$149,900
SOLD APR 29, 2013

2946 Park Ave Minneapolis, MN 55407

Phillips West Neighborhood
10 Beds
3 Baths
3,554 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

23% Below List Price

109 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Forced Air Heating System
  • Wood Flooring

About This Home

As of January 2023

3 Units in a great neighborhood , perfect for investment / rental near bus line, 3RD FLOOR HAS 2BR/1BATH: 14X14BR, 14X13BR, 18X16 KITCHEN/DINING & 9X9 3/4 BATH

Last Agent to Sell the Property

Kamal Ibrahim

Greater Midwest Realty Listed on: 12/20/2012

Last Buyer's Agent

Kevinn Tam

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x117

Parking

  • 2 Car Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 3,554 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Cooktop<<rangeHoodToken>>

Additional Features

  • Property is near public transit
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 3502924330150

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 144
  • Assessments: Unknown
  • Construction: Previously Owned
  • Parcel Number: 3502924330150
  • Potential Short Sale: Yes
  • Projected Closed Date: 04/22/2013
  • Street Designation: Avenue
  • Taxes With Assessments: 4376
  • Estimated Number of Acres: 0.11
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3554
  • Total Fin Square Footage: 3554

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 41X117

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2012
  • Tax Value: 4232

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 23, 2023
Sold by
Delmon Investments Llc
Bought by
Cele Pablo Loja
Seller's Agent
Nicole Stone
RE/MAX Results
Buyer's Agent
Ivonne Delgado Kuri
National Realty Guild
List Price
$425,000
Sold Price
$432,250
Premium/Discount to List
$7,250
1.71%
Views
45
Current Estimated Value
$468,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,774
Avg. Annual Appreciation
1.83%
Original Mortgage
$324,187
Outstanding Balance
$199,858
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$252,330

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 18, 2023
Sold by
Ccf2 Mn Llc
Bought by
Delman Investments Llc
Seller's Agent
Nicole Stone
RE/MAX Results
Buyer's Agent
Ivonne Delgado Kuri
National Realty Guild
List Price
$425,000
Sold Price
$432,250
Premium/Discount to List
$7,250
1.71%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,187
Outstanding Balance
$199,858
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$252,330

Purchase Details

Closed on
Dec 6, 2019
Sold by
Ccf2 Llc
Bought by
Ccf2 Mn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2015
Sold by
Residential Home Group Llc
Bought by
Ccf2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2014
Sold by
Isl Properties Llc
Bought by
Residential Home Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 20, 2012
Closed on
Apr 29, 2013
Sold by
Ibrahim Duri H and Basam Aziza O
Bought by
Isl Properties Llc
Seller's Agent
Kamal Ibrahim
Greater Midwest Realty
Buyer's Agent
Kevinn Tam
Edina Realty, Inc.
List Price
$195,900
Sold Price
$149,900
Premium/Discount to List
-$46,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$112,500
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Hunt Vincent and Hunt Kathryn
Bought by
Ibrahim Duri H and Basam Aziza O

Purchase Details

Closed on
Dec 30, 2002
Sold by
Olson Kent S and Olson Rhonda A
Bought by
Hunt Vincent and Hunt Kathryn

Purchase Details

Closed on
Sep 21, 2001
Sold by
Swervo Development Corp
Bought by
Olson Kent S and Olson Rhonda R

Purchase Details

Closed on
Mar 22, 2001
Sold by
Romero Manuel J and Dutan Elsa M
Bought by
Swervo Development Corp

Purchase Details

Closed on
Jun 13, 2000
Sold by
Hultquist Walter J and Hultquist Vesta J
Bought by
Romero Manuel J and Dutan Elsa M
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 Type Sale Price Title Company
Contract Of Sale $432,250 --
Warranty Deed $432,250 All American Title
Interfamily Deed Transfer -- All American Commercial Ttl
Rerecorded Deed -- All American Commercial Ttl
Warranty Deed $447,000 All American Title Company
Warranty Deed $500,000 Liberty Title Inc
Warranty Deed -- Liberty Title Inc
Warranty Deed $144,617 Liberty Title Inc
Warranty Deed $347,000 --
Warranty Deed $320,000 --
Warranty Deed $272,000 --
Warranty Deed $18,000 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,187 New Conventional
Previous Owner $6,750,000 Commercial
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $425,000 Purchase Money Mortgage
Previous Owner $40,000 Unknown
Previous Owner $112,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $432,250 0.0% $122 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/27/2022 12/27/22 Off Market $432,250 -- --
12/15/2022 12/15/22 For Sale $425,000 +183.5% $120 / Sq Ft
04/29/2013 04/29/13 Sold $149,900 -23.5% $42 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $195,900 -- $55 / 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
2023 $5,950 $372,000 $33,000 $339,000
2022 $5,759 $372,000 $24,000 $348,000
2021 $5,268 $339,000 $17,000 $322,000
2020 $5,533 $322,500 $18,900 $303,600
2019 $5,163 $313,000 $12,600 $300,400
2018 $4,346 $284,500 $12,600 $271,900
2017 $4,227 $225,500 $11,500 $214,000
2016 $4,042 $209,000 $11,500 $197,500
2015 $3,683 $181,500 $11,500 $170,000
2014 -- $169,000 $11,500 $157,500
Source: Public Records

Agents Affiliated with this Home

  • Nicole Stone

    Seller's Agent in 2023

    Nicole Stone

    RE/MAX Results

    (651) 274-0025

    1 in this area

    271 Total Sales

    Nicole Stone
    Section Image
  • Ivonne Delgado Kuri

    Buyer's Agent in 2023

    Ivonne Delgado Kuri

    National Realty Guild

    (612) 578-9762

    1 in this area

    222 Total Sales

    Ivonne Delgado Kuri
    Section Image

  • K

    Seller's Agent in 2013

    Kamal Ibrahim

    Greater Midwest Realty

  • K

    Buyer's Agent in 2013

    Kevinn Tam

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4425692

REALTOR® Association of Southern Minnesota

APN: 35-029-24-33-0150

Minnesota Hennepin County Minneapolis 55407 Phillips West

2946 Park Ave, Minneapolis, MN

This home is located at 2946 Park Ave, Minneapolis, MN 55407 and is currently priced at $149,900, approximately $42 per square foot. This property was built in 1900. 2946 Park Ave is a home located in Hennepin County with nearby schools including Andersen United Middle School, Whittier International, and South Senior High School.

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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