NOT LISTED FOR SALE

2542 University Ave NE Minneapolis, MN 55418

Marshall Terrace Neighborhood

Estimated Value: $380,025 - $443,000

4 Beds
2 Baths
1,960 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $131,500 $67 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,628/month

15 Days on Market

About This Home

As of February 2014

Earn rental income - duplex with 2br's up and 3br's on the main.

Last Agent to Sell the Property

Jeffrey Detloff

Property Advisors Realty LLC Listed on: 01/15/2014

Last Buyer's Agent

James Irving

Grand Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 46x157

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stucco Exterior

Interior Spaces

  • 1,960 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 407
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 03/25/2014
  • Taxes With Assessments: 3944
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1960
  • Total Fin Square Footage: 1960

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Number Garage Spaces: 2

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 46x157

Building Info

  • Year Built: 1923

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 3537

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Four Corners Properties Of Minnesota Llc
Bought by
Philpot Samuel
Current Estimated Value
$420,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,757
Outstanding Balance
$297,391
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$122,865

Purchase Details

Closed on
Dec 7, 2015
Sold by
Living Properties Llc
Bought by
Four Corners Properties Of Minnesota Llc

Purchase Details

Listed on
Jan 15, 2014
Closed on
Feb 14, 2014
Sold by
Wilmington Trust National Association
Bought by
Living Properties Llc
Seller's Agent
Jeffrey Detloff
Property Advisors Realty LLC
Buyer's Agent
James Irving
Grand Realty, LLC
List Price
$132,500
Sold Price
$131,500
Premium/Discount to List
-$1,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Dec 7, 2012
Sold by
Shamsid-Deen Lafonda
Bought by
Citibank Na

Purchase Details

Closed on
May 11, 2006
Sold by
White Jack
Bought by
Shamsid Deen Lafonda

Purchase Details

Closed on
Nov 3, 2003
Sold by
Robles Thomas H
Bought by
White Jack

Purchase Details

Closed on
Aug 13, 1999
Sold by
Villella Paul Francesco
Bought by
Robles Tomas H and Robles Carmen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Philpot Samuel $350,000 Gibraltar Title Agency Llc
Four Corners Properties Of Minnesota Llc -- Attorney
Living Properties Llc $131,500 West Title Llc
Citibank Na $407,819 --
Citibank Na $407,818 None Available
Shamsid Deen Lafonda $350,000 --
White Jack $274,000 --
Robles Tomas H $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philpot Samuel $334,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $131,500 -0.8% $67 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $132,500 -- $68 / 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 $4,794 $337,000 $92,000 $245,000
2023 $4,698 $364,000 $92,000 $272,000
2022 $5,250 $368,000 $91,000 $277,000
2021 $4,945 $373,000 $38,000 $335,000
2020 $5,663 $373,000 $56,000 $317,000
2019 $5,127 $311,000 $37,300 $273,700
2018 $4,666 $282,500 $33,700 $248,800
2017 $4,152 $221,500 $30,600 $190,900
2016 $4,283 $221,500 $30,600 $190,900
2015 $3,897 $185,000 $30,600 $154,400
2014 -- $161,000 $30,600 $130,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeffrey Detloff

    Property Advisors Realty LLC

  • J

    Buyer's Agent in 2014

    James Irving

    Grand Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4570373

REALTOR® Association of Southern Minnesota

APN: 11-029-24-23-0055

Minnesota Hennepin County Minneapolis 55418 Marshall Terrace

2542 University Ave NE, Minneapolis, MN

This home is located at 2542 University Ave NE, Minneapolis, MN 55418 since 15 January 2014 and is currently estimated at $420,256, approximately $214 per square foot. This property was built in 1923. 2542 University Ave 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.

Nearby Homes