NOT LISTED FOR SALE

1725 Summit Ave Minneapolis, MN 55403

Lowry Hill Neighborhood

Estimated Value: $1,234,000 - $1,582,000

3 Beds
3.5 Baths
3,670 Sq Ft
$395/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2024

Last sale price $1,625,000 $443 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $9,694 / mo

10 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Sun or Florida Room
  • Mud Room
  • Deck
  • Corner Lot
  • No HOA

About This Home

As of March 2024

An 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.

Last Agent to Sell the Property

Debbie McNally

Lakes Sotheby's International Listed on: 01/03/2024

Lakes Sotheby's International

Last Buyer's Agent

Devon Palmer

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

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
  • Electric Vehicle Home Charger

Interior Spaces

  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida 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

  • Laundry Room
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,594

Year Built

Built in 1922

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1922
  • Above Grade Finished Sq Ft: 3020
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Living Area: 3670
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 650
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Informal Dining Room, Kitchen, Sun Room, Foyer, Mud Room, Patio, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Laundry, Storage, Utility Room, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Lowry Hill
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Detached, Electric Vehicle Charging Station(s)

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Security System,Sun Room,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x135
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2802924340120
  • Tax Annual Amount: 19594
  • TaxWithAssessments: 19594.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 20, 2024
Sold by
Bought by
Seller's Agent
Debbie McNally
Lakes Sotheby's International
Buyer's Agent
Devon Palmer
Lakes Sotheby's International Realty
List Price
$1,625,000
Sold Price
$1,625,000
Views
32
Current Estimated Value
$1,448,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,240
Avg. Annual Appreciation
-4.93%
Original Mortgage
$1,462,000
Outstanding Balance
$1,427,497
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$21,263

Purchase Details

Closed on
Jun 14, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2014
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jun 10, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,625,000 Executive Title Services
$1,471,000 Burnet Title
$1,245,100 All American Title Co Inc
$1,312,500 --
$385,000 --
$1,471,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,462,000
Previous Owner $660,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,154 $1,311,000 $440,000 $871,000
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

    7 in this area

    68 Total Sales

    Debbie McNally
    Section Image
  • Devon Palmer

    Buyer's Agent in 2024

    Devon Palmer

    Lakes Sotheby's International Realty

    (651) 707-4494

    3 in this area

    112 Total Sales

    Devon Palmer
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6468172

NorthstarMLS

APN: 28-029-24-34-0120

Minnesota Hennepin County Minneapolis 55403 Lowry Hill

1725 Summit Ave, Minneapolis, MN

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.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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