NOT LISTED FOR SALE

2624 W River Pkwy Minneapolis, MN 55406

Cooper Neighborhood

Estimated Value: $491,000 - $713,927

5 Beds
4 Baths
3,227 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $380,000 $118 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,513/month

134 Days on Market

Highlights

  • River Front
  • 2 Car Detached Garage
  • Woodwork
  • Wood Flooring
  • Cul-De-Sac
  • Landscaped with Trees

About This Home

As of March 2014

Picture window overlooks beautiful River Pkwy. Let tenants lower you payment! Side by side duplex + upper mother-in-law, office, or studio etc. Room to grow. 1 unit freshly all remodeled with all new kitchen & stainless appls! 2 car gar. See VIRTUAL TOUR!

Last Agent to Sell the Property

Jim Hughes

Greenwell Realty Listed on: 09/27/2013

Last Buyer's Agent

Stephen Townley

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,987

Year Built

  • Built in 1949

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x129
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 3,227 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Range

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn, snow

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,987

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: Homestead
  • Construction: Previously Owned
  • Projected Closed Date: 03/03/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Parkway
  • Taxes With Assessments: 5987
  • Estimated Number of Acres: 0.21
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2827
  • Total Fin Square Footage: 3227
  • Below Grade Finished Sq Ft: 400

Exterior Features

  • Frontage Road: Curb/Gutters, City, Dead End/No Outlet, Paved, Sidewalk
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: River
  • Exterior Amenities: Driveway - Asphalt, Fenced Yard - Partial

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Cul De Sac, Tree Coverage - Medium
  • Estimated Lot Dimensions: 70x129

Rental Info

  • Owner Expense: Lawn, Snow
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1949

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 5987

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Mar 7, 2014
Sold by
Anderson Loren F and Anderson Doris
Bought by
Desmond Allen R and Demond May Cheri
Seller's Agent
Jim Hughes
Greenwell Realty
Buyer's Agent
Stephen Townley
RE/MAX Results
List Price
$420,000
Sold Price
$380,000
Premium/Discount to List
-$40,000
-9.52%
Current Estimated Value
$677,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,847
Avg. Annual Appreciation
5.13%
Original Mortgage
$285,000
Interest Rate
4.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Desmond Allen R $380,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desmond Allen R $472,500
Closed Desmond Allen R $287,000
Closed Desmond Allen R $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $380,000 -9.5% $118 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $420,000 -- $130 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $9,627 $667,000 $277,000 $390,000
2022 $7,966 $587,000 $258,000 $329,000
2021 $7,717 $534,000 $258,000 $276,000
2020 $7,848 $534,000 $195,900 $338,100
2019 $7,383 $534,000 $130,600 $403,400
2018 $6,693 $494,500 $130,600 $363,900
2017 $6,225 $405,000 $118,700 $286,300
2016 $6,430 $405,000 $118,700 $286,300
2015 $6,472 $389,500 $118,700 $270,800
2014 -- $338,500 $118,700 $219,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jim Hughes

    Greenwell Realty

  • S

    Buyer's Agent in 2014

    Stephen Townley

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4539840

REALTOR® Association of Southern Minnesota

APN: 31-029-23-42-0081

Minnesota Hennepin County Minneapolis 55406 Cooper

2624 W River Pkwy, Minneapolis, MN

This home is located at 2624 W River Pkwy, Minneapolis, MN 55406 since 27 September 2013 and is currently estimated at $637,982, approximately $197 per square foot. This property was built in 1949. 2624 W River Pkwy is a home located in Hennepin County with nearby schools including Andersen United Middle School, Dowling Elementary School, and South Senior 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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