NOT LISTED FOR SALE

2837 16th Ave S Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $30,241 - $174,000

0.12 Acre
$844,250 Price per Acre
5,227 Sq Ft Lot

Last Sold March 28, 2013

Last sale price $15,500

Est. 554% increase in value since last sale

Current estimated payment $597/month

75 Days on Market

Highlights

  • Property is near public transit
  • Agricultural
  • Level Lot

About This Lot

As of March 2013

EXCELLENT OPPORTUNITY TO BUILD IN SOUTH MINNEAPOLIS! COME TAKE A LOOK AT THE PRIME LOCATION FOR YOUR NEW HOME, LOCATED NEAR SCHOOLS, SHOPPING, BUSES, CLOSE TO LAKE STREET.

Last Agent to Sell the Property

Benjamin Johnson

Edina Realty, Inc. Listed on: 01/07/2013

Last Buyer's Agent

Benjamin Johnson

Edina Realty, Inc. Listed on: 01/07/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $599

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 3502924440017

Property Details

Property Type

Land

Est. Annual Taxes

$599

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Assessment Balance: 359.77
  • Assessments: Unknown
  • Parcel Number: 3502924440017
  • Projected Closed Date: 03/28/2013
  • Taxes With Assessments: 740.94
  • Estimated Number of Acres: 0.12
  • Additional Information: Abstract
  • Development Status: Raw Land
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Telephone

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/In 6 Blks)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Mar 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Dale Laura Frances
Seller's Agent
Benjamin Johnson
Edina Realty, Inc.
Buyer's Agent
Benjamin Johnson
Edina Realty, Inc.
List Price
$29,900
Sold Price
$15,500
Premium/Discount to List
-$14,400
-48.16%
Current Estimated Value
$101,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,810
Avg. Annual Appreciation
16.28%

Purchase Details

Closed on
Jan 6, 2012
Sold by
Barrales Jesus
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 13, 2007
Sold by
Olea Agustin R
Bought by
Barrales Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2002
Sold by
Parker Thomas H
Bought by
Olea Agustin R

Purchase Details

Closed on
Dec 12, 2001
Sold by
Mathwig Troy and Mathwig Melissa
Bought by
Parker Thomas H

Purchase Details

Closed on
Nov 9, 2001
Sold by
Anderson Robert M
Bought by
Mathwig Troy

Purchase Details

Closed on
Sep 13, 2001
Sold by
Tholen Anna Marie and Tholen Steven D
Bought by
Anderson Robert M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Dale Laura Frances -- First Financial Title Agency
Federal National Mortgage Association $311,522 --
Federal National Mortgage Association $311,521 None Available
Barrales Jesus $190,000 --
Olea Agustin R $129,900 --
Parker Thomas H $82,500 --
Mathwig Troy $70,000 --
Anderson Robert M $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrales Jesus $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2013 03/28/13 Sold $15,500 -48.2% --
03/23/2013 03/23/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $29,900 -- --
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
2023 $599 $22,000 $22,000 $0
2022 $499 $18,000 $18,000 $0
2021 $499 $13,800 $13,800 $0
2020 $245 $13,800 $13,800 $0
2019 $251 $13,800 $13,800 $0
2018 $254 $13,800 $13,800 $0
2017 $234 $12,500 $12,500 $0
2016 $241 $12,500 $12,500 $0
2015 $253 $12,500 $12,500 $0
2014 -- $12,500 $12,500 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Benjamin Johnson

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4428558

REALTOR® Association of Southern Minnesota

APN: 35-029-24-44-0017

Minnesota Hennepin County Minneapolis 55407 Phillips

2837 16th Ave S, Minneapolis, MN

This home is located at 2837 16th Ave S, Minneapolis, MN 55407 since 07 January 2013 and is currently estimated at $101,310. 2837 16th 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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