 since 19 September 2013 and is currently estimated at $398,710, approximately $208 per square foot. This property was built in 1900. 1615 Madison 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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