NOT LISTED FOR SALE

2857 88th Ln NE Minneapolis, MN 55449

Estimated Value: $433,000 - $477,000

4 Beds
3 Baths
2,470 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $445,000 $180 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,470/month

14 Days on Market

Highlights

  • No HOA
  • Gazebo
  • The kitchen features windows
  • Game Room
  • Stainless Steel Appliances
  • 3 Car Attached Garage

About This Home

As of September 2024

Settled on a mature lot, this turn-key property offers 4 bedrooms and 3 bathrooms, including a private primary bath with oversized vanity. The well-maintained interior offers plenty of space for hobbies, entertaining or to just get “away” within the home itself! There is a vaulted living room plus 2 more finished lower levels both with big family rooms. Lowest level has an egress window if one wanted to add an extra bedroom. Kitchen is open and airy with upgraded stainless appliances, gas range and pull-out shelves in lower cabinets. A three-car HEATED garage is perfect for the winter months! Garage is outfitted with an epoxy floor coating, added insulation in ceiling and garage doors, bonus lighting, extra power outlets (including a 240 AMP) and storage solutions like shelving and electric hoist. A fully fenced backyard features a charming gazebo, ideal for outdoor entertaining or relaxing in the serene surroundings. The stamped concrete patio overlooks the large yard which provides plenty of space for play and gardening in the raised beds.

Last Agent to Sell the Property

Dana Ashby

Edina Realty, Inc. Listed on: 07/12/2024

Edina Realty, Inc.

Co-Listed By

Mark Ashby

Edina Realty, Inc.

Last Buyer's Agent

Ed Iverson

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1998

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 85x127x85x127
  • Property is Fully Fenced
  • Chain Link Fence
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Game Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Drain
  • Block Basement Construction
  • Crawl Space
  • Basement Window Egress

Outdoor Features

  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Meadows Of Rice Creek 4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 343123310051

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,808

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1400
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Drain Tiled, Egress Window(s), Finished, Partially Finished, Sump Pump
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 2470
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1070
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Amusement Room, Gazebo

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Full
  • Other Structures: Gazebo
  • PatioPorchType: Covered,Front Porch,Patio,Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage
  • Garage Square Feet: 570

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Spring Lake Park
  • SchoolDistrictNumber: 16
  • SchoolDistrictPhone: 763-786-5570

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 85x127x85x127
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 343123310051
  • Tax Annual Amount: 3808
  • TaxWithAssessments: 3808.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 3, 2024
Sold by
Thorsland Lori
Bought by
Lee Ethan
Seller's Agent
Dana Ashby
Edina Realty, Inc.
Buyer's Agent
Ed Iverson
Century 21 Atwood
List Price
$445,000
Sold Price
$445,000
Views
28
Current Estimated Value
$456,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,699
Avg. Annual Appreciation
2.30%
Original Mortgage
$356,000
Outstanding Balance
$352,220
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$104,479

Purchase Details

Closed on
Dec 10, 2013
Sold by
Lehman Coralee A and Thorsland Lori A
Bought by
Thorsland Lori A

Purchase Details

Closed on
Dec 28, 1998
Sold by
Northridge Homes Inc
Bought by
Lehman Coralee A and Thorsland Lori A

Purchase Details

Closed on
Oct 1, 1998
Sold by
Oakwood Land Dev Inc
Bought by
Northridge Homes Inc
Source: Public Records

Range of Values:

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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
Lee Ethan $445,000 --
Thorsland Lori A -- None Available
Lehman Coralee A $150,000 --
Northridge Homes Inc $33,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ethan $356,000
Closed Northridge Homes Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $445,000 0.0% $180 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $445,000 -- $180 / 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
2025 $898 $382,100 $110,000 $272,100
2024 $898 $379,000 $108,200 $270,800
2023 $3,786 $380,100 $103,000 $277,100
2022 $3,496 $377,300 $90,000 $287,300
2021 $3,437 $305,400 $75,000 $230,400
2020 $3,407 $294,900 $75,000 $219,900
2019 $3,179 $280,200 $67,000 $213,200
2018 $3,154 $256,800 $0 $0
2017 $2,833 $247,900 $0 $0
2016 $2,831 $218,400 $0 $0
2015 $2,850 $218,400 $64,700 $153,700
2014 -- $187,000 $52,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6565451

NorthstarMLS

APN: 34-31-23-31-0051