2316 Fremont Ave S Minneapolis, MN 55405
East Isles NeighborhoodEstimated Value: $498,000 - $618,000
5
Beds
2
Baths
2,296
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Hot Water Heating System
- Coin Laundry
- Wood Fence
About This Home
As of March 2024Absolutely pristine up/down duplex in coveted East Isles/Lowry Hill neighborhood. Great for owner-occ - house hack or investor. Perfectly blending old world charm/character w/ modern updates, both units feature brand new kitchens & bathrooms, new SS appliances & new oak wood floors! Upper unit is 3 br, 1 bath w/ sun-splashed living room, vaulted ceilings & fireplace. Mail level unit is 2 bds, 1 bath w/ generous spaces & mudroom off the back. Duel access to a clean, neat & dry basement w/ 2 new boilers & water heaters for split utilities. Coin op laundry machines. Fully fenced in backyard with picnic area and a newer built, two car garage. Walking distance to all of Uptown's favorites - Lake of the Isles, restaurants, shopping & nightlife; Bde Maka Ske, trails & parks. Kowalski's just a block away for convenience.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,779
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 40x129
- Wood Fence
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,296 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Utilities
- Hot Water Heating System
- Boiler Heating System
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel
- The owner pays for grounds care, snow removal, taxes, trash collection, water
- Assessor Parcel Number 3302924120129
Community Details
Overview
- 2 Units
- Hennepin Ave Add Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2023
Closed on
Mar 1, 2024
Sold by
Peter Seth and Peter Christine
Bought by
Droen Evan
Seller's Agent
Reid Lenz
Verde Real Estate Group
Buyer's Agent
Karl Elfstrmo
Bridge Realty, LLC
List Price
$569,900
Sold Price
$571,516
Premium/Discount to List
$1,616
0.28%
Total Days on Market
66
Views
143
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
-$11,065
Avg. Annual Appreciation
-1.58%
Original Mortgage
$522,937
Outstanding Balance
$516,707
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$43,744
Purchase Details
Listed on
Nov 20, 2023
Closed on
Feb 27, 2024
Sold by
Peter Seth W and Peter Christine
Bought by
Droen Evan
Seller's Agent
Reid Lenz
Verde Real Estate Group
Buyer's Agent
Karl Elfstrmo
Bridge Realty, LLC
List Price
$569,900
Sold Price
$571,516
Premium/Discount to List
$1,616
0.28%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,937
Outstanding Balance
$516,707
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$43,744
Purchase Details
Closed on
Apr 11, 2017
Sold by
Larsen Rebecca J and Larsen Samuel J
Bought by
Peter Seth W
Purchase Details
Closed on
Apr 7, 2017
Sold by
Larsen Rebecca J and Larsen Samuel J
Bought by
Peter Seth W
Purchase Details
Closed on
May 11, 2011
Sold by
Calcutt Michael E and Calcutt Sandra L
Bought by
Bartram Rebecca J and Larsen Samuel J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
4.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2006
Sold by
Herrera Marcos A
Bought by
Calcutt Michael E
Purchase Details
Closed on
Mar 14, 2003
Sold by
Ssi Properties
Bought by
Herera Marcos A
Purchase Details
Closed on
Feb 18, 2003
Sold by
Elie Steven M and Elie Lisa R
Bought by
Ssi Properties Inc
Purchase Details
Closed on
Mar 12, 1998
Sold by
Kuehn Daniel B and Kuehn Dana R
Bought by
Elie Steven M and Elie Lisa R
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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 |
|---|---|---|---|
| Droen Evan | $571,516 | -- | |
| Droen Evan | $571,514 | All American Title Company | |
| Peter Seth W | $525,000 | Home Title Inc | |
| Peter Seth W | $525,000 | Home Title Inc | |
| Bartram Rebecca J | $382,000 | -- | |
| Calcutt Michael E | $500,000 | -- | |
| Herera Marcos A | $406,000 | -- | |
| Ssi Properties Inc | $393,375 | -- | |
| Elie Steven M | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Droen Evan | $522,937 | |
| Closed | Droen Evan | $522,937 | |
| Previous Owner | Larsen Samuel J | $292,000 | |
| Previous Owner | Bartram Rebecca J | $297,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2024 03/01/24 | Sold | $571,516 | 0.0% | $249 / Sq Ft |
| 01/25/2024 01/25/24 | Pending | -- | -- | -- |
| 01/22/2024 01/22/24 | Off Market | $571,516 | -- | -- |
| 11/20/2023 11/20/23 | For Sale | $569,900 | -- | $248 / 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 | $9,052 | $567,000 | $246,000 | $321,000 |
| 2022 | $9,219 | $546,000 | $233,000 | $313,000 |
| 2021 | $8,755 | $536,000 | $224,000 | $312,000 |
| 2020 | $8,932 | $528,000 | $194,300 | $333,700 |
| 2019 | $8,345 | $498,000 | $169,800 | $328,200 |
| 2018 | $7,474 | $452,500 | $169,800 | $282,700 |
| 2017 | $6,999 | $373,500 | $154,400 | $219,100 |
| 2016 | $5,575 | $355,500 | $154,400 | $201,100 |
| 2015 | $5,720 | $348,500 | $154,400 | $194,100 |
| 2014 | -- | $303,000 | $141,600 | $161,400 |
Source: Public Records
Agents Affiliated with this Home
-
Reid Lenz
Seller's Agent in 2024
Reid Lenz
Verde Real Estate Group
(712) 330-2138
1 in this area
58 Total Sales
-
Karl Elfstrmo
K
Buyer's Agent in 2024
Karl Elfstrmo
Bridge Realty, LLC
(651) 434-4519
1 in this area
14 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6462161
APN: 33-029-24-12-0129
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