NOT LISTED FOR SALE

Estimated Value: $139,000 - $213,000

1 Bed
1 Bath
724 Sq Ft
$220/mo HOA Fee

Last Sold October 01, 2024

Last sale price $138,000 $191 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,276/month

67 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Brick Veneer
  • Laundry Room
  • Burroughs Elementary School Rated A-
  • Living Room
  • 3-minute walk to Fuller Park

About This Home

As of October 2024

Property Id: 1651668

Garden level Condo for rent in popular South Minneapolis neighborhood known as Tangletown. Everything one needs including in-unit laundry. On a bus line, near Lake Harriet, many restaurants and cute shops nearby. New flooring throughout. Safe, quiet, and in a highly-sought-after area of Minneapolis. Other Association Members are caring, wonderful people. Utilities paid by owner. Perfect for students or mature adults. Come take a look. You'll love it!

Last Agent to Sell the Property

Ann Kent

Edina Realty, Inc. Listed on: 07/17/2024

Edina Realty, Inc.

Last Buyer's Agent

Ann Kent

Edina Realty, Inc. Listed on: 07/17/2024

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,179

Year Built

  • Built in 1925

Lot Details

  • Many Trees

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Veneer

Interior Spaces

  • 724 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • Association fees include maintenance structure, hazard insurance, heating, ground maintenance, trash, water
  • 4701 Grand Ave Association, Phone Number (612) 743-9043
  • Low-Rise Condominium
  • Cic 1346 4701 Grand Ave S Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1502824220248

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,179

Year Built

Built in 1925

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 724
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 724
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Laundry

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Brick
  • Neighborhood: Tangletown

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Heating, Maintenance Grounds, Trash, Water
  • Phone: 612-743-9043
  • Association Fee: 220
  • Association: Yes
  • Amenities Unit: Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: 4701 Grand Ave Association

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: .
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1502824220248
  • Tax Annual Amount: 2179
  • TaxWithAssessments: 2179.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Oct 1, 2024
Sold by
Ketterer Mark and Ketterer Emily
Bought by
Kelehan Patrick
Seller's Agent
Ann Kent
Edina Realty, Inc.
Buyer's Agent
Ann Kent
Edina Realty, Inc.
List Price
$150,000
Sold Price
$138,000
Premium/Discount to List
-$12,000
-8%
Views
29
Current Estimated Value
$163,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,361
Avg. Annual Appreciation
15.23%
Original Mortgage
$103,500
Outstanding Balance
$102,440
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$60,921

Purchase Details

Closed on
Sep 19, 2017
Sold by
Davis Shannon M and Davis Danford W
Bought by
Ketterer Mark S and Ketterer Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kelehan Patrick $138,000 --
Ketterer Mark S $142,500 Entitle Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelehan Patrick $103,500
Previous Owner Ketterer Mark S $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2024 12/21/24 Off Market $1,000 -- --
12/15/2024 12/15/24 Price Changed $1,000 +8.7% $1 / Sq Ft
12/15/2024 12/15/24 Price Changed $920 -17.9% $1 / Sq Ft
12/15/2024 12/15/24 For Rent $1,120 0.0% --
12/11/2024 12/11/24 Off Market $1,120 -- --
11/21/2024 11/21/24 For Rent $1,120 0.0% --
10/01/2024 10/01/24 Sold $138,000 -1.4% $191 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $139,900 -6.7% $193 / Sq Ft
07/18/2024 07/18/24 For Sale $150,000 -- $207 / 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 $2,365 $159,000 $40,000 $119,000
2023 $2,180 $167,000 $39,000 $128,000
2022 $2,079 $158,000 $37,000 $121,000
2021 $1,906 $150,000 $35,000 $115,000
2020 $1,964 $142,500 $17,300 $125,200
2019 $1,836 $135,500 $17,300 $118,200
2018 $1,728 $123,000 $17,300 $105,700
2017 $1,694 $110,000 $17,300 $92,700
2016 $1,718 $108,000 $17,300 $90,700
2015 $1,444 $86,500 $17,300 $69,200
2014 -- $80,500 $17,300 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6567249

NorthstarMLS

APN: 15-028-24-22-0248