NOT LISTED FOR SALE

2508 E 22nd St Minneapolis, MN 55406

Seward Neighborhood

Estimated Value: $507,157 - $545,000

5 Beds
3 Baths
2,904 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $306,000 $105 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,368/month

13 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Wood Siding
  • Community Garden
  • Forced Air Heating System
  • 3-minute walk to Merwyn Triangle Park

About This Home

As of August 2014

Handsome 3-story duplex in Seward! One 2BR unit w/classic features, nat'l ww & flrs, balcony. Eat-in kitchen, #2 has 3BR, brkfst bar & dishwasher. 3rd fl w/vaulted ceiling/skylight. Shared laundry. Near River trails, U of M. Midway to both downtowns.

Last Agent to Sell the Property

Pat Rosaves

River Realty Listed on: 04/22/2014

Last Buyer's Agent

Shawn Strathe

Bjorklund Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,677

Year Built

  • Built in 1903

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,904 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Garden

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,677

Year Built

Built in 1903

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2904
  • Total Fin Square Footage: 2904

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Common Garden

Lot Info

  • Estimated Lot Dimensions: 40x120

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1903

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 5677

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
Aug 14, 2014
Sold by
Berle Lawrence Lawrence
Bought by
Herman Nickolas Nickolas
Seller's Agent
Pat Rosaves
River Realty
Buyer's Agent
Shawn Strathe
Bjorklund Realty, Inc.
List Price
$298,500
Sold Price
$306,000
Premium/Discount to List
$7,500
2.51%
Current Estimated Value
$520,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,039
Avg. Annual Appreciation
4.71%
Original Mortgage
$244,800
Outstanding Balance
$186,729
Interest Rate
4.12%
Estimated Equity
$333,310
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
Herman Nickolas Nickolas $306,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Nickolas Nickolas $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $306,000 +2.5% $105 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $298,500 -- $103 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $8,262 $453,000 $133,000 $320,000
2023 $7,486 $468,000 $133,000 $335,000
2022 $5,849 $430,000 $105,000 $325,000
2021 $5,638 $422,000 $91,000 $331,000
2020 $5,688 $421,500 $75,900 $345,600
2019 $5,280 $394,000 $50,600 $343,400
2018 $4,736 $358,000 $50,600 $307,400
2017 $4,856 $322,500 $46,000 $276,500
2016 $5,016 $322,500 $46,000 $276,500
2015 $5,884 $290,000 $46,000 $244,000
2014 -- $258,500 $44,700 $213,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Pat Rosaves

    River Realty

  • S

    Buyer's Agent in 2014

    Shawn Strathe

    Bjorklund Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4605705

REALTOR® Association of Southern Minnesota

APN: 36-029-24-12-0064

Minnesota Hennepin County Minneapolis 55406 Seward

2508 E 22nd St, Minneapolis, MN

Not Listed for Sale

MultiFamily

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