NOT LISTED FOR SALE

2632/2634 Quincy St NE Minneapolis, MN 55418

Holland Neighborhood

Estimated Value: $375,000 - $466,572

1 Bed
1 Bath
2,516 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $116,250 $46 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $2,857/month

70 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 2-minute walk to Train Park
  • Landscaped with Trees
  • Forced Air Heating System

About This Home

As of November 2014

Excellent investment opportunity. Needs updating and repair but should cash flow easily. Plenty of room to add additional rooms and rent potential in the basement.

Last Agent to Sell the Property

Richard Paulsen

RE/MAX Specialists Listed on: 09/15/2014

Last Buyer's Agent

Eric Ollestad

Real Estate Masters, Ltd

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 158x48
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 538.92
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 11/28/2014
  • Stories: 1 Story
  • Taxes With Assessments: 3488
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2016
  • Total Fin Square Footage: 2516
  • Below Grade Finished Sq Ft: 500

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 158x48

Building Info

  • Year Built: 1954

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 2949

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2015
Sold by
Csga Group Llc
Bought by
Barbeau Aimee C and Barbeau Vitaliy S
Current Estimated Value
$416,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$138,915
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$277,978

Purchase Details

Listed on
Sep 15, 2014
Closed on
Nov 25, 2014
Seller's Agent
Richard Paulsen
RE/MAX Specialists
Buyer's Agent
Eric Ollestad
Real Estate Masters, Ltd
List Price
$144,900
Sold Price
$116,250
Premium/Discount to List
-$28,650
-19.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
Original Mortgage
$60,000
Interest Rate
3.99%

Purchase Details

Closed on
Apr 4, 2014
Sold by
Us Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 17, 2014
Sold by
Pajari Joseph H
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 15, 2004
Sold by
Mastro Jean M
Bought by
Pajari Joseph H
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
Barbeau Aimee C $240,000 Burnet Title
-- $116,300 --
Federal Home Loan Mortgage Corporation -- None Available
Us Bank National Association $199,061 None Available
Pajari Joseph H $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbeau Aimee C $180,000
Previous Owner -- $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $116,250 -19.8% $46 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $144,900 -- $58 / 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 $7,765 $407,000 $136,000 $271,000
2023 $7,248 $431,000 $130,000 $301,000
2022 $6,884 $438,000 $108,000 $330,000
2021 $5,873 $383,000 $71,000 $312,000
2020 $5,833 $359,500 $56,300 $303,200
2019 $5,073 $330,000 $37,500 $292,500
2018 $4,621 $279,500 $37,500 $242,000
2017 $4,105 $219,000 $34,100 $184,900
2016 $3,287 $170,000 $34,100 $135,900
2015 $3,614 $144,500 $34,100 $110,400
2014 -- $135,000 $34,100 $100,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Paulsen

    RE/MAX

  • E

    Buyer's Agent in 2014

    Eric Ollestad

    Real Estate Masters, Ltd

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4675383

REALTOR® Association of Southern Minnesota

APN: 11-029-24-14-0145

Minnesota Hennepin County Minneapolis 55418 Holland

2632/2634 Quincy St NE, Minneapolis, MN

This home is located at 2632/2634 Quincy St NE, Minneapolis, MN 55418 since 15 September 2014 and is currently estimated at $416,893, approximately $165 per square foot. This property was built in 1954. 2632/2634 Quincy St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison 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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