NOT LISTED FOR SALE

322 Busch Terrace Minneapolis, MN 55419

Tangletown Neighborhood

Estimated Value: $651,000 - $775,000

4 Beds
2 Baths
2,308 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $500,000 $217 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,608/month

52 Days on Market

Highlights

  • Heated Floors
  • Property is near public transit
  • 2 Car Detached Garage
  • Burroughs Elementary School Rated A-
  • Formal Dining Room
  • 4-minute walk to Fuller Park

About This Home

As of August 2014

Classic Tangletown Charmer! Center Hall 2-Story boasts Kitchen w/Granite & Htd Tile, Gorgeous Living Spaces, Porch, Updated Baths, Lrg Owner's Bdr w/Walk-in Closets, plus LL FamRm & Guest Suite! Stunning Yard w/Flagstone Patio & Perennials! It's a Gem!

Last Agent to Sell the Property

Sheryl Petrashek

RE/MAX Results Listed on: 05/23/2014

Last Buyer's Agent

Michael Gross

RE/MAX Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,858

Year Built

  • Built in 1921

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50.00 x 12
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Patio
  • Property is near public transit
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1502824230052

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,858

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foundation Size: 845
  • Parcel Number: 1502824230052
  • Projected Closed Date: 08/08/2014
  • Stories: 2 Story
  • Street Designation: Terrace
  • Taxes With Assessments: 6858
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x12, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 3: Family Room, 17x13, On Level: Lower
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 10x10, On Level: Upper
  • Room 8: Bedroom, 13x10, On Level: Lower
  • Room 9: Sunroom/Solarium, 12x10, On Level: Main
  • Room 10: Dining Room, 7x6, On Level: Main
  • Room 11: Patio, 36x12, On Level: Main
  • Room 12: Laundry Room, 10x6, On Level: Lower
  • Room 13: Other, 40x30, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1608
  • Below Grade Finished Sq Ft: 700
  • Total Fin Square Footage: 2308

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Electric, Natural Gas
  • Heat: In Floor
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 50.00 X 12
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1921

Tax Info

  • Year: 2014
  • Tax Value: 6858

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Jul 29, 2014
Sold by
Bennett Cathy Cathy
Bought by
Sukur Anita Anita
Seller's Agent
Sheryl Petrashek
RE/MAX Results
Buyer's Agent
Michael Gross
RE/MAX Home Realty
List Price
$524,900
Sold Price
$500,000
Premium/Discount to List
-$24,900
-4.74%
Current Estimated Value
$711,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,587
Avg. Annual Appreciation
3.29%
Original Mortgage
$400,000
Interest Rate
4.13%

Purchase Details

Listed on
May 17, 2012
Closed on
Jul 3, 2012
Sold by
Benson Tracy
Bought by
Bennett Cathy L and Bennett Michael L
Seller's Agent
Charles Adair
Edina Realty, Inc.
Buyer's Agent
Sheryl Petrashek
RE/MAX Results
List Price
$479,900
Sold Price
$478,000
Premium/Discount to List
-$1,900
-0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$228,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2010
Sold by
Dewitt Drew C and Dewitt Relly K
Bought by
Benson Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,550
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Falk Brian B and Falk Rebecca B
Bought by
Dewitt Drew C and Dewitt Kelly K
Source: Public Records

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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
Sukur Anita Anita $500,000 --
Bennett Cathy L $478,000 Watermark Title Agency
Benson Tracy $429,500 --
Dewitt Drew C $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sukur Anita $504,000
Closed Sukur Ania $465,000
Closed Pereira Mark A $75,362
Closed Sukur Anita Anita $400,000
Previous Owner Bennett Cathy L $228,000
Previous Owner Benson Tracy $386,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $500,000 -4.7% $217 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $524,900 +9.8% $227 / Sq Ft
07/05/2012 07/05/12 Sold $478,000 -0.4% $216 / Sq Ft
06/09/2012 06/09/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $479,900 -- $217 / 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 $7,903 $587,000 $285,000 $302,000
2022 $7,880 $608,000 $285,000 $323,000
2021 $7,611 $556,000 $204,000 $352,000
2020 $8,242 $556,000 $164,800 $391,200
2019 $8,194 $556,000 $137,400 $418,600
2018 $7,483 $540,000 $137,400 $402,600
2017 $6,812 $442,500 $124,900 $317,600
2016 $6,782 $427,000 $124,900 $302,100
2015 $7,113 $427,000 $124,900 $302,100
2014 -- $386,000 $117,700 $268,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sheryl Petrashek

    RE/MAX

  • M

    Buyer's Agent in 2014

    Michael Gross

    RE/MAX

  • C

    Seller's Agent in 2012

    Charles Adair

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4623787

REALTOR® Association of Southern Minnesota

APN: 15-028-24-23-0052

Minnesota Hennepin County Minneapolis 55419 Tangletown

322 Busch Terrace, Minneapolis, MN

This home is located at 322 Busch Terrace, Minneapolis, MN 55419 since 23 May 2014 and is currently estimated at $711,587, approximately $308 per square foot. This property was built in 1921. 322 Busch Terrace is a home located in Hennepin County with nearby schools including Burroughs Elementary School, Justice Page Middle School, and Washburn High School.

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