NOT LISTED FOR SALE

2525 31st Ave S Minneapolis, MN 55406

Seward Neighborhood

Estimated Value: $310,000 - $338,414

3 Beds
1.5 Baths
1,032 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $318,500 $309 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,032/month

7 Days on Market

Highlights

  • Deck
  • The kitchen features windows
  • Living Room
  • No HOA
  • Porch
  • 1-Story Property

About This Home

As of May 2023

Multiple Offers received Highest and Best Offers due by 4-20-23 at 5:00 pm. This home has some major curb appeal! The current owners have done some great updates to this property including a large maintenance free deck on the back of the home. The main level features a covered front porch, a Living Room, Dining Room, Kitchen, Sun Room, 2 Bedrooms and a Full Bath that has new tile floor, surround and a glass block window. The lower level has a Family Room, Bedroom, 1/2 Bath, Laundry Room and Utility Room. New Sidewalks were put in leading to the front of the house as well as the walk leading out to the garage. New Carpet was just installed in the Family Room and lower level Bedroom. There are oak hardwood floors to much of the Main Level. The garage has a workshop area and there is a gravel parking area by the garage that will allow for 3 vehicles.

Last Agent to Sell the Property

Neal Topliff

Draz Real Estate Inc. Listed on: 04/13/2023

Co-Listed By

John Rohan

Keller Williams Preferred Realty

Last Buyer's Agent

Jordan Hubred

Anderson Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,428

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Utility Room
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • Rgt Falls City Addn Blks E F G H T &U Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3102923230069

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,428

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 897
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 30 x 26
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Full, Partially Finished
  • Living Area: 1032
  • Fireplace: No
  • Below Grade Finished Sq Ft: 135
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room, Family Room, Laundry, Utility Room, Deck, Porch

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Chain Link, Partial
  • Neighborhood: Seward
  • PatioPorchType: Composite Decking,Covered,Deck

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 360

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Porch,Sun Room,Tile Floors

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Topography: Level
  • PropertyAttachedYN: No
  • Lot Size: 40 x 150
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3102923230069
  • Tax Annual Amount: 3428
  • TaxWithAssessments: 3428.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 26, 2023
Sold by
Bradley Matthew A and Bradley Melissa M
Bought by
Lagerquist Benjamin A
Seller's Agent
Neal Topliff
Draz Real Estate Inc.
Buyer's Agent
Jordan Hubred
Anderson Realty
List Price
$300,000
Sold Price
$318,500
Premium/Discount to List
$18,500
6.17%
Views
65
Current Estimated Value
$316,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,078
Avg. Annual Appreciation
-0.92%
Original Mortgage
$254,800
Outstanding Balance
$249,323
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$62,728

Purchase Details

Closed on
Feb 17, 2017
Sold by
Kick David K and Kick Monai C
Bought by
Bradley Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,335
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2015
Sold by
Black Ian M
Bought by
Kick Avid K and Kick Monica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
Cullen David M
Bought by
Black Ian M

Purchase Details

Closed on
Feb 25, 2000
Sold by
Grant Hendrie C
Bought by
Cullen David M

Purchase Details

Closed on
Dec 29, 1999
Sold by
Estate Of Paul H Ratliff
Bought by
Grant Hendrie C
Source: Public Records

Range of Values:

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Average Value
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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
Lagerquist Benjamin A $318,500 Knight Barry Title
Bradley Matthew A $205,500 Edina Realty Title Inc
Kick Avid K $182,500 Viking Title Llc
Black Ian M $180,000 --
Cullen David M $77,500 --
Grant Hendrie C $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagerquist Benjamin A $254,800
Previous Owner Bradley Matthew A $191,500
Previous Owner Bradley Matthew A $199,335
Previous Owner Kick Avid K $146,000
Previous Owner Black Ian M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $318,500 +6.2% $309 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $300,000 -- $291 / Sq Ft
Source: NorthstarMLS

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
2023 $3,583 $285,000 $142,000 $143,000
2022 $3,131 $272,000 $142,000 $130,000
2021 $2,859 $240,000 $91,000 $149,000
2020 $2,959 $228,500 $69,200 $159,300
2019 $2,883 $219,500 $55,400 $164,100
2018 $2,353 $209,000 $55,400 $153,600
2017 $2,258 $166,000 $50,400 $115,600
2016 $2,180 $157,000 $50,400 $106,600
2015 $2,883 $157,000 $50,400 $106,600
2014 -- $148,500 $50,400 $98,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Neal Topliff

    Draz Real Estate Inc.

    (651) 380-4636

    1 in this area

    25 Total Sales

    Section Image
  • John Rohan

    Seller Co-Listing Agent in 2023

    John Rohan

    RedWingHomesForSale.com

    (651) 388-1995

    1 in this area

    341 Total Sales

    Section Image
  • Jordan Hubred

    Buyer's Agent in 2023

    Jordan Hubred

    Anderson Realty

    (651) 280-0765

    1 in this area

    113 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6352620

NorthstarMLS

APN: 31-029-23-23-0069

Minnesota Hennepin County Minneapolis 55406 Seward

2525 31st Ave S, Minneapolis, MN

This home is located at 2525 31st Ave S, Minneapolis, MN 55406 since 13 April 2023 and is currently estimated at $325,104, approximately $315 per square foot. This property was built in 1925. 2525 31st Ave S is a home located in Hennepin County with nearby schools including Andersen United Middle School, Dowling Elementary School, and South Senior High School.

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