2016 Queen Ave S Minneapolis, MN 55405
Kenwood NeighborhoodEstimated Value: $1,036,000 - $1,084,369
9
Beds
5
Baths
4,345
Sq Ft
$243/Sq Ft
Est. Value
About This Home
As of November 2024Affectionately referred to as “The Queen” this Kenwood up-down duplex has been owner occupied over the past 40+ years. Properly updated in all the right places this grand, light-filled property boasting over 100 windows, has all the original charm including the hardwood flooring, built-in buffets and picture windows. The owner occupied upper unit has over 2800sf! Nestled in on arguably one of the most sought after blocks in the Minneapolis lakes area, just steps from Lake of the Isles, city parks and the walking/biking trail system. Updated kitchens, windows, and bathrooms. Gas fireplaces in each unit. New roof in 2024. AC on 3rd floor, separate utilities, washer and dryer both on 3rd floor and basement common space. The backyard is an oasis of greenery, brickwork and stone. Picture yourself sitting under the covered back patio or out in your gardens! Both units are ready to move in, first floor is rental ready, an excellent funding source for the owner occupant. This is the property in the community you have been searching for!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,729
Year Built
- Built in 1917
Lot Details
- Lot Dimensions are 43x190
- Property is Fully Fenced
- Wood Fence
- Wire Fence
- Irregular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Pillar, Post or Pier Foundation
Interior Spaces
- 4,345 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Utilities
- Baseboard Heating
- Hot Water Heating System
- Boiler Heating System
- Radiant Heating System
- 200+ Amp Service
Community Details
- 2 Units
- Kenwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 3202924110018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Nov 12, 2024
Sold by
Susan F Kettering Revocable Trust and Kettering Susan F
Bought by
Novotny Mandy and Baker Christopher Brent
Seller's Agent
Nicoli Holm
Keller Williams Realty Integrity
Buyer's Agent
Andrew Harwood
Keller Williams Premier Realty
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Total Days on Market
18
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,842
Avg. Annual Appreciation
0.87%
Original Mortgage
$955,000
Outstanding Balance
$950,271
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$104,571
Purchase Details
Closed on
May 8, 2012
Sold by
Kettering Robert W and Kettering Susan F
Bought by
Susan F Kettering Revocable Trust and Kettering
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Novotny Mandy | $1,050,000 | None Listed On Document | |
| Novotny Mandy | $1,050,000 | -- | |
| Susan F Kettering Revocable Trust | $500 | None Listed On Document | |
| Susan F Kettering Revocable Trust | $500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Novotny Mandy | $955,000 | |
| Closed | Novotny Mandy | $945,000 | |
| Previous Owner | Kettering Robert W | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $1,050,000 | -4.5% | $242 / Sq Ft |
| 10/29/2024 10/29/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $1,100,000 | -- | $253 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $13,729 | $952,000 | $361,000 | $591,000 |
| 2022 | $13,043 | $865,000 | $361,000 | $504,000 |
| 2021 | $11,889 | $860,000 | $415,000 | $445,000 |
| 2020 | $12,443 | $817,500 | $343,200 | $474,300 |
| 2019 | $12,798 | $793,500 | $343,200 | $450,300 |
| 2018 | $11,457 | $793,500 | $343,200 | $450,300 |
| 2017 | $10,507 | $650,000 | $312,000 | $338,000 |
| 2016 | $10,336 | $624,000 | $312,000 | $312,000 |
| 2015 | $10,241 | $594,500 | $312,000 | $282,500 |
| 2014 | -- | $540,500 | $292,800 | $247,700 |
Source: Public Records
Agents Affiliated with this Home
-
Nicoli Holm
Seller's Agent in 2024
Nicoli Holm
Keller Williams Realty Integrity
(612) 286-6813
2 in this area
294 Total Sales
-
Brian Offerdahl
Seller Co-Listing Agent in 2024
Brian Offerdahl
Keller Williams Realty Integrity
(612) 207-3467
1 in this area
168 Total Sales
-
Andrew Harwood
Buyer's Agent in 2024
Andrew Harwood
Keller Williams Premier Realty
(612) 724-3646
1 in this area
210 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6468762
APN: 32-029-24-11-0018
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