NOT LISTED FOR SALE

2530 12th Ave S Minneapolis, MN 55404

Phillips Neighborhood

Estimated Value: $301,000 - $327,000

6 Beds
2 Baths
968 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $128,000 $132 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,026/month

34 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • 4-minute walk to Stewart Park
  • Wood Flooring
  • Community Deck or Porch

About This Home

As of August 2012

Seller has refinished almost all important long standing bones of property. 3-3 fully rented with good tenants to make it work well for investor or buyer. New roof, windows & furnace all put in 2010. Also wood floors in living rooms & thru-out.

Last Agent to Sell the Property

Kathy Duitman

Edina Realty, Inc. Listed on: 06/09/2012

Last Buyer's Agent

Rashid Mohamoud

Global Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 45 x 127.4
  • Few Trees

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 968 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water/sewer
  • Assessor Parcel Number 3502924240082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,320

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: 3502924240082
  • Projected Closed Date: 08/15/2012
  • Taxes With Assessments: 2320
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 968
  • Total Fin Square Footage: 968

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Shared

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 45 X 127.4

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 5600

Tax Info

  • Year: 2012
  • Tax Value: 2320

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2012
Closed on
Aug 29, 2012
Sold by
Medina Julio and Medina Rosa
Bought by
Bayer Faiza M
Seller's Agent
Kathy Duitman
Edina Realty, Inc.
Buyer's Agent
Rashid Mohamoud
Global Real Estate, LLC
List Price
$128,900
Sold Price
$128,000
Premium/Discount to List
-$900
-0.7%
Current Estimated Value
$314,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,220
Avg. Annual Appreciation
7.15%
Original Mortgage
$125,681
Outstanding Balance
$85,957
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$228,263

Purchase Details

Closed on
Apr 5, 2011
Sold by
Alvarado Abel M and Espinoza Norma
Bought by
Medina Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 2010
Sold by
Inter Savings Bank
Bought by
Alvarado Abel M

Purchase Details

Closed on
Mar 22, 2006
Sold by
Mendoza Javier T and Mendoza Maria E
Bought by
Cabral Maribel and Rodarte Hector

Purchase Details

Closed on
Dec 27, 2001
Sold by
Hatfield Nancy B
Bought by
Mendoza Javier T and Mendoza Maria E
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
Bayer Faiza M $128,000 Edina Realty Title Inc
Medina Julio $115,000 Edina Realty Title Inc
Medina Julio $115,000 None Available
Alvarado Abel M $52,000 --
Cabral Maribel $245,000 --
Mendoza Javier T $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayer Faiza M $125,681
Previous Owner Medina Julio $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $128,000 -0.7% $132 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
06/09/2012 06/09/12 For Sale $128,900 -- $133 / 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
2023 $3,767 $298,000 $49,000 $249,000
2022 $3,220 $260,000 $39,000 $221,000
2021 $3,112 $246,000 $26,000 $220,000
2020 $2,787 $246,000 $25,400 $220,600
2019 $2,359 $208,500 $16,900 $191,600
2018 $1,914 $176,500 $16,900 $159,600
2017 $1,901 $144,500 $15,400 $129,100
2016 $1,966 $144,500 $15,400 $129,100
2015 $1,723 $125,500 $15,400 $110,100
2014 -- $114,000 $15,400 $98,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kathy Duitman

    Edina Realty, Inc.

  • R

    Buyer's Agent in 2012

    Rashid Mohamoud

    Global Real Estate, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4276032

REALTOR® Association of Southern Minnesota

APN: 35-029-24-24-0082

Minnesota Hennepin County Minneapolis 55404 Phillips

2530 12th Ave S, Minneapolis, MN

This home is located at 2530 12th Ave S, Minneapolis, MN 55404 since 09 June 2012 and is currently estimated at $314,220, approximately $324 per square foot. This property was built in 1900. 2530 12th Ave S is a home located in Hennepin County with nearby schools including Andersen United Middle School, South Senior High School, and Lirio Montessori.

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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