1725 Summit Ave Minneapolis, MN 55403
Lowry Hill NeighborhoodEstimated Value: $1,372,000 - $1,570,852
3
Beds
3.5
Baths
3,670
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- Corner Lot
- Stainless Steel Appliances
- Deck
- No HOA
- The kitchen features windows
About This Home
As of March 2024An exquisite example of city living at its finest, this jewel is located in the heart of the most admired street in Lowry Hill. Fully renovated stylish interior spaces match perfectly with the exterior Romantic Mediterranean architecture.The first floor will take your breath away with its open, airy, large gracious rooms that seamlessly flow into one another. The second floor includes a spacious deck bathed in gorgeous lights yet incredibly private. Crowning both the interior and exterior appeal are the unique and newly restored windows throughout. Located steps away from both Kenwood Park and Lake of the Isles, this is your chance to live on a bright corner lot with charming views surrounded by tree lined quiet streets and steeped in the historic extraordinary architecture of Lowry Hill.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,594
Year Built
- Built in 1922
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x135
- Corner Lot
Parking
- 2 Car Garage
Interior Spaces
- 2-Story Property
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Room
- Storage Room
- Utility Room
- Basement Fills Entire Space Under The House
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Central Air
- Hot Water Heating System
Community Details
- No Home Owners Association
- Greens 5Th Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2802924340120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Feb 20, 2024
Sold by
Cutri Steven
Bought by
Ener Cjuneyt and Galligan Eloise
Seller's Agent
Debbie McNally
Lakes Sotheby's International
Buyer's Agent
Devon Palmer
RE/MAX Results
List Price
$1,625,000
Sold Price
$1,625,000
Total Days on Market
10
Views
32
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
-$126,037
Avg. Annual Appreciation
-6.35%
Purchase Details
Closed on
Jun 14, 2021
Sold by
Offenhauser Peter and Offenhauser Julia S
Bought by
Cutri Steven
Purchase Details
Closed on
Dec 29, 2014
Sold by
Kern Mitchell T and Walsh Amy E
Bought by
Offenhauser Peter and Offenhauser Julia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 2, 2005
Sold by
Plimpton David B and Plimpton Susan B
Bought by
Kern Mitchell T and Walsh Amy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 10, 1996
Sold by
Skidmore Olsen H
Bought by
Plimpton David B and Plimpton Susan B
Similar Homes in Minneapolis, MN
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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 |
|---|---|---|---|
| Ener Cjuneyt | $1,625,000 | -- | |
| Cutri Steven | $1,471,000 | Burnet Title | |
| Offenhauser Peter | $1,245,100 | All American Title Co Inc | |
| Kern Mitchell T | $1,312,500 | -- | |
| Plimpton David B | $385,000 | -- | |
| Cutri Steven Steven | $1,471,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Offenhauser Peter | $660,000 | |
| Previous Owner | Kern Mitchell T | $748,000 | |
| Previous Owner | Kern Mitchell L | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2024 03/06/24 | Sold | $1,625,000 | 0.0% | $443 / Sq Ft |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- |
| 01/19/2024 01/19/24 | For Sale | $1,625,000 | -- | $443 / 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 | $20,323 | $1,365,000 | $440,000 | $925,000 |
| 2022 | $19,345 | $1,310,000 | $440,000 | $870,000 |
| 2021 | $18,841 | $1,231,000 | $436,000 | $795,000 |
| 2020 | $19,836 | $1,231,000 | $369,200 | $861,800 |
| 2019 | $20,390 | $1,200,500 | $327,600 | $872,900 |
| 2018 | $18,571 | $1,200,500 | $327,600 | $872,900 |
| 2017 | $17,140 | $1,004,000 | $297,800 | $706,200 |
| 2016 | $16,737 | $955,500 | $297,800 | $657,700 |
| 2015 | $17,548 | $955,500 | $297,800 | $657,700 |
| 2014 | -- | $910,000 | $277,900 | $632,100 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie McNally
Seller's Agent in 2024
Debbie McNally
Lakes Sotheby's International
(612) 388-1790
9 in this area
78 Total Sales
-
Devon Palmer
Buyer's Agent in 2024
Devon Palmer
RE/MAX Results
(651) 707-4494
3 in this area
98 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6468172
APN: 28-029-24-34-0120
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