NOT LISTED FOR SALE

18025 56th Ave N Minneapolis, MN 55446

Estimated Value: $786,000 - $868,000

5 Beds
5 Baths
4,514 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $725,000 $161 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,067/month

26 Days on Market

Highlights

  • 1 Fireplace
  • Game Room
  • Wet Bar
  • Meadow Ridge Elementary School Rated A+
  • 3 Car Attached Garage
  • Living Room

About This Home

As of October 2023

The home is located in a quiet community just minutes from Wayzata Meadow Ridge Elementary. North facing with abundant natural light and a wide-open floor plan on the main level, featuring a lovely sunroom that leads onto a large, paved patio. The bright, white, kitchen features gorgeous stone counters, stainless steel appliances, and a huge walk- walk-in pantry. The large workstation is located just off of the kitchen and is perfect for working from home. Large bedroom and bath on the main floor. "Big bedroom" they're all big! Enjoy the huge master suite with a big walk-in closet. THREE full bathrooms and a laundry room on the second floor! Finished basement with space for an entertainment room, exercise equipment, and bar. Brand new carpet in Main & upper level.

Last Agent to Sell the Property

Rowdheer Kapidi

Bridge Realty, LLC Listed on: 08/30/2023

Bridge Realty, LLC

Co-Listed By

Kasinadh Buridi

Bridge Realty, LLC

Last Buyer's Agent

Saumya Musalgaonkar

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,287

Year Built

  • Built in 2015

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 131x57x134x48x64

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 1 Fireplace
  • Family Room
  • Living Room
  • Game Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • First Service Residential Association, Phone Number (952) 277-2726
  • Enclave On The Greenway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0611822420030

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,287

Year Built

Built in 2015

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 3472
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Living Area: 4514
  • Below Grade Finished Sq Ft: 1042
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room, Bar/Wet Bar Room, Sun Room
  • SqFtTotal: 5416.00

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 660

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 952-277-2726
  • Association Fee: 125
  • Association: Yes

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 131x57x134x48x64
  • Lot Size Sq Ft: 11499.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0611822420030
  • Tax Annual Amount: 7287
  • TaxWithAssessments: 7287.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 16, 2023
Sold by
Reddy Jayasyam Vugumudi Subramanya and Reddy Sas
Bought by
Khanna Ranjan and Sharma Madhu
Seller's Agent
Rowdheer Kapidi
Bridge Realty, LLC
Buyer's Agent
Saumya Musalgaonkar
Real Broker, LLC
List Price
$774,900
Sold Price
$725,000
Premium/Discount to List
-$49,900
-6.44%
Views
84
Current Estimated Value
$810,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,252
Avg. Annual Appreciation
5.81%
Original Mortgage
$250,000
Outstanding Balance
$229,962
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$580,290

Purchase Details

Closed on
Jul 11, 2019
Sold by
Pachipulusu Ajay K and Somisetty Sushma
Bought by
Subramanya Reddy Jayasyam Vugumudi and Ponneeswaran Sasikala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2015
Sold by
Pulte Homes Of Minnesota Llc
Bought by
Pachipulusu Ajay K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,777
Interest Rate
4.09%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Khanna Ranjan $725,000 Lake Title
Subramanya Reddy Jayasyam Vugumudi $581,000 Results Title
Pachipulusu Ajay K $607,529 Pgp Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanna Ranjan $250,000
Previous Owner Subramanya Reddy Jayasyam Vugumudi $484,350
Previous Owner Pachipulusu Ajay K $129,777
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $725,000 -5.8% $161 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $769,900 -0.6% $171 / Sq Ft
08/30/2023 08/30/23 For Sale $774,900 -- $172 / 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
2024 $8,752 $735,300 $156,000 $579,300
2023 $8,505 $745,900 $160,000 $585,900
2022 $7,309 $702,000 $165,000 $537,000
2021 $6,992 $580,000 $135,000 $445,000
2020 $7,145 $561,000 $135,000 $426,000
2019 $6,906 $557,000 $132,000 $425,000
2018 $7,324 $541,000 $130,000 $411,000
2017 $6,816 $530,000 $175,000 $355,000
2016 $993 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6426233

NorthstarMLS

APN: 06-118-22-42-0030