NOT LISTED FOR SALE

Estimated Value: $395,394 - $495,000

6 Beds
2 Baths
2,350 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $237,500 $101 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,053/month

55 Days on Market

Highlights

  • Property is near public transit
  • Patio
  • Community Deck or Porch
  • 2 Car Detached Garage

About This Home

As of June 2013

This home is located at 1908 Mckinley St NE, Minneapolis, MN 55418 since 03 May 2013 and is currently estimated at $443,599, approximately $188 per square foot. This property was built in 1960. 1908 Mckinley St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

Last Agent to Sell the Property

Fritz Kroll

Edina Realty, Inc. Listed on: 05/03/2013

Last Buyer's Agent

Brian Carion

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1960

Lot Details

  • 5,663

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 2,350 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Washer and Dryer Hookup
  • Patio
  • Lot Dimensions are 42x129
  • Property is near public transit

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electric, fuel, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,909

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 06/28/2013
  • Taxes With Assessments: 3909
  • Comp Dev Subdiv Name: Summit Hill
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2040
  • Total Fin Square Footage: 2350
  • Below Grade Finished Sq Ft: 310

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Concrete

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Condo/Co-op/Association

  • Shared: Deck, Patio

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 42x129

Rental Info

  • Owner Expense: Electric, Fuel, Trash, Water/Sewer
  • Tenant Expense: Cable TV

Building Info

  • Year Built: 1960

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 3909

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 21, 2013
Sold by
Gerber Geoffrey and Diamond Chelsea
Bought by
Leach Brian J
Seller's Agent
Fritz Kroll
Edina Realty, Inc.
Buyer's Agent
Brian Carion
RE/MAX Advantage Plus
List Price
$219,000
Sold Price
$237,500
Premium/Discount to List
$18,500
8.45%
Total Days on Market
55
Current Estimated Value
$443,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,099
Avg. Annual Appreciation
5.37%
Original Mortgage
$233,197
Outstanding Balance
$167,488
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$276,111

Purchase Details

Closed on
Feb 25, 2005
Sold by
Hollenhorst Michael J and Hollenhorst Sandra J
Bought by
Gerber Geoffrey

Purchase Details

Closed on
Apr 20, 1999
Sold by
Schmid Michael G and Hambach Jason J
Bought by
Hollenhorst Michael J and Hollenhorst Sandra J

Purchase Details

Closed on
Aug 6, 1998
Sold by
Federal National Mortgage Association
Bought by
Hombach Jason J and Schmid Michael G
Source: Public Records

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Range of Values:

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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
Leach Brian J $230,514 Multiple
Gerber Geoffrey $251,000 --
Hollenhorst Michael J $160,000 --
Hombach Jason J $100,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leach Brian J $70,000
Closed Leach Brian J $39,400
Open Leach Brian J $233,197
Previous Owner Gerber Geoffrey L $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $237,500 +8.4% $101 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $219,000 -- $93 / 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
2023 $6,758 $412,000 $122,000 $290,000
2022 $6,795 $412,000 $116,000 $296,000
2021 $6,102 $400,000 $72,000 $328,000
2020 $5,789 $373,500 $67,500 $306,000
2019 $5,400 $327,500 $45,000 $282,500
2018 $4,914 $297,500 $45,000 $252,500
2017 $4,564 $243,500 $40,900 $202,600
2016 $4,554 $235,500 $40,900 $194,600
2015 $4,363 $215,000 $40,900 $174,100
2014 -- $187,000 $40,900 $146,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4472395

REALTOR® Association of Southern Minnesota

APN: 12-029-24-44-0141