2943 Grand St NE Minneapolis, MN 55418
Marshall Terrace Neighborhood
3
Beds
2
Baths
2,059
Sq Ft
5,227
Sq Ft Lot
About This Home
As of August 2024This is a must see move-in ready duplex located in the fabulous Marshall Terrace neighborhood! The lower unit is a 1 bedroom 1 bathroom that features refinished hardwood floors, in-unit laundry, and an immediate built-in income with a current tenant. The upper unit is a 2 bedroom 1 bathroom that features a cool layout including a spiral staircase to the building's 3rd level, in-unit laundry, and is currently vacant to owner occupy or to rent out.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,892
Year Built
- Built in 1900
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,059 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 133x40
- Forced Air Heating System
Community Details
- 2 Units
- Northtown Add Subdivision
Listing and Financial Details
- Tenant pays for electricity, fuel
- The owner pays for insurance, taxes, trash collection, water
- Assessor Parcel Number 0302924440151
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Aug 2, 2024
Sold by
Badmus Obehi and Badmus Idris
Bought by
De Grote Straat Company Llc
Buyer's Agent
Voila It's That Easy
eXp Realty
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,465
Avg. Annual Appreciation
1.71%
Original Mortgage
$292,500
Outstanding Balance
$289,715
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$168,750
Purchase Details
Listed on
Mar 1, 2023
Closed on
Apr 27, 2023
Sold by
Fortune Holdings Llc
Bought by
Badmus Obehi C and Badmus Idris A
Seller's Agent
Garrett Matheson
IQ Realty
Buyer's Agent
Obehi Ogharibhor
Keller Williams Classic Rlty NW
List Price
$379,900
Sold Price
$391,900
Premium/Discount to List
$12,000
3.16%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$404,832
Interest Rate
4%
Mortgage Type
VA
Purchase Details
Closed on
Jun 15, 2017
Sold by
Macdonald Jason D and Macdonald Mesa
Bought by
Fortune Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.95%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 9, 2006
Sold by
Quimby Bruce E
Bought by
Macdonald Jason D
Purchase Details
Closed on
Nov 5, 1999
Sold by
Helm Gloria C and Helm Marvin
Bought by
Quimby Bruce E
Similar Homes in Minneapolis, MN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $450,000 | -- | |
| Warranty Deed | $391,900 | All American Title Company | |
| Quit Claim Deed | -- | Land Title Inc | |
| Warranty Deed | $205,000 | -- | |
| Warranty Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $404,832 | VA | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $532,223 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $195,000 | Commercial | |
| Previous Owner | $165,875 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $450,000 | 0.0% | $155 / Sq Ft |
| 06/05/2024 06/05/24 | Price Changed | $450,000 | -4.3% | $155 / Sq Ft |
| 05/13/2024 05/13/24 | Price Changed | $470,000 | -14.5% | $162 / Sq Ft |
| 05/10/2024 05/10/24 | For Sale | $550,000 | +40.3% | $189 / Sq Ft |
| 04/28/2023 04/28/23 | Sold | $391,900 | 0.0% | $190 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 03/28/2023 03/28/23 | Off Market | $391,900 | -- | -- |
| 03/01/2023 03/01/23 | For Sale | $379,900 | -- | $185 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,711 | $357,000 | $105,000 | $252,000 |
| 2022 | $5,123 | $355,000 | $102,000 | $253,000 |
| 2021 | $5,937 | $288,000 | $64,000 | $224,000 |
| 2020 | $4,598 | $288,000 | $41,700 | $246,300 |
| 2019 | $4,057 | $246,000 | $27,800 | $218,200 |
| 2018 | $3,695 | $223,500 | $27,800 | $195,700 |
| 2017 | $3,402 | $181,500 | $25,300 | $156,200 |
| 2016 | $3,287 | $170,000 | $25,300 | $144,700 |
| 2015 | $2,871 | $141,500 | $25,300 | $116,200 |
| 2014 | -- | $123,000 | $25,300 | $97,700 |
Source: Public Records
Agents Affiliated with this Home
-
Voila It's That Easy
Buyer's Agent in 2024
Voila It's That Easy
eXp Realty
(651) 210-1038
1 in this area
378 Total Sales
-
Garrett Matheson
Seller's Agent in 2023
Garrett Matheson
IQ Realty
(218) 428-8362
1 in this area
146 Total Sales
-
Obehi Ogharibhor
O
Buyer's Agent in 2023
Obehi Ogharibhor
Keller Williams Classic Rlty NW
(651) 800-5763
2 in this area
12 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6337058
APN: 03-029-24-44-0151
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