NOT LISTED FOR SALE

2506 14th Ave S Minneapolis, MN 55404

Phillips Neighborhood

Estimated Value: $381,000 - $428,000

5 Beds
2 Baths
2,504 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $80,000 $32 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $2,552/month

5 Days on Market

About This Home

As of December 2014

Large Two Unit Duplex. Three unfinished potential bedrooms on third floor of home. Home needs repairs. Great location close to parks and downtown.

Last Agent to Sell the Property

James Archer

JCA Realty Listed on: 11/19/2014

Last Buyer's Agent

Pahola Clysdale

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 58x127

Interior Spaces

  • 2,504 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Stories: 2.25 - 2.75 Story
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2504
  • Total Fin Square Footage: 2504

Lot Info

  • Estimated Lot Dimensions: 58x127

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 3222

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Agjra Llc
Bought by
Angamarca Segunda Antonia Balvoa
Current Estimated Value
$407,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$155,959
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$251,629

Purchase Details

Listed on
Nov 19, 2014
Closed on
Dec 11, 2014
Sold by
Minneapolis Neighborhood Land Bank Llc
Bought by
Balboa Wilson Javier Montero
Seller's Agent
James Archer
JCA Realty
Buyer's Agent
Pahola Clysdale
Bridge Realty, LLC
List Price
$75,000
Sold Price
$80,000
Premium/Discount to List
$5,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$92,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 19, 2014
Closed on
Dec 5, 2014
Sold by
Balboa Javier Montero
Bought by
Montero Llc
Seller's Agent
James Archer
JCA Realty
Buyer's Agent
Pahola Clysdale
Bridge Realty, LLC
List Price
$75,000
Sold Price
$80,000
Premium/Discount to List
$5,000
6.67%

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
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2014
Sold by
Rice Victoria A
Bought by
Minneapolis Neighborhood Land Bank Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Angamarca Segunda Antonia Balvoa -- Comerstone Title Inc
Balboa Wilson Javier Montero $80,000 Nations Title
Montero Llc -- None Available
Minneapolis Neighborhood Land Bank Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angamarca Segunda Antonia Balvoa $182,000
Previous Owner Montero Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $80,000 +6.7% $32 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $75,000 -- $30 / 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
2024 $15,405 $382,000 $60,000 $322,000
2023 $8,839 $402,000 $54,000 $348,000
2022 $8,371 $357,000 $43,000 $314,000
2021 $6,085 $354,000 $29,000 $325,000
2020 $5,267 $372,500 $38,000 $334,500
2019 $5,302 $298,000 $25,300 $272,700
2018 $3,887 $252,500 $25,300 $227,200
2017 $3,800 $192,500 $23,000 $169,500
2016 $4,059 $180,000 $23,000 $157,000
2015 $14,262 $156,500 $23,000 $133,500
2014 -- $147,500 $23,000 $124,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James Archer

    JCA Realty

  • P

    Buyer's Agent in 2014

    Pahola Clysdale

    Bridge Realty, LLC

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4698006

REALTOR® Association of Southern Minnesota

APN: 35-029-24-13-0380

Minnesota Hennepin County Minneapolis 55404 Phillips

2506 14th Ave S, Minneapolis, MN

Not Listed for Sale

MultiFamily

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