2707 W 54th St Minneapolis, MN 55410
Armatage NeighborhoodEstimated Value: $694,000 - $734,000
3
Beds
3
Baths
2,849
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- Home fronts a creek
- Family Room with Fireplace
- Home Office
- Armatage Elementary School Rated A-
- No HOA
- Porch
About This Home
As of December 2022Spacious custom-built all-electric (it has a medallion) one story on 1/4 acre lot across from Minnehaha Creek in high demand neighborhood of southwest Minneapolis. Built for an electrical engineer, now on the market for the first time since 1969, it was ahead of its time and now is the wave of the future. Generous Room sizes (including baths), two fireplaces, open concept kitchen, large screened porch and a private office make this a great home for comfortable family living and gracious entertaining. A five minute walk to four restaurants and a hardware store adds to the livability of this fine home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,803
Year Built
- Built in 1969
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 93x112
- Home fronts a creek
Parking
- 2 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room
- Home Office
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Natural lighting in basement
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- No Home Owners Association
- A B Robbins Brookside Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2002824120020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2023
Sold by
Labree Ann E and Labree John W
Bought by
Tvenge Ryan and Neeb Elizabeth
Total Days on Market
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$475,362
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$242,833
Purchase Details
Listed on
Jul 14, 2022
Closed on
Dec 1, 2022
Sold by
Labree Ann and Labree John
Bought by
Tvenge Ryan and Neeb Elizabeth
Seller's Agent
Faye Bland
Keller Williams Realty Integrity
Buyer's Agent
Jonna Kosalko
Coldwell Banker Realty
List Price
$749,900
Sold Price
$650,000
Premium/Discount to List
-$99,900
-13.32%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$487,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2008
Sold by
Donna M Healy Trust
Bought by
Labree John W and Labree Ann E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,419,000
Interest Rate
5.93%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tvenge Ryan | $650,000 | Burnet Title | |
| Tvenge Ryan | $650,000 | -- | |
| Labree John W | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tvenge Ryan | $487,500 | |
| Previous Owner | Tvenge Ryan | $487,500 | |
| Previous Owner | Labree John W | $362,000 | |
| Previous Owner | Labree John W | $290,000 | |
| Previous Owner | Labree Johnw | $235,328 | |
| Previous Owner | Labree John W | $2,419,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2022 12/01/22 | Sold | $650,000 | 0.0% | $228 / Sq Ft |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- |
| 10/01/2022 10/01/22 | Price Changed | $649,900 | -7.1% | $228 / Sq Ft |
| 08/03/2022 08/03/22 | Price Changed | $699,900 | -6.7% | $246 / Sq Ft |
| 07/14/2022 07/14/22 | For Sale | $749,900 | -- | $263 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $8,078 | $598,000 | $349,000 | $249,000 |
| 2022 | $8,139 | $544,000 | $325,000 | $219,000 |
| 2021 | $7,885 | $551,500 | $313,000 | $238,500 |
| 2020 | $8,521 | $551,500 | $261,400 | $290,100 |
| 2019 | $8,292 | $551,500 | $243,100 | $308,400 |
| 2018 | $9,279 | $525,000 | $243,100 | $281,900 |
| 2017 | $8,097 | $500,500 | $221,000 | $279,500 |
| 2016 | $7,312 | $435,000 | $221,000 | $214,000 |
| 2015 | $7,493 | $425,000 | $221,000 | $204,000 |
| 2014 | -- | $446,500 | $197,300 | $249,200 |
Source: Public Records
Agents Affiliated with this Home
-
Faye Bland
Seller's Agent in 2022
Faye Bland
Keller Williams Realty Integrity
(612) 723-3004
1 in this area
40 Total Sales
-
Jonna Kosalko
Buyer's Agent in 2022
Jonna Kosalko
Coldwell Banker Burnet
(612) 695-3136
5 in this area
231 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6232790
APN: 20-028-24-12-0020
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