NOT LISTED FOR SALE

Estimated Value: $303,000 - $348,822

8 Beds
4 Baths
3,082 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $320,000 $104 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,174/month

47 Days on Market

About This Home

As of March 2023

This home is located at 2901 James Ave N, Minneapolis, MN 55411 since 26 December 2022 and is currently estimated at $317,956, approximately $103 per square foot. This property was built in 1891. 2901 James Ave N is a home located in Hennepin County with nearby schools including Hmong International Academy, Olson Middle School, and KIPP Legacy Elementary School.

Last Agent to Sell the Property

Aaron Rebarchek

Stepping Stone Brokers LLC Brokerage Email: aaron.rebarchek@gmail.com Listed on: 12/26/2022

Co-Listed By

Ross Lumley

Stepping Stone Brokers LLC Brokerage Email: aaron.rebarchek@gmail.com

Last Buyer's Agent

Aaron Rebarchek

Stepping Stone Brokers LLC Brokerage Email: aaron.rebarchek@gmail.com Listed on: 12/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,229

Year Built

  • Built in 1891

Lot Details

  • 5,227

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 40x127
  • Forced Air Heating System

Community Details

  • 3 Units
  • Lauderdales Sub Lts Babbitts Outlots Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0902924310177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,229

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1891
  • Above Grade Finished Sq Ft: 2826
  • Water Sewer Expenses: 2750
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: aaron.rebarchek@gmail.com
  • Attribution Contact: aaron.rebarchek@gmail.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 3082
  • Below Grade Finished Sq Ft: 256
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 4
  • Total Rooms: 6
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Neighborhood: Jordan

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 40x127
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0902924310177
  • Tax Annual Amount: 4229
  • TaxWithAssessments: 4229.0000

Multi Family

  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Mar 21, 2023
Sold by
2903 James Llc
Bought by
Miller Mysnikol
Seller's Agent
Aaron Rebarchek
Stepping Stone Brokers LLC
Buyer's Agent
Aaron Rebarchek
Stepping Stone Brokers LLC
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$317,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,044
Avg. Annual Appreciation
-0.25%
Original Mortgage
$314,204
Outstanding Balance
$304,269
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$13,687

Purchase Details

Closed on
Feb 5, 2021
Sold by
Little Michael and Little Salina Gangl
Bought by
2903 James Llc

Purchase Details

Closed on
May 30, 2018
Sold by
Bertelson Todd M and Bertelson Mary B
Bought by
Little Michael L and Little Salina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2016
Sold by
Renewal Development Llc
Bought by
Bertelson Todd M and Bertelson Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Renewal Development Llc

Purchase Details

Closed on
Oct 27, 2000
Sold by
Dion Properties
Bought by
2901-3 James Avenue N Trust

Purchase Details

Closed on
Feb 27, 1998
Sold by
Capital Investments
Bought by
Dion Properties

Purchase Details

Closed on
Aug 21, 1997
Sold by
Capital Investments
Bought by
Fox Michael Allen and Fox Jennifer Sue
Source: Public Records

Range of Values:

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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
Miller Mysnikol $320,000 Legacy Title
2903 James Llc -- None Available
Little Michael L $240,000 Land Title Inc
Bertelson Todd M $120,000 Home Title Inc
Renewal Development Llc $21,000 --
2901-3 James Avenue N Trust $69,900 --
Onadipe Sunday O $140,000 --
Dion Properties $69,900 --
Fox Michael Allen $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Mysnikol $314,204
Previous Owner Little Michael L $144,000
Previous Owner Bertelson Todd M $90,000
Closed Fox Michael Allen --
Closed Fox Michael Allen $46,581
Closed Dion Properties $16,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $320,000 0.0% $104 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $320,000 -- $104 / 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
2024 $5,863 $323,000 $16,000 $307,000
2023 $5,115 $306,000 $16,000 $290,000
2022 $4,229 $267,000 $13,000 $254,000
2021 $4,066 $250,000 $10,000 $240,000
2020 $3,792 $250,000 $8,000 $242,000
2019 $2,089 $215,500 $5,300 $210,200
2018 $1,722 $105,000 $5,300 $99,700
2017 $1,527 $82,000 $4,800 $77,200
2016 $1,689 $76,000 $4,800 $71,200
2015 $1,327 $66,000 $4,800 $61,200
2014 -- $60,000 $5,900 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6318896

NorthstarMLS

APN: 09-029-24-31-0177