NOT LISTED FOR SALE

2516 Lowry Ave N Minneapolis, MN 55411

Cleveland Neighborhood

Estimated Value: $152,000 - $181,000

3 Beds
1 Bath
1,092 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $52,000 $48 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,021/month

32 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Wheelchair Access
  • 5-minute walk to Cleveland Park

About This Home

As of January 2014

Great starter 3 Bedroom home. Good investment opportunity, convenient location, handicap ramp. Agents please read agents remarks for offer information.

Last Agent to Sell the Property

Eulogio Venegas Jr

Best Realty Inc Listed on: 12/15/2013

Last Buyer's Agent

Kyle White

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,066

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43x108

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • Woodwork
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Wheelchair Access
  • Property is near public transit
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0802924140049

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,066

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Ada Features: Partially Wheelchair
  • Amenities: Natural Woodwork
  • Estimated Number of Acres: 0.1
  • Assessment Balance: 1101
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 572
  • Parcel Number: 0802924140049
  • Projected Closed Date: 01/21/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2167
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 832
  • Below Grade Finished Sq Ft: 260
  • Total Fin Square Footage: 1092

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 43x108
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1914

Tax Info

  • Year: 2013
  • Tax Value: 1066

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Fyr Sfr Trs Llc
Bought by
Cag Minnesota Fund Ii Llc
Current Estimated Value
$168,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,770,000
Outstanding Balance
$31,118,848
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$30,950,830

Purchase Details

Closed on
Jan 31, 2024
Sold by
Fyr Sfr Borrower Llc
Bought by
Fyr Sfr Trs Llc

Purchase Details

Closed on
Aug 8, 2018
Sold by
Rha 3 Llc
Bought by
Fyr Sfr Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,700,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 15, 2013
Closed on
Jan 21, 2014
Sold by
Moghul Bashir A and Moghul Lucille J
Bought by
Rha 3 Llc
Seller's Agent
Eulogio Venegas Jr
Best Realty Inc
Buyer's Agent
Kyle White
RE/MAX Advantage Plus
List Price
$72,500
Sold Price
$52,000
Premium/Discount to List
-$20,500
-28.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Apr 10, 1998
Sold by
Makhsoo Mostafa
Bought by
Moghul Bashir A

Purchase Details

Closed on
Mar 17, 1998
Sold by
Mellon Mtg Company
Bought by
Makhsoos Mostafa
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
Cag Minnesota Fund Ii Llc $19,032,220 None Listed On Document
Cag Minnesota Fund Ii Llc $19,032,220 Land Title
Fyr Sfr Trs Llc $500 Selene Title
Fyr Sfr Borrower Llc $43,530,385 Premium Title
Rha 3 Llc $52,000 Multiple
Moghul Bashir A $19,000 --
Makhsoos Mostafa $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cag Minnesota Fund Ii Llc $39,770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Sold $52,000 -28.3% $48 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
12/15/2013 12/15/13 For Sale $72,500 -- $66 / 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 $1,609 $109,000 $26,000 $83,000
2023 $1,373 $106,000 $26,000 $80,000
2022 $1,417 $112,000 $15,000 $97,000
2021 $1,193 $103,000 $7,000 $96,000
2020 $1,170 $89,500 $12,300 $77,200
2019 $1,118 $81,500 $8,200 $73,300
2018 $1,077 $75,500 $8,200 $67,300
2017 $1,044 $68,500 $7,500 $61,000
2016 $1,077 $68,500 $7,500 $61,000
2015 $981 $59,500 $7,500 $52,000
2014 -- $54,000 $7,500 $46,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Eulogio Venegas Jr

    Best Realty Inc

  • K

    Buyer's Agent in 2014

    Kyle White

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4565380

REALTOR® Association of Southern Minnesota

APN: 08-029-24-14-0049

Minnesota Hennepin County Minneapolis 55411 Cleveland

2516 Lowry Ave N, Minneapolis, MN

This home is located at 2516 Lowry Ave N, Minneapolis, MN 55411 since 15 December 2013 and is currently estimated at $168,018, approximately $153 per square foot. This property was built in 1914. 2516 Lowry Ave N is a home located in Hennepin County with nearby schools including Lucy Craft Laney at Cleveland Park Community School, Olson Middle School, and Loveworks Academy for Arts.

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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