NOT LISTED FOR SALE

2627 17th Ave S Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $326,672 - $421,000

2 Beds
2 Baths
1,748 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 08, 2015

Last sale price $103,000 $59 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $2,396/month

35 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Community Deck or Porch
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of April 2015

Classic S Mpls up/down duplex, 2 BR 1 Bth per unit plus bonus space. Fenced yard, near bus line. Excellent rehab and rental potential. Registered Vacant Building

Last Agent to Sell the Property

Claude Worrell

RE/MAX Results Listed on: 02/25/2015

Last Buyer's Agent

Pahola Clysdale

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32.97x122.54

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Tar and Gravel Roof

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,547

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Stories: 2 Story
  • Estimated Number of Acres: 0.09
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1748
  • Total Fin Square Footage: 1748

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Roof: Asphalt Shingles, Tar/Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 32.97x122.54

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 1

Tax Info

  • Year: 2015
  • Tax Value: 2547

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Artieda Blanca and Tracones Alberto Pastrana
Bought by
Nuvo Properties Llc
Current Estimated Value
$362,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$156,726
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$205,942

Purchase Details

Listed on
Feb 25, 2015
Closed on
Apr 7, 2015
Sold by
Fannie Mae
Bought by
Artieda Blanca
Seller's Agent
Claude Worrell
RE/MAX Results
Buyer's Agent
Pahola Clysdale
Bridge Realty, LLC
List Price
$111,900
Sold Price
$103,000
Premium/Discount to List
-$8,900
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
May 30, 2014
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 20, 2014
Sold by
Dunor Jama and Dunor Losenie
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Aug 10, 2000
Sold by
Mcda
Bought by
Donar Losenie

Purchase Details

Closed on
Sep 23, 1997
Sold by
Phillips Neighborhood Housing Trust
Bought by
Minneapolis Community Development Agency
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nuvo Properties Llc $350,000 Lake Title Llc
Artieda Blanca -- Title One Inc
Federal National Mortgage Association -- None Available
Green Tree Servicing Llc $143,949 None Available
Donar Losenie $45,000 --
Minneapolis Community Development Agency $583,166 --
-- $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nuvo Properties Llc $280,000
Closed -- $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2015 04/08/15 Sold $103,000 -8.0% $59 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $111,900 -- $64 / 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
2024 $5,859 $311,000 $50,000 $261,000
2023 $4,721 $283,000 $36,000 $247,000
2022 $6,313 $263,000 $23,000 $240,000
2021 $4,118 $239,000 $21,000 $218,000
2020 $4,021 $239,000 $20,900 $218,100
2019 $3,504 $227,500 $13,900 $213,600
2018 $2,971 $193,000 $13,900 $179,100
2017 $2,765 $147,500 $12,600 $134,900
2016 $2,794 $144,500 $12,600 $131,900
2015 $10,099 $125,500 $12,600 $112,900
2014 -- $114,000 $12,600 $101,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Claude Worrell

    RE/MAX

  • P

    Buyer's Agent in 2015

    Pahola Clysdale

    Bridge Realty, LLC

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4720473

REALTOR® Association of Southern Minnesota

APN: 35-029-24-41-0170

Minnesota Hennepin County Minneapolis 55407 Phillips

2627 17th Ave S, Minneapolis, MN

Not Listed for Sale

MultiFamily

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