2561 Burnham Rd Minneapolis, MN 55416
Cedar-Isles-Dean NeighborhoodEstimated Value: $1,050,000 - $1,199,000
9
Beds
7
Baths
4,776
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Property fronts a channel
- 4 Car Attached Garage
- Forced Air Heating System
- Deck
- Property is near a preserve or public land
- 4-minute walk to Cedar Lake South Beach
About This Home
As of January 2024Architecturally creative and well-celebrated Minneapolis Lakes duplex property that seamlessly blends into the natural woodland and beautiful Kenilworth Channel surroundings – offering breathtaking water and nature vistas, unwavering tranquility and the ultimate Zen-like backdrop. This welcoming Scandinavian village-like compound graciously unfolds alongside the picturesque channel and masterfully embraces its serene native surroundings – perfectly tucked in-between Lake of the Isles and Cedar Lake. Broad overhangs, unique angles, subdued natural materials, intimate interiors, awe-inspiring outdoor living spaces and walls of windows that visually blend the interiors and outdoors. One of the most unique duplex properties in the Twin Cities combined with one of the most breathtaking settings and prized locations – the quintessential urban sanctuary. Canoe, kayak, exceptional walkability and much more. An extremely rare opportunity with many possibilities.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-920-5605 Listed on: 07/31/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,388
Year Built
- Built in 1975
Lot Details
- Lot Dimensions are 69.9x261x166x148
- Property fronts a channel
- Irregular Lot
Parking
- 4 Car Attached Garage
- Tuck Under Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Partially Finished Basement
- Partial Basement
- Natural lighting in basement
Additional Features
- Deck
- Forced Air Heating System
Community Details
- 2 Units
- Registered Land Surv 508 Tract Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection, water
- The owner pays for repairs, taxes
- Assessor Parcel Number 3202924130078
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2023
Closed on
Jan 2, 2024
Sold by
Birthing Life Living Trust Dated Novembe
Bought by
Lunden Wallace and Lunden Jeanne
Seller's Agent
Scott Acker
Coldwell Banker Realty
Buyer's Agent
Adam Sullivan
Compass
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Total Days on Market
66
Views
167
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,173
Avg. Annual Appreciation
1.07%
Purchase Details
Closed on
Nov 16, 2022
Sold by
Larsen Robert D
Bought by
Birthing Life Living Trust
Purchase Details
Closed on
Jun 3, 2005
Sold by
Bergstein Sherman
Bought by
Larsen Robert D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 1, 1996
Sold by
Bergstein Sherman and Bakke Kathleen
Bought by
Larsen Robert D
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lunden Wallace | $1,100,000 | -- | |
| Birthing Life Living Trust | $500 | -- | |
| Larsen Robert D | $500,000 | -- | |
| Larsen Robert D | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Larsen Robert D | $250,000 | |
| Previous Owner | Larsen Robert D | $500,000 | |
| Closed | Larsen Robert D | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2024 01/04/24 | Sold | $1,100,000 | -12.0% | $230 / Sq Ft |
| 10/06/2023 10/06/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $1,250,000 | -- | $262 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $13,554 | $941,000 | $605,000 | $336,000 |
| 2022 | $14,181 | $924,000 | $569,000 | $355,000 |
| 2021 | $13,565 | $927,000 | $522,000 | $405,000 |
| 2020 | $14,679 | $920,000 | $626,700 | $293,300 |
| 2019 | $17,991 | $920,000 | $590,700 | $329,300 |
| 2018 | $16,179 | $1,079,500 | $590,700 | $488,800 |
| 2017 | $14,892 | $884,000 | $537,000 | $347,000 |
| 2016 | $14,545 | $842,000 | $537,000 | $305,000 |
| 2015 | $14,441 | $802,000 | $537,000 | $265,000 |
| 2014 | -- | $729,000 | $447,500 | $281,500 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Acker
S
Seller's Agent in 2024
Scott Acker
Coldwell Banker Burnet
(612) 920-5605
1 in this area
41 Total Sales
-
Adam Sullivan
A
Buyer's Agent in 2024
Adam Sullivan
Compass
(612) 770-2119
1 in this area
100 Total Sales
-
Brittney Sullivan
Buyer Co-Listing Agent in 2024
Brittney Sullivan
Compass
(612) 840-6208
1 in this area
85 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6406820
APN: 32-029-24-13-0078
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