NOT LISTED FOR SALE

1723 University Ave NE Minneapolis, MN 55413

Holland Neighborhood

Estimated Value: $237,000 - $331,000

2 Beds
1.5 Baths
820 Sq Ft
$350/Sq Ft Est. Value

Last Sold December 10, 2015

Last sale price $70,000 $85 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $1,883/month

7 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Privacy Fence
  • Porch
  • Forced Air Heating System
  • Wood Siding

About This Home

As of December 2015

Investment Property for sale. 2 bedroom, 2 bath. 2nd bathroom (master bathroom) currently used as a laundry room. Needs updating including furnace repairs. Cash offers only - highest and best due by Friday, November 20, 2015 at 12:00 noon. Property sold As Is Where Is With All Faults. Buyer to assume all required repairs for Truth in Housing. Buyer responsible for any debris or contents left behind by seller.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $777

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x87
  • Privacy Fence
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1102924330083

Home Details

Home Type

Single Family

Est. Annual Taxes

$777

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: None
  • Outside Features: Wood
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Electric, Natural Gas
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 820.00
  • Above Grade Finished Area Search: 820.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 12430
  • Listing Organization: Iowa
  • Living Area Finished: 820.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Northeast
  • Parcel Numbers: 1102924330083
  • Rental License: No
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Partial, Unfinished
  • Dining Room Features: Separate/Formal Dining Room
  • Bathroom Type: Main Floor Full Bath, Rough In
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles
  • Fencing: Privacy

Garage/Parking

  • Parking Features: Driveway - Other Surface

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Property Amenities: Hardwood Floors, Kitchen Window, Natural Woodwork, Porch

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 50x87
  • Homestead: Yes
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 0.1200
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: BLOCK 016 BOTTINEAUS 2ND ADDN TOWN OF ST ANTH S 50 FT OF N 132 FT OF W 87 FT
  • Tax Amount: 777.00
  • Tax Year: 2015
  • Tax With Assessments: 777.00
  • Assessor Parcel Number: 1102924330083

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2016
Sold by
Molina Laura and Patino Carlos
Bought by
Ramirez Brenda Arzac
Total Days on Market
7
Current Estimated Value
$287,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,093
Outstanding Balance
$125,795
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$186,067

Purchase Details

Listed on
Nov 16, 2015
Closed on
Dec 10, 2015
Sold by
Tulupan Jamie J
Bought by
Molina Laura
List Price
$59,900
Sold Price
$70,000
Premium/Discount to List
$10,100
16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%

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
Ramirez Brenda Arzac $154,900 Watermark Title Agency
Molina Laura $70,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Brenda Arzac $152,093
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $70,000 0.0% $85 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/23/2015 11/23/15 Off Market $70,000 -- --
11/16/2015 11/16/15 For Sale $59,900 -- $73 / Sq Ft
Source: NorthstarMLS

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 $3,485 $278,000 $81,000 $197,000
2022 $3,071 $262,000 $73,000 $189,000
2021 $2,513 $236,000 $42,000 $194,000
2020 $2,490 $204,500 $20,300 $184,200
2019 $1,853 $189,500 $13,500 $176,000
2018 $1,590 $145,000 $13,500 $131,500
2017 $805 $78,500 $12,300 $66,200
2016 $786 $75,500 $12,300 $63,200
2015 $777 $71,000 $12,300 $58,700
2014 -- $67,000 $14,800 $52,200
Source: Public Records

Map

Source: NorthstarMLS

MLS Number: NST4661997

NorthstarMLS

APN: 11-029-24-33-0083