NOT LISTED FOR SALE

2441 1st Ave S Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $420,626 - $456,000

2 Beds
1 Bath
2,496 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $245,000 $98 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,945/month

33 Days on Market

About This Home

As of May 2014

Up Down Duplex! 2 bed units PLUS 2 car detached garage in HIGH DEMAND Minneapolis neighborhood. Hardwood floors, built ins, large front porch! Tons of character, close to shopping, 35W & more. A MUST SEE!

Last Agent to Sell the Property

Matt Schafer

RE/MAX Advantage Plus Listed on: 03/12/2014

Last Buyer's Agent

John Hemann

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,568

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36x126

Parking

  • 2 Car Garage

Home Design

  • 2,496 Sq Ft Home
  • Duplex
  • Wood Siding
  • Stucco Exterior

Utilities

  • Boiler Heating System

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,568

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 732
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 06/13/2014
  • Taxes With Assessments: 5300
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Finished Above Grade Sq Ft: 2496
  • Total Fin Square Footage: 2496

Exterior Features

  • Exterior: Stucco, Wood

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Boiler

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 36x126

Building Info

  • Year Built: 1915

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 4568

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2018
Sold by
Ides Matthew and Polli Janet
Bought by
2441 First Avenue South Llc
Current Estimated Value
$442,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 5, 2014
Sold by
Fannie Mae
Bought by
Ides Matthew and Polli Janet
Seller's Agent
Matt Schafer
RE/MAX Advantage Plus
Buyer's Agent
John Hemann
RE/MAX Results
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$196,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
U S Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 6, 2013
Sold by
Herman Weston and Bonon Virginia Y
Bought by
U S Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
2441 First Avenue South Llc -- None Available
Ides Matthew -- Title One Inc
Federal National Mortgage Association -- None Available
U S Bank National Association $154,301 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ides Matthew $92,000
Previous Owner Ides Matthew $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $245,000 +2.1% $98 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $240,000 -- $96 / 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 $6,639 $415,000 $84,000 $331,000
2022 $5,453 $410,000 $78,000 $332,000
2021 $5,564 $395,000 $48,000 $347,000
2020 $5,547 $416,000 $79,200 $336,800
2019 $5,416 $385,000 $58,100 $326,900
2018 $4,671 $366,500 $58,100 $308,400
2017 $4,798 $318,500 $52,800 $265,700
2016 $4,246 $277,000 $52,800 $224,200
2015 $3,631 $231,000 $52,800 $178,200
2014 -- $220,000 $46,500 $173,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matt Schafer

    RE/MAX

  • J

    Buyer's Agent in 2014

    John Hemann

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4587677

REALTOR® Association of Southern Minnesota

APN: 34-029-24-13-0038

Minnesota Hennepin County Minneapolis 55404 Whittier

2441 1st Ave S, Minneapolis, MN

This home is located at 2441 1st Ave S, Minneapolis, MN 55404 since 12 March 2014 and is currently estimated at $442,407, approximately $177 per square foot. This property was built in 1915. 2441 1st Ave S is a home located in Hennepin County with nearby schools including Whittier International, Andersen United Middle School, and South Senior 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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