NOT LISTED FOR SALE

2715 Columbus Ave Minneapolis, MN 55407

Phillips West Neighborhood

Estimated Value: $284,000 - $350,000

4 Beds
4 Baths
2,299 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $212,000 $92 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,139/month

21 Days on Market

About This Home

As of November 2022

Triplex centrally located in the heart of the city. Close to multiple hospitals, the Swedish Institute and Saint Mary's University. Excellent public transit options within blocks. Registered as a triplex with the city of Minneapolis but unique layout offers flexibility in use or for multigenerational or owner occupied. Please see floor plan and virtual tour. Two car garage, new concrete walks and parking pad, Roof in 2013.

Last Agent to Sell the Property

Nicole Lettner

Edina Realty, Inc. Listed on: 10/19/2022

Edina Realty, Inc.

Last Buyer's Agent

Gino Villella

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 43x123
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Pitched Roof

Interior Spaces

  • 2,299 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • 3 Units
  • Woodburn Add Subdivision

Listing and Financial Details

  • The owner pays for all utilities, electricity, fuel, grounds care, repairs, snow removal, trash collection
  • Assessor Parcel Number 3502924320334

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,609

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2299
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2299
  • Fireplace: No
  • Owner Pays: All Utilities, Electricity, Fuel, Grounds Care, Repairs, Snow Removal, Trash Collection
  • Basement YN: Yes
  • Total Rooms: 6
  • Total Rooms: 6
  • Total Rooms: 2

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt, Pitched
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Phillips West

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 43x123
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3502924320334
  • Tax Annual Amount: 4609
  • TaxWithAssessments: 4609.2800

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
2715 Columbus Avenue South Llc
Bought by
Song Leeta
Current Estimated Value
$308,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,960
Outstanding Balance
$216,383
Interest Rate
7.44%
Mortgage Type
FHA
Estimated Equity
$80,348

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 22, 2022
Sold by
Pat & Dick Llc A Minnesota Limited Liab
Bought by
2715 Columbus Avenue South Llc
Seller's Agent
Nicole Lettner
Edina Realty, Inc.
Buyer's Agent
Gino Villella
eXp Realty
List Price
$285,000
Sold Price
$212,000
Premium/Discount to List
-$73,000
-25.61%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 17, 2022
Sold by
Pat & Dick Llc
Bought by
2715 Columbus Avenue South Llc
Seller's Agent
Nicole Lettner
Edina Realty, Inc.
Buyer's Agent
Gino Villella
eXp Realty
List Price
$285,000
Sold Price
$212,000
Premium/Discount to List
-$73,000
-25.61%
Views
22
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
Song Leeta $223,000 Legacy Title
2715 Columbus Avenue South Llc $212,000 --
2715 Columbus Avenue South Llc $212,000 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Leeta $218,960
Previous Owner 2715 Columbus Avenue South Llc $147,500
Previous Owner 2715 Columbus Avenue South Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $212,000 -18.5% $92 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $260,000 -8.8% $113 / Sq Ft
10/19/2022 10/19/22 For Sale $285,000 -- $124 / Sq Ft
Source: NorthstarMLS

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 $5,151 $322,000 $39,000 $283,000
2022 $4,609 $301,000 $28,000 $273,000
2021 $3,978 $256,000 $22,000 $234,000
2020 $4,215 $243,500 $24,500 $219,000
2019 $3,939 $238,500 $16,300 $222,200
2018 $3,320 $217,000 $16,300 $200,700
2017 $3,083 $164,500 $14,800 $149,700
2016 $3,046 $157,500 $14,800 $142,700
2015 $2,821 $139,000 $14,800 $124,200
2014 -- $126,500 $14,800 $111,700
Source: Public Records

Agents Affiliated with this Home

  • Nicole Lettner

    Seller's Agent in 2022

    Nicole Lettner

    Edina Realty, Inc.

    (651) 331-1735

    3 in this area

    183 Total Sales

    Nicole Lettner
    Section Image
  • Gino Villella

    Buyer's Agent in 2022

    Gino Villella

    eXp Realty

    (651) 341-3533

    1 in this area

    129 Total Sales

    Gino Villella
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6273098

NorthstarMLS

APN: 35-029-24-32-0334

Minnesota Hennepin County Minneapolis 55407 Phillips West

2715 Columbus Ave, Minneapolis, MN

This home is located at 2715 Columbus Ave, Minneapolis, MN 55407 since 19 October 2022 and is currently estimated at $308,679, approximately $134 per square foot. This property was built in 1900. 2715 Columbus Ave is a home located in Hennepin County with nearby schools including Andersen United Middle School, Whittier International, and South Senior High School.

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