NOT LISTED FOR SALE

3037 118th Ave NE Minneapolis, MN 55449

Estimated Value: $528,000 - $734,000

2 Beds
2 Baths
1,963 Sq Ft
$312/Sq Ft Est. Value

Last Sold June 26, 2012

Last sale price $293,000 $149 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,911/month

272 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Breakfast Area or Nook
  • Property is near public transit
  • Whirlpool Bathtub
  • 4-minute walk to South Lake Park

About This Home

As of June 2012

Great open floor plan with soaring 10 & 12 ft ceiling heights. This home features granite counters, hardwood floors, walnut stained alder cabinetry, Andersen windows, concrete driveway, plus private park and dock area on Sunrise Lake. 2 BR's plus office!

Last Agent to Sell the Property

Travis Sabby

RE/MAX Results Listed on: 08/26/2011

Last Buyer's Agent

Rachel Scarrella

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,471

Year Built

  • 2011

Lot Details

  • 7,405 Sq Ft Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $203 Monthly HOA Fees

Home Design

  • Twin Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,963 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Additional Features

  • Wheelchair Access
  • Air Exchanger
  • Patio
  • Property is near public transit

Community Details

  • Association fees include exterior maintenance, snow removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,471

Year Built

2011

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Twin Home
  • Ada Features: Partially Wheelchair
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.17
  • Construction: Completed New Construction
  • Foundation Size: 1963
  • Mechanicals: Air to Air Exchange, Furnace Humidifier
  • Projected Closed Date: 06/26/2012
  • Taxes With Assessments: 2582
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Built: 2011

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor 3/4 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 2: Dining Room, 17x12, On Level: Main
  • Room 3: Family Room, 14x14, On Level: Main
  • Room 4: Kitchen, 14x12, On Level: Main
  • Room 5: Bedroom, 17x14, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 9: Laundry Room, 10x6, On Level: Main
  • Room 10: Dining Room, 11x10, On Level: Main
  • Room 11: Den/Office, 11x10, On Level: Main
  • Finished Above Grade Sq Ft: 1963
  • Total Fin Square Footage: 1963

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 203

Schools

  • School District: Spring Lake Park #16

Lot Info

  • Estimated Lot Dimensions: N51*144*53
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2011
Closed on
Jun 26, 2012
Sold by
Gorham Communities Llc
Bought by
Locke Daniel J and Locke Carol
Seller's Agent
Travis Sabby
RE/MAX Results
Buyer's Agent
Rachel Scarrella
Edina Realty, Inc.
List Price
$349,900
Sold Price
$293,000
Premium/Discount to List
-$56,900
-16.26%
Current Estimated Value
$613,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,388
Avg. Annual Appreciation
5.71%
Original Mortgage
$263,700
Outstanding Balance
$182,888
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$430,500
Source: Public Records

Range of Values:

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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
Locke Daniel J $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Daniel J $263,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2012 06/26/12 Sold $293,000 -16.3% $149 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
08/26/2011 08/26/11 For Sale $349,900 -- $178 / 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
2025 $5,471 $500,400 $103,500 $396,900
2024 $5,471 $491,400 $92,400 $399,000
2023 $4,976 $499,900 $104,800 $395,100
2022 $5,032 $494,300 $82,800 $411,500
2021 $4,922 $429,400 $75,000 $354,400
2020 $4,813 $411,700 $70,000 $341,700
2019 $4,721 $385,500 $68,000 $317,500
2018 $4,653 $368,600 $0 $0
2017 $4,333 $353,100 $0 $0
2016 $4,531 $332,100 $0 $0
2015 -- $332,100 $98,900 $233,200
2014 -- $266,500 $75,600 $190,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Travis Sabby

    RE/MAX

  • R

    Buyer's Agent in 2012

    Rachel Scarrella

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4072369

REALTOR® Association of Southern Minnesota

APN: 10-31-23-43-0017

Minnesota Anoka County Minneapolis 55449

3037 118th Ave NE, Minneapolis, MN

This home is located at 3037 118th Ave NE, Minneapolis, MN 55449 since 26 August 2011 and is currently estimated at $613,388, approximately $312 per square foot. This property was built in 2011. 3037 118th Ave NE is a home located in Anoka County with nearby schools including Northpoint Elementary School, Westwood Intermediate and Middle School, and Innovation Science & Tech Academy.

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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