NOT LISTED FOR SALE

2614 Oakland Ave Unit 1/2 Minneapolis, MN 55407

Phillips West Neighborhood

Estimated Value: $187,000 - $229,946

3 Beds
2 Baths
1,320 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $237,000 $180 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,572/month

37 Days on Market

Highlights

  • 31,363 Sq Ft lot
  • Walk-In Closet
  • Entrance Foyer
  • Porch
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Discover this immaculately updated, exceptional corner-unit townhome, fully prepared for immediate occupancy. This home boasts a plethora of brand-new features including central air, sleek flooring, modern cabinetry, elegant granite countertops, and state-of-the-art appliances, offering the feel of a newly constructed residence. Conveniently located within walking distance to Abbott Northwestern, this multi-level abode presents a fluid main floor layout, with two cozy bedrooms and a full bathroom upstairs, plus an additional bedroom and a 3⁄4 bathroom or home office on the lower floor. The homeowners' association takes care of lawn maintenance and snow removal, ensuring a low-maintenance living experience. Additionally, with a reserved parking space directly behind your private front porch, seasonal weather becomes a minor concern.

Last Agent to Sell the Property

Joseph McCullough

Lakes Area Realty Listed on: 04/05/2024

Last Buyer's Agent

Milkias Mekonnen

RE/MAX Preferred

RE/MAX Preferred

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,806

Year Built

  • Built in 1985

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 118x290

HOA Fees

  • $315 Monthly HOA Fees

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Storage
  • Basement Window Egress

Parking

  • Off-Site Parking
  • Assigned Parking

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, lawn care, ground maintenance, parking, professional mgmt, trash, snow removal
  • Sharper Management Association, Phone Number (952) 224-4777
  • Condo 0554 Prairie Oaks A Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3502924320415

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,806

Year Built

Built in 1985

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Quad/4 Corners
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Fee Frequency: Monthly
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 903
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Egress Window(s), Finished, Storage Space
  • Living Area: 1320
  • Fireplace: No
  • Below Grade Finished Sq Ft: 417
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Foyer, Porch, Bedroom 1, Bedroom 2, Primary Bathroom, Bedroom 3, Walk In Closet, Laundry, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Phillips West

Garage/Parking

  • Parking Features: Assigned, Off Site, Parking Lot
  • Carport Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Snow Removal
  • Phone: 952-224-4777
  • Association Fee: 315
  • Association: Yes

Association/Amenities

  • HOA Management Co: Sharper Management

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 118x290
  • Lot Size Sq Ft: 31363.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3502924320415
  • Tax Annual Amount: 1806
  • TaxWithAssessments: 1888.1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 21, 2024
Sold by
Barker Lisa
Bought by
Assefa Nahom
Seller's Agent
Joseph McCullough
Lakes Area Realty
Buyer's Agent
Milkias Mekonnen
RE/MAX Preferred
List Price
$239,900
Sold Price
$237,000
Premium/Discount to List
-$2,900
-1.21%
Views
217
Current Estimated Value
$208,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,763
Avg. Annual Appreciation
-5.88%
Original Mortgage
$229,890
Outstanding Balance
$227,396
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$7,685

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 10, 2024
Sold by
Barker Lisa Karen
Bought by
Assefa Nahom
Seller's Agent
Joseph McCullough
Lakes Area Realty
Buyer's Agent
Milkias Mekonnen
RE/MAX Preferred
List Price
$239,900
Sold Price
$237,000
Premium/Discount to List
-$2,900
-1.21%
Views
217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,890
Outstanding Balance
$227,396
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$7,685

Purchase Details

Closed on
Jul 27, 2023
Sold by
Smalkoski Daren S
Bought by
Barker Lisa Karen

Purchase Details

Closed on
Dec 1, 1999
Sold by
Hatten Chad E
Bought by
Geraro Hussein

Purchase Details

Closed on
Jul 23, 1998
Sold by
Mgic
Bought by
Hatten Chad E
Source: Public Records

Range of Values:

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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
Assefa Nahom $237,000 --
Assefa Nahom $237,000 Executive Title
Barker Lisa Karen -- None Listed On Document
Geraro Hussein $41,000 --
Hatten Chad E $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assefa Nahom $229,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $237,000 -1.2% $180 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $239,900 -- $182 / Sq Ft
Source: NorthstarMLS

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
2023 $1,888 $159,000 $7,000 $152,000
2022 $1,358 $138,000 $5,000 $133,000
2021 $845 $116,000 $18,100 $97,900
2020 $738 $89,000 $18,100 $70,900
2019 $714 $77,500 $18,100 $59,400
2018 $661 $73,000 $18,100 $54,900
2017 $648 $64,500 $18,100 $46,400
2016 $704 $62,000 $18,100 $43,900
2015 $630 $57,500 $18,100 $39,400
2014 -- $54,500 $18,100 $36,400
Source: Public Records

Agents Affiliated with this Home

  • Joseph McCullough

    Seller's Agent in 2024

    Joseph McCullough

    Lakes Area Realty

    (651) 303-8521

    1 in this area

    78 Total Sales

    Joseph McCullough
    Section Image

  • M

    Buyer's Agent in 2024

    Milkias Mekonnen

    RE/MAX

    (612) 636-9553

    1 in this area

    6 Total Sales

    Milkias Mekonnen
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6510094

NorthstarMLS

APN: 35-029-24-32-0415

Minnesota Hennepin County Minneapolis 55407 Phillips West

2614 Oakland Ave Unit 1/2, Minneapolis, MN

This home is located at 2614 Oakland Ave Unit 1/2, Minneapolis, MN 55407 since 05 April 2024 and is currently estimated at $208,237, approximately $157 per square foot. This property was built in 1985. 2614 Oakland Ave Unit 1/2 is a home located in Hennepin County with nearby schools including Andersen United Middle School, Whittier International, and South Senior High School.

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