NOT LISTED FOR SALE

1856 E 38th St Minneapolis, MN 55407

Standish Neighborhood

Estimated Value: $267,000 - $333,000

2 Beds
1 Bath
1,346 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $91,000 $68 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $2,010/month

79 Days on Market

About This Home

As of September 2012

Opportunity for cash flow in this E Mpls duplex! Maintenance-free siding, and convenient location.

Last Agent to Sell the Property

Jeffrey Detloff

Property Advisors Realty LLC Listed on: 06/12/2012

Last Buyer's Agent

Timothy Kindem

Keller Williams Integrity Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 4,356

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 47.00 x 113.00
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0102824330103

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Parcel Number: 0102824330103
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1346
  • Total Fin Square Footage: 1346

Exterior Features

  • Exterior: Metal

Utilities

  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: 47.00 X 113.00

Building Info

  • Year Built: 1908

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2011
  • Tax Value: 3087

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Aug 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ross Zachary
Seller's Agent
Jeffrey Detloff
Property Advisors Realty LLC
Buyer's Agent
Timothy Kindem
Keller Williams Integrity Realty
List Price
$75,900
Sold Price
$91,000
Premium/Discount to List
$15,100
19.89%
Current Estimated Value
$306,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,677
Avg. Annual Appreciation
9.54%
Original Mortgage
$89,336
Outstanding Balance
$60,652
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$246,025

Purchase Details

Closed on
Oct 25, 2011
Sold by
Us Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 21, 2011
Sold by
Diaz Quirino and Diaz Linares
Bought by
Us Bank National Associaiton

Purchase Details

Closed on
Sep 22, 2000
Sold by
Anderson David A
Bought by
Linares Quirino and Burgos Ruth

Purchase Details

Closed on
Nov 18, 1999
Sold by
Keller John Q
Bought by
Anderson David A

Purchase Details

Closed on
Apr 14, 1999
Sold by
Parrington Scott M
Bought by
Keller John Q and Keller Annette
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
Ross Zachary -- Title One Inc
Federal Home Loan Mortgage Corporation -- None Available
Us Bank National Associaiton $147,641 --
Firstar Bank Na $147,641 None Available
Linares Quirino $149,000 --
Anderson David A $129,900 --
Keller John Q $13,499 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Zachary $89,336
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $91,000 +19.9% $68 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $75,900 -- $56 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,072 $279,000 $97,000 $182,000
2023 $4,522 $277,000 $89,000 $188,000
2022 $4,468 $282,000 $70,000 $212,000
2021 $4,195 $263,000 $41,000 $222,000
2020 $4,015 $256,500 $95,900 $160,600
2019 $3,876 $227,000 $63,900 $163,100
2018 $3,405 $216,000 $46,900 $169,100
2017 $3,325 $168,500 $46,900 $121,600
2016 $3,349 $164,500 $46,900 $117,600
2015 $3,127 $145,500 $46,900 $98,600
2014 -- $138,500 $36,100 $102,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeffrey Detloff

    Property Advisors Realty LLC

  • T

    Buyer's Agent in 2012

    Timothy Kindem

    Keller Williams Integrity Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4276088

REALTOR® Association of Southern Minnesota

APN: 01-028-24-33-0103

Minnesota Hennepin County Minneapolis 55407 Standish

1856 E 38th St, Minneapolis, MN

Not Listed for Sale

MultiFamily

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