NOT LISTED FOR SALE

2407 Lake Place Minneapolis, MN 55405

East Isles Neighborhood

Estimated Value: $803,084 - $942,000

4 Beds
2.5 Baths
2,281 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $550,000 $241 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,654/month

256 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fireplace
  • Property is near public transit
  • 2 Car Detached Garage
  • Woodwork

About This Home

As of April 2012

Exceptional 2story in fabulous location just 1 blk from Lake of the Isles. A delightful home & updates galore. Remodeled kitchen & master ste, beautiful woodwork, hardwood flrs, paver patio, newer 2 car garage, Total Comfort heating/cooling & more! Hurry!

Last Agent to Sell the Property

Jeffrey Dewing

Coldwell Banker Burnet Listed on: 07/15/2011

Last Buyer's Agent

Eric Foster

Bentley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,821

Year Built

  • 1907

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x99
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,281 Sq Ft Home
  • Woodwork
  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,821

Year Built

1907

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.11
  • Construction: Previously Owned
  • Foundation Size: 980
  • Projected Closed Date: 06/19/2012
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Place
  • Taxes With Assessments: 10964
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1907

Interior Features

  • Fireplace: Yes
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor 1/2 Bath, Master Walk-Thru
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 27x12, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, On Level: Main
  • Room 4: Kitchen, 13x13, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 8: Bedroom, 19x15, On Level: Upper
  • Room 9: Deck, 18x10, On Level: Main
  • Room 10: Patio, 19x19, On Level: Main
  • Room 11: Other, 17x7, On Level: Upper
  • Room 12: Sunroom/Solarium, 16x7, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2281
  • Total Fin Square Footage: 2281

Exterior Features

  • Frontage Road: City, Sidewalk
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall, Window
  • Fuel: Natural Gas

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 50X99
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Knudson Derek J and Knudson Jill M
Bought by
Knudson Living Trust and Knudson
Current Estimated Value
$876,271

Purchase Details

Closed on
Apr 24, 2007
Sold by
Pierce Jonathan D and Pierce Talia A
Bought by
Erlandson Patrick J and Erlandson Laurie A

Purchase Details

Closed on
Oct 31, 1997
Sold by
Bowen Bethany B
Bought by
Pierce Jonathan D and Pierce Talia A
Source: Public Records

Range of Values:

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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
Knudson Living Trust $500 None Listed On Document
Knudson Living Trust $500 None Listed On Document
Erlandson Patrick J $705,000 --
Pierce Jonathan D $286,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knudson Derek J $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2012 04/27/12 Sold $550,000 -18.9% $241 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
07/15/2011 07/15/11 For Sale $677,900 -- $297 / 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 $11,821 $831,000 $372,000 $459,000
2022 $12,841 $848,000 $372,000 $476,000
2021 $12,365 $848,000 $322,000 $526,000
2020 $12,815 $847,500 $210,900 $636,600
2019 $11,840 $815,000 $201,300 $613,700
2018 $10,473 $741,000 $201,300 $539,700
2017 $9,826 $613,500 $183,000 $430,500
2016 $10,147 $613,500 $183,000 $430,500
2015 $10,144 $588,500 $183,000 $405,500
2014 -- $549,500 $176,900 $372,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeffrey Dewing

    Coldwell Banker Burnet

  • E

    Buyer's Agent in 2012

    Eric Foster

    Bentley Realty, Inc

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4061899

REALTOR® Association of Southern Minnesota

APN: 33-029-24-24-0047

Minnesota Hennepin County Minneapolis 55405 East Isles

2407 Lake Place, Minneapolis, MN

This home is located at 2407 Lake Place, Minneapolis, MN 55405 since 15 July 2011 and is currently estimated at $876,271, approximately $384 per square foot. This property was built in 1907. 2407 Lake Place is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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