NOT LISTED FOR SALE

2642 118th Cir NE Minneapolis, MN 55449

Estimated Value: $606,964 - $793,000

4 Beds
3.5 Baths
3,863 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 02, 2012

Last sale price $375,000 $97 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,376/month

87 Days on Market

Highlights

  • Vaulted Ceiling
  • Formal Dining Room
  • Eat-In Kitchen
  • Wood Flooring
  • 3 Car Attached Garage
  • 4-minute walk to West Lake Park

About This Home

As of August 2012

This home is a

Last Agent to Sell the Property

Lisa Hathy

Edina Realty, Inc. Listed on: 05/04/2012

Last Buyer's Agent

Stephen Seidl

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,743

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 67x150x117
  • Landscaped with Trees

HOA Fees

  • $24 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 103123330058

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,743

Year Built

Built in 2006

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.32
  • Construction: Previously Owned
  • Foundation Size: 1360
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 103123330058
  • Projected Closed Date: 08/02/2012
  • Stories: 2 Story
  • Taxes With Assessments: 4743
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 11x12, On Level: Main
  • Room 2: Dining Room, 10x15, On Level: Main
  • Room 3: Family Room, 20x16, On Level: Main
  • Room 4: Kitchen, 13x10, On Level: Main
  • Room 5: Bedroom, 17x16, On Level: Upper
  • Room 6: Bedroom, 13x10, On Level: Upper
  • Room 7: 13x10, On Level: Upper
  • Room 8: Bedroom, 13x10, On Level: Lower
  • Room 9: Den/Office, 10x10, On Level: Main
  • Room 10: Dining Room, 12x10, On Level: Main
  • Room 11: Rec Room, 30x16, On Level: Lower
  • Room 12: Rec Room, 10x10, On Level: Lower
  • Room 13: Laundry Room, 12x11, On Level: Upper
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2663
  • Below Grade Finished Sq Ft: 1200
  • Total Fin Square Footage: 3863

Exterior Features

  • Frontage Road: Paved
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 290

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Estimated Lot Dimensions: 67x150x117
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2012
  • Tax Value: 4743

MLS Schools

  • School District: Spring Lake Park #16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2012
Closed on
Aug 2, 2012
Sold by
Stegeman Jason W and Stegeman Gerri L
Bought by
Bailey Mark K and Bailey Nicole S
Seller's Agent
Lisa Hathy
Edina Realty, Inc.
Buyer's Agent
Stephen Seidl
Coldwell Banker Burnet
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Current Estimated Value
$710,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,991
Avg. Annual Appreciation
4.96%
Original Mortgage
$356,250
Outstanding Balance
$245,980
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$465,011
Source: Public Records

Range of Values:

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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
Bailey Mark K $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Mark K $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2012 08/02/12 Sold $375,000 -6.2% $97 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $399,900 -- $104 / 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
2025 $6,980 $602,900 $122,900 $480,000
2024 $6,980 $602,000 $136,500 $465,500
2023 $6,048 $595,100 $126,500 $468,600
2022 $5,687 $583,000 $104,500 $478,500
2021 $5,589 $485,500 $85,000 $400,500
2020 $5,626 $467,500 $85,000 $382,500
2019 $5,508 $448,400 $85,000 $363,400
2018 $5,668 $426,100 $0 $0
2017 $5,710 $424,600 $0 $0
2016 $5,505 $397,200 $0 $0
2015 $5,515 $397,200 $106,100 $291,100
2014 -- $355,700 $95,000 $260,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4126440

REALTOR® Association of Southern Minnesota

APN: 10-31-23-33-0058