225 Cedar Lake Rd N Minneapolis, MN 55405
Harrison NeighborhoodEstimated Value: $289,000 - $349,000
3
Beds
2
Baths
1,620
Sq Ft
$197/Sq Ft
Est. Value
About This Home
As of July 2022Solid duplex in a great location! Lots of charm along with great bones and mechanicals. Lots of updates and exceptional layout. Built-ins, hardwood floors, fenced yard, garage and excellent rental history. This is a gem!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,468
Year Built
- Built in 1924
Lot Details
- 6,970
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,620 Sq Ft Home
- 1.5-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 170x40
- Hot Water Heating System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for fuel, trash collection, water
- Assessor Parcel Number 2102924340179
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2022
Closed on
Jul 30, 2022
Sold by
Randolph Jon J and Randolph Jo Jennifer
Bought by
Krenz Zachary and Krenz Gregory
Seller's Agent
Emily Green
Sandy Green Realty, Inc.
Buyer's Agent
Eric Alsides
eXp Realty
List Price
$270,000
Sold Price
$281,000
Premium/Discount to List
$11,000
4.07%
Total Days on Market
5
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
$38,417
Avg. Annual Appreciation
4.52%
Original Mortgage
$224,800
Outstanding Balance
$216,747
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$102,670
Purchase Details
Listed on
May 20, 2022
Closed on
Jul 1, 2022
Sold by
Randolph Jon and Randolph Jennifer
Bought by
Krenz Zachary and Krenz Gregory
Seller's Agent
Emily Green
Sandy Green Realty, Inc.
Buyer's Agent
Eric Alsides
eXp Realty
List Price
$270,000
Sold Price
$281,000
Premium/Discount to List
$11,000
4.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Outstanding Balance
$216,747
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$102,670
Purchase Details
Closed on
Jun 27, 1997
Sold by
Velasco Verne and Velasco Donna
Bought by
Randolph Jon J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krenz Zachary | $281,000 | Watermark Title | |
| Krenz Zachary | $281,000 | -- | |
| Randolph Jon J | $67,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krenz Zachary | $224,800 | |
| Closed | Krenz Zachary | $224,800 | |
| Previous Owner | Randolph Jennifer Jo | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $281,000 | 0.0% | $173 / Sq Ft |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- |
| 05/24/2022 05/24/22 | Off Market | $281,000 | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $270,000 | -- | $167 / 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 | $3,951 | $311,000 | $82,000 | $229,000 |
| 2022 | $4,468 | $310,000 | $74,000 | $236,000 |
| 2021 | $3,611 | $263,000 | $47,000 | $216,000 |
| 2020 | $3,907 | $221,000 | $27,300 | $193,700 |
| 2019 | $3,649 | $221,000 | $18,200 | $202,800 |
| 2018 | $3,100 | $201,000 | $18,200 | $182,800 |
| 2017 | $3,341 | $161,500 | $16,500 | $145,000 |
| 2016 | $3,163 | $147,000 | $16,500 | $130,500 |
| 2015 | $3,644 | $163,500 | $16,500 | $147,000 |
| 2014 | -- | $142,000 | $16,500 | $125,500 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Green
Seller's Agent in 2022
Emily Green
Sandy Green Realty, Inc.
(612) 275-5770
1 in this area
110 Total Sales
-
Eric Alsides
Buyer's Agent in 2022
Eric Alsides
eXp Realty
(612) 231-9800
1 in this area
103 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6199946
APN: 21-029-24-34-0179
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