1715 E 41st St Minneapolis, MN 55407
Bancroft NeighborhoodEstimated Value: $238,000 - $293,000
2
Beds
1
Bath
936
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Property is Fully Fenced
- Stainless Steel Appliances
- Forced Air Heating and Cooling System
- 4-minute walk to Bancroft Meadows
About This Home
As of October 2023Thoroughly updated home, centrally located in the Bancroft Neighborhood of South Minneapolis. This home is move-in ready and showcases many modern conveniences along with classic charm. Well-maintained hardwood flooring across the entire main level, recessed LED lighting, along with a fully updated kitchen and bathroom within the last several years. Nearly all of the big-ticket items have been taken care of within the last ten years, including a new, 50-year roof (2023), new central AC condenser (2021), vinyl windows (approx. 2014), and a new electrical panel w/ whole-house surge protector (2014). This home offers tremendous equity-building potential with a spacious, partially-finished basement that awaits the new owners. The basement received new framing, insulation board, and an egress window by the previous owner. Roughed-in plumbing/electrical suited for an additional bedroom, bathroom, and family room. Enjoy fresh landscaping, a new shed, and a manageable, fully-fenced yard.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,899
Year Built
- Built in 1924
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 49x58
- Property is Fully Fenced
- Privacy Fence
- Chain Link Fence
Home Design
- Architectural Shingle Roof
Interior Spaces
- 936 Sq Ft Home
- 1.5-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Basement Storage
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Nokomis View Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1102824140111
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2023
Closed on
Oct 23, 2023
Sold by
Lerch Sean
Bought by
Nelson Kayla and Nelson Caitlin
Seller's Agent
Ahmad Eltawely
Premier Realty LLC
Buyer's Agent
Amy Ruzick
RE/MAX Results
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%
Total Days on Market
7
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,421
Avg. Annual Appreciation
4.88%
Original Mortgage
$245,000
Outstanding Balance
$241,503
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$22,918
Purchase Details
Closed on
Jul 14, 2020
Sold by
Koch Dennis A and Koch Amy
Bought by
Lerch Sean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,814
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2020
Sold by
Koch Sandra Rae
Bought by
Koch Dennis A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,814
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2013
Sold by
Glenn Mark and Glenn Susan C
Bought by
Koch Dennis A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 25, 2008
Sold by
Mathews Sandra Kay
Bought by
Glenn Mark and Glenn Susan K
Purchase Details
Closed on
Aug 4, 2000
Sold by
Mathews Betty Ann
Bought by
Mathews Sandra Kay
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Kayla | $245,000 | -- | |
| Lerch Sean | $212,178 | Premier Title Ins Agcy Inc | |
| Koch Dennis A | $104,000 | Premier Title Ins Agcy Inc | |
| Koch Dennis A | -- | Premier Title Ins Agcy Inc | |
| Koch Dennis A | $130,000 | Burnet Title | |
| Glenn Mark | $70,000 | -- | |
| Mathews Sandra Kay | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Kayla | $245,000 | |
| Previous Owner | Lerch Sean | $205,814 | |
| Previous Owner | Koch Dennis A | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $245,000 | 0.0% | $262 / Sq Ft |
| 10/09/2023 10/09/23 | Pending | -- | -- | -- |
| 10/09/2023 10/09/23 | Off Market | $245,000 | -- | -- |
| 10/02/2023 10/02/23 | For Sale | $235,000 | -- | $251 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,703 | $223,000 | $74,000 | $149,000 |
| 2022 | $2,636 | $235,000 | $66,000 | $169,000 |
| 2021 | $2,254 | $207,000 | $49,000 | $158,000 |
| 2020 | $2,444 | $186,500 | $12,200 | $174,300 |
| 2019 | $2,248 | $186,500 | $8,100 | $178,400 |
| 2018 | $2,090 | $169,500 | $8,100 | $161,400 |
| 2017 | $2,309 | $150,000 | $7,400 | $142,600 |
| 2016 | $2,065 | $130,000 | $7,400 | $122,600 |
| 2015 | $2,055 | $123,400 | $7,400 | $116,000 |
| 2014 | -- | $100,000 | $8,400 | $91,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ahmad Eltawely
Seller's Agent in 2023
Ahmad Eltawely
Premier Realty LLC
(612) 501-8538
2 in this area
112 Total Sales
-
Amy Ruzick
Buyer's Agent in 2023
Amy Ruzick
RE/MAX Results
(651) 492-1044
6 in this area
434 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6438985
APN: 11-028-24-14-0111
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