NOT LISTED FOR SALE

2550 3rd St NE Minneapolis, MN 55418

Marshall Terrace Neighborhood

Estimated Value: $248,000 - $354,000

3 Beds
2 Baths
1,295 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $120,000 $93 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,039/month

165 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch
  • Corner Lot
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of May 2013

Updated kitchen & baths, newer windows & furnace. Large fenced lot. Easy access to downtown & NE shopping. Steps to arts district.

Last Agent to Sell the Property

Cindy Carlson

Edina Realty, Inc. Listed on: 11/16/2012

Last Buyer's Agent

Bruce McAlpin

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,947

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 46x157
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,295 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1102924230084

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,947

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Porch
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 868
  • Parcel Number: 1102924230084
  • Projected Closed Date: 05/30/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x12, On Level: Main
  • Room 2: Dining Room, 11x09, On Level: Main
  • Room 4: Kitchen, 14x08, On Level: Main
  • Room 5: Bedroom, 13x10, On Level: Main
  • Room 6: Bedroom, 15x10, On Level: Upper
  • Room 7: 11x08, On Level: Upper
  • Room 9: Den/Office, 15x08, On Level: Upper
  • Room 10: Porch, 21x05, On Level: Main
  • Finished Above Grade Sq Ft: 1295
  • Total Fin Square Footage: 1295

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 46x157
  • Lot/Land Description: Corner Lot

Building Info

  • Year Built: 1916

Tax Info

  • Year: 2012
  • Tax Value: 1947

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
Ih2 Property Illinois Lp
Current Estimated Value
$313,057

Purchase Details

Closed on
Jan 29, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015-1 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 3, 2013
Sold by
Milner Gennady
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Cindy Carlson
Edina Realty, Inc.
Buyer's Agent
Bruce McAlpin
Edina Realty, Inc.
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Oct 22, 2008
Sold by
Bank Of New York Mellon
Bought by
Milner Gennad Y and Milner Svehgana

Purchase Details

Closed on
Sep 7, 2004
Sold by
Byers Dalton D
Bought by
Hill Whitney L
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
Ih2 Property Illinois Lp -- Os National Llc
2015-1 Ih2 Borrower Lp -- Fidelity
2015-1 Ih2 Borrower Lp -- None Available
Ih2 Property Illinois Lp $120,000 None Available
Milner Gennad Y $77,000 --
Hill Whitney L $180,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2015-1 Ih2 Borrower Lp $540,854,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $120,000 -19.9% $93 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
11/16/2012 11/16/12 For Sale $149,900 -- $116 / 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 $4,551 $306,000 $116,000 $190,000
2023 $4,229 $324,000 $116,000 $208,000
2022 $3,714 $322,000 $116,000 $206,000
2021 $3,217 $268,000 $55,000 $213,000
2020 $3,384 $240,500 $59,300 $181,200
2019 $3,225 $233,500 $39,500 $194,000
2018 $2,869 $216,000 $39,500 $176,500
2017 $2,671 $173,500 $35,900 $137,600
2016 $2,401 $151,000 $35,900 $115,100
2015 $2,388 $143,000 $35,900 $107,100
2014 -- $133,000 $35,900 $97,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Cindy Carlson

    Edina Realty, Inc.

  • B

    Buyer's Agent in 2013

    Bruce McAlpin

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4418336

REALTOR® Association of Southern Minnesota

APN: 11-029-24-23-0084

Minnesota Hennepin County Minneapolis 55418 Marshall Terrace

2550 3rd St NE, Minneapolis, MN

This home is located at 2550 3rd St NE, Minneapolis, MN 55418 since 16 November 2012 and is currently estimated at $313,057, approximately $241 per square foot. This property was built in 1916. 2550 3rd 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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