NOT LISTED FOR SALE

2824 Oakland Ave Minneapolis, MN 55407

Phillips West Neighborhood

Estimated Value: $241,000 - $302,000

3 Beds
2 Baths
1,448 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $87,000 $60 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,681/month

119 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Landscaped with Trees
  • Wood Flooring
  • Porch
  • Bathroom on Main Level

About This Home

As of December 2013

Opportunity plus with this vintage 2-story. Hardwood floors, natural woodwork, 3 bedrooms up + den on main lvl. Front porch. Laundry area on main level, off of back entry. Bank owned, sold As-Is. Convenient Mpls location/near Midtown Greenway Trail.

Last Agent to Sell the Property

Karel Smith

Coldwell Banker Burnet Listed on: 07/31/2013

Last Buyer's Agent

Ying Que

Land of Lakes Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 54x125
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,448 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Storage Shed
  • Porch

Location

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3502924330114

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,509

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors
  • Amenities Exterior: Fenced Yard - Partial, Porch
  • Estimated Number of Acres: 0.16
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 856
  • Parcel Number: 3502924330114
  • Stories: 2 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x13, On Level: Main
  • Room 2: Dining Room, 13x14, On Level: Main
  • Room 4: Kitchen, 11x11, On Level: Main
  • Room 5: Bedroom, 9x9, On Level: Upper
  • Room 6: Bedroom, 11x12, On Level: Upper
  • Room 7: 12x14, On Level: Upper
  • Room 9: 3 Season Porch, 18x7, On Level: Main
  • Room 10: Laundry Room, 6x8, On Level: Main
  • Room 11: Den/Office, 12x12, On Level: Main
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1448
  • Total Fin Square Footage: 1448

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Stucco
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 54x125
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1910

Tax Info

  • Year: 2013
  • Tax Value: 1509

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2013
Closed on
Nov 27, 2013
Sold by
Citizens Independent Bank
Bought by
Serendipity Investment Llc
Seller's Agent
Karel Smith
Coldwell Banker Burnet
Buyer's Agent
Ying Que
Land of Lakes Rlty
List Price
$119,900
Sold Price
$87,000
Premium/Discount to List
-$32,900
-27.44%
Current Estimated Value
$269,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,585
Avg. Annual Appreciation
9.97%
Original Mortgage
$60,900
Outstanding Balance
$45,393
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$224,192

Purchase Details

Closed on
May 7, 2013
Sold by
Lynott Nicole and Collodoro Peter
Bought by
Citizens Independent Bank

Purchase Details

Closed on
Apr 11, 2005
Sold by
Hill Ollie and Hill Grace W
Bought by
Old Treasure Real Estate Development Llc

Purchase Details

Closed on
Sep 13, 1998
Sold by
Kaplan Mark and Foster Michele G
Bought by
Hill Ollie and Hill Grace
Source: Public Records

Range of Values:

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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
Serendipity Investment Llc $87,000 Burnet Title
Citizens Independent Bank $165,515 None Available
Old Treasure Real Estate Development Llc $147,500 --
Hill Ollie $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serendipity Investment Llc $60,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2013 12/05/13 Sold $87,000 -27.4% $60 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $119,900 -- $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 $11,602 $217,000 $58,000 $159,000
2023 $3,021 $207,000 $46,000 $161,000
2022 $3,160 $207,000 $34,000 $173,000
2021 $2,876 $204,000 $26,000 $178,000
2020 $3,116 $215,000 $38,000 $177,000
2019 $2,971 $215,000 $25,300 $189,700
2018 $2,389 $199,000 $25,300 $173,700
2017 $2,225 $144,500 $23,000 $121,500
2016 $1,996 $125,500 $23,000 $102,500
2015 $2,045 $122,500 $23,000 $99,500
2014 -- $113,500 $23,000 $90,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Karel Smith

    Coldwell Banker Burnet

  • Y

    Buyer's Agent in 2013

    Ying Que

    Land of Lakes Rlty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4514369

REALTOR® Association of Southern Minnesota

APN: 35-029-24-33-0114

Minnesota Hennepin County Minneapolis 55407 Phillips West

2824 Oakland Ave, Minneapolis, MN

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