2518 University Ave NE Minneapolis, MN 55418
Marshall Terrace NeighborhoodEstimated payment $1,980/month
Highlights
- Popular Property
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- Deck
- No HOA
- The kitchen features windows
About This Home
Opportunity in Northeast Arts District. Charming home with original character and wood flooring throughout. Large living and dining room with buil-tins, great for entertaining. Inviting wood burning fireplace and french doors to the expansive deck. Updated kitchen that leads to the main level family room overlooking the generous backyard. Four good sized bedrooms, updated tiled bathroom, lower level offers nice potential for expansion. Large two car garage with extra off street parking in the back. Convenient location, steps to restaurants, bus line, shopping, and recreation.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,831
Year Built
- Built in 1925
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 46x158
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
- Many Trees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Wood Siding
Interior Spaces
- 1,644 Sq Ft Home
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Washer
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Deck
Utilities
- No Cooling
- Radiator
- Vented Exhaust Fan
- Boiler Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
- B S Wrights Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1102924230061
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,831 | $327,000 | $92,000 | $235,000 |
| 2023 | $4,621 | $354,000 | $92,000 | $262,000 |
| 2022 | $4,061 | $350,000 | $91,000 | $259,000 |
| 2021 | $3,518 | $293,000 | $38,000 | $255,000 |
| 2020 | $3,624 | $263,000 | $39,400 | $223,600 |
| 2019 | $2,795 | $250,000 | $39,400 | $210,600 |
| 2018 | $2,450 | $203,500 | $34,200 | $169,300 |
| 2017 | $2,382 | $173,500 | $31,100 | $142,400 |
| 2016 | $2,077 | $151,000 | $31,100 | $119,900 |
| 2015 | $2,002 | $141,000 | $31,100 | $109,900 |
| 2014 | -- | $133,500 | $31,100 | $102,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | For Sale | $284,900 | -- | $173 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485 | Stewart Title Guaranty Company | |
| Warranty Deed | $277,500 | Burnet Title | |
| Joint Tenancy Deed | -- | Navy Federal Title Services | |
| Warranty Deed | $123,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $252,000 | New Conventional | |
| Previous Owner | $11,500 | New Conventional |
Source: NorthstarMLS
MLS Number: 6808266
APN: 11-029-24-23-0061
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