NOT LISTED FOR SALE

2016 Emerson Ave S Minneapolis, MN 55405

Lowry Hill Neighborhood

Estimated Value: $558,000 - $684,000

5 Beds
3 Baths
2,498 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $329,900 $132 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,239/month

60 Days on Market

Highlights

  • Property is near public transit
  • Community Garden
  • Woodwork
  • Wood Flooring
  • 1 Car Detached Garage
  • Wood Siding

About This Home

As of May 2012

Spacious Lowry Hill duplex, originally a classic single family home on extra lrg lot. Good rental or convert back. 4 BR,2 BA & office on 2nd & 3rd levels.1 BR apt. on main. Needs some work but great price and location. Sold "AS IS", 24 hr notice.

Last Listed By

Lynn Rossom

Edina Realty, Inc. Listed on: 02/21/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,051

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 60 x 127.7
  • Few Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,498 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer
  • Dishwasher

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electric, fuel, trash, water/sewer
  • The owner pays for janitorial, lawn, maint/repair, snow
  • Assessor Parcel Number 3302924120032

Community Details

Overview

  • 2 Units

Amenities

  • Community Garden
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,051

Year Built

Built in 1908

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 477.24
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 3302924120032
  • Projected Closed Date: 07/31/2012
  • Stories: 2.25 - 2.75 Story
  • Taxes With Assessments: 8528
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2498
  • Total Fin Square Footage: 2498

Exterior Features

  • Frontage Road: City, Sidewalk
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Deck, Common Garden

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 60 X 127.7

Rental Info

  • Owner Expense: Janitorial, Lawn, Maint/Repair, Snow
  • Tenant Expense: Electric, Fuel, Trash, Water/Sewer

Building Info

  • Year Built: 1908

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 10491

Tax Info

  • Year: 2011
  • Tax Value: 8051

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2012
Closed on
May 8, 2012
Sold by
Lehman Karen P
Bought by
Mahony Kevin P and Fassett Gwendolyn J
Seller's Agent
Lynn Rossom
Edina Realty, Inc.
Buyer's Agent
Barbara Barry
Edina Realty, Inc.
List Price
$329,900
Sold Price
$329,900
Total Days on Market
60
Current Estimated Value
$626,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,240
Avg. Annual Appreciation
5.04%
Original Mortgage
$247,425
Outstanding Balance
$43,630
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$582,510

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
Mahony Kevin P $329,900 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahony Kevin P $247,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2012 05/23/12 Sold $329,900 0.0% $132 / Sq Ft
04/21/2012 04/21/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $329,900 -- $132 / 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 $8,812 $552,000 $283,000 $269,000
2022 $7,150 $535,000 $280,000 $255,000
2021 $6,900 $513,000 $302,000 $211,000
2020 $7,472 $512,500 $255,300 $257,200
2019 $6,960 $512,500 $224,300 $288,200
2018 $7,007 $466,000 $224,300 $241,700
2017 $6,605 $382,000 $203,900 $178,100
2016 $5,826 $364,000 $203,900 $160,100
2015 $6,107 $364,000 $203,900 $160,100
2014 -- $316,500 $188,700 $127,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lynn Rossom

    Edina Realty, Inc.

  • B

    Buyer's Agent in 2012

    Barbara Barry

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589804

REALTOR® Association of Southern Minnesota

APN: 33-029-24-12-0032

Minnesota Hennepin County Minneapolis 55405 Lowry Hill

2016 Emerson Ave S, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 2016 Emerson Ave S, Minneapolis, MN 55405 since 21 February 2012 and is currently estimated at $626,140, approximately $250 per square foot. This property was built in 1908. 2016 Emerson Ave S is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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