NOT LISTED FOR SALE

2531 4th St NE Minneapolis, MN 55418

Holland Neighborhood

Estimated Value: $378,653 - $417,000

3 Beds
2 Baths
2,198 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $124,900 $57 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,783/month

4 Days on Market

About This Home

As of December 2012

Truly a "Must See" Duplex - higher end renovation with wood floors, S/S appliances, new EVERYTHING including plumbing, electrical, heating, etc.

Last Agent to Sell the Property

Christopher Lowen

Lakes Area Realty Listed on: 04/27/2012

Last Buyer's Agent

Jim Dropps

Northeast Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 123.43
  • Few Trees

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,198 Sq Ft Home
  • Partial Basement
  • Range

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, water/sewer
  • The owner pays for lawn, maint/repair, snow
  • Assessor Parcel Number 31102924240041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,934

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 1841
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 31102924240041
  • Projected Closed Date: 12/28/2012
  • Taxes With Assessments: 3775
  • Estimated Number of Acres: 0.08
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2198
  • Total Fin Square Footage: 2198

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Light
  • Estimated Lot Dimensions: 30 X 123.43

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow
  • Tenant Expense: Electric, Fuel, Water/Sewer

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 1934

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Bjerke Maxwell Jacob
Bought by
Searcy Leonard Thomas
Current Estimated Value
$399,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$321,020
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$78,723

Purchase Details

Closed on
Jul 19, 2019
Sold by
Bresnahan Jason and Bresnahan Amy
Bought by
Bjerke Maxwell Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,550
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2012
Closed on
Dec 27, 2012
Sold by
Simmons & Crompton Incorporated
Bought by
Bresnahan Jason
Seller's Agent
Christopher Lowen
Lakes Area Realty
Buyer's Agent
Jim Dropps
Northeast Real Estate Group
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$87,430
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2012
Sold by
Simmons Chadwick T
Bought by
Simmons And Crompton Incorporated

Purchase Details

Closed on
Dec 30, 2009
Sold by
U S Bank National Association
Bought by
Simmons Chadwick and Wistcuk Kenny

Purchase Details

Closed on
Apr 25, 2007
Sold by
Gangestad Howard N and Gangestad Silvana M
Bought by
Blake Zedrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,910
Interest Rate
9.52%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Searcy Leonard Thomas $360,000 Edgewater Title Group Llc
Bjerke Maxwell Jacob $309,000 Results Title
Bresnahan Jason $124,900 At Home Title
Simmons And Crompton Incorporated -- None Available
Simmons Chadwick $10,000 --
Blake Zedrick $229,900 --
Searcy Leonard Leonard $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Searcy Leonard Thomas $353,479
Previous Owner Bjerke Maxwell Jacob $293,550
Previous Owner Bresnahan Jason $87,430
Closed Searcy Leonard Leonard $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $124,900 0.0% $57 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $124,900 -- $57 / 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 $7,969 $332,000 $99,000 $233,000
2023 $7,106 $355,000 $95,000 $260,000
2022 $4,150 $336,000 $86,000 $250,000
2021 $4,007 $308,000 $53,000 $255,000
2020 $3,609 $308,000 $18,300 $289,700
2019 $4,012 $261,000 $12,200 $248,800
2018 $3,650 $221,000 $12,200 $208,800
2017 $3,243 $173,000 $11,100 $161,900
2016 $3,075 $159,000 $11,100 $147,900
2015 $2,688 $132,500 $11,100 $121,400
2014 -- $115,000 $11,100 $103,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Christopher Lowen

    Lakes Area Realty

  • J

    Buyer's Agent in 2012

    Jim Dropps

    Northeast Real Estate Group

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3593429

REALTOR® Association of Southern Minnesota

APN: 11-029-24-24-0041

Minnesota Hennepin County Minneapolis 55418 Holland

2531 4th St NE, Minneapolis, MN

This home is located at 2531 4th St NE, Minneapolis, MN 55418 since 27 April 2012 and is currently estimated at $399,663, approximately $181 per square foot. This property was built in 1900. 2531 4th St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

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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