Seller's Agent in 2024
Lyndon Smith
Edina Realty, Inc.
(612) 805-9559
1 in this area
56 Total Sales
2610 17th Ave S Minneapolis, MN 55407
Phillips NeighborhoodEstimated Value: $336,000 - $401,517
6
Beds
2
Baths
2,813
Sq Ft
$131/Sq Ft
Est. Value
About This Home
As of June 2024Explore the potential of this charming property, offering a modest yet promising
opportunity for an owner investor or investor seeking to grow their portfolio. With its desirable floorplan and practical layout, this home presents a solid foundation
for generating consistent returns and long-term value. Step inside to discover a cozy yet functional living spaces, featuring ample natural light and a layout conducive to
comfortable living. Both Kitchens have been updated and each unit features a 3 bedroom
1 bathroom with the upper level offering a 3rd floor dormer space. Both units have their own laundry. Outside, the property boasts a manageable yard ideal for low-maintenance landscaping and outdoor enjoyment. The outdoor space offers potential for future enhancements or simple relaxation and the upper unit has its own private deck. Situated in a convenient location with access to essential amenities and transportation options, this property represents a sensible invest.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,191
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 3x123
- Chain Link Fence
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Baseboard Heating
- Hot Water Heating System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for cable TV, electricity, fuel, grounds care, snow removal
- The owner pays for insurance, repairs, sewer, taxes, trash collection
- Assessor Parcel Number 3502924410034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2024
Closed on
Jun 21, 2024
Sold by
Cullen Homes Inc
Bought by
Paredes Guaman Carmelina
Seller's Agent
Lyndon Smith
Edina Realty, Inc.
Buyer's Agent
Jose Molina
Northstar Real Estate Associates
List Price
$365,000
Sold Price
$376,000
Premium/Discount to List
$11,000
3.01%
Views
4
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
-$8,621
Avg. Annual Appreciation
-5.51%
Original Mortgage
$16,500
Outstanding Balance
$10,243
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$340,457
Purchase Details
Listed on
May 3, 2024
Closed on
Jun 10, 2024
Sold by
Cullen Homes Inc
Bought by
Guaman Carmelina A Paredes
Seller's Agent
Lyndon Smith
Edina Realty, Inc.
Buyer's Agent
Jose Molina
Northstar Real Estate Associates
List Price
$365,000
Sold Price
$376,000
Premium/Discount to List
$11,000
3.01%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Outstanding Balance
$10,243
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$340,457
Purchase Details
Closed on
Mar 9, 2009
Sold by
Fernandez Manuel
Bought by
Collen William James
Purchase Details
Closed on
Dec 8, 2006
Sold by
Fernandez Angel Guillermo and Sanango Narcisa
Bought by
Fernandez Manuel and Sanango Angel Maria
Purchase Details
Closed on
Aug 20, 2003
Sold by
Loja Luis and Niola Maria
Bought by
Fernandez Angel Guillermo and Sanango Narcisa
Purchase Details
Closed on
Aug 17, 2001
Sold by
Quitana Erka and Onofre Alberto
Bought by
Loja Luis and Garcia Delia
Purchase Details
Closed on
Dec 4, 1998
Sold by
Compton Gary Steven
Bought by
Sanchez Alberto O
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paredes Guaman Carmelina | $376,000 | -- | |
| Guaman Carmelina A Paredes | $376,000 | Edina Realty Title | |
| Collen William James | $60,000 | -- | |
| Fernandez Manuel | $290,000 | -- | |
| Fernandez Angel Guillermo | $270,000 | -- | |
| Loja Luis | $179,900 | -- | |
| Sanchez Alberto O | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guaman Carmelina A Paredes | $16,500 | |
| Open | Paredes Guaman Carmelina | $376,000 | |
| Closed | Guaman Carmelina A Paredes | $357,200 | |
| Previous Owner | Cullen Homes Inc | $872,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $376,000 | +3.0% | $134 / Sq Ft |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $365,000 | -- | $130 / 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 | $5,153 | $311,000 | $34,000 | $277,000 |
| 2022 | $4,878 | $311,000 | $22,000 | $289,000 |
| 2021 | $4,672 | $276,000 | $20,000 | $256,000 |
| 2020 | $4,658 | $274,000 | $9,300 | $264,700 |
| 2019 | $4,057 | $263,500 | $6,200 | $257,300 |
| 2018 | $3,611 | $223,500 | $6,200 | $217,300 |
| 2017 | $3,373 | $171,000 | $5,600 | $165,400 |
| 2016 | $3,274 | $160,500 | $5,600 | $154,900 |
| 2015 | $3,004 | $139,500 | $5,600 | $133,900 |
| 2014 | -- | $127,000 | $5,600 | $121,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lyndon Smith
-
Jose Molina
J
Buyer's Agent in 2024
Jose Molina
Northstar Real Estate Associates
(612) 222-1407
2 in this area
28 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6529394
APN: 35-029-24-41-0034
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