NOT LISTED FOR SALE

2720 15th Ave S Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $265,000 - $346,000

4 Beds
2 Baths
1,928 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $115,000 $60 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,951/month

141 Days on Market

Highlights

  • 2 Car Detached Garage
  • Community Deck or Porch
  • 5-minute walk to Stewart Park
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

Updated property in move in condition, both units rented, 2 bedrooms in each unit. Finished basement. Close to bus line, light rail, restaurants, and shops. Traditional sale. Quick closing. Second unit rents for $1,300.

Last Agent to Sell the Property

Gina Brethorst

RE/MAX Advantage Plus Listed on: 04/28/2014

Last Buyer's Agent

Judy Santana

Coldwell Banker Burnet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1903

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x127
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,928 Sq Ft Home
  • Duplex
  • Stucco Exterior

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Range
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • Tenant pays for electric, trash
  • The owner pays for water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,207

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 09/29/2014
  • Taxes With Assessments: 2207
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1928
  • Total Fin Square Footage: 1928

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Irregular Lot
  • Estimated Lot Dimensions: 40x127

Rental Info

  • Owner Expense: Water/Sewer
  • Tenant Expense: Electric, Trash

Building Info

  • Year Built: 1903

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 2207

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Sep 29, 2014
Sold by
Tigre Cristian Cristian
Bought by
Chavez Silvina Silvina
Seller's Agent
Gina Brethorst
RE/MAX Advantage Plus
Buyer's Agent
Judy Santana
Coldwell Banker Burnet
List Price
$160,000
Sold Price
$115,000
Premium/Discount to List
-$45,000
-28.12%
Current Estimated Value
$307,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,130
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Jun 23, 2013
Sold by
Lazo Julian R
Bought by
Tigre Cristian Ignacio

Purchase Details

Closed on
Jul 7, 2011
Sold by
Federal National Mortgage Association
Bought by
Lazo Julian R

Purchase Details

Closed on
Nov 17, 2010
Sold by
Velez Miguel R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 23, 2002
Sold by
Sinchi Luis A and Sinchi Blanca G
Bought by
Velez Miguel Roberto

Purchase Details

Closed on
Mar 29, 2002
Sold by
St Pauls Evangelical Lutheran Church
Bought by
Sinchi Luis A and Sinchi Blanca G
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
Chavez Silvina Silvina $115,000 --
Tigre Cristian Ignacio -- None Available
Lazo Julian R -- None Available
Lazo Julian R $46,000 --
Federal National Mortgage Association $185,072 --
Velez Miguel Roberto $205,000 --
Sinchi Luis A $75,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $115,000 -28.1% $60 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $160,000 -- $83 / 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 $3,871 $265,000 $52,000 $213,000
2023 $3,743 $279,000 $46,000 $233,000
2022 $3,300 $248,000 $37,000 $211,000
2021 $3,207 $234,000 $25,000 $209,000
2020 $2,599 $234,000 $22,100 $211,900
2019 $2,198 $196,500 $14,700 $181,800
2018 $1,777 $166,500 $14,700 $151,800
2017 $1,718 $133,500 $13,400 $120,100
2016 $2,256 $126,500 $13,400 $113,100
2015 $2,232 $110,000 $13,400 $96,600
2014 -- $101,000 $13,400 $87,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gina Brethorst

    RE/MAX

  • J

    Buyer's Agent in 2014

    Judy Santana

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4608599

REALTOR® Association of Southern Minnesota

APN: 35-029-24-42-0206

Minnesota Hennepin County Minneapolis 55407 Phillips

2720 15th Ave S, Minneapolis, MN

This home is located at 2720 15th Ave S, Minneapolis, MN 55407 since 28 April 2014 and is currently estimated at $307,130, approximately $159 per square foot. This property was built in 1903. 2720 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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