NOT LISTED FOR SALE

Estimated Value: $187,000 - $204,000

3 Beds
1 Bath
990 Sq Ft
$198/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $42,000 $42 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $1,294/month

207 Days on Market

Highlights

  • Property is near public transit
  • Bathroom on Main Level
  • Forced Air Heating System
  • Wood Flooring
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of February 2013

This home is located at 2318 Sheridan Ave N, Minneapolis, MN 55411 since 19 July 2012 and is currently estimated at $195,954, approximately $197 per square foot. This property was built in 1955. 2318 Sheridan Ave N is a home located in Hennepin County with nearby schools including Lucy Craft Laney at Cleveland Park Community School, Olson Middle School, and Loveworks Academy for Arts.

Last Agent to Sell the Property

Susan Gonyea

Gonyea Homes, Inc. Listed on: 07/19/2012

Last Buyer's Agent

Scott Ficek

Rental Management Guys, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,379

Year Built

  • 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38 x 135
  • Few Trees

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1702924110231

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,379

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.11
  • Assessment Balance: 382.14
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 990
  • Parcel Number: 1702924110231
  • Projected Closed Date: 03/08/2013
  • Stories: 1 Story
  • Taxes With Assessments: 1074
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x23, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, On Level: Main
  • Room 4: Kitchen, 10x8, On Level: Main
  • Room 5: Bedroom, 9x9, On Level: Main
  • Room 6: Bedroom, 9x11, On Level: Main
  • Room 7: 11x13, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 990
  • Total Fin Square Footage: 990

Exterior Features

  • Exterior: Fiber Board
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 38 X 135
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2019
Sold by
Olson Matthew S and Olson Lacey
Bought by
Arv Properties Llc
Total Days on Market
207
Current Estimated Value
$195,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2019
Sold by
Grays 18 Llc
Bought by
Olson Matthew S and Olson Lacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Gratus Capital Properties Fund I Lp
Bought by
Grays 18 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,852,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 17, 2017
Sold by
Trilogy Properties Of Mn Llc
Bought by
Gratus Capital Properties Fund I Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,718,500
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 19, 2012
Closed on
Mar 8, 2013
Sold by
Mn Props Llc
Bought by
Mn Residential Holdings Llc
Seller's Agent
Susan Gonyea
Gonyea Homes, Inc.
Buyer's Agent
Scott Ficek
Rental Management Guys, LLC
List Price
$55,000
Sold Price
$42,000
Premium/Discount to List
-$13,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%

Purchase Details

Listed on
Jul 19, 2012
Closed on
Feb 21, 2013
Sold by
Sumba Properties Llc
Bought by
Mn Propss Llc
Seller's Agent
Susan Gonyea
Gonyea Homes, Inc.
Buyer's Agent
Scott Ficek
Rental Management Guys, LLC
List Price
$55,000
Sold Price
$42,000
Premium/Discount to List
-$13,000
-23.64%

Purchase Details

Closed on
Jun 27, 2011
Sold by
Mcglennon Marie Annette
Bought by
Sumba Properties Llc

Purchase Details

Closed on
Oct 1, 2009
Sold by
Creative Realty Solutions Llc
Bought by
Mcglennon Marie Annette

Purchase Details

Closed on
Jun 10, 2009
Sold by
Interstate Investment Group Llc
Bought by
Creative Realty Solutions Llc and Tcs Foreclosure

Purchase Details

Closed on
Dec 17, 2004
Sold by
Xiong Pao Ge
Bought by
Xiong Wendy and Xiong Nai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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
Arv Properties Llc -- None Available
Olson Matthew S $150,000 Legacy Title
Grays 18 Llc $944,000 Titlenexus Llc
Grays 18 Llc $944,000 Titlenexus Llc
Gratus Capital Properties Fund I Lp $832,000 Titlenexus Llc
Mn Residential Holdings Llc $48,529 Trademark Title Services Inc
Mn Propss Llc $40,958 West Title Llc
Sumba Properties Llc $35,000 West Title Llc
Sumba Properties Llc $35,000 --
Mcglennon Marie Annette $35,000 --
Creative Realty Solutions Llc $8,800 --
Xiong Wendy $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arv Properties Llc $3,398,000
Closed Olson Matthew S $120,000
Previous Owner Grays 18 Llc $1,852,000
Previous Owner Gratus Capital Properties Fund I Lp $1,718,500
Previous Owner Xiong Wendy $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2013 02/26/13 Sold $42,000 -23.6% $42 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
07/19/2012 07/19/12 For Sale $55,000 -- $56 / 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 $2,379 $183,000 $16,000 $167,000
2022 $1,877 $166,000 $16,000 $150,000
2021 $1,698 $136,000 $10,000 $126,000
2020 $1,674 $127,500 $12,900 $114,600
2019 $1,434 $116,000 $8,600 $107,400
2018 $1,389 $96,500 $8,600 $87,900
2017 $1,331 $87,000 $7,800 $79,200
2016 $1,255 $79,500 $7,800 $71,700
2015 $1,274 $77,000 $7,800 $69,200
2014 -- $77,000 $7,800 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4347979

REALTOR® Association of Southern Minnesota

APN: 17-029-24-11-0231