NOT LISTED FOR SALE

2217 Aldrich Ave S Minneapolis, MN 55405

Lowry Hill East Neighborhood

Estimated Value: $610,000 - $631,000

6 Beds
6 Baths
3,206 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 16, 2013

Last sale price $378,300 $118 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,244/month

10 Days on Market

Highlights

  • Property is near public transit
  • Fireplace
  • Community Deck or Porch
  • 1 Car Detached Garage
  • Coin Laundry

About This Home

As of May 2013

Super Wedge location very close to downtown. Triplex w/one 3Br, one 2Br & one 1Br units. The 3Br unit easily converted back to 4th unit. Excellent condition & well cared for w/hardwood floors, built-ins, stained glass, front porch & more! Great tenants.

Last Listed By

Brigg Backer

Coldwell Banker Burnet Listed on: 03/15/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,490

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 58x124

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,206 Sq Ft Home
  • Fireplace
  • Partial Basement
  • Range

Additional Features

  • Property is near public transit
  • Window Unit Cooling System

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Amenities

  • Community Deck or Porch
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,490

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Projected Closed Date: 05/15/2013
  • Taxes With Assessments: 6490
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 3206
  • Total Fin Square Footage: 3206

Exterior Features

  • Frontage Road: City
  • Exterior: Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 58x124

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2013
  • Tax Value: 6490

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
May 16, 2013
Sold by
Kinstad Brian W and Lyon Monica Renee Ebert
Bought by
Boys Matthew J
Seller's Agent
Brigg Backer
Coldwell Banker Burnet
Buyer's Agent
Chase Franzen
Spoonbridge Realty
List Price
$400,000
Sold Price
$378,300
Premium/Discount to List
-$21,700
-5.42%
Total Days on Market
10
Current Estimated Value
$618,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,367
Avg. Annual Appreciation
4.17%
Original Mortgage
$371,447
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2000
Sold by
Holmquist Scott A and Adamidi Catherine M
Bought by
Kinstad Brian

Purchase Details

Closed on
Feb 8, 1999
Sold by
Crickman Robin Dee
Bought by
Holmquist Scott W and Adamidi Catherine M

Range of Values:

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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
Boys Matthew J $367,173 Watermark Title Agency
Kinstad Brian $351,000 --
Holmquist Scott W $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boys Matthew J $389,900
Closed Boys Matthew J $22,400
Closed Boys Matthew J $371,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2013 05/16/13 Sold $378,300 -5.4% $118 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $400,000 -- $125 / 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 $9,373 $586,000 $179,000 $407,000
2022 $8,969 $558,000 $153,000 $405,000
2021 $8,618 $528,000 $132,000 $396,000
2020 $9,324 $527,500 $108,900 $418,600
2019 $8,703 $527,500 $72,600 $454,900
2018 $7,090 $479,500 $72,600 $406,900
2017 $6,652 $432,000 $66,000 $366,000
2016 $6,053 $383,000 $66,000 $317,000
2015 $6,005 $363,500 $66,000 $297,500
2014 -- $316,000 $83,500 $232,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brigg Backer

    Coldwell Banker Burnet

  • C

    Buyer's Agent in 2013

    Chase Franzen

    Spoonbridge Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4450191

REALTOR® Association of Southern Minnesota

APN: 33-029-24-11-0141

Minnesota Hennepin County Minneapolis 55405 Lowry Hill East

2217 Aldrich Ave S, Minneapolis, MN

Homes for Sale in Minneapolis, MN

This home is located at 2217 Aldrich Ave S, Minneapolis, MN 55405 since 15 March 2013 and is currently estimated at $618,667, approximately $192 per square foot. This property was built in 1900. 2217 Aldrich Ave S is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South Senior High School.

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