2620 Polk St NE Minneapolis, MN 55418
Audubon Park NeighborhoodEstimated Value: $523,088 - $568,000
8
Beds
2
Baths
3,325
Sq Ft
$164/Sq Ft
Est. Value
About This Home
As of June 2022Multiple offers have been received. Fantastic up & down duplex in the heart of N.E. Mpls. 5-bedroom unit up and 3-bedroom unit on the main level! This thing is a turnkey cash flow machine. Hardwood floors, natural woodwork, vinyl windows throughout, solid stucco exterior & fresh paint. main level unit has central air, and the upper unit is cooled with a mini split. Potential to finish off the basement and create a 3rd unit! Schedule a showing today to see everything this property has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,819
Year Built
- Built in 1905
Lot Details
- 8,276
Parking
- 3 Car Garage
Home Design
- Duplex
Interior Spaces
- 3,325 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 46 x 177
- Boiler Heating System
Community Details
- 2 Units
- Menage's Supplement To East Si Subdivision
Listing and Financial Details
- Assessor Parcel Number 1202924230097
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jun 24, 2022
Sold by
Neighbor Investments Llc
Bought by
Le Nhat-Mi and Toonen Christopher
Seller's Agent
Bryan Cox
True Neighbor Realty
Buyer's Agent
Sarah Thorp
Anderson Realty
List Price
$549,900
Sold Price
$555,000
Premium/Discount to List
$5,100
0.93%
Total Days on Market
0
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
-$10,978
Avg. Annual Appreciation
-0.68%
Original Mortgage
$471,750
Outstanding Balance
$452,720
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$91,302
Purchase Details
Closed on
Apr 11, 2022
Sold by
Ansari Rebecca and Caldwell Willa
Bought by
True Neighbor Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,342
Interest Rate
4.16%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 2, 2022
Sold by
Ansari Rebecca M and Ansari Willa
Bought by
True Neighbor Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,342
Interest Rate
4.16%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 21, 2012
Sold by
Ansari Naseem A and Ansari Dorit
Bought by
Ansari Rebecca M
Purchase Details
Closed on
Jun 19, 2008
Sold by
Lapides Mary and Lapides Howard
Bought by
Ansari Dorit and Ansari Naseem
Purchase Details
Closed on
Sep 22, 2005
Sold by
Tohey Joseph D and Tohey Lisa K
Bought by
Lapides Howard L
Purchase Details
Closed on
Feb 26, 2004
Sold by
Robles Blanca and Robles Luis H
Bought by
Tohey Joseph D
Purchase Details
Closed on
Aug 29, 2001
Sold by
Teigen Otto
Bought by
Robles Blanca I and Robles Luis H
Similar Homes in Minneapolis, MN
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 |
|---|---|---|---|
| Le Nhat-Mi | $555,000 | Gibraltar Title | |
| True Neighbor Investments Llc | $440,000 | -- | |
| True Neighbor Investments Llc | -- | Gibraltar Title | |
| Ansari Rebecca M | -- | None Available | |
| Ansari Dorit | $185,000 | -- | |
| Lapides Howard L | $364,350 | -- | |
| Tohey Joseph D | $266,000 | -- | |
| Robles Blanca I | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Le Nhat-Mi | $471,750 | |
| Previous Owner | True Neighbor Investments Llc | $95,342 | |
| Previous Owner | True Neighbor Investments Llc | $439,000 | |
| Previous Owner | True Neighbor Investments Llc | $352,000 | |
| Previous Owner | Ansari Rebecca M | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $555,000 | +0.9% | $167 / Sq Ft |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $549,900 | -- | $165 / 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 | $6,654 | $508,000 | $129,000 | $379,000 |
| 2022 | $4,404 | $345,000 | $111,000 | $234,000 |
| 2021 | $3,819 | $325,000 | $63,000 | $262,000 |
| 2020 | $3,757 | $295,000 | $59,600 | $235,400 |
| 2019 | $3,478 | $270,500 | $39,700 | $230,800 |
| 2018 | $3,098 | $246,000 | $39,700 | $206,300 |
| 2017 | $2,756 | $196,000 | $36,100 | $159,900 |
| 2016 | $2,453 | $173,000 | $36,100 | $136,900 |
| 2015 | $2,172 | $150,500 | $36,100 | $114,400 |
| 2014 | -- | $133,500 | $38,500 | $95,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Cox
Seller's Agent in 2022
Bryan Cox
True Neighbor Realty
(612) 532-7647
4 in this area
127 Total Sales
-
Sarah Thorp
Buyer's Agent in 2022
Sarah Thorp
Anderson Realty
(612) 309-5181
2 in this area
44 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6195005
APN: 12-029-24-23-0097
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