NOT LISTED FOR SALE

2628 15th Ave S Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $328,624 - $362,000

5 Beds
2 Baths
2,604 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $146,500 $56 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,433/month

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • Patio
  • Community Deck or Porch
  • 4-minute walk to Stewart Park

About This Home

As of June 2013

Great investment opportunity w/cash flow potential. Long term tenants. Buyers/agent to verify all measurements.

Last Agent to Sell the Property

Babatunde Shonoiki

Lakes Area Realty Listed on: 04/19/2013

Last Buyer's Agent

Scott Haubrich

RES Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 49x127

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,604 Sq Ft Home
  • Partial Basement

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,281

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 06/21/2013
  • Taxes With Assessments: 3281
  • Estimated Number of Acres: 0.15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2604
  • Total Fin Square Footage: 2604

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Patio, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 49x127

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 3281

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
K2 Properties Llc
Bought by
Pinquil Chimborazo Jose Cruz and Pinquil Guaman Maria Angelita
Total Days on Market
11
Current Estimated Value
$351,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$91,589
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$259,817

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jun 13, 2013
Sold by
Ismail Ali and Awsead Mustafa
Bought by
52 Properties Llc
Seller's Agent
Babatunde Shonoiki
Lakes Area Realty
Buyer's Agent
Scott Haubrich
RES Realty
List Price
$165,000
Sold Price
$146,500
Premium/Discount to List
-$18,500
-11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$146,500
Interest Rate
3.98%

Purchase Details

Closed on
Nov 30, 2012
Sold by
Avenue Properties Llc
Bought by
Ismail Ali and Awsead Mustafa

Purchase Details

Closed on
Sep 24, 2008
Sold by
Emc Mortgage Corp
Bought by
Dirie Osman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2007
Sold by
Carpio Wilson N
Bought by
Herrera Escobar Oscar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2002
Sold by
Lema Manuel C
Bought by
Carpio Wilson N

Purchase Details

Closed on
Aug 7, 1999
Sold by
Brautigam Wade and Brautigam Janet
Bought by
Lema Manuel

Purchase Details

Closed on
Jun 5, 1998
Sold by
Olson Timothy A and Olson Patti J
Bought by
Brautigam Wade

Purchase Details

Closed on
Nov 14, 1996
Sold by
Olson Timothy A and Olson Patti J
Bought by
Brautigam Wade

Purchase Details

Closed on
Aug 31, 1984
Sold by
Heigl Mortgage
Bought by
Olson Timothy A and Olson Patti J
Source: Public Records

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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
Pinquil Chimborazo Jose Cruz $250,000 Results Title
52 Properties Llc $142,191 All American Title Co Inc
-- $146,500 --
Ismail Ali $85,000 Land Title Inc
Dirie Osman $42,000 --
Herrera Escobar Oscar R $275,000 --
Carpio Wilson N $139,000 --
Lema Manuel $62,900 --
Brautigam Wade $28,000 --
Brautigam Wade $28,000 --
Olson Timothy A $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinquil Chimborazo Jose Cruz $135,000
Previous Owner -- $146,500
Previous Owner 52 Properties Llc $117,200
Previous Owner Dirie Osman $87,500
Previous Owner Herrera Escobar Oscar R $220,000
Previous Owner Herrera Escobar Oscar R $55,000
Closed Brautigam Wade --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $146,500 -11.2% $56 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $165,000 -- $63 / 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 $5,643 $334,000 $51,000 $283,000
2022 $4,721 $278,000 $40,000 $238,000
2021 $4,317 $259,000 $27,000 $232,000
2020 $3,597 $244,000 $30,200 $213,800
2019 $4,385 $203,500 $20,100 $183,400
2018 $2,901 $172,500 $20,100 $152,400
2017 $2,474 $132,000 $18,300 $113,700
2016 $2,320 $120,000 $18,300 $101,700
2015 $2,120 $104,500 $18,300 $86,200
2014 -- $95,000 $18,300 $76,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Babatunde Shonoiki

    Lakes Area Realty

  • S

    Buyer's Agent in 2013

    Scott Haubrich

    RES Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4464806

REALTOR® Association of Southern Minnesota

APN: 35-029-24-42-0268

Minnesota Hennepin County Minneapolis 55407 Phillips

2628 15th Ave S, Minneapolis, MN

This home is located at 2628 15th Ave S, Minneapolis, MN 55407 since 19 April 2013 and is currently estimated at $351,406, approximately $134 per square foot. This property was built in 1900. 2628 15th Ave S is a home located in Hennepin County with nearby schools including Andersen United Middle School, South Senior High School, and Lirio Montessori.

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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