NOT LISTED FOR SALE

2515 1/2 2515 1 2 16th-Avenue-s Minneapolis, MN 55404

Phillips Neighborhood

Estimated Value: $123,000 - $217,000

2 Beds
1 Bath
1,000 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 28, 2013

Last sale price $15,000 $15 Per Sq Ft

Est. 971% increase in value since last sale

Current estimated payment $1,047/month

125 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Porch
  • Woodwork
  • Forced Air Heating System

About This Home

As of January 2013

This home has 2 bedrooms and a den up, spacious front porch and good-sized kitchen, formal dining room and living room on the main floor, with hardwood floors. The home does need some TLC and is priced accordingly.

Last Agent to Sell the Property

George Farkas

Re/Max Results Listed on: 09/04/2012

Last Buyer's Agent

Richard Webb

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • 1908

Lot Details

  • 1,742 Sq Ft Lot
  • Irregular Lot

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 3502924140100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

1908

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.04
  • Construction: Previously Owned
  • Foundation Size: 500
  • Parcel Number: 3502924140100
  • Projected Closed Date: 01/25/2013
  • Stories: 2 Story
  • Taxes With Assessments: 1498
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1908

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 19x08, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 4: Kitchen, 15x07, On Level: Main
  • Room 5: Bedroom, 17x10, On Level: Upper
  • Room 6: Bedroom, 10x10, On Level: Upper
  • Room 9: Den/Office, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1000
  • Total Fin Square Footage: 1000

Exterior Features

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

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 6X84.3&amp
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2013
Sold by
Hugener Edward and Hugener Theresa
Bought by
Minnestpopolis Viii Llc
Current Estimated Value
$160,667

Purchase Details

Listed on
Sep 4, 2012
Closed on
Jan 29, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hugener Edward
Seller's Agent
George Farkas
Re/Max Results
Buyer's Agent
Richard Webb
RE/MAX Results
List Price
$51,500
Sold Price
$15,000
Premium/Discount to List
-$36,500
-70.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%

Purchase Details

Closed on
Aug 17, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 4, 2012
Sold by
Mckinnies Maeola P
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 24, 2003
Sold by
Mccartney Barbara
Bought by
Mckinnies Maeola P

Purchase Details

Closed on
Apr 2, 2002
Sold by
North Earnest A
Bought by
Mccartney Barbara
Source: Public Records

Range of Values:

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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
Minnestpopolis Viii Llc $29,900 Ancona Title & Escrow
Hugener Edward -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $80,022 --
Mckinnies Maeola P $80,000 --
Mccartney Barbara $57,000 --
North Earnest A $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2013 01/28/13 Sold $15,000 -70.9% $15 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $51,500 -- $52 / 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 $2,335 $157,000 $29,000 $128,000
2023 $1,932 $148,000 $21,000 $127,000
2022 $1,996 $148,000 $13,000 $135,000
2021 $1,832 $144,000 $10,000 $134,000
2020 $1,986 $137,000 $2,300 $134,700
2019 $1,948 $137,000 $2,300 $134,700
2018 $1,705 $130,500 $2,300 $128,200
2017 $1,601 $104,000 $2,100 $101,900
2016 $1,590 $100,000 $2,100 $97,900
2015 $1,236 $74,000 $2,100 $71,900
2014 -- $74,000 $2,100 $71,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4394746

REALTOR® Association of Southern Minnesota

APN: 35-029-24-14-0100