NOT LISTED FOR SALE

2408 Buchanan St NE Minneapolis, MN 55418

Windom Park Neighborhood

Estimated Value: $377,608 - $445,000

4 Beds
2 Baths
1,850 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $149,000 $81 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,627/month

157 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Forced Air Heating System
  • 2 Car Detached Garage
  • 1-Story Property
  • Community Deck or Porch

About This Home

As of January 2012

Clean well-kept side by side duplex. Property in great condition. Easy to show, must see! Good owner occupied or investment property.

Last Agent to Sell the Property

Ryan O'Neill

RE/MAX Advantage Plus Listed on: 08/01/2011

Last Buyer's Agent

Melissa Gorman

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,825

Year Built

  • 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42 x 124.75
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Microwave
  • Washer and Dryer Hookup

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Short Sale
  • Tenant pays for cable TV, electric, fuel
  • The owner pays for lawn, maint/repair, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,825

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 01/06/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2473.6
  • Estimated Number of Acres: 0.12
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Appliances: Microwave
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1850
  • Total Fin Square Footage: 1850

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Deck, Patio, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 42 X 124.75

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel

Multi Family

  • Total Units Available: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2011
Closed on
Jan 6, 2012
Sold by
Dewaele Sheila Ann
Bought by
Roach Adam M
Seller's Agent
Ryan O'Neill
RE/MAX Advantage Plus
Buyer's Agent
Melissa Gorman
Coldwell Banker Burnet
List Price
$169,000
Sold Price
$149,000
Premium/Discount to List
-$20,000
-11.83%
Current Estimated Value
$408,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,402
Avg. Annual Appreciation
7.67%
Original Mortgage
$145,222
Outstanding Balance
$17,630
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$390,772

Purchase Details

Closed on
Mar 21, 2001
Sold by
Vados Gary W
Bought by
Dewaele Arthur J and Dewaele Sheila Ann
Source: Public Records

Range of Values:

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Average Value
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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
Roach Adam M $149,000 Burnet Title
Roach Adam M $149,000 Burnet Title
Dewaele Arthur J $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roach Adam M $5,475
Open Roach Adam M $145,222
Closed Roach Adam M $145,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2012 01/06/12 Sold $149,000 -11.8% $81 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
08/01/2011 08/01/11 For Sale $169,000 -- $91 / 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 $4,825 $373,000 $116,000 $257,000
2022 $4,000 $338,000 $114,000 $224,000
2021 $3,516 $298,000 $53,000 $245,000
2020 $3,421 $274,000 $54,800 $219,200
2019 $3,164 $249,000 $36,500 $212,500
2018 $2,814 $226,500 $36,500 $190,000
2017 $2,366 $172,500 $33,200 $139,300
2016 $2,188 $157,500 $33,200 $124,300
2015 $1,948 $138,000 $33,200 $104,800
2014 -- $149,500 $36,400 $113,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ryan O'Neill

    RE/MAX

  • M

    Buyer's Agent in 2012

    Melissa Gorman

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589010

REALTOR® Association of Southern Minnesota

APN: 12-029-24-31-0055

Minnesota Hennepin County Minneapolis 55418 Windom Park

2408 Buchanan St NE, Minneapolis, MN

This home is located at 2408 Buchanan St NE, Minneapolis, MN 55418 since 01 August 2011 and is currently estimated at $408,402, approximately $220 per square foot. This property was built in 1952. 2408 Buchanan St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison 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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