NOT LISTED FOR SALE

2621 N 3rd St Minneapolis, MN 55411

Hawthorne Neighborhood

Estimated Value: $201,000 - $225,000

4 Beds
2 Baths
1,482 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $210,000 $142 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,288/month

About This Home

As of September 2024

This property is a fantastic opportunity for both investors and homeowners looking to offset their mortgage with rental income.

The duplex features two units, each offering 2 bedrooms and 1 bathroom. Both units are well-maintained and filled with natural light. Each unit has its own entrance, ensuring privacy for residents. The property also includes potential garage parking, a rare find in the area.

Located just minutes from downtown Minneapolis, this duplex offers easy access to major highways, public transportation, and a variety of shops, restaurants, and parks.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Sep 12, 2024
Sold by
Drieling Jaymes
Bought by
Lillis Matthew
Seller's Agent
Daniel Anshus
Financially Free, LLC
Buyer's Agent
David Bialke
Keller Williams Realty Integrity Lakes
List Price
$212,000
Sold Price
$210,000
Premium/Discount to List
-$2,000
-0.94%
Views
5
Current Estimated Value
$214,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,936
Avg. Annual Appreciation
2.17%
Original Mortgage
$199,500
Outstanding Balance
$197,366
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$17,570

Purchase Details

Closed on
Aug 24, 2018
Sold by
Mc Development Llc
Bought by
Drieling Jaymes H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2006
Sold by
Panning Leonard H
Bought by
Mc Development Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Lillis Matthew $210,000 --
Drieling Jaymes H $108,000 Results Title
Mc Development Llc $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lillis Matthew $199,500
Previous Owner Drieling Jaymes H $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2024 09/12/24 Sold $210,000 -0.9% $142 / Sq Ft View Prior Sale
08/26/2024 08/26/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $212,000 -- $143 / Sq Ft

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 $1,787 $150,000 $14,000 $136,000
2023 $2,224 $139,000 $14,000 $125,000
2022 $2,226 $138,000 $12,000 $126,000
2021 $1,781 $131,000 $9,000 $122,000
2020 $1,857 $109,000 $10,800 $98,200
2019 $1,846 $105,000 $7,200 $97,800
2018 $1,174 $76,000 $7,200 $68,800
2017 $1,199 $64,000 $6,500 $57,500
2016 $1,306 $67,500 $6,500 $61,000
2015 $1,177 $58,000 $6,500 $51,500
2014 -- $55,000 $8,000 $47,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Anshus

    Seller's Agent in 2024

    Daniel Anshus

    Financially Free, LLC

    (320) 292-6986

    2 in this area

    87 Total Sales

    Daniel Anshus
    Section Image
  • David Bialke

    Buyer's Agent in 2024

    David Bialke

    Keller Williams Realty Integrity Lakes

    (612) 791-3620

    1 in this area

    437 Total Sales

    David Bialke
    Section Image
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Map

Minnesota Hennepin County Minneapolis 55411 Hawthorne

2621 N 3rd St, Minneapolis, MN

This home is located at 2621 N 3rd St, Minneapolis, MN 55411 and is currently estimated at $214,936, approximately $145 per square foot. 2621 N 3rd St is a home located in Hennepin County with nearby schools including Nellie Stone Johnson Elementary School, Anwatin Middle School, and North Community 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.

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