NOT LISTED FOR SALE

2907 Park Ave Minneapolis, MN 55407

Phillips West Neighborhood

Estimated Value: $261,000 - $341,000

4 Beds
2 Baths
1,660 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $85,000 $51 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $1,788/month

29 Days on Market

Highlights

  • 1 Car Detached Garage
  • Wood Siding
  • Wood Burning Fireplace
  • Forced Air Heating System

About This Home

As of February 2013

Great investment opportunity! This home just needs your special touch. It features an enclosed porch, wood flooring, french doors and a cozy kitchen!

Last Agent to Sell the Property

Michael Barnett

Realty Direct REO, LLC Listed on: 11/27/2012

Last Buyer's Agent

Gretchen Berg

Lakes Area Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,025

Year Built

  • 1908

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 118.6

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 3502924330144

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,025

Year Built

1908

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.11
  • Construction: Previously Owned
  • Foundation Size: 880
  • Parcel Number: 3502924330144
  • Projected Closed Date: 01/31/2013
  • Stories: 2 Story
  • Taxes With Assessments: 1816
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1908

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, On Level: Main
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Upper
  • Room 6: Bedroom, On Level: Upper
  • Room 7: On Level: Upper
  • Room 8: Bedroom, On Level: Upper
  • Room 9: 3 Season Porch, On Level: Main
  • Room 10: Mud Room, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1660
  • Total Fin Square Footage: 1660

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40 X 118.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 8, 2013
Bought by
Gonzalez Mercedez Mercedez
Seller's Agent
Michael Barnett
Realty Direct REO, LLC
Buyer's Agent
Gretchen Berg
Lakes Area Realty, Inc
List Price
$83,900
Sold Price
$85,000
Premium/Discount to List
$1,100
1.31%
Current Estimated Value
$293,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,493
Avg. Annual Appreciation
10.22%

Purchase Details

Listed on
Nov 27, 2012
Closed on
Jan 10, 2013
Sold by
Federal National Mortgage Association
Bought by
Gonzales Mercedes
Seller's Agent
Michael Barnett
Realty Direct REO, LLC
Buyer's Agent
Gretchen Berg
Lakes Area Realty, Inc
List Price
$83,900
Sold Price
$85,000
Premium/Discount to List
$1,100
1.31%

Purchase Details

Closed on
Oct 11, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2011
Sold by
Dahl Charles G
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gonzalez Mercedez Mercedez $78,000 --
Gonzales Mercedes -- Titleone Inc
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $155,116 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2013 02/08/13 Sold $85,000 +1.3% $51 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $83,900 -- $51 / 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 $3,025 $227,000 $41,000 $186,000
2023 $2,653 $219,000 $33,000 $186,000
2022 $2,636 $219,000 $23,000 $196,000
2021 $2,411 $207,000 $16,000 $191,000
2020 $2,614 $197,500 $24,200 $173,300
2019 $2,464 $197,500 $16,100 $181,400
2018 $1,881 $183,000 $16,100 $166,900
2017 $1,784 $137,500 $14,600 $122,900
2016 $1,728 $127,500 $14,600 $112,900
2015 $1,607 $116,000 $14,600 $101,400
2014 -- $105,500 $12,500 $93,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Barnett

    Realty Direct REO, LLC

  • G

    Buyer's Agent in 2013

    Gretchen Berg

    Lakes Area Realty, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4420859

REALTOR® Association of Southern Minnesota

APN: 35-029-24-33-0144

Minnesota Hennepin County Minneapolis 55407 Phillips West

2907 Park Ave, Minneapolis, MN

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.

Nearby Homes