NOT LISTED FOR SALE

1715 E 41st St Minneapolis, MN 55407

Bancroft Neighborhood

Estimated Value: $262,000 - $282,963

2 Beds
1 Bath
936 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $245,000 $262 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,692/month

7 Days on Market

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 2023

Thoroughly 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.

Last Agent to Sell the Property

Ahmad Eltawely

Premier Realty LLC Listed on: 09/26/2023

Last Buyer's Agent

Amy Ruzick

RE/MAX Results

RE/MAX Results

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,899

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 936
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drainage System, Egress Window(s), Full, Partially Finished, Storage Space, Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 936
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • Fencing: Chain Link, Full, Privacy
  • Neighborhood: Bancroft

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 49x58
  • Lot Size Sq Ft: 3049.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1102824140111
  • Tax Annual Amount: 2899
  • TaxWithAssessments: 2899.0000

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%
Views
18
Current Estimated Value
$274,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,241
Avg. Annual Appreciation
5.16%
Original Mortgage
$245,000
Outstanding Balance
$240,182
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$34,059

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
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

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
2024 $2,839 $216,000 $74,000 $142,000
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

    120 Total Sales

    Ahmad Eltawely
    Section Image
  • Amy Ruzick

    Buyer's Agent in 2023

    Amy Ruzick

    RE/MAX Results

    (651) 492-1044

    5 in this area

    385 Total Sales

    Amy Ruzick
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6438985

NorthstarMLS

APN: 11-028-24-14-0111

Minnesota Hennepin County Minneapolis 55407 Bancroft

1715 E 41st St, Minneapolis, MN

Not Listed for Sale

Detached

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